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Renewable fuel firm gets aviation funding boost

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Renewable fuel firm Velocys has secured Government funding for a project to create jet fuel from waste.

The company, which has offices in Texas, Ohio and Oxfordshire, was given a grant of £434,000 by the Department for Transport to help the UK initiative.

Along with funding from project partners Shell and British Airways, and money committed itself, Velocys has almost £5m for the next phase of the scheme. This will see an engineering study and site permitting activities take place as the team aims to create airplane fuel from rubbish otherwise destined for landfill or incineration.

The output fuel is expected to reduce greenhouse gases by 70% and particulate matter emissions by 90% compared with conventional jet fuel, according to Velocys.

Advanced Plasma Power has been selected as preferred gasification technology licensor for the project.

A final investment decision is anticipated in the first half of 2020.

Velocys chief executive David Pummell said: “Today the UK has taken another step towards becoming a world leader in low-carbon aviation.

“Government funding, recent policy changes and successful completion of the feasibility study have enabled Velocys and its partners to move forward to the next phase in developing the UK’s first waste-to-renewable-jet-fuel plant. With Shell and British Airways we have a terrific set of partners to complete the project.”

Transport secretary Chris Grayling said the Government cash was part of £22m of funding for alternative fuels.

“Supporting important developments like this is just part of our work to help ensure our aviation sector is greener than ever,” he said. “We will explore further measures as part of our Aviation Strategy.”

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