July 17, 2024

Project Speedbird nets new SAF funding

Project Speedbird has secured £9 million in funding from the Government’s Advanced Fuels Fund (AFF) competition. 

Project Speedbird will produce SAF at full capacity by 2028, supporting progress towards the UK’s SAF mandate which will require at least 10% of jet fuel used by airlines to be made from sustainable feedstocks by 2030.

The project is a partnership between Nova Pangaea Technologies (NPT), LanzaJet and British Airways.

NPT was awarded £7.5 million as part of the partnership and LanzaJet will receive £1.5 million.

It is hoped that the funding will help establish the UK as a world-leader in SAF production and the decarbonisation of aviation.

It follows the multi-million-pound investments from International Airlines Group (IAG) and British Airways earlier this year into NPT and Project Speedbird, respectively. 

Project Speedbird will produce 102 million litres of SAF per year, which will reduce CO2 emissions, on a net life cycle basis, by 230,000 tonnes per year, the equivalent of approximately 26,000 British Airways domestic flights.

Carrie Harris, Director of Sustainability at British Airways, said: “Sustainable aviation fuel will play a critical role in meeting our net zero targets and is currently the only realistic low carbon solution for long-haul flights, so it is vital that we continue to invest and develop SAF technology in order to create enough supply. 

“We welcome the government’s investment and continued support in Project Speedbird which represents landmark new technology for UK SAF supply. The UK has the potential to become a leader in the production of SAF, and this pioneering project is one step closer to this becoming a reality and a big moment for British Airways and UK SAF production more generally.”