The UK government has announced a new Low Carbon Fuels Fund (LCFF) to scale up domestic production of sustainable aviation fuel (SAF).
Due to launch later this summer, the £219m funding programme aims to position the UK as global SAF production hub. According to the government, the sector will support more than 15,000 jobs and add up to £5bn to the UK economy by 2050.
Commenting on the announcement, aviation, maritime and decarbonisation minister Keir Mather said that the investment will help to ensure that the “UK leads the world in the fuels that will power the future of flight”.
Of the fund, £93m will be made available in the next month to UK companies that are looking to develop and scale up SAF production. Applications will open in mid-July and those closest to the actual production stage are particularly encouraged to bid for a share of the funding.
SAF is typically derived from waste and renewable feedstocks, such as used cooking oil, animal fats and agricultural waste.
Aviation...