Argus launches world’s first assessed price for UK SAF certificates

In the UK, Argus has launched the world’s first assessed price for UK sustainable aviation fuel (SAF) certificates, expanding its coverage of the northwest European SAF market. The new prices will help market participants optimise their compliance with the UK SAF mandate by enabling them to compare the cost of purchasing SAF certificates, blending physical bio-SAF — produced from hydrotreated esters and fatty acids (HEFA) feedstock, and paying ‘buy-out’ costs in case of non-compliance. The new assessment will track the price of certificates acceptable for meeting the UK SAF Mandate and based on manufacture using a relevant HEFA feedstock.