Top 10 Companies in the Sustainable Gas Turbine Fuel Market (2026): Market Leaders Powering Global Aviation

In Business Insights
February 06, 2026


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 stringent global decarbonization mandates, corporate sustainability commitments, and significant technological advancements in production pathways like Hydrogenation of Esters and Fatty Acids (HEFA) and Fischer-Tropsch Synthesis.

As the aviation and power generation sectors intensify their efforts to achieve net-zero emissions, the focus shifts to the pioneering fuel suppliers developing innovative, low-carbon solutions. In this blog, we profile the Top 10 Companies in the Sustainable Gas Turbine Fuel Industry—a dynamic mix of established energy giants and specialized biofuel innovators who are shaping the future of clean energy for turbines.


🔟 1. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Neste MY Sustainable Aviation Fuel™ (SAF)

Neste is the global leader in renewable diesel and sustainable aviation fuel production. Its proprietary Neste MY SAF is a drop-in fuel capable of reducing greenhouse gas emissions by up to 80% over its life cycle compared to conventional jet fuel. The company supplies major airlines and airports worldwide and is aggressively expanding its production capacity.

Sustainability Initiatives:

  • Targeting SAF production capacity of 1.5 million tons per annum by the end of 2024

  • Investing in new refineries and partnerships to scale production to 2.2 million tons by 2026

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

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9️⃣ 2. World Energy

Headquarters: Boston, Massachusetts, USA
Key Offering: Sustainable Aviation Fuel (SAF), Renewable Diesel

World Energy operates the first commercial-scale SAF production facility in North America and is a key supplier to the aviation industry. The company is focused on converting waste fats, oils, and greases into low-carbon fuels, playing a critical role in decarbonizing air travel and power generation.

Sustainability Initiatives:

  • Investing over $2 billion to expand its Paramount, California facility to produce 340 million gallons of SAF annually

  • Long-term off-take agreements with major airlines like United Airlines and JetBlue


8️⃣ 3. TotalEnergies

Headquarters: Paris, France
Key Offering: Sustainable Aviation Fuel (Biojet), JET A-1

TotalEnergies is a major integrated energy company with a strong commitment to the energy transition. Its aviation division is actively developing and supplying SAF, primarily produced through the HEFA pathway at its biorefineries in France. The company aims to become a leading SAF producer in Europe.

Sustainability Initiatives:

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

  • Partnering with airlines including Air France-KLM to supply SAF on long-term contracts


7️⃣ 4. Shell Aviation

Headquarters: London, United Kingdom
Key Offering: Shell AeroJet, Sustainable Aviation Fuel, Technical Services

Shell Aviation is a global energy leader with a comprehensive strategy for supplying SAF. The company is investing in production facilities and building a robust supply chain to meet growing demand from its airline customers, supporting the sector’s pathway to net-zero emissions.

Sustainability Initiatives:

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

  • Investing in multiple SAF production projects, including a planned facility in Rotterdam

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/300181/sustainable-gas-turbine-fuel-market


6️⃣ 5. BP (Air BP)

Headquarters: London, United Kingdom
Key Offering: Jet A-1, Sustainable Aviation Fuel, Avgas

BP’s aviation division, Air BP, is a leading global supplier of aviation fuel with a growing focus on SAF. The company is leveraging its extensive infrastructure and customer relationships to integrate sustainable fuels into the aviation energy mix at airports around the world.

Sustainability Initiatives:

  • Supplying SAF at over 20 airports globally and expanding its availability

  • Investing in and partnering with SAF producers to secure supply and drive down costs


5️⃣ 6. ENI

Headquarters: Rome, Italy
Key Offering: HVO (Hydrotreated Vegetable Oil) SAF, Conventional Aviation Fuel

Italian energy major ENI is converting its traditional refineries into biorefineries to produce biofuels, including sustainable aviation fuel. The company is a key player in the European market, supplying SAF produced from waste and residual biomass to help decarbonize aviation.

Sustainability Initiatives:

  • Targeting over 3 million tons/year of biorefining capacity by 2025 and 5 million tons/year by 2030

  • Producing HVO-SAF at its Venice and Gela biorefineries


4️⃣ 7. Fulcrum BioEnergy

Headquarters: Pleasanton, California, USA
Key Offering: Sierra BioFuels™ Plant derived SAF

Fulcrum BioEnergy is a pioneer in converting municipal solid waste into low-carbon transportation fuels, including sustainable aviation fuel. Its proprietary process offers a solution to waste management while producing a clean, drop-in fuel for the aviation sector.

Sustainability Initiatives:

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

  • Strategic partnerships with airlines including United Airlines and feed-stock providers


3️⃣ 8. Gevo, Inc.

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

Gevo is developing and commercializing its proprietary Alcohol-to-Jet (ATJ) technology, which converts sustainably sourced carbohydrates and cellulosic biomass into renewable hydrocarbons like SAF. The company focuses on achieving net-zero greenhouse gas emissions across its entire supply chain.

Sustainability Initiatives:

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

  • Long-term agreements to supply SAF to airlines including Delta Air Lines and Emirates


2️⃣ 9. LanzaJet

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

LanzaJet is a leading technology provider and producer dedicated to scaling SAF production through its patented Alcohol-to-Jet technology. The company’s process can utilize a variety of ethanol sources, including from waste gases and sustainable biomass.

Sustainability Initiatives:

  • Operating its Freedom Pines Fuels plant in Georgia, one of the first commercial ATJ-SAF facilities

  • Partnerships with major energy companies like British Airways and Mitsui to deploy its technology globally


1️⃣ 10. SkyNRG

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

SkyNRG is a global market leader specializing in the supply and distribution of Sustainable Aviation Fuel. The company works with airlines, airports, and corporate clients to develop tailored SAF solutions and has a strong focus on sustainability certification and sourcing.

Sustainability Initiatives:

  • Managing the Board Now program, one of the world’s first corporate SAF programs

  • Developing dedicated SAF production plants, such as the DSL-01 plant in the Netherlands

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

The sustainable gas turbine fuel market is experiencing a fundamental transformation. As traditional fossil-based fuels face increasing regulatory and environmental pressure, the industry is channeling massive investments into a diverse portfolio of low-carbon alternatives, advanced production technologies, and global distribution networks.

📈 Key Trends Shaping the Market:

  • Rapid scaling of multiple production pathways, including HEFA, FT, and ATJ, to ensure supply security

  • Increasingly ambitious regulatory blending mandates from governments in the EU, US, and Asia

  • Strategic partnerships and vertical integration across the value chain, from feedstock to end-user

  • Growing focus on next-generation feedstocks like power-to-liquids and algae to overcome biomass limitations

Get Full Report Here: https://www.24chemicalresearch.com/reports/300181/sustainable-gas-turbine-fuel-market

The companies profiled above are not just supplying fuel—they are architecting the clean energy infrastructure that will power the aviation and power sectors for decades to come.