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Foreword
A new analysis by
Innovate UK Business Connect has revealed that private investment and national
commitments are driving global growth for sustainable aviation fuel (SAF). The
UK has secured £180 million in private investment, drawing finance from the US,
Saudi Arabia, and Canada. The domestic SAF industry has seen growth in private
investments largely due to government policies, such as the introduction of the
SAF mandate and the implementation of a Revenue Certainty Mechanism in 2026. The
mandate, which was announced in May last year, instructs that SAF must
make up at least 2% of all jet fuel in flights taking off from the UK from 2025 or otherwise suppliers pay a fee
i.e. buy-out. The share will grow year-on-year to 10% by 2030 and 22% by 2040. The
analysis concludes that the growing development of national policies is indeed
stimulating a positive investment ecosystem and in turn strengthens the
international effort to grow the SAF industry.
A similar SAF
mandate is rolling out this month in the EU, i.e. ReFuelEU, which requires that
at least 2% of the fuel provided at Union airports annually from 2025 onwards
will need to be SAF. The regulation sees the blend share increase to 6% within
the next 5 years, 34% in 2040 and finally reaching 70% in 2050.
Both, EU and UK, SAF
mandates took effect this January and below are some of the latest developments
in production facilities and supply agreements across Europe...
Other news this month includes:
Policy
- Greener flights ahead for
UK aviation
- EU introduces Flight
Emissions Label for more informed and sustainable travelling
- More...
Markets
- UKIFDA
databank: industry data update January 2025
- Octopus
Energy accelerates take-off of clean air travel with new investment
- More...
Research and Development
- From chip shop to pit stop
– scientists make cooking oil biofuel as efficient as diesel
- Funding selections:
inflation reduction act funding for advanced biofuels to support development of
advanced biofuels
- Bioethanol from potatoes:
India’s innovative approach to renewable energy and waste reduction
Bioethanol
- Growth energy welcomes executive order urging EPA action
on E15
- Ethanol sales surge despite
drop in sugarcane processing, reports UNICA
- Council encourages bioethanol
as pathway to meet climate commitments during COP29
Biodiesel
- Pioneering haulage firm
commits to HVO
- Grob Group switches delivery
fleet to HVO
- Neste
MY Renewable Diesel introduced to the Italian market in collaboration with fuel
distributor Firmin
Aviation and Shipping Biofuels
- Transforming aviation with advanced SAF technology in Teesside
- EasyJet reaches an
agreement with Moeve for the supply of sustainable aviation fuel (SAF) for the
next six years
- More...
Other Biofuels
- DCC Energy sign Memorandum of
Understanding with SHV Energy
Events