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Brief
On May 12, 2024, the European Union Aviation Safety Agency (EASA) issued an update regarding "EASA publishes report on the European Union Sustainable Aviation Fuels (SAF) market". The report provides insights into the state of the SAF market in the EU, including reference prices for eligible fuel types, assessment of production capacity, and emerging trends. The ReFuelEU Aviation Regulation sets targets for SAF use to reduce aviation's environmental impact, with mandatory use starting at 2% in 2025 and increasing to stimulate production.
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