SAF revenue certainty mechanism: indicative heads of terms and contract allocation
Consultation description
To implement a sustainable aviation fuel (SAF) revenue certainty mechanism, the government must first design and allocate private law contracts to prospective projects. Â
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:Â
- provisions relating to pre-operational timings, requirements and protectionsÂ
- eligible volumes and sustainability criteria Â
- how to set a reference price and encourage price discoveryÂ
- setting a strike priceÂ
- billing and payment
- our proposed approach to contract allocation