Sustainable Aviation Fuel Prospectus

New South Wales (NSW) is well placed to respond to the global aviation industry’s decarbonisation efforts. NSW is home to a diverse range of feedstocks accounting for approximately 22% of Australia’s potential biogenic feedstock for sustainable aviation fuel (SAF) production.

Modelling commissioned by Regional Economic Development found biogenic SAF is expected to make up around 52% of all aviation fuel in Australia by 2050, with the market value estimated to be A$11.9 billion in Australia and AUD$4.8 billion in NSW. It is predicted that NSW will need between 4,000 and 4,300ML/year of SAF by 2050.

With the establishment of the Jet Zero Council in June 2023, Australia is poised to launch its SAF refining capability.

This prospectus outlines the opportunities available in NSW in the SAF industry.