Press release
Renewable Energy-based Commercial Aviation Market in Scandinavia - Key Players: Gaia Solar, Equator Aircraft Norway, Serenergy, SkyNRG and Swedish Biofuels
Market Research Report
Technavio Announces the Publication of its Research Report Renewable Energy-Based Commercial Aviation Market in Scandinavia 2017-2021
Technavio recognizes the following companies as the key players in the renewable energy-based commercial aviation market in Scandinavia: Gaia Solar, Equator Aircraft Norway, Serenergy, SkyNRG and SWEDISH BIOFUELS.
Commenting on the report, an analyst from Technavios team said: One trend in the market is development of second- and third-generation biofuels. Second-generation biofuels are those that can be synthesized from various kinds of biomass, i.e., any source of organic carbon that can be renewed rapidly as part of the carbon cycle. These biofuels are usually made from lignocellulosic biomass or woody crops, several kinds of agricultural residues, or waste.
According to the report, one driver in the market is easy access to feedstock in Scandinavian countries. In order to make sustainable jet fuel production commercially viable, the feedstock should be cost-effective and available in large quantities. Feedstocks for sustainable jet fuel are also potential feedstock for other renewable fuels (biodiesel or ethanol). Therefore, there is no need to establish a separate feedstock processing facility exclusive to jet fuel production. Instead, an already established base for producing sustainable fuels for road and other means of transport can be shared for producing sustainable jet fuels.
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Further, the report states that one challenge in the market is financial viability in producing advanced biofuel. Financing biofuels to a commercial level of production is a key challenge faced by airlines and the aviation industry. Many airlines are unable, economically, to support or invest in biofuel supply. In turn, biofuels become expensive to harness, which results in fewer investments in the sector. Additionally, the production of any alternative fuel for the aviation industry is often costlier than that of the fuels used in road transportation. Also, the requirement for producing drop-in fuels for aviation applications necessitates adhering to processes more advanced than those used for the first generation of biofuels used in road transportation, like fatty acid methyl esters (FAME) or ethanol.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by type
Market segmentation by type of renewable energy source
Aviation biofuel market in Scandinavia
Airport solar PV systems market in Scandinavia
PART 07: Segmentation by country
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