Jet Zero Australia welcomes funding to boost SAF development

Jet Zero Australia (Jet Zero) has welcomed the Government’s announcement of the $1.1 billion (€0.63 billion) Cleaner Fuels Programme for the development of the domestic low carbon liquid fuels sector.
Jet Zero is one of the leading sustainable aviation fuel (SAF) developers in Australia across three projects in Queensland: Project Ulysses in Townsville (Alcohol-to-Jet SAF), Project Mandala also in North Queensland (HEFA SAF), and Project Silvo Plus, which is trialling the cultivation of both pongamia and agave as novel sustainable feedstocks.
Jet Zero CEO Ed Mason welcomed the Government’s new investment as a step-change for SAF in Australia.
“As a company focused on bringing the regions to the runway with SAF, we are extremely excited about this new funding support and what it means for our most advanced project, Project Ulysses,” Mr Mason said.
The government’s announcement builds on earlier funding commitments, including a total of $280 million (€157 million)  for the Australian Renewable Energy Agency (ARENA) to invest in the low carbon liquid fuels industry and the Queensland Government’s recently announced $181 million (€101 million) Sovereign Industry Development Fund (SIDF).
Located in Townsville, the designated army capital for Australia and central to the North Queensland agricultural region, Project Ulysses is completing $75 million (€42 million)   of engineering activities and early civil works and aims to commence construction in 2026.
Targeting production of 113 ML pa of SAF and renewable diesel by 2028, this several hundred million dollar project is one of the largest proposed investments for Townsville in over 25 years. Jet Zero aims to play an important role in providing clean fuels for flight, fuel sovereignty for our defence force and new demand for agriculture.