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Title: The market development of avaition biofuel: drivers and constraints
Authors: Gegg, Per K.
Budd, Lucy C.S.
Ison, Stephen G.
Keywords: Aviation
Market development
Issue Date: 2014
Publisher: © Elsevier
Citation: GEGG, P.K., BUDD, L.C.S. and ISON, S.G., 2014. The market development of aviation biofuel: drivers and constraints. Journal of Air Transport Management, 39, pp.34-40.
Abstract: Aviation biofuel is technically viable and nearing the commercial stage. In the last ten years, biofuels have moved from relative obscurity to a point where certain types of fuel have become fully certified for commercial use in up to 50% blends with standard jet fuel and commercial partnerships between airlines and biofuel producers are being established. Yet despite numerous successful test flights, aviation biofuels have yet to become widely commercialised. Drawing on the findings of in-depth interviews with leading global aviation biofuel stakeholders undertaken between October and December 2011, this paper identifies and examines the perceived factors that are affecting the market development of biofuels for aviation. The paper illustrates that market development is being driven by the combined effects of rising jet fuel prices, the potential future impact of emissions legislation and concerns about fuel (in)security. However, commercialisation is being constrained by high production costs, limited availability of suitable feedstocks, uncertainty surrounding the definition of the sustainability criteria, and a perceived lack of both national and international political and policy support for aviation biofuel. The implications of these findings for commercial aviation and the future development of global market for aviation biofuel market are discussed.
Description: NOTICE: this is the author’s version of a work that was accepted for publication in the Journal of Air Transport Management. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published at: http://dx.doi.org/10.1016/j.jairtraman.2014.03.003
Version: Accepted for publication
DOI: 10.1016/j.jairtraman.2014.03.003
URI: https://dspace.lboro.ac.uk/2134/14481
Publisher Link: http://dx.doi.org/10.1016/j.jairtraman.2014.03.003
ISSN: 0969-6997
Appears in Collections:Published Articles (Aeronautical and Automotive Engineering)

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