Commercial, Energy Efficiency, GHG Emissions - June 21, 2022
Shell, Accenture, Amex Launch SAF Software
Shell, Accenture and American Express Global Business Travel (Amex GBT) announce the launch of Avelia, a blockchain-powered digital sustainable aviation fuel (SAF) book-and-claim solutions for business travel.
This SAF book-and-claim pilot launch offers around 1 million gallons of SAF – enough to power almost 15,000 individual business traveler flights from London to New York.
The pilot phase of the program aims to demonstrate the credibility of the book-and-claim model, using blockchain technology to ensure secured allocation of SAF’s environmental attributes to companies and airlines after the fuel has been delivered into the fuel network.
Airlines and business customers could simultaneously reduce emissions in their respective scopes, while ensuring transparency and accountability by avoiding issues such as double-counting.
The software was developed by Shell and Accenture with the support of the Energy Web Foundation (EWF) and includes Amex GBT’s travel management services to aggregate global business demand for SAF, which will increase SAF supply and use and help accelerate the aviation industry’s pathway towards net-zero emissions.
“SAF is a key enabler of decarbonisation in the aviation industry, and it’s available today,” said Jan Toschka, President, Shell Aviation said in a statement. “However, it’s currently scarce and costs more than conventional jet fuel. Avelia will help trigger demand for SAF at scale, providing confidence to suppliers like us to further increase investment in production, and in turn helping to lower the price point for these fuels.”
The first customers are Shell, Accenture and Amex GBT. Shell committed to purchasing the environmental attributes equivalent to 100,000 gallons of SAF over the pilot phase of the Avelia program. Shell will increase this commitment as soon as more SAF is available, to achieve its ambition to abate 45% of Shell’s corporate travel emissions through SAF by 2030.
Read These Related Articles:
- Weekend reads: Tesla's solar woes; 76-straight days of renewables; 'rolling coal' & more
- Preparing for the Energy Transition: Immediate Steps for C&I Facilities
- Bayer, GenZero Shell Parter on Emissions Project for Rice Cultivation
- JetBlue Will Use SAF in Los Angeles
- Shell, Lufthansa Group Sign Agreement for SAF
Stay Up-To-Date