Yesterday Shell announced it has partnered with Accenture and American Express Global Business Travel (AMEX GBT) in a pilot blockchain initiative Avelia to promote the use of sustainable aviation fuel. The solution uses the Energy Web technology stack.
Sustainable aviation fuel (SAF) is made from renewable sources such as plant or animal material, used cooking oil and waste. It can potentially be up to 80% less polluting than conventional air fuels in terms of C02 emissions. SAF isn’t that different from conventional fuels, so it can be mixed with them and there’s no need to modify engines.
Historically SAF has been much more expensive than aviation fuels, often twice the price or more, although the cost differential is less at the moment because of the Ukraine war.
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