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/
Expect two tiers of grants: Smaller grant awards focused on regional supply chains that could identify infrastructure and distribution needs of key proponents (e.g., airports) and larger grant awards for infrastructure projects to facilitate and scale fuel production, transportation, blending, and storage. For more information, see here: https://www.transportation.gov/sites/dot.gov/files/2022-12/IRA-Section-40007-FAST-Program-Briefing.pdf
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