Willis Sustainable Fuels UK and Green Finance Institute develop SAF project accelerator

In the UK, Willis Sustainable Fuels UK Limited and the Green Finance Institute, an independent advisor to governments and investors, have announced a Sustainable Aviation Fuel (SAF) Project Accelerator to bring WSF’s pioneering SAF project at Wilton International in Teesside to Final Investment Decision (FID) and establish a replicable blueprint for financing new homegrown transition projects.

WSF’s Teesside project is one of the UK’s most advanced second-generation SAF projects, using existing, proven technology to make SAF from waste. Targeting 14,000 tonnes of production per year, the project supports national energy security, by reducing reliance on imported fuels and anchors new green-industry jobs in the Northeast, by converting mainly UK biomethane into next-generation jet fuel. This project has been funded £7.6 million through two rounds of the UK Government’s Advanced Fuels Fund.