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Global SAF production set to double in 2024, with future growth policy-dependent

January 3, 2024 Comments Off

Global production of sustainable aviation fuel is set to surge 98% to 1.95 million mt in 2024, according to forecasts by S&P Global Commodity Insights, with the growth rate slowing from 174% year on year in 2023. Looking ahead, the increase from 2024 to 2025 is expected to be 81%. Europe will account for over half of sustainable aviation fuel…