ENEOS Corporation has announced the launch of its own SAF book and claim service through Avelia, Shell’s blockchain-powered SAF book-and-claim solution that provides fully traceable EA of SAF to customers.
The launch is part of its agreement with Shell Aviation, a leading global supplier of aviation fuels and lubricants, to collaborate on SAF marketing.
Through this initiative, ENEOS aims to help the aviation industry decarbonize both scopes 1 & 3 emissions and address the immediate supply chain constraints typically associated with physical SAF. Compared to conventional jet fuel, neat SAF can reduce lifecycle emissions by up to 80%.
With Avelia, the EA of SAF can be decoupled from its physical form and claimed by airlines to reduce their direct Scope 1 emissions as well as by corporates engaging in air travel and/or air freight activities to reduce their indirect scope 3 emissions.
ENEOS, aspires to support Aviation industry’s net-zero emission ambition and provide a stable energy supply for the aviation industry through SAF supply.
However, we face challenges in promoting SAF use among aviation stakeholders given its cost and supply chain constraints.
Therefore, ENEOS addresses these challenges with Avelia, where the cost and benefits of SAF can be shared amongst aviation stakeholders.
ENEOS Group is taking on the challenge of achieving both a stable supply of energy and materials and the realization of a carbon-neutral society.
As part of the vision, we are building an integrated SAF supply chain, from raw material procurement to in-house manufacturing and sales.
With this new book and claim service, ENEOS will make SAF’s EA available to airlines and corporates who wish to decarbonize their carbon emissions associated to air transportation.
We will continue our efforts to promote SAF across Japan and beyond.
