XCF Global welcomes growing momentum for SAF adoption in US

XCF Global Inc. commented Nov. 20 on the expanding policy momentum supporting sustainable aviation fuel (SAF) adoption across the U.S.

Momentum is building fast.

Under the U.S. SAF Grand Challenge, federal targets call for 3 billion gallons of annual production by 2030—scaling to 35 billion gallons by 2050 to meet 100 percent of domestic demand.

Today, production remains below 1 percent of U.S. jet-fuel use, underscoring both the urgency and the scale of the opportunity.

The U.S. SAF market is expected to grow more than seven-fold—from approximately $860 million in 2024 to nearly $7 billion by 2030—representing a compound annual growth rate (CAGR) of 47 percent.

Globally, the SAF market is projected to exceed $25 billion, with worldwide demand surpassing 5.5 billion gallons over the same period.

At the state level, momentum is accelerating in parallel. 

California, Oregon, Washington and New Mexico have adopted low-carbon fuel standards that include SAF, and five additional states are advancing similar frameworks. 

Collectively, these states represent nearly 40 percent of total U.S. jet-fuel consumption, creating a rapidly expanding incentive landscape for SAF deployment.

“Policy momentum is transforming aspiration into execution,” said Chris Cooper, CEO of XCF Global. “The U.S. is making it clear that sustainable aviation fuel is essential to the future of aviation. With supportive federal and state frameworks, airlines and energy companies can move beyond pilot programs and commit to long-term, scalable decarbonization strategies. At XCF, we’re building one of America’s leading SAF platforms—designed to scale production, strengthen domestic supply chains and meet the growing demand for homegrown, low-carbon fuels.”

From inception, approximately $350 million has been invested in XCF’s flagship New Rise Reno facility.

The company is advancing a project pipeline of three additional sites.

The second facility, New Rise Reno 2, located adjacent to the existing site, will share utilities and logistics infrastructure to maximize efficiencies.

XCF expects construction to begin in 2026 and operations from 2028, following an additional $300 million investment that is expected to double production capacity to 80 million gallons per year.

As global demand accelerates, the U.S. has an opportunity to not only meet its own decarbonization goals but also to become a leading exporter of low-carbon fuels.

“America’s aviation industry has always thrived on innovation,” Cooper said. “With clear policy alignment and accelerating demand, the U.S. has a generational opportunity to lead the world in sustainable aviation. XCF is committed to turning that opportunity into action—transforming today’s policy commitments into tomorrow’s progress.”