Repsol achieves certification to trade Sustainable Aviation Fuel within RSB’s book and claim system.

Repsol has received certification by the Roundtable on Sustainable Biomaterials (RSB), giving the company access to sell its sustainable aviation fuel (SAF) within the RSB Book & Claim System.

This enables the multi-energy company to deliver SAF at specific airports and enter it into the RSB registry, thus, allowing customers at other airports around the world to claim the certified emission reductions associated with the registered SAF when purchasing their traditional jet fuel.

The book and claim mechanism addresses the supply-and-demand challenges that currently exist for SAF and allows the aviation sector to accelerate its decarbonization process. SAF only available at a limited number of geographical locations globally and delivering it to other airport locations can be costly and generate unnecessary CO2 emissions in the refueling process.

? What about we co-host a webinar? Let’s educate, captivate, and convert the biofuels economy!

Biofuels Central is the global go-to online magazine for the biofuel market, we can help you host impactful webinars that become a global reference on your topic and are an evergreen source of leads. Click here to request more details

RSB’s Book & Claim System helps overcome these obstacles and enables the growth of SAF use since it allows airlines and their clients to claim the SAF carbon reductions without physical access to sustainable fuel supply.

This chain of custody model has been developed to ensure full traceability and credibility, as well as a demonstrable climate impact by avoiding double counting in the process.

The carbon reductions associated with the SAF will be registered as a ‘book and claim unit’ and transferred to any willing buyer globally, while the physical fuel delivered at the nearest airport will not have any sustainability criteria attached. Book and claim is currently only targeting voluntary markets, thus contributing to carbon emission reductions that are in addition to mandates and regulations.

RSB’s leadership in book and claim is grounded in the organization’s multi-stakeholder governance and non-profit status: RSB’s approach has been developed through a uniquely credible and robust consensus-based decision-making process that balances the voices of industry, civil society, and academia, building a trusted solution to help scale decarbonization. Repsol has received the certification through SGS, accredited by RSB to perform independent audits.

Highlights:

  • The certification enables Repsol to deliver sustainable aviation fuel (SAF) at specific airports and enter it into the RSB Registry, thus, allowing customers at other airports around the world to claim the carbon reductions of the registered SAF when purchasing traditional jet fuel.
  • This certification opens a wider global market for Repsol to sell SAF from its advanced biofuels plant in Cartagena (Spain) that is currently in final commissioning.
  • Renewable fuels, including SAF, are one of the main levers of Repsol’s strategy to accelerate emissions reduction from all transport sectors.

Repsol achieves certification to trade SAF within RSB’s book and claim system, February 7, 2024



Source link