Looking to help spur the development of the still-nascent sustainable aviation fuel (SAF) market, a group of aviation, SAF, and climate experts have joined to establish Future Energy Global.
The Ireland-based company, which is backed by aircraft winglet technology leader Aviation Partners, looks to help channel the more than a trillion dollars in investment required for the aviation industry to reach its goal of a net-zero emissions future. For that to happen, global SAF production would have to increase by a factor of 1,000, from approximately 550 million liters today to more than 500 billion liters by 2050.
“Given the size, scope, and urgency of the need to scale SAF, collaboration is crucial,” said Natasha Mann, Future Energy Global’s CEO and former head of GE Capital Aviation Services portfolio strategy. “Future Energy Global’s pre-purchasing ecosystem brings investors, suppliers, and buyers together, unlocking the capital to make that a reality.”
Mann is joined by COO, co-founder, and climate change economist Isabel Galiana and an advisory team that includes Thorsten Lange, Neste’s former executive v-p for renewable aviation.
“Future Energy Global represents sustainability in action, providing the leadership, technology, and experience to make widespread SAF use achievable,” said Aviation Partners president Gary Dunn. “It is a critical step that invests in everyone’s future.”