Aviation Industry Calls for More Funding for Synthetic Fuels

December 12, 2024

Biofuel-based sustainable aviation fuel (SAF), made from materials like used cooking oil or wood chips, could reduce aviation emissions by up to 80%, according to government and industry officials, and is seen as the key green solution for the sector.
But there is a shortage of feedstocks to produce enough of the fuel from organic materials. Investment into pricier synthetic fuels made out of hydrogen or carbon capture, known as e-SAFs, is needed to ensure Europe can meet its green goals.
Only a handful of refineries produce e-SAF, which is considered to be even cleaner than biofuel-based SAF, and very few airlines have committed to purchasing it.

https://www.reuters.com/business/aerospace-defense/aviation-industry-calls-more-funding-synthetic-green-fuels-2024-06-11/

NEWS

Syntholene Energy Announces DTC Eligibility and Provides Update Regarding Investor Relations Activity

Syntholene Energy Signs Site Lease and Receives Construction Permit at Historic Húsavík Power Station for Demonstration Facility

Syntholene Energy Corp. Announces Engagement of DS Market Solutions Inc. for Liquidity Services and Emerging Markets Consulting for Communications and Marketing Services