Velocys welcomes the newly published Ten Point Plan for a Green Industrial Revolution, which has confirmed UK Government support for Sustainable Aviation Fuels (SAF) as it seeks to “put the UK at the forefront of aviation technology to push forward low carbon travel.”
In its call to action, the Government has said this can be achieved “by taking immediate steps to drive the uptake of sustainable aviation fuels”, and the country should use its COP presidency as an opportunity to take a global lead in the development of a domestic SAF industry. SAF, says the publication, “is one of the key steps to success that we can unlock” in the decarbonisation of the sector.
Policy commitments contained within the document include a £15 million competition to support the production of SAF in the UK, building on the success of the Future, Fuels for Freight and Flight Competition, of which Velocys has been a beneficiary. Moreover, the Government announced its intention to consult on a SAF mandate to create a market-led demand for these innovative fuels. The increased commitment to carbon capture and storage is also important, since Velocys can use that in combination with the production of SAF to drive down emissions further.
Commenting on the Ten Point Plan, Henrik Wareborn, CEO of Velocys, said:
“We welcome the Government’s recognition of the essential role sustainable aviation fuels will play in decarbonising aviation, including the Prime Minister’s mention of synthetic fuels as part of his vision for a cleaner Britain.
“Altalto, our planned waste-to-jet-fuel facility in North East Lincolnshire, could be fuelling transatlantic flights in just five years’ time with no need to modify aircraft or engines at all – but we need the right Government support to make this happen, and as such the policy development announced in the Plan is an important step forward.
“Our technology, already demonstrated at commercial scale, forms part of an integrated solution which can cut lifecycle carbon emissions of aviation fuel by 70%. By incorporating Carbon Capture and Storage (CCS) technology, we can even enable the production of negative-carbon-emissions fuels, making the Government’s vision for a net zero flight across the Atlantic a reality this decade.”
18 May 2023
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