SOURCE: Google Maps
July 19, 2022
BY Erin Voegele
The U.K. government on July 19 released its Jet Zero strategy. The initiative, in part, requires at least 10 percent sustainable aviation fuel (SAF) use by 2030. It also aims to kickstart a domestic SAF industry, supported by a new £165 million ($197.91 million) Advanced Fuels Fund.
The Jet Zero strategy more broadly commits U.K. domestic aviation to achieving net zero emissions by 2040. All airports in England must also be zero-emission by 2040.
Advertisement
The strategy includes six main priority areas. In addition to the SAF goals, the strategy also aims to improve the efficiency of the existing aviation system; support the development of zero-emission aircraft; support the development of carbon markets and greenhouse gas (GHG) removal technologies drive decarbonization and offset any residual emissions; provide consumers with better information so they can make sustainable aviation choices; and increase the understanding of non-CO2 impacts of aviation, such as contrails and nitrogen oxides.
The new Jet Zero strategy builds on the U.K.’s Net Zero strategy, an economy-wide plan that aims to achieve net-zero emissions by 2050, and the U.K.’s transport decarbonization plan, which outlines commitments and actions needed to decarbonize the transport system.
The newly launched Advanced Fuels Fund supports a goal to have at least five commercial SAF plants under construction in the U.K. by 2025. The fund will provide grants funding to first-of-kind commercial and demonstration-scale projects in the U.K. at all development stages. According to the government, £22 million of the £165 in funding will be reserved to support projects that use CO2 as their main carbon source in fuel production. Applications for the first round of funding must be submitted by Sept. 14. A second round of funding is scheduled to open in June 2023.
Advertisement
HutanBio on May 8 announced that the production process for its proprietary HBx microalgal biofuel achieves net-negative carbon emissions, based on an independent cradle-to-gate life cycle assessment (LCA) conducted by EcoAct.
Reps. Zach Nunn, R-Iowa, and Nikki Budzinski, D-Ill., on May 7 introduced a bill that aims to update USDA’s Section 9003 program to expand access to grants, streamline loan guarantees and provide $100 million in mandatory funding over five years.
Novonesis on May 8 released fourth quarter financial results, reporting its Agriculture, Energy and Tech segment achieved 10% organic growth during the three-month period. Much of that increase was driven by the biofuels industry.
On May 6, the Sustainable Aviation Buyers Alliance released a request for proposal (RFP) to increase the supply of next-generation sustainable aviation fuel (SAF), including power-to-liquids and those using advanced biobased feedstocks.
Sunoco LP on May 5 announced a definitive agreement to acquire all outstanding shares of Parkland Corp. The Burnaby refinery, which recently began to produce SAF, is among the assets subject to the transaction.