SAF Mandates Rise as Refiners Push Back on RFS – Echoes of 2018?
As the spotlight remains fixed on Sustainable Aviation Fuel (SAF) mandates globally, SAF continues to command a striking premium. HEFA-SPK in Europe is quoted at $1,765–1,778/mt fob ARA, while conventional Jet A1 hovers near $680/mt—representing a staggering +$1,085/mt premium. With economics like these, it’s no surprise that mandates are the backbone of SAF adoption. Under the ReFuelEU Aviation regulation, all aviation fuel supplied at EU airports must include at least 2% SAF now, and this figure is set to rise to 6% by 2030. There is a coprocessing component here, especially in the EU, that makes achieving this mandate a lot easier than it appears, which should continue to put pressure on SAF pricing.
Want to read more?
Subscribe to globalbiodiesel.com to keep reading this exclusive post.
