Cepsa Will Not Build More SAF Plants until It Has a Regulatory Framework
(Periodico Energia (Google Translation)) The CEO of the energy company has stated that now “we are investing in a business with almost no framework”, and “we need a competitive framework with the US — The CEO of Cepsa , Maarten Wetselaar , has advanced this Monday that they will only build plants to produce Safe Aviation Fuel (SAF) , the alternative aviation fuel to kerosene and less polluting “when we have a regulatory framework” .
At the Aviation and Tourism Forum, organized by Renew Europe, the European group in which Ciudadanos is integrated, Vetselaar recalled, however, the project announced last week for Huelva with an investment of 1,000 million euros .
Cepsa’s investment
The situation is that now “we invest in a business with almost no framework”, and “we need to have a competitive framework with the United States , where it is much more progressive”, because otherwise there is a risk of “losing the game in what next years”.
“We are investing” but “to triple that investment we need a well-designed system, in which stability is almost the most important thing”, said Cepsa’s top executive, who criticized the fact that in Spain “it is penalized not doing it more than encouraging it ”. READ MORE
Iberia asks for SAF fuel incentives as the US and UK have (Investing.com)
EU to Biden: It’s on (Politico’s Power Switch)
Excerpt from Investing.com:The executive president of Iberia, Javier Sánchez-Prieto, has requested this Monday a stable regulatory framework and incentives for the production of Safe Aviation Fuel (SAF), the alternative fuel to kerosene, so that Europe can compete with the United States and the United Kingdom, where it is already subsidized.
At the Aviation and Tourism Forum, organized by Renew Europe, the European group in which Ciudadanos is integrated, Sánchez-Prieto explained that future hydrogen or electricity-powered aircraft will still take at least 30 years, which is why the SAF is the only fuel that can significantly contribute to reducing polluting gas emissions.
In addition, he understands that a hypothetical ban on short and medium-haul flights does not make sense because it is precisely on those routes that SAFs are tested and used, more than on long flights.
Airports and planes are ready for the use of the SAF, but Europe “is not making the transition”, while other countries, such as the United States and the United Kingdom, are doing so, with production incentives such as those announced by President Joe Biden.
He has also called for the single European sky to become a reality, “because the reality is that there are borders”, to bet on intermodality and free access to the capital market in Europe, because “it does not make sense” the current obligation that the 51% of the capital of the airlines is in European hands. READ MORE