Nova Pangaea backs UK SAF mandate plans

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Nova Pangaea Technologies (NPT) welcomes UK Government’s announcement today of its SAF mandate plans.
The mandate becoming law is key to driving investment into a domestic SAF industry placing the UK at the forefront of aviation decarbonisation with the opportunity to deliver £1.8 billion (€2.1 billion) into the UK economy and create 10,000 skilled jobs.
Cleantech companies, such as NPT, are playing a critical role in innovative approaches and delivery to meet SAF mandates and hold a common purpose interlinked with government, airlines, industry, investors, and the passenger to ensure domestic SAF success.
NPT continues to focus on its operations for commercialisation and be a key contributor, through its REFNOVA process, of 2G bioethanol enabling SAF production.
Project Speedbird, in partnership with British Airways and LanzaJet demonstrates NPT's capability and as recognised by the Department for Transport (DfT) through the Advanced Fuels Fund grant. This reaffirms the company’s position as a key contributor to UK Government achieving its SAF mandate of greenhouse gas savings relative to jet fuel.
A revenue certainty mechanism (RCM) is needed as it will entice investment into SAF technology providers and production plants in the UK, and we encourage the ongoing government engagement on the RCM consultation to bring forward pricing certainty.
Sarah Ellerby, Chief Executive of Nova Pangaea Technologies, said: "I am pleased by today’s UK Government announcement on its SAF mandate plans. A UK domestic SAF market needs government support and legislation, as well as a revenue certainty mechanism to attract investment into technology and SAF plants. The UK focus should be on ‘home-grown’ SAF production and supply over imports, as the mandate of 10% for 2030 approaches. Airline SAF demand continues to stay ahead of supply and the aviation sector has to fulfil government SAF mandates and their own emission reduction goals to reach net zero.”

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