Singapore to require departing flights to make use of sustainable aviation gasoline from 2026.
Singapore plans to require all flights departing the nation to make use of sustainable aviation gasoline (SAF) from 2026, its transport minister stated because the city-state joins the worldwide aviation business’s efforts to change to greener gasoline.
Below the plan, introduced by Chee Hong Tat on the Changi Aviation Summit on the eve of the Singapore Airshow, the nation goals for a 1% SAF goal from 2026 and plans to boost it to 3-5% by 2030, topic to international developments and the broader availability and adoption of SAF.
The Civil Aviation Authority of Singapore (CAAS), which developed the plan in session with business and different stakeholders, stated in an announcement:
🔥 What about we co-host a webinar? Let’s educate, captivate, and convert the biofuels financial system!
Biofuels Central is the worldwide go-to on-line journal for the biofuel market, we can assist you host impactful webinars that develop into a worldwide reference in your subject and are an evergreen supply of leads. Click on right here to request extra particulars
Using SAF is a important pathway for the decarbonisation of aviation and is predicted to contribute round 65% of the carbon emission discount wanted to realize web zero by 2050.
SAF could be made both by an artificial processes or from organic supplies, like used cooking oil or wooden chips. SAF presently accounts for 0.2% of the jet gasoline market.
The aviation business says this can rise to 65% by 2050 as a part of a plan to succeed in “web zero” emissions by then, although that may require an estimated $1.45 trillion to $3.2 trillion of capital spending.
SAF producers complain that they lack certainty about whether or not gasoline they produce can be purchased, whereas airways say there may be not sufficient provide on the proper worth. SAF presently prices as much as 5 instances greater than conventional jet gasoline.
CAAS plans to introduce a SAF levy for the acquisition of SAF to supply price certainty to airways and travellers, it stated. The levy can be set at a set quantum, primarily based on the SAF goal and projected SAF worth at that time limit.
It would range primarily based on elements comparable to distance travelled and sophistication of journey. For instance, the levy to help a 1% SAF uplift in 2026 may enhance ticket worth for an financial system class passenger on a direct flight from Singapore to Bangkok, Tokyo and London by an estimated quantity of round S$3 ($2.23), S$6 and S$16 respectively.
Singapore to require departing flights to make use of sustainable gasoline from 2026, February 18, 2024
