Abstract
ICARUS - International cooperation for sustainable aviation biofuels - is a Horizon Europe project that aims at accelerating the scale-up of sustainable aviation biofuels production, in order to support the EU goals for climate mitigation in 2030 and 2050 and the ReFuelEU Aviation, enhance the potential to export European renewable fuel technologies into global developing markets, and improve sustainability of aviation fuels while reducing their cost worldwide. The core activity of ICARUS is to address the whole value chains of three Sustainable Aviation Fuel (SAF) production routes by improving, with innovative solutions, critical and limiting technology steps, and by performing techno-economic, environmental, and social assessments for the complete value chains. Bringing together European expertise on the entire value chains for SAF production. This Deliverable 3.2 on the economic analysis of selected SAF options focuses on the technical and economic assessment of the three ICARUS value chains, including the future production costs and market prices as well as the key factors influencing these costs. A literature review serves as the basis for the analysis of the value chains, while key performance indicators are used to reflect the status and effectiveness and to objectively assess the technical and economic performance. Drawing conclusions from the indicators analysed leads to a synthesis of information from multiple sources and examines how these costs will evolve as challenges in the value chains are overcome. In ICARUS this information is used to assess specific cases within the three value chains.