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Jet Zero Council chief executive Emma Gilthorpe told the Airlines 2022 conference: ‘[The sector] needs a bridge between the price of jet fuel and SAF to get investment moving’


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Aviation sector debates SAF development funding


Government urged to underpin investment to meet 2030 target. By Ian Taylor


The UK is in danger of falling behind in the race to produce sustainable aviation fuel (SAF) at the volumes required to meet a government target of 10% SAF use by 2030. That is according to Heathrow chief


operating officer Emma Gilthorpe, chief executive of the Jet Zero Council set up by the government. Gilthorpe told the Airlines 2022


conference in London: “We have the mandate to have 10% SAF by 2030.


88 24 NOVEMBER 2022


[But] SAF is three to four times more expensive than jet fuel. We need a bridge between the price of jet fuel and SAF to get investment moving.” She explained: “The industry


would favour ‘contracts for difference’ – where the government guarantees a price. If the market price is above, the government gets money back. If it’s below, the government bridges the gap. “The question is where does the money come from? One route would


be to use emissions trading scheme (ETS) revenue, but we fear the Treasury has designs on that.” Gilthorpe noted the EU “agreed


to invest 50% of ETS revenue” and the US government plans to provide $400 billion in incentives to produce SAF, arguing: “The US wants to corner this market. We need to make progress.” British Airways director of


Continued on page 86 travelweekly.co.uk


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PICTURE: Shutterstock/photocritical


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