Net Zero Industry Tracker 2024 Aviation

CapitalAVIATION The aviation industry will require a capital investment of $5 trillion138 to develop and implement low-emission technologies and infrastructure. This investment is required from the broader aviation ecosystem to build the necessary infrastructure, such as SAF production facilities and hydrogen refuelling stations at airports.It is projected by MPP that out of the total additional investment required, about 52% ($2.6 trillion) is anticipated from fuel producers, 44% ($2.2 trillion) from energy providers (including CO2 capture companies), less than 0.1% from airports, and 4% ($0.2 trillion) from airlines.139 Thus, the vast majority of investment needs to be carried out to deliver low-carbon fuel, with significant pass-through of cost to airlines and eventually to passenger and cargo customers. Investments required by the sector and enabled by the ecosystem FIGURE 28 Enabled by the ecosystem (around 95% of total investments)Investments by the sector (around 5% of investments)$5 trillion required in investment by 2050 Retrofit airports with SAF infrastructure Demand creation via offtake agreements Invest in R&D for low-TRL technologies Air traffic management improvement CO2 capture (from PSC and DAC) Build refuelling/recharging infrastructure Airport hydrogen storage infrastructureSAF production Low-temperature electrolysers (for hydrogen production) CO2 capture plants for SAF Manufacture more efficient turbines and aerodynamic airframes Manufacture hydrogen and battery electric aircraft Renewable electricity production SAF Fuel efficiency measures Novel propulsion technologies Note: Original equipment manufacturers (OEMs) and manufacturers are classified as the ecosystem in this figure. Source: Accenture analysis based on data from MPP . Net-Zero Industry Tracker: 2024 Edition 10