SAF revenue certainty mechanism: indicative heads of terms and contract allocation
Seeks feedback on plans for a SAF revenue certainty mechanism by explaining the expected contractual provisions and options for allocating contracts.
Detail
To implement a sustainable aviation fuel (SAF) revenue certainty mechanism, the government must first design and allocate private law contracts to prospective projects.
This consultation explains why the proposed policies are included in the indicative heads of terms. It also outlines the options for how contracts could be allocated.
We seek views on a wide range of issues, including:
- provisions relating to pre-operational timings, requirements and protections
- eligible volumes and sustainability criteria
- how to set a reference price and encourage price discovery
- setting a strike price
- billing and payment
- our proposed approach to contract allocation
Documents