London: Moeve, a Spanish energy company has become the first external supplier of sustainable aviation fuel (SAF) to join Shell’s blockchain-based platform aimed at expanding SAF use, the oil giant told Reuters after the signing of a deal, reports Reuters.
Shell’s Avelia platform, launched in 2022 in collaboration with Amex Global Business Travel and Accenture, operates as a “book and claim” system connecting airlines, fuel suppliers, and corporate buyers. By mid-2025, Avelia had supported the use of over 41 million gallons of SAF across 17 airports.
Moeve produces SAF from used cooking oil at its La Rábida Energy Park and plans to increase its total production capacity to 800,000 metric tons per year by 2030.
Despite growing pressure to decarbonize aviation, the global SAF market has struggled to scale. The International Air Transport Association (IATA) said in June that SAF production is expected to double in 2025, reaching 2 million tons. However, this would still account for only 0.7% of total airline fuel consumption.
