2024-11-28

CEO Sarah Ellerby quoted in SAF Investor

Nova Pangaea Technologies CEO Sarah Ellerby gives her view to SAF Investor on the UK SAF Mandate coming into effect in January 2025 and the Revenue Certainty Mechanism (RCM) proposed for 2026.

The article, written by its editor Fayaz Hussain, outlines how the UK is taking decisive steps through these regulations and the positive response by industry, which recognises the importance of building a domestic SAF industry.

Sarah Ellerby was quoted as saying:
“We welcome the support of the UK government in building a robust and sustainable domestic SAF industry through legislation of the SAF mandate and continued progress of the revenue support certainty mechanism, expected in 2026.” She noted how the measures are “critical to attracting required investment into the nascent SAF industry” and will help establish the UK as a “global leader in SAF.”

NPT’s REFNOVA® technology produces 2G ethanol and the valuable co-product biochar from waste biomass. The 2G ethanol is further processed via AtJ into SAF and the biochar can deliver an immediate decarbonisation impact through sequestration and enable a negative CO2 emissions profile.

The company is focused on the delivery of its commercial First of a Kind plant, as part of Project Speedbird in partnership with British Airways and LanzaJet. Project Speedbird will produce 102 million litres of SAF per year, reducing CO2 emissions by 230,000 tonnes per annum.