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Perstorp steps up investment in bioplastics market

Perstorp

November 11, 2014

BY Perstorp

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UK takes another step toward implementing SAF revenue certainty mechanism

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By Erin Krueger

October 28, 2025

UK Sustainable Aviation Fuels Policy 

The U.K. Department for Transport on Oct. 16 confirmed it will implement a revenue certainty mechanism for SAF in the form of an aviation fuel supplier levy. The agency is currently seeking public comments regarding implementation details.

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European logistics company Exolum on Oct. 15 announced its decision to invest £4.5 million in creating the U.K.’s first independent sustainable aviation fuel (SAF) blending facility at Redcliffe Bay in south-west England.

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Drax, the renewable energy business, is partnering with NGIS, a global leader in geospatial technology, to model and monitor the carbon stocks of the U.S. and Canadian forests that Drax sources its sustainable biomass from.

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LanzaJet Inc. has been awarded more than $13 million (£10 million) from the U.K. Department for Transport’s Advanced Fuels Fund to accelerate development of Project Speedbird, a major SAF biorefinery in Teesside, U.K.

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Oftem and Drax Power Ltd. on Sept. 16 announced the appointment of Forvis Mazars to conduct an independent external audit of Drax’s annual profile data and associated reporting for the compliance period spanning April 1, 2023, through March 31, 2024.

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