04 HOT TOPIC

Alternative fuels

ALTERNATIVE FUELS HELP TO SAVE OUR CLIMATE – 
AND ARE AN OPPORTUNITY FOR YOUR BUSINESS

 

We need alternative fuels

to save our climate

In the Paris Agreement, 185 parties of the United Nations committed to limit the global temperature increase to well below 2°C compared to the pre-industrial era. To achieve this, the global greenhouse gas emissions need to be reduced drastically. One required pathway to reduce greenhouse gas emissions is to increase the share of energy provided from renewable sources and in turn reduce the exploitation of fossil sources. Typical gaseous and liquid fuels produced from biomass or electricity from renewable sources reduce CO2-emissions by 75%-100% compared to fuels produced from fossil sources in a well-to-wheel balance. 

Liquid and gaseous fuels produced from renewables are expected to be part of the energy mix of the future for 3 main reasons:

  1.  Many applications demand the high energy densities of liquids and gases
  2.  Also in the future the electricity grid and storage are not sufficient to power all applications
  3.  Liquids and gases are a feasible option to store intermediate energy from renewable sources, which is necessary to omit the usage of energy from fossil sources

However, it is a challenge to get there because the energy value chain needs to be rebuilt and the transportation sector needs to cope with changing fuels. To deal with this challenge requires time, capital and know-how.

From this we derive the following 3 key questions:

  1. Are you aware of trends and potentials of alternative fuels?
  2. How will your industry and company be affected by the change to renewable sources?
  3. What is your strategy to capture the opportunities of alternative fuels?

Companies who can answer these questions are well-suited to capture a large share in the value pools alternative fuels create. To help you answer these questions, we offer 3 types of services on 4 levels of assessment.

To help you, we offer three types of services

on four levels of assessment

Links to

Alternative Fuel Publications

We did an extensive study on alternative fuels and their role in heavy-duty trucks until 2050 together with Concawe. Please find an executive summary here and the final report here. We published a white paper on the costs of power-to-liquid fuels. Please find it here.

FAQ

1. What do you consider to be an alternative fuel?
Liquid and gaseous fuels produced from Biomass-to-X and Power-to-X processes.

2. What are the three most promising alternative fuels to you?
Hydrogen, paraffins and methanol.

3. How much demand for alternative fuels do you expect?
For the year 2050 we expect demand in the road transport sector of 6 billion kg for hydrogen, 100 billion liters for paraffins and 20 billion liters for methanol.

4. What are promising ways to produce alternative fuels?
Based on biomass as well as electrolysis powered with electricity from renewable sources. Fuel synthesis based on the Fischer-Tropsch and Methanol-route.

5. Which key characteristics does a promising alternative fuel have?
High energy density and few need to adapt existing vehicles and infrastructure.

If you would like to learn more about alternative fuels and the knowledge and services of FEV Consulting, please contact us.