The UK government’s Department for Transport (DfT) has introduced a revenue certainty scheme to support the production of sustainable aviation fuel (SAF).
This programme aims to provide suppliers with greater assurance about earnings from the SAF they produce.
SAF is currently the most developed pathway for decarbonising the aviation industry, and the government is consequently working to support its uptake.
This scheme will complement the government’s 2025 SAF mandate while promoting fuel security and economic growth.
It will also positively contribute towards the government’s commitment to having at least 5 commercial SAF plants under construction in the UK by 2025.
Aviation and Maritime Minister Baroness Vere said:Not only will sustainable aviation fuel bring countless economic opportunities, including creating thousands of green jobs, this certainty will allow the industry to harness its full potential, bringing us closer to net zero flying.
This commitment is an important step to create cleaner and greener aviation in the UK and will cement our position as a global leader in innovation, creating a new talented workforce that champions decarbonisation and pave the way for future air travel.
The DfT will now launch a consultation on the design and delivery of its revenue certainty scheme, which is intended to be funded by industry.
Chair of the Jet Zero Council SAF Delivery Group, Jonathon Counsell, said:SAF will play the most important role in meeting our net zero targets and especially in reducing aviation emissions this decade. So we welcome the commitment to a revenue certainty scheme.
Industry is ready to take part in the consultation process to determine the right mechanism to secure the investment needed to create a UK SAF industry. The Jet Zero SAF Delivery Group will work with the government to move forward quickly with the consultation.
