London (Reuters)-British engineering company Rolls-Royce (OTC :) has partnered with oil company Shell (LON :) in 2050.
The pair signed a Memorandum of Understanding (MoU) on Wednesday, stating that Rolls-Royce would help plan to certify 100% SAF for use on airplanes.
In its largest business, the aviation sector, Rolls-Royce plans to run all commercial engines at 100% SAF by 2023. This produces up to 70% less carbon than traditional fuels.
The challenge for SAF is the lack of supply. This can help Shell partnerships deal with it.
In a statement, Rolls-Royce Chief Technology Officer Paulstein said the two companies wanted to decarbonize their flights.
“We believe that working together for these goals will benefit both the development of new innovations and cooperation in finding ways to unleash the potential for net carbon emission reductions in technologies already in use today. “I will.” He said.
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Rolls-Royce partners with Shell to promote sustainable aviation fuels by Reuters
https://www.investing.com/news/stock-market-news/rollsroyce-partners-with-shell-in-sustainable-aviation-fuel-push-2546498 Rolls-Royce partners with Shell to promote sustainable aviation fuels by Reuters