UK shortlists 8 companies for SAF project funding
Net zero aviation becomes one step closer July 23 as eight companies have been shortlisted to receive a share of £15 million (USD$20.6 million) to develop first-of-a-kind production plants across the U.K. that will turn waste into jet fuel.
Announced as part of the Prime Minister’s 10 point plan, the Green Fuels, Green Skies (GFGS) competition will support these eight companies as they pioneer new technologies, converting materials such as household waste, alcohol, carbon from the atmosphere and sewage into jet fuel at commercial scales, offering emissions savings of more than 70 percent compared to the use of conventional fossil jet fuel.
The competition will help position the U.K. at the forefront of the emerging global sustainable aviation fuel (SAF) industry by producing millions of liters of SAF per year, putting flying onto a more sustainable path.
Shortlisted proposals include plants aiming to produce SAF from:
carbon dioxide captured from the atmosphere with hydrogen from water
alcohol derived from wastes, including flue gases from industry
everyday household and commercial black-bag rubbish
Aviation is responsible for 2.5 percent of global carbon dioxide (CO2) emissions and this announcement comes as the government sets out its long-term ambition to lead the world in SAF uptake, with proposals for up to 10 percent SAF by 2030 and up to 75 percent SAF by 2050—generating potential savings of up to 23 megatons of CO2 per year in 2050, equivalent to half a million return flights to Tenerife.
“Aviation will be central to our future growth and plans to build back greener from the pandemic, which is why we have invested over £20 million in the past year to decarbonize the sector in line with our world-leading net zero targets,” said Grant Shapps, U.K. transport secretary. “With 100 days to go until COP26, we’re ramping up our efforts even further to help companies break ground on trailblazing waste to jet fuel plants and put the U.K. at the forefront of international SAF production.”
SAF production in the U.K. could generate between £0.7 billion and £1.66 billion (USD$963 million and $2.3 billion) annually and create 11,000 green jobs by 2040—with this funding alone kickstarting the creation of more than 1,000 local jobs in plants built in Cheshire, Lincolnshire, Tees Valley and South Wales, among other locations.
Launched July 23, the SAF mandate consultation sets out options for SAF adoption in the U.K. and signals to investors the vital role it will play in the U.K. aviation sector as the nation builds back greener from the pandemic.
This consultation follows the ambitious jet zero consultation announced last week alongside the Transport decarbonization plan. The jet zero consultation commits the aviation sector to a net-zero emissions target by 2050 and a domestic target of net-zero emissions by 2040, consolidating the U.K.‘s position as leaders in reducing aviation emissions.
The government will aim to showcase the outcomes of both of these consultations and the work of the Jet Zero Council over the past year at COP26 in Glasgow in 100 days, consolidating the U.K. as leaders in decarbonizing aviation.