ATAG is partnering with BloombergNEF to organise a briefing on Sustainable aviation fuel: financing the scale‐up in New York on Wednesday 16 October.
Sustainable aviation fuel (SAF) is one of the few low-carbon technologies with the potential to help decarbonise aviation, and the only feasible option in the near term.
The nascent SAF industry continues to show promise, with the number of offtake agreements surging in the past two years as airlines demonstrate their commitment to the fuel, and new projects boost anticipated production capacity. But hurdles remain, namely scarcity of supply, competition for resources, and a lack of technological diversification.
These hurdles have led to significant barriers when securing financing for projects. If unaddressed, these will lead to substantial bottlenecks and could cause the aviation industry to fall short of its ambitious goals.
The briefing is principally for the finance community and investors. If you are interested in attending, please email events@atag.org for more information. Please note that the event capacity is limited.
AGENDA
13:00 - 14:00 Registration and Networking
David Doherty
Head of Oil and Renewable Fuels, BloombergNEF
A look at the overall path to net-zero and the role of different levers of
mitigation available to aviation.
Haldane Dodd
Executive Director, ATAG
Jade Patterson
Senior Associate, Renewable Fuels, BloombergNEF
Moderated by Anastacia Davies
Head of Renewable Fuels, BloombergNEF
Sustainable aviation fuels are expected to play a key role in
curbing aviation emissions, and increasingly feature in ambitious
policies aimed at ramping up use. But with high costs, cross-sector
competition for resources and limited supply of sustainable
feedstock, the path to reaching scale is not straight forward. This
panel will discuss the challenges facing the SAF industry and what
is needed to overcome them.
Diana Birkett Rakow
SVP Public Affairs & Sustainability/ESG, Alaska Airlines
Jason Hazen
Global Director, Fuels Marketing, LanzaJet
Kevin Welsh
Chief Sustainability Officer, Airlines for America
Nancy Young
Chief Sustainability Officer, GEVO, Inc.
Lanzajet representative (tbc)
15:25 - 15:55 Coffee break
Bo Qin
Carbon Market Specialist, BloombergNEF
Moderated by George Ferguson
Senior Aerospace, Defense and Airline Analyst, Bloomberg Intelligence
What are the potential risks and rewards of investing in sustainable aviation refineries? Sustainable aviation fuel is the primary way most airlines plan to meet environmental goals yet supply is woefully deficient. Investment is behind schedule as refineries likely take a decade and cost over $1 billion. How have the early deals performed, what’s the most likely way forward – and how can an investor profit?
Adam Klauber
Vice-President, Sustainability and Digital, Supply Chain, World Energy
Vilas Kuchinad
Managing Director and Head of Innovation, Global Sustainable Finance Group, Bank of America
Margaret Claiborne Campbell
Assistant General Counsel, Environmental Compliance & Sustainability, Delta Air Lines
Chris Pereira
CEO, Aerospace Carbon Solutions (ACS) and Sustainability, GE Aerospace
David Doherty
Head of Oil and Renewable Fuels, BloombergNEF
17:10 Reception