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Sat, 29 Nov, 2014 12:02:59 AM FTimes Report, Nov.29  Minister of Transport and Local Government Paula Risikko. File Photo Lehtikuva. Finland is well-poised to start extensive and continuous use of bio-fuels in aviation, according to a recent study.
The key issue to be solved is profitability, since bio-fuels are at present clearly more expensive than fossil aviation fuels, said a press release of the Ministry of Transport and Communications on Friday.
The Ministry of Transport and Communications, Ministry of Employment and the Economy, Finnair, Finavia and Neste Oil commissioned the preliminary study on the subject.
No comments had yet been made on the ideas and measures proposed in the study, said the release.
The study examined different business models that could cover the additional costs of using bio-fuels in aviation.
Based on those models a concept that could be applied in Finland was developed. It could serve as a basis for discussions between the actors involved.
Minister of Transport and Local Government Paula Risikko says that the use of bio-fuels in aviation would strengthen Finland's image as an innovative forerunner in clean technology and bio-economy.
The study is based on the hypothesis that aircraft quality bio-diesel will be approved for aviation.
Preparations are currently underway for an international approval that would enable the use of renewable bio-diesel as a bio-component of aviation fuel.
No separate investments in production would be required. The aviation bio-fuel, according to the concept, would be produced at the Sköldvik refinery in Porvoo, Finland, said the release.
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