Aviation is a fast growing industry, and as global air traffic is expected to double over the next 15 years, so will the aviation-related emissions, if no action is taken. The industry has already taken steps in the right direction, by committing to the target of achieving carbon neutral growth from 2020 onwards. While many solutions, such as electrified aviation, are still in early stages of development, the industry need solutions to cut the direct carbon emissions of flying.
Neste is committed to helping the aviation industry with its emission reduction targets. This is why Neste has developed a drop-in solution that is readily available and already in commercial use. Neste MY Renewable Jet Fuel™, is a sustainable aviation fuel that reduces GHG emissions up to 80% compared to fossil jet fuel. The fuel provides an immediate solution for reducing the direct carbon emissions of flying and thus helps the industry to achieve its ambitious targets.
Neste MY Renewable Jet Fuel is commercially available and in use
In the US and Europe, Neste’s sustainable aviation fuel annual capacity is currently 100,000 tons. With the Singapore refinery expansion on the way, Neste will have the capacity to produce over 1 million tonnes of sustainable aviation fuel by 2022.
Neste MY Renewable Jet Fuel is already available and used in the market. For example, we have partnered with Air BP to deliver sustainable aviation fuel to customers in Sweden and France. In addition, Lufthansa uses our renewable product, blended with fossil jet fuel, continuously on flights departing from Frankfurt.
Cooperation is key in decarbonizing aviation
Industry cooperation and partnerships are needed to bring new solutions to the market and to ensure fast growth in the use of sustainable aviation fuels. We work together with our partners to develop innovative business models and funding concepts to enable wider use of renewable aviation fuel use, while regulatory frameworks to accelerate growth in sustainable aviation fuels are being defined. Product availability is no longer a constraint for growing use of sustainable aviation fuels, considering investments being made by Neste and others.
Neste serves the aviation industry with a range of high quality jet fuel products. Neste’s product portfolio includes Jet A1 kerosene that is supplied to Helsinki Airport and Neste MY Renewable Jet Fuel. Both fuels comply with the quality requirements and standards of the ASTM certification.