You are using an unsupported browser. Please switch to a different browser to get the best experience.
Back
19th Oct 2021

UK Government reaffirms commitment to SAF

Velocys has welcomed the recognition in the Government’s newly published Net Zero Strategy that sustainable fuels are a practical way to decarbonise the aviation sector.

In the document the Prime Minister says: “Our strategy for net zero is to lead the world in ending our contribution to climate change, while turning this mission into the greatest opportunity for jobs and prosperity for our country since the industrial revolution.”  £180 million of funding has been committed to support the development of SAF plants such as Altalto in Humberside.

Velocys’ high performance catalyst and reactor technology, used with carbon capture, utilisation and storage (CCUS), can produce aviation fuel with negative-carbon emissions.  In a significant step forward, the East Coast Cluster, which includes the Altalto plant, has been selected by Government for Track 1 of the CCUS cluster sequencing process.

Velocys looks forward to building on the current engagement it has with Government to make the UK a world leader in sustainable fuels technology.

Latest News

12 February 2024

Velocys secures US$40MM of growth capital and begins new chapter as a private sustainable aviation fuel technology company

23 October 2023

Launch of 52,500 sq ft state-of-the-art technology facility

21 September 2023

Interim results for the six months ended 30 June 2023