Shaping the Future of Sustainable Aviation - A Reuters interview with Topsoe CCO, Elena Scaltritti
Watch our Chief Commercial Officer, Elena Scaltritti, in conversation with Nazanine Moshiri at Reuters@Davos 2025. In theΒ ...
President and CEO, Topsoe As
Search every verified Elena Scaltritti interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Elena Scaltritti, Chief Commercial Officer of Topsoe, discussed the state of sustainable aviation fuel (SAF) and hydrogen projects in interviews in September 2024 and January 2025. At World Hydrogen Week 2024, she said the industry has moved through different phases and is now facing the "hard yards" of project execution. She identified three reasons for a slowdown in final investment decisions: regulatory uncertainty, concerns about return on investment, and perceived or existing technological challenges. Scaltritti stated that Topsoe believes "there's no blue versus against the green actually they go hand in hand." She noted that the company has a 500-megawatt-per-year SOEC plant coming on stream in Herning, Denmark at the end of 2024, and mentioned a future plant in Virginia that has not yet reached FID. In a January 2025 interview at Reuters@Davos, Scaltritti described SAF as a "drop-in fuel" that can replace fossil-based jet fuel due to its similar physical and chemical properties. She argued that the cost impact on consumers would be modest, calculating that replacing 6% of fuel with renewable fuel would result in a 1.5% additional cost for carriers, or approximately β¬6 on a β¬200 ticket. Scaltritti said the SAF market is forecast to grow from $230 million to over $400 billion by 2050 under existing mandates. She stated that scaling technologies to produce green hydrogen and capture carbon dioxide from air are "fundamental enablers" for e-SAF, and that Topsoe is working on technologies to use municipal solid waste and forestry residues as feedstocks. She concluded that "the technology is there" but that action and speed are needed on financing and demand.
“if you do a quick calculation and you consider that today roughly 28 29% of a cost of a ticket is related to the fuel... you assume that you take 6% of that and you replace it with renewable fuel. Actually you end up in 6% in a 1.5% additional cost for the carrier. Now on a 200 euro ticket it's a β¬6 charge. That's all.”
“it's a market just to put some numbers again that is foreseen to grow from the current $230 million to potentially over 400 billion by 2050 according to existing mandates.”
“we see a slowdown on FID and I guess that's linked to different reasons and we can probably cluster them in three reasons one it's really related to regulatory uncertainty one is related to the return on the investment and one is existing or perceived technological challenges.”
“we actually believe that there's no blue versus against the green actually they go hand in hand.”
Watch our Chief Commercial Officer, Elena Scaltritti, in conversation with Nazanine Moshiri at Reuters@Davos 2025. In theΒ ...
Nadim Chaudhry, Founder & Adviser at World Hydrogen Leaders had the pleasure of speaking with Elena Scaltritti, ChiefΒ ...
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