By the year 2045, Sweden aims to become fossil free. One of the ambitious targets set by the Sweden Government. As stated by the Swedish Government on 11th September 2020, greenhouse emission reduction has become a mandate to implement the aviation fuel market in Sweden in the early periods of 2021.
A 0.8% decrease in degrees has been noticed in 2021 with a steady rise to 27% in 2030. Hence, Sweden is a pioneer in environment-friendly flying.
As per Jonathan Wood, Vice President, Renewable Aviation Europe at Neste, “We need frontrunners to lead the way in sustainable aviation. The ambitious target now set by the Swedish government is an example others should follow to support the aviation industry in meeting its emission reduction targets. It also creates the necessary certainty for sustainable aviation fuel producers to invest in increasing the production.”
In 2020, Norway introduced a blending mandate of 0.5% biofuel. It shows a sufficient amount of capacity to be available in the market to supply sustainable aviation fuel to Sweden and Norway.
Neste, a major company from Finland is also involved in creating sustainable solutions for transport, business, and consumer needs. The company is one of the world’s largest producers of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries.
A huge commercial-scale volume of NesteMy Sustainable Aviation fuel has been produced from renewable waste and residue raw materials. The fuel in its clear form over the lifecycle can reduce up to 80% of greenhouse gas emissions as compared to fossil jet fuel.
The sustainable aviation fuel capacity from Neste is around 100,000 tons. As per Neste, by 2023, around 1.5 million tonnes of sustainable aviation fuel can be generated due to the upcoming expansion of the Singapore refinery and potential future investments in the Rotterdam refinery.
An ambitious target has been set by the global aviation industry to handle the greenhouse gas emissions from air transport, including carbon-neutral growth from 2020, and the net aviation carbon emission to be reduced by 50% by 2050.
Even though sustainable aviation fuels offer an alternative solution to fossil fuels but there is a need for multiple solutions to reduce greenhouse gas emissions.