A further 拢180 million has been committed to build a 海角视频 sustainable aviation fuels industry, as Phillips 66 Humber Refinery鈥檚 pioneering role was praised by government.
Funding, to be drawn down in the next three years, will support the commercialisation of production plants and fuel testing. It will be in addition to 拢400 million already committed to support the next generation of green technologies, with five new plants the plan.
The South Killingholme refinery鈥檚 supply to British Airways, which began earlier this year following a 拢20 million investment, is a flagship project in the released on Tuesday. It could more than double that production in the timeframe.
Read more: High praise for Phillips 66's green agenda from Director General of British Chambers of Commerce
Altalto Immingham will also look to capitalise, with the Velocys venture backed by British Airways already consented across the port from the US-giant鈥檚 operations. Phillips 66 plans to more than double that production in the timeframe.
Stating aviation鈥檚 success must no longer damage the planet, Transport Secretary Grant Shapps said: 鈥淭he sector will have to undergo significant changes in the coming decades but with that comes opportunities to create new jobs, develop new industries with innovative new technologies, and improve our energy security as a nation, therefore maximising these opportunities will also be an integral part of our approach.
鈥淲e have already seen real progress, with Phillips 66 producing and providing the first commercially produced sustainable aviation fuel in the 海角视频. We have committed 拢180 million of funding to support the development of a 海角视频 SAF industry, and our aim is to unlock further private financing to develop our very own SAF plants with a commitment to have at least five plants under construction by 2025. Finally, we want to demonstrate transatlantic flight powered solely by SAF, and we have launched a competition to help the aviation industry achieve that target.鈥
Officials in Westminster estimate more than 5,000 jobs could be created, with Altalto Immingham, a joint venture between Velocys and British Airways, also consented for land on the South Humber Bank.
A 10 per cent fuel mix for 海角视频 aviation is targeted by 2030, with a mandate in 2025.
The government has acknowledged that development and production has been limited due to high capital costs, as well as reliance on technology yet to be proven at scale.
In a case study included in the 83-page document, Phillips 66 is highlighted as having leveraged capabilities on the existing refinery to handle waste cooking oil and other waste oils to produce 20,000 tonnes a year.
Plans to increase to more than 53,000 tonnes are in place for 2025. In an initial statement on the release, a spokesperson for Phillips 66 said: "We are proud to support this ambition through our production of SAF from waste feedstock."
Outlining delivery, a second application window will open for the government鈥檚 拢165 million industry competition to accelerate the development of advanced fuel production plants, in autumn 2023, concluding by 2025, when at least five commercial-scale 海角视频 SAF plants should be under construction.
A spokesperson for Velocys, which has the Stallingborough plant technically ready to enter the final stage of development, said: "Velocys is pleased to see the 海角视频 Government setting out its Jet Zero Strategy, which outlines an ambition for a minimum of five commercial-scale 海角视频 SAF plants to be under construction in the 海角视频 by 2025. Also included is a mandate for at least 10 per cent SAF to be blended into conventional aviation fuel by 2030, reducing greenhouse gas emissions.
"As noted in the strategy, the Government has pledged to further work with industry to create the long-term conditions for investable projects in the 海角视频. In order to develop a 海角视频 SAF industry and to meet the Government鈥檚 targets, Velocys believes additional investment support is vital to rapidly develop the 海角视频 SAF industry.
"As a member of the Jet Zero Council, Velocys looks forward to working closely with the 海角视频 Government on its mission to deliver net zero aviation by 2050."
Mr Shapps, publishing the strategy alongside Aviation Minister Rober Courts and Minister for Transport decarbonisation, added: 鈥淲e are encouraged by the recent progress made by industry, such as Phillips 66 Limited Humber Refinery becoming the first in the 海角视频 to produce SAF at a commercial scale.鈥
Responding to the Government鈥檚 Jet Zero Strategy, John Foster, CBI Policy Unit Director, said: "The Government has provided clear signs to business that the 海角视频 is committed to scaling up net zero aerospace and aviation technologies. Industry will be buoyed by the strategy鈥檚 ambition but need today鈥檚 signals to now be matched with speed.
"Regular delivery plan reviews alongside a newly installed charter will give companies the confidence and focus they need to forge forward with the swift development of new, cutting-edge decarbonisation technologies.
"Government must now bring forward a price mechanism for sustainable aviation fuel. By becoming market makers, the 海角视频 could unleash investment in first-of-a-kind projects, stimulate economic growth and deliver on the 10 per cent SAF mandate by 2030.
鈥淛et Zero鈥檚 success lies in government working closely with business. By creating the conditions for companies to invest, our country can create a world-leading sector that shifts the dial on global aviation emissions.鈥
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