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19th Feb 2021

Velocys on Transport Energy Strategies podcast

Velocys took part in Tammy Klein’s Transport Energy Strategies podcast to discuss the future of Sustainable Aviation Fuels (SAF) and the role that Velocys is playing in leading industry efforts on both sides of the Atlantic.

Dr Neville Hargreaves, Vice President, Waste to Fuels, and Drew Miller, Project Finance Director, at Velocys talked to Tammy Klein about the company’s Bayou Fuels project in the USA and its Altalto plant in the UK.

Discussing how the SAF market will develop over the coming decade, Klein commented that policy favourability for the sector seems higher than it has ever been. Dr Hargreaves agreed, pointing to the clear direction in Europe for SAF mandates. He went on to emphasise the important role a ‘Contracts for Different’ approach could play in the UK market by stimulating investment into the sector with the potential to “advance the rollout of the SAF market by many years”.

Drew Miller spoke about regulatory developments in the US where there is increasing discussion around SAF tax credits through the low carbon fuel standard.  On the idea of a national Low Carbon Fuel Standard (LCFS), he said, “I expect we’ll see more of a patchwork on the state level LCFS, but I would not discount a national LCFS. The whispers keep growing and don’t go away”.

To listen to the podcast in full, please click here.

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