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Eight EU states launch €500mn fund to boost e-kerosene by 2030

A coalition of eight EU countries plans a series of public auctions to secure e-SAF production, responding to a lack of final investment decisions despite over 40 projects identified.

Eight EU states launch €500mn fund to boost e-kerosene by 2030

SectorCarburants Alternatifs, SAF
ThemeInvestissements & Transactions, Développement de projets, Financement

Eight member states of the European Union have joined forces to launch a joint political and financial initiative aimed at supporting the industrial development of synthetic aviation fuel, or e-kerosene. With an initial budget of €500mn ($543mn), the “eSAF Early Movers’ Coalition” is planning its first double-sided auctions by 2026 to trigger investment decisions in a sector still hampered by high costs and long-term demand uncertainty.

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Carburants Alternatifs