The Global Sustainable Gas Turbine Fuel Market was valued at USD 1370 Million in 2025 and is projected to reach USD 3179 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period (2024–2034). This robust growth is being driven by intensifying global decarbonization mandates, corporate sustainability commitments from airlines and utility companies, and rapid advancements in production technologies like Hydrogenation of Esters and Fatty Acids (HEFA) and Power-to-Liquids.

As industries pivot towards a low-carbon future, sustainable gas turbine fuels have emerged as a critical solution for decarbonizing both aviation and power generation. These fuels are essential for providing reliable, dispatchable energy while significantly reducing lifecycle carbon emissions. In this blog, we profile the Top 10 Companies in the Sustainable Gas Turbine Fuel Industry—a dynamic mix of global energy leaders, specialized biofuel producers, and logistics experts who are building the foundation for a cleaner energy ecosystem.

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🔟 1. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Neste MY Sustainable Aviation Fuel™, Renewable Diesel

Neste is the undisputed global leader in renewable diesel and sustainable aviation fuel (SAF) production. The company’s proprietary NEXBTL technology allows it to produce high-quality drop-in fuels from a wide range of renewable waste and residue raw materials. Neste’s SAF is a key enabler for decarbonizing gas turbines in the aerospace sector and is increasingly being explored for power generation applications.

Sustainability Initiatives:

• Current SAF production capacity of over 1.2 million tons per year

• Target to increase SAF production capacity to 2.2 million tons per year by 2026

• Committed to helping customers reduce greenhouse gas emissions by at least 20 million tons annually by 2030

Download FREE Sample Report: Sustainable Gas Turbine Fuel Market – View in Detailed Research Report

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9️⃣ 2. World Energy

Headquarters: Boston, Massachusetts, USA
Key Offering: Sustainable Aviation Fuel, Renewable Hydrogen

World Energy operates the first commercial-scale SAF production facility in North America and is a pivotal player in the sustainable fuel ecosystem. The company is aggressively expanding its production capacity and developing partnerships across the value chain to supply low-carbon fuels for aviation and industrial gas turbine applications.

Sustainability Initiatives:

• Investing over $2 billion to convert its Paramount, California refinery into a major renewable fuels hub

• Partnerships with major airlines and logistics companies for long-term SAF offtake agreements

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8️⃣ 3. TotalEnergies

Headquarters: Paris, France
Key Offering: Sustainable Aviation Fuel, Biojet, Bio-LNG

TotalEnergies is a major integrated energy company with a strong commitment to energy transition. The company is investing heavily in biofuels, including SAF production through its biorefineries, and is exploring the potential of renewable synthetic fuels for gas turbine applications in both aviation and power generation.

Sustainability Initiatives:

• Goal to produce 1.5 million tons of SAF annually by 2030

• Development of e-fuels (synthetic fuels) from renewable hydrogen and captured CO2

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7️⃣ 4. Shell Aviation

Headquarters: London, United Kingdom
Key Offering: Jet A-1, SAF, Technical Fuel Services

Shell Aviation is a critical supplier to the global aviation industry and is rapidly scaling its sustainable fuel offerings. The company leverages its extensive global infrastructure and customer relationships to drive the adoption of SAF, supporting airlines and airports in their decarbonization journeys.

Sustainability Initiatives:

• Aiming to have at least 10% of its global aviation fuel sales as SAF by 2030

• Investment in multiple SAF production projects worldwide using various technological pathways

Download FREE Sample Report: Sustainable Gas Turbine Fuel Market – View in Detailed Research Report

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6️⃣ 5. BP (Air BP)

Headquarters: London, United Kingdom
Key Offering: Jet A-1, Avgas, SAF

BP’s aviation division, Air BP, is a leading global supplier of aviation fuel services. The company is actively developing its SAF production and distribution capabilities, aiming to become a leader in the transition to sustainable aviation and power generation fuels.

Sustainability Initiatives:

• Targeting a 20% share in core bioenergy markets, including SAF, by 2030

• Strategic partnerships to develop SAF production from waste oils and agricultural residues

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5️⃣ 6. Fulcrum BioEnergy

Headquarters: Pleasanton, California, USA
Key Offering: Bio-Synfining® derived SAF

Fulcrum BioEnergy is a pioneer in converting municipal solid waste into low-carbon transportation fuels, including sustainable aviation fuel. The company’s proprietary process offers a dual benefit of waste reduction and fuel production, making it a key innovator in the circular economy for sustainable gas turbine fuels.

Sustainability Initiatives:

• Developing a network of waste-to-fuels plants across North America

• Partnerships with major airlines for future SAF supply, supporting the aviation industry’s net-zero goals

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4️⃣ 7. Gevo, Inc.

Headquarters: Englewood, Colorado, USA
Key Offering: Alcohol-to-Jet (ATJ) SAF, Renewable Hydrocarbons

Gevo is developing renewable hydrocarbons and sustainable aviation fuel using a unique integrated production process that combines sustainable agriculture with advanced biofuels technology. The company’s focus on net-zero emission fuels positions it as a key player for decarbonizing gas turbines with minimal environmental impact.

Sustainability Initiatives:

• Developing Net-Zero 1, a project to produce net-zero greenhouse gas emission SAF

• Utilizing sustainable corn as a feedstock with carbon capture and renewable energy integration

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3️⃣ 8. LanzaJet

Headquarters: Chicago, Illinois, USA
Key Offering: Alcohol-to-Jet (ATJ) Sustainable Aviation Fuel

LanzaJet is a leading sustainable fuels technology company and producer committed to accelerating the energy transition. The company’s proprietary ATJ technology converts ethanol into sustainable aviation fuel and renewable diesel, offering a scalable pathway for decarbonizing aviation and power generation.

Sustainability Initiatives:

• Operating the world’s first commercial-scale ATJ SAF facility in Georgia, USA

• Focus on using sustainable ethanol feedstocks, including from waste sources

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2️⃣ 9. SkyNRG

Headquarters: Amsterdam, Netherlands
Key Offering: Sustainable Aviation Fuel supply and consulting

SkyNRG is a global market leader for sustainable aviation fuel, supplying SAF to airlines worldwide and managing the first dedicated SAF plant in Europe. The company specializes in sourcing, blending, and supplying sustainable fuels while ensuring compliance with the highest sustainability standards.

Sustainability Initiatives:

• Developing dedicated SAF production facilities in Europe and North America

• Pioneering the use of regional waste and residue streams as feedstock for SAF production

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1️⃣ 10. DG Fuels

Headquarters: Washington D.C., USA
Key Offering: Cellulosic Diesel and Sustainable Aviation Fuel

DG Fuels is developing a sustainable carbon-neutral synthetic fuel production platform that utilizes waste carbon feedstock to produce diesel and aviation fuel. The company’s innovative approach combines biomass gasification with Fischer-Tropsch synthesis to create drop-in fuels for gas turbine applications.

Sustainability Initiatives:

• Developing large-scale SAF production facilities with significant carbon reduction potential

• Focus on utilizing waste biomass feedstocks to minimize environmental impact

Get Full Report Here: Sustainable Gas Turbine Fuel Market – View in Detailed Research Report

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🌍 Outlook: The Future of Sustainable Gas Turbine Fuel Is Diversified and Scalable

The sustainable gas turbine fuel market is undergoing a fundamental transformation. While traditional fossil-based fuels still dominate energy markets, the industry is rapidly scaling up production of low-carbon alternatives through multiple technological pathways. These innovations are critical for achieving deep decarbonization in hard-to-abate sectors like aviation and dispatchable power generation.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion for HEFA-based fuels in North America and Europe

• Growing investment in Power-to-Liquids technology for synthetic fuel production

• Increasing regulatory mandates for sustainable fuel blending in aviation and power sectors

• Strategic partnerships between fuel producers, airlines, and utility companies

Get Full Report Here: Sustainable Gas Turbine Fuel Market – View in Detailed Research Report

The companies listed above are not only supplying essential energy for global aviation and power generation—they’re pioneering the technological innovations that will enable a sustainable energy future for gas turbine applications across multiple industries.