Latest market news

UK mulls biojet mandate by 2025

  • : Biofuels, Oil products
  • 20/11/20

The UK government will consult on a sustainable aviation fuel (SAF) mandate and will invest £20mn ($26.5mn) to develop clean maritime technology as part of efforts to decarbonise.

The government said it will take "immediate steps to drive the uptake of sustainable aviation fuels," through a £15mn ($20mn) competition to support production of the product, which is also known as biojet. It will invest in development of zero-emission aircraft and establish a biojet clearing house to enable certification of new fuels.

A SAF mandate could start in 2025, the government said.

This could provide impetus for existing moves in the country. A public-private partnership called the Jet Zero Council has been established to promote development of biojet, and industry group Sustainable Aviation has committed to achieve net-zero carbon emissions by 2050 and to boost SAF development.

In the maritime sector, the government will invest in a demonstration programme to develop clean technology. The UK already operates a hydrogen ferry trial in Orkney, Scotland, and plans a hydrogen refuelling port in Teesside.

These investments could result in savings of up to 1mn t CO2e by 2032 from the maritime industry and around 15mn t CO2e by 2050 from biojet, the government said without providing details.


Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more