Fueling Aviation’s Sustainable Transition (FAST)
Federal Aviation Administration (FAA)
To provide competitive grants for eligible entities to carry out projects that produce, transport, blend, or store sustainable aviation fuel (FAST-SAF), or develop, demonstrate, or apply low-emission aviation technologies (FAST-Tech).
Applicant and/or Project Eligibility Requirements
Eligible recipients include state or local governments, air carriers, airport sponsors, institutions of higher education or research, entities involved with sustainable aviation fuels or low-emission aviation technologies, and non-profits with experience in sustainable aviation fuels or low-emission aviation technologies.
SAF achieves at least a 50% lifecycle greenhouse gas remissions reduction in comparison with petroleum-based jet fuel. This program could help accelerate decarbonization efforts at municipally-operated airports and encourage transitions to more sustainable fuels and aircraft electrification technologies.
See the "Equity Design Considerations for Federal Funding" for general considerations and additional sector-based resources: https://cityrenewables.org/resources/equity-design-considerations-for-federal-funding/
Funding considerations include: the proposal's ability to increase domestic production of sustainable aviation fuels or low-emission aviation technologies; the proposal's ability to decrease overall GHG emissions in the aviation sector; capacity to create new jobs and supply chain partnerships; the potential GHG emissions from sustainable aviation fuels projects; and the potential benefit of ensuring diverse feedstock supply for sustainable aviation fuels.
Funding breakdown includes: 1. $244,530,000 for projects relating to the production, transportation, blending, or storage of sustainable aviation fuel 2. $46,530,000 for projects relating to low-emission aviation technologies 3. $5,940,000 to fund the award of grants under this section, and oversight of the program