The International Air Transport Association (IATA) has released new estimates regarding the production of Sustainable Aviation Fuel (SAF). In 2024, SAF production volumes reached one million tonnes, doubling from the previous year. Despite this increase, SAF still accounts for only 0.3% of global jet fuel production and 11% of global renewable fuel.
Willie Walsh, Director General of IATA, emphasized the role governments can play in accelerating SAF production by reducing fossil fuel subsidies and implementing strategic incentives for renewable energy development. "SAF volumes are increasing, but disappointingly slowly," Walsh stated. He highlighted that oil companies continue to receive subsidies for fossil fuel exploration while investors in new-generation fuels await financial assurances before committing fully.
The report notes that key SAF facilities in the US have postponed increased production until 2025. Next year’s forecast predicts SAF production will reach 2.1 million tonnes, representing 0.7% of total jet fuel output and 13% of global renewable capacity.