Global capacity for producing renewable and low carbon fuels could triple by 2030, according to a new study covered by BusinessGreen. The growth is driven by demand from aviation, shipping, and road transport as companies look for alternatives to fossil fuels. Sustainable aviation fuel, renewable diesel, and other drop-in fuels are expected to make up a growing share of the market. The report highlights that investment in new refinery projects is accelerating, but the scale of the buildout depends on policy support and feedstock availability. For airlines and shipping lines, these fuels are one of the few near-term options to cut emissions without waiting for new aircraft or ships. The study suggests that the pace of project development will need to keep up with tightening climate targets. For anyone tracking the low carbon fuels sector, the key numbers are the projected capacity increase and the split between different fuel types. The full study is behind a paywall, but the headline trend points to a rapid expansion in production capacity over the next few years.
