tradingkey.logo

Moeve joins Shell's platform to scale sustainable jet fuel

ReutersOct 13, 2025 12:13 AM

LONDON, Oct 13 (Reuters) - Spanish energy company Moeve has become the first external supplier of sustainable aviation fuel to join Shell's blockchain-based platform for scaling SAF use, the oil major told Reuters after a deal was signed.

Shell's Avelia platform is a “book and claim” system that aims to connect airlines, fuel suppliers and corporate buyers. Avelia, launched in 2022 with Amex Global Business Travel and Accenture, had facilitated over 41 million gallons of SAF use across 17 airports as of mid-2025.

Moeve produces SAF from used cooking oil at its La Rábida Energy Park. It plans to expand overall capacity to 800,000 metric tons a year by 2030.

The global SAF market has struggled to scale despite pressures to decarbonize the aviation industry. The International Air Transport Association said in June it expected the amount of sustainable aviation fuel produced to double in 2025 to reach 2 million tons. However, that would only represent 0.7% of airlines' fuel consumption.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI