EU eSAF projects stall as price forecasts fall and rules in question

High capex, a steeply falling cost curve and uncertainty over EU mandates and offtake terms are delaying investment decisions, leaving dozens of synthetic sustainable aviation fuel (eSAF) projects without final approval. The eSAF or Power to Liquid cost curve sits very high today but has one of the steepest downward cost trajectories over time, Rahul Malik, a consultant at S&P Global Energy, saidHigh capex, a steeply falling cost curve and uncertainty over EU mandates and offtake terms are delaying investment decisions, leaving dozens of synthetic sustainable aviation fuel (eSAF) projects without final approval. The eSAF or Power to Liquid cost curve sits very high today but has one of the steepest downward cost trajectories over time, Rahul Malik, a consultant at S&P Global Energy, saidRead More