With the rising awareness of climate change, we are witnessing a remarkable shift in the biofuel industry. Oil giants are shaking hands with agricultural cooperatives. Airlines are co-investing in fuel production facilities. Giant tech companies are embedding themselves in refinery operations.
But let’s be honest: the journey of biofuel production, which is from feedstock to ready-to-use green fuel, still requires smooth streamlining. It’s a complex, multi-layered process from sourcing sustainable materials to efficient distribution.
However, instead of introducing so much complexity, the EU and the UK, from this year, are introducing a requirement for airlines and fuel suppliers to use sustainable aviation fuel (SAF). Specifically, 2% of all jet fuel must be SAF, which is a legally binding policy and will, over time, help in eventually increasing the use of SAF.
These steps of restructuring the biofuel value chain are bringing companies to initiate cross-sector collaborations. Such cross-sector transformative partnerships are taking center stage at Leadvent Group's 3rd Annual Advanced Biofuel Forum—the premier biofuel event exploring how collaboration between different industries is defining the future of biofuel adoption.