£15m provided for sustainable aviation fuel technology: The Department of Transport is providing £15 million funds by way of its ‘Green Fuels, Green Skies’ competition to businesses generating sustainable aviation fuels (SAF).
The contest was initiated on behalf of the Prime Minister’s Ten Point Plan this year in March & 8 companies have been finalised to share the financing.
These 8 firms are advancing technologies to adapt materials like household waste, alcohol, carbon & sewage into sustainable aviation fuel which in turn can lower emissions by as much as 70% when compared to standard fuel.
The fuel that is advanced will be used by UK-based airlines which include British Airways.
Transport Secretary Grant Shapps announced: “Aviation will be central to our future growth & plans to build back greener from the pandemic, which is why we have invested more than £20 million in the past year to decarbonise the sector in line with our world leading net zero targets.”
£15m provided for sustainable aviation fuel technology