Expert opinion on… 1% SAF mandate Norway
by Theye Veen (SkyNGR Market Update) The challenges and feasibility of the intended mandate — As you may have heard, the Norwegian government will discuss a mandate of 1% sustainable aviation fuel (SAF) for all international and domestic flights from January 1, 2019. A proposal was drafted and is open for submission of thoughts and views up until August 10th.
In his role as SkyNRG’s CFO and board member of the Fly Green Fund, Theye Veen is closely involved in the current developments of the SAF market in Nordics. Theye shares his opinion on the feasibility and potential impact on the SAF market of implementing the proposed mandate:
This is a very important step towards a structural market for SAF. It is a brave move, and if done the right way it can serve as a showcase for other progressive governments that have SAF ambitions. As it stands now, the mandate starts with 1% of all jet fuel consumed in Norway in 2019 with the intention to grow to 30% SAF in 2030. Although ambitious and progressive, it is important to realize there will be different challenges along every step of the way.
As the first commercial SAF volumes were only delivered in 2011, and all of the SAF uptake has been voluntary since, it does not imply that the needed Norwegian volumes are easily produced and supplied. But it can be done, and it can be done sustainably. READ MORE