In the UK, The Financial Times reported that Luis Gallego, head of IAG stated that the recent mandate on SAF use imposed by the UK Government is a positive step but still not enough to boost SAF production. “Earlier this month, the UK confirmed a 10%SAF mandate. This is a welcome step, supporting industry-wide efforts to decarbonize while positioning the UK as a potential leader. But mandates alone are not enough. The UK now needs to build on this by quickly deploying incentives to encourage production. The government recently launched a consultation on the options for a mechanism to give producers revenue certainty. Through our participation in the Jet Zero Council, IAG will seek to recommend a way forward, but a decision is needed quickly,” said Gallego. “This combined with the recent SAF mandate would provide a strong signal of support to the market. Airlines are willing to pay for SAF, we just need the supply. So the remaining question is, will that supply continue to come mostly from the US? We would like to use our resources to help scale a UK and European SAF industry, and I believe it can be done,” he added.
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