Date: 08/16/2024
Type: Implementation of IRA
On August 16, 2024, the Federal Aviation Administration announced the award of $291 million for projects to achieve net-zero greenhouse gas emissions from aviation by 2050. The projects will be funded through Fueling Aviation’s Sustainable Transition (FAST) grants. $244.5 million went to 22 projects for production, transport, blending or storage of sustainable aviation fuel (SAF) and for scoping studies related to SAF infrastructure needs, and $46.5 million went to 14 projects that develop, demonstrate or apply low-emission aviation technologies. Grant awardees will carry out FAST projects in 23 states.