Shell to boost US green aviation fuel output: executive

Shell PLC is looking to scale up sustainable aviation fuel (SAF) production in the United States, a country it sees as attractive for development of such low-emission forms of energy, Shell USA president Gretchen Watkins said on Tuesday. US federal and state legislators have designed an array of tax credits to encourage SAF production. Cutting emissions from aviation is more difficult than in other transportation sectors that have more alternatives to fossil fuels. Watkins, speaking at the Reuters Events Energy Transition conference in Houston, did not give details of how much more SAF Shell plans to produce and how soon. Her comments come after Shell CE Wael Sawan said last month the company would cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of his drive to boost profits. SAF is one of the areas in which Shell believes it has a unique competitive advantage, Watkins said, without providing details. The fuel is produced in only small volumes in the United States because of high costs.<br/>
Reuters
https://www.reuters.com/sustainability/shell-boost-us-green-aviation-fuel-output-executive-2023-11-07/
11/8/23