NPT quoted in SAF Investor on UK Gov Revenue Certainty Mechanism

SAF Investor discusses the recently announced UK Government Revenue Certainty Mechanism (RCM) consultation. Editor, Fayaz Hussain, notes the government’s hope ‘to generate nearly £10bn ($12.9bn) from levying fuel suppliers to ensure revenue certainty for SAF producers’.

The need for a RCM is vital and investment into clean technologies to create and maintain a UK SAF industry. In support of this new industry, the RCM will reassure and entice SAF producers and investors through a guaranteed strike price model and address any market fluctuations.

Sarah Ellerby, Nova Pangaea Technologies CEO, comments in the article with:

“The revenue certainty mechanism will provide investors and producers with comfort over long-term revenue regardless of price fluctuations in a nascent but critical industry for UK decarbonisation goals. This will provide greatly needed investor confidence in SAF projects and support deployment of the capital investment necessary to reach the mandate levels in the UK SAF legislation.”