The UK has approved a £219 million Low Carbon Fuels Fund to push sustainable aviation fuel production toward commercial scale. The scheme opens later this summer, with £93 million available immediately over the next two years and applications due to open in mid-July.
The fund targets projects closest to final investment decision, not early-stage R&D, and is designed to crowd in private capital for domestic SAF plants and related low-carbon fuels. Ministers are tying the package to jobs, industrial growth and the UK’s SAF mandate. It also builds on £198 million already deployed since 2022 through the Advanced Fuels Fund.
For operators and fuel buyers, the message is clear: UK supply-chain capacity is now moving from policy intent toward bankable project execution.