Yet finding the money for the plants that will make it is proving tricky
Nanna Baldvinsdóttir has become used to being inundated with unsolicited calls after speaking at industry conferences. The co-founder and chief executive of Icelandic start-up IðunnH2 has something to offer that is in high demand across the aviation industry: plans for a commercial scale, sustainable aviation fuel production facility. “I get cold calls afterwards,” says Baldvinsdóttir.
However, this wide range of possible contributions under the different road maps underlines the uncertainty over securing enough supply at an affordable price. SAF currently makes up less than 0.1 per cent of global jet fuel volumes and is at least three times more expensive. Today, the majority of SAF is made from waste such as cooking oil and plants, but other sources include biomass that absorbed CO₂ when it was alive.
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