Representative End User Clients
Representative Automation Clients
Representative Software Clients
Yokogawa Electric Corporation announced it has become the first industrial automation customer headquartered in Asia to join Avelia's blockchain book-and-claim platform for sustainable aviation fuel (SAF).
Launched in June 2022, Avelia was developed by Shell and Accenture, with support from the Energy Web Foundation together with American Express Global Business Travel (Amex GBT). Avelia aims to aggregate global business demand for SAF, to help increase SAF supply and support the aviation industry's progress towards net-zero emissions.
It is said that SAF, when used neat, can reduce lifecycle carbon emissions by up to 80% when compared to traditional fossil-based fuels. It is currently considered as the aviation industry's most promising pathway to decarbonizing air travel.
Avelia uses blockchain to provide clear and transparent tracking of the environmental attributes of SAF delivered into the aviation fueling network. Environmental attributes can then be allocated to both airlines and business customers, while avoiding issues such as double counting.