The UK’s Department for Transport has said it will introduce a revenue certainty mechanism to support sustainable aviation fuel (SAF) production in the UK and boost its uptake.
The measure is aimed at giving producers of SAF greater assurance about earnings from the fuel they produce.
Sustainable aviation fuel is the most advanced pathway to decarbonise aviation and while the UK’s SAF programme is already one of the most comprehensive in the world, the government has said it recognises the importance of providing long-term certainty for the industry.
The government said the latest scheme, along with the introduction of a SAF mandate in 2025, will provide fuel security, grow the economy and help to create over 10,000 jobs by 2030, rising to 60,000 by 2050.
As part of the project, Department for Transport will launch a consultation on the design and delivery of the scheme to bolster the development of sustainable aviation fuel and drive further investment.
SAF support mechanism
The revenue certainty scheme, which is intended to be funded by industry, will give the aviation sector the launchpad to confidently invest in SAF and transition away from fossil fuel reliance.
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.”
Jonathon Counsell, chair of the Jet Zero Council SAF Delivery Group, said: “SAF will play the most important role in meeting our net zero targets and especially in reducing aviation’s emissions this decade. So we welcome the commitment to a revenue certainty scheme.”Subscribe to the FINN weekly newsletter
You may also be interested in:
University of Sheffield leads the UK in hydrogen production for SAF
