PWC News
Sunday, June 22, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

London’s Heathrow Airport Targets 3% SAF Use in 2025, 11% in 2030 – ESG Today

Home ESG Business
Share on FacebookShare on Twitter


London’s Heathrow airport introduced a rise in its Sustainable Aviation Gasoline (SAF) incentive scheme, with plans to make £86 million (USD$104 million) out there to airways to assist lower the value hole between SAF and conventional jet gas, and to scale the usage of SAF on the airport to three% in 2025.

Gasoline accounts for the overwhelming majority of the aviation sector’s emissions. Usually produced from sustainable sources, like waste oils and agricultural residues, SAF is seen as one of many key instruments to assist decarbonize the aviation trade within the near- to medium-term. SAF producers estimate the fuels can lead to lifecycle GHG emissions reductions of as a lot as 85% relative to traditional fuels. Efforts to meaningfully enhance the usage of SAF by airways face vital challenges, nonetheless, together with the low provide at the moment out there in the marketplace, and costs effectively above these of typical fossil-based fuels. Globally, SAF at the moment represents lower than 0.1% of jet gas volumes.

The announcement marks the fourth yr of Heathrow’s SAF incentive programme for airways. Launched in 2022, the scheme’s incentive is designed to chop the value hole between typical jet gas and SAF in half. The scheme works by means of an SAF incentive “pot” funded by the airport’s charges for aeronautical providers – particularly, its NOx aeronautical prices – with airways bidding to the pot to obtain a rebate, with a purpose to make SAF extra inexpensive.

In response to Heathrow, the 2025 incentive scheme goals to extend the usage of SAF to 187,000 tonnes in 2025 – up from the 2024 goal of 155,000 tonnes, and 70,000 tonnes in 2023 – leading to an anticipated 500,000 tonne lifecycle carbon emissions discount from flights of greater than 500,000 tonnes, primarily based on a 70% emissions discount from the usage of SAF.

The motivation scheme comes because the UK brings into pressure its new SAF mandate this yr, requiring   the introduction of SAF within the UK’s jet gas combine, beginning at 2% in 2025, and ramping as much as 10% by 2030, and 22% by 2040. Heathrow famous that its goal would exceed the UK mandate by 1%, and that its 2030 goal of 11% SAF additionally exceeds the UK mandated degree by 1%.

Heathrow’s Director of Carbon Technique, Matt Gorman mentioned:

“Sustainable Aviation Gasoline is now not a future promise—it’s a confirmed answer that’s powering flights worldwide. Our SAF incentive scheme, a part of our Connecting Individuals and Planet sustainability technique, has made vital progress and we’re now exploring choices to set a long-term incentive sign to 2030. We’re delighted that Authorities has moved so rapidly to legislate the SAF Mandate. We should now speed up laws for the SAF Income Certainty Mechanism to make sure we are able to construct a home trade that may assist decarbonise and drive financial progress.”



Source link

Tags: AirportESGHeathrowLondonsSAFtargetsToday
Previous Post

Microstrategy Acquires 2,530 Bitcoin Amid Ongoing Strategy – Bitcoin News

Next Post

Cerebras Stock: A Promising Opportunity in AI Hardware

Related Posts

A technology to help stagnant waters ‘breathe’ again
ESG Business

A technology to help stagnant waters ‘breathe’ again

June 20, 2025
Protecting your AI innovation: Strategies for startups (Second part)
ESG Business

Protecting your AI innovation: Strategies for startups (Second part)

June 22, 2025
European Commission to Withdraw Anti-Greenwashing Regulation – ESG Today
ESG Business

European Commission to Withdraw Anti-Greenwashing Regulation – ESG Today

June 20, 2025
La Caisse Targets 0 Billion in Climate Investments by 2030 – ESG Today
ESG Business

La Caisse Targets $400 Billion in Climate Investments by 2030 – ESG Today

June 21, 2025
EPP Calls on EU Commission to Scrap Anti-Greenwashing Legislation – ESG Today
ESG Business

EPP Calls on EU Commission to Scrap Anti-Greenwashing Legislation – ESG Today

June 19, 2025
How to Make Your CFO Fall in Love with Your Sustainability Strategy
ESG Business

How to Make Your CFO Fall in Love with Your Sustainability Strategy

June 20, 2025
Next Post
Cerebras Stock: A Promising Opportunity in AI Hardware

Cerebras Stock: A Promising Opportunity in AI Hardware

2 Key Charts Suggest Trouble Brewing Beneath the Surface for Stocks | Investing.com

2 Key Charts Suggest Trouble Brewing Beneath the Surface for Stocks | Investing.com

Market is supported by bulls and economic expansion despite recent declines

Market is supported by bulls and economic expansion despite recent declines

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Why Solar Stocks Are Crashing: Structural Policy Shift Explained | Investing.com
Market Analysis

Why Solar Stocks Are Crashing: Structural Policy Shift Explained | Investing.com

by PWC
June 17, 2025
0

Photo voltaic shares skilled a dramatic selloff on Tuesday, June 17, 2025, because the U.S. Senate’s model of President Donald...

Top Wall Street analysts suggest these dividend stocks for stable income

Top Wall Street analysts suggest these dividend stocks for stable income

June 16, 2025
UK inflation eases by less than anticipated ahead of Bank of England rate decision

UK inflation eases by less than anticipated ahead of Bank of England rate decision

June 18, 2025
The Fed held interest rates steady, but some credit card APRs keep going up. Here’s why

The Fed held interest rates steady, but some credit card APRs keep going up. Here’s why

June 20, 2025
Labubu-maker’s shares slump as Chinese state media calls for stricter regulation, Morgan Stanley cuts interest

Labubu-maker’s shares slump as Chinese state media calls for stricter regulation, Morgan Stanley cuts interest

June 20, 2025
Insect Numbers Are Plummeting: Here Are Eight Easy Ways to Help – EcoWatch

Insect Numbers Are Plummeting: Here Are Eight Easy Ways to Help – EcoWatch

June 21, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.