Aviation: Fuels
The question
To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the potential merits of introducing (a) financial incentives and (b) support mechanisms to encourage investment in UK-based sustainable aviation fuel production facilities.
Answered by Sarah Jones
DBT works closely with the Department for Transport and industry to capitalise on the opportunity across the sustainable aviation fuel (SAF) market. It is estimated that by 2050, up to 15,000 jobs and £5bn GVA in the UK could be supported with future low carbon fuel production for the domestic and international markets. Government has already introduced strong incentives to support the SAF industry in the UK including: the SAF Mandate (effective 1 January 2025), the forthcoming Revenue Certainty Mechanism, and the Advanced Fuels Fund, which is extended for a further year with an additional £63m of funding.
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