Swedavia – Sustainable Aviation Fuel (SAF) Incentive Programme 2021*
Swedavia has adopted an environmental target that 5 per cent of all jet fuel used at Swedavia airports shall be renewable by 2025. To support airlines operating scheduled and/or charter traffic at any Swedavia airport that are using SAF Swedavia continue its Sustainable Aviation Fuel Incentive Programme during 2021.
Swedavia supports up to 50 % of the premium cost for neat SAF for approved applications. The lower limit for Swedavia is to support with 125 000 SEK, which makes the minimum premium cost 250 000 SEK for an airline group**. The maximum support from Swedavia to an airline group is 6 MSEK until September 1st, 2021, after which the limitation is waived. The total fund available for use during 2021 is 20 MSEK.
An airline group interested to participate in the incentive programme must contactSwedavia before any purchase with a completed application. Based on the application and the remaining funds in the SAF Incentive Programme, Swedavia will make a decision and reserve the decided funding from the SAF Incentive Programme. When the decision is made the airline will be informed.
The required written verifications (including proof of refuelling) must have been submitted to Swedavia no later than 4 months after a completed application has been filed. If the reserved funds have not been used, the funds are released back into the incentive fund.
The verifications must show the purchase order, including the price of the fuel, the volumes of SAF purchased, the refuelling ticket and the sustainability documentation.
The funding will be provided once Swedavia has received, checked and approved the requested documentation. Swedavia will pay out the funds as a credit within 30 days after having approved the documentation.
Criteria of the Programme
The neat sustainable aviation fuel must be sustainably sourced. The refuelling withsustainable aviation fuel must be made at one of Swedavia's airports.
Rules and regulations
The Programme for 2021 will operate between January 1st, 2021 and December 31st, 2021. The total funding for this Programme is 20 MSEK. The support will be offered for as long as there are funds remaining during the given period.
The application process starts January 1st, 2021 at 00:00 CET, Swedavia will not accept applications prior to the start of the application process.
The cost premium may be provided by the fuel supplier. If no such information is given the cost premium will be calculated by subtracting the actual cost for neat SAF (submitted by the airline) with the spot rate for Jet Fuel*** at the date the request was first processed.
Each airline group is allowed to apply for the incentive once per month. An ownership threshold of 51 per cent is applied to determine whether a particular airline belongs to a group or not.
The support will be divided equally in cases where several airlines are applying for the last amount of the fund during the same day.
If a national mandate for SAF is introduced during 2021, incentives will only be given to volumes exceeding the requirements of that mandate. The application form will then be updated.
The currency used to calculate the support is SEK (Swedish krona). Swedavia reserves the right to apply conversion rates for purchases made in any other currency.
Manipulation with the required annexes or other required information, may cause the airline to be disqualified from the Programme. Swedavia reserves the right to disqualify an airline from the Programme if the airline in Swedavia’s view fails to comply with the criteria and rules and regulations for the Programme. Nor will any incentives be paid if the airline has not fulfilled its obligations to Swedavia.
Any dispute arising in connection with the incentive programme shall be settled in a Swedish court under Swedish law.
Swedavia’s Conditions of Services posted on www.swedavia.com shall apply to the Programme.
* Valid between January 1 st and December 31st, 2021
** Airline group consists of one or more airlines
*** Using the Jet Fuel Price Monitor (Europe & CIS) https://www.iata.org/publications/economics/fuel-monitor/Pages/index.aspx
For more information about the Swedavia Incentive Programme, please contact your contact person or send an e-mail to email@example.com
SAF Incentive 2021 (PDF)