General Index Helps set Vision for UK SAF Market Infrastructure

General Index is pleased to have contributed to the UK Government’s Sustainable Aviation Fuel Revenue Certainty Mechanism consultation, submitting formal feedback on the critical question of how the reference price should be defined for the first RCM contracts.  

The formal consultation response, submitted to the Department for Transport, outlines our recommendations on HEFA SAF pricing as the most appropriate baseline for initial contracts, the design of effective price discovery mechanisms, and a structured pathway for transitioning to market-based reference prices as the UK SAF market matures.

The SAF Revenue Certainty Mechanism consultation represents a pivotal step in establishing the UK's SAF market infrastructure, for which we have provided detailed recommendations on HEFA SAF pricing, the transition to market-based reference prices, and the role of independently regulated benchmark administrators in supporting price discovery.

Read the full GX response to the consultation here.