WASHINGTON, DC, US — US production capacity of sustainable aviation fuel (SAF) could increase 1,400% in 2024 if all announced capacity comes online, according to a report from the US Energy Information Administration (EIA).
Capacity could increase from about 2,000 barrels per day (bpd) to nearly 30,000 bpd, it said.
Phillips 66’s Rodeo Renewed project is expected to produce up to about 10,000 bpd of SAF beginning this summer, and Diamond Green Diesel’s Port Arthur SAF project is expected to produce about 15,000 bpd of SAF by the end of the year.
SAF is an alternative to petroleum jet fuel that is produced from waste and agricultural feedstocks, including soybeans. It is used in blends with petroleum jet fuel.
Investments in SAF have increased due to the US Environmental Protection Agency’s Renewable Fuel Standard (RFS), federal tax credits, and state programs and tax credits incentivizing use of the fuel, EIA said.
The White House also set a goal of meeting 100% of US aviation fuel demand with SAF by 2050. About 1.6 million bpd of petroleum jet fuel was consumed in the United States in 2023, and US jet fuel demand in 2050 is projected to exceed 2 million bpd, the EIA said.