“The enemy is fossil-based energy, not a particular technology. Captured CO 2 can be turned into carbon-neutral fuels, but technological advances are needed. He noted that Europe was the only area to abandon “technological neutrality” as part of its regulatory framework. It wants zero-emissions vehicles but believes the EU should be broader in its aims and let the industry decide how it reaches these goals.Īccording to the Platform for Electromobility - an alliance between NGOs and industries - “recent political backpedalling” has “severely blurred signals” to European manufacturers on electric vehicles.ĭuring the confusion over the new regulations, head of car lobby group ACEA Luca de Meo said that though “mass electrification is a major part of the solution” it isn’t a “silver bullet”. The automotive industry has warned that a lack of clarity on regulations is making it hard to plan for the future. Close all coal plants by 2040 to prevent ‘climate chaos’, new report urges.‘End of the fossil age’: Wind and solar broke energy records last year, report reveals.The global demand for carbon-neutral fuel. Thanks to their carbon neutrality, these fuels run as net-cleanly as an EV. Capturing CO2 is also an expensive task and the technology to do it still falls short of expectations. The bioethanol segment is expected to register a CAGR of over 5 to reach around USD 80 Billion by the end of 2027. The promise of synthetic fuels, or e-fuels, as many refer to them as, could spell savior for the beloved gasoline engine. Electrolysis is used to create hydrogen, and other chemical reactions are needed to turn it into liquid fuel. So why are e-fuels so expensive? The short supply is one reason that could be fixed by increasing production.īut the actual process of making e-fuels itself is complex and energy intensive. T&E worries that while wealthy drivers could afford the change, it could force those who can’t afford the cost to try and circumvent the rules. Louis Summary: A team of biologists and engineers modified a microbe so that it can produce a. They say it could cost the average driver at least €2,300 a year to fill up their car on synthetic petrol. HIF is producing sustainable fuels with green hydrogen and recycled CO2 that can be used in todays cars, ships, trucks, and airplanes. Using microbes to make carbon-neutral fuel Date: NovemSource: Washington University in St. That is almost 50 per cent more expensive than regular petrol is today. EU 2035 petrol and diesel car ban: Germany reaches deal on synthetic fuelsĪnother recent analysis by T&E found that e-petrol could cost more than €2.80 per litre at the pump in Germany by 2030.Nuclear, hydrogen and bioenergy: What does the EU’s new renewables deal mean for member states?.
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