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UK Government invests £63 million in sustainable aviation fuel funding
GREATER LONDON, ENGLAND, JUL 22 – UK Government funding supports 17 companies to advance sustainable aviation fuel, aiming to cut emissions by 70% and create 1,400 jobs, boosting the economy by £5 billion by 2050.
- The UK government is investing £63 million in January 2025 to fund 17 British companies developing sustainable aviation fuel .
- This investment follows the UK’s SAF mandate starting January 1, 2025, requiring flights departing the UK to use at least 2% SAF to support net-zero aviation by 2050.
- The funding is intended to reduce the cost of SAF, increase its production capacity, and promote job growth, featuring key initiatives such as a Methanol-to-Jet production facility at Stanlow that will integrate SAF directly into the current jet fuel supply chain at the site.
- Aviation minister Mike Kane emphasized that the UK is supporting exceptional homegrown innovation, generating numerous skilled employment opportunities, and establishing itself as a leader in the worldwide sustainable aviation industry.
- Though the investment could add £5 billion to the economy and support 1,400 jobs, critics argue SAF supply and materials are limited, and urgent emission cuts must focus beyond sustainable fuels.
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29 Articles
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