SkyNRG launches SAF initiative

Dutch sustainable aviation fuel (SAF) company SkyNRG announced the launch of Project Runway, using the book-and-claim approach to provide easier access of green jet fuel for airlines and corporates.

Microsoft will join the initiative as a founding member acting as the initial Scope 3 SAF claims buyer.

“In collaboration with Microsoft, we’re offering the opportunity for airlines to access reliable guidance, more sustainable fuels and shared costs, ensuring their SAF journey takes off with a strong tailwind,” said Theye Veen, chief commercial officer, SkyNRG.

Under the book-and-claim approach, the SAF producer will allow airlines access to SAF while giving them the option to share the SAF price premium with corporates looking to reduce their own Scope 3 aviation emissions.

SkyNRG said that it aims to support airlines in navigating the complexities of SAF procurement and provide an effective way to reduce their greenhouse gas emissions through the project.

“Project Runway will enable a global SAF market transformation that we see as essential to decarbonising air travel. Microsoft is proud to add this important SAF initiative to its portfolio of support, and thanks to their proven sustainability leadership, creativity and credibility, SkyNRG is the ideal host for on this project,” added Julia Fidler, fuel and materials decarbonisation lead at SkyNRG.