FAA Allocates $291 Million in Sustainability Grants

The FAST grant program is funded by the Inflation Reduction Act of 2022.

Fangzhong Guo

Tuesday, August 20, 2024 at 01:52 PM ET

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Edited By: tccjeremy

Alaska Airlines announces investment in JetZero. [Courtesy: Alaska Airlines]

Key Takeaways:

The FAA has allocated $291 million from its Fueling Aviation’s Sustainable Transition (FAST) grant program across 36 projects.
The grants are aimed at accelerating the production and use of sustainable aviation fuels (SAFs) and developing low-emission aviation technologies to achieve net-zero greenhouse gas emissions by 2050.
Approximately 84% ($244.5 million) of the funding is dedicated to 22 SAF-related projects, with a significant portion going to infrastructure for SAF production, transportation, blending, and storage.
The remaining $46.5 million supports 14 projects focused on low-emission technologies, including fuel efficiency improvements, alternative propulsion systems (hydrogen, electric, hybrid), and advanced aerodynamic designs.

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The FAA last week announced it will be allocating $291 million of the Fueling Aviation’s Sustainable Transition (FAST) discretionary grant program allotment across 36 projects.

FAST invests in accelerating the production and use of sustainable aviation fuels (SAFs) and developing low-emission aviation technologies to support the U.S. aviation climate goal to achieve net-zero greenhouse gas emissions by 2050.