Spain Joins Growing European Push for Synthetic Sustainable Aviation Fuel as Iran Crisis Exposes Fossil Fuel Vulnerability
AI-summarised brief · reviewed before publication
Spain has joined a growing European push for synthetic sustainable aviation fuel (eSAF) as the Iran crisis exposes the vulnerability of fossil fuel dependence in aviation. A coalition of 21 Spanish organisations, including airlines, aircraft manufacturers, and renewable energy producers, has urged the government to make a concrete financial commitment to the eSAF Early Movers Coalition. The signatories propose a two-sided auction mechanism to break investment barriers and provide long-term purchase agreements with predictable revenues.
💡 Why It Matters
- · The Iran crisis has laid bare the structural vulnerability of European aviation to fossil fuel dependence, with the EU importing 95% of its crude oil and 30% of its jet fuel supply passing through the Strait of Hormuz.
- · The geopolitical premium on fossil fuels adds up to €88 per passenger on long-haul flights, making it a significant risk for the industry.