Published by Global Banking & Finance Review®
Posted on October 13, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleMoeve joins Shell's blockchain platform as the first external SAF supplier, aiming to scale production to 800,000 tons by 2030.
By Stephanie Kelly
LONDON (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.
(Reporting by Stephanie Kelly; Editing by Kirsten Donovan)
Sustainable aviation fuel (SAF) is a type of fuel made from renewable resources, designed to reduce carbon emissions in the aviation industry.
The Avelia platform is a blockchain-based system developed by Shell to facilitate the use of sustainable aviation fuel among airlines and suppliers.
The global SAF market faces challenges such as scaling production, high costs, and limited availability of sustainable feedstocks.
Moeve is the first external supplier to join Shell's SAF platform, producing sustainable aviation fuel from used cooking oil.
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