News Commentary | April 13, 2020
Earlier this year, we predicted that adoption of marine biofuels would be less than 0.1% in 2020, as the global shipping industry has yet to determine its 2050 decarbonization roadmap when it comes to the future energy source of choice. VTT's project further strengthens the argument that the ... Not part of subscription
News Commentary | June 11, 2020
With the possibility of underutilized or idle assets due to projected decreases in demand for gasoline and diesel, many refiners have turned toward renewable diesel projects. In the past two years, the industry has seen Andeavor, P66, and St1 all make their foray into renewable diesel, which ... Not part of subscription
Company Profile | March 26, 2021
Develops gasification technology for the conversion of carbonaceous feedstock into syngas; near‑term focus is on MSW, plastic waste, and lignocellulosic feedstock Commercial focus is on offering "circular syngas" for downstream production of renewable chemicals and fuels; focuses on methanol, ... To read more, click here.
by Yuan-Sheng Yu
In what is likely the most high-profile and large-scale electrofuels project to date, a total of 1.3 GW of electrolyzer capacity is planned to come online by 2030 to produce 250,000 MT of fuels – hydrogen for buses and trucks, methanol for shipping, and electrofuels for aviation. The applications align with the roadmap for the decarbonization of transportation unlikely to be fulfilled through electrification, as both shipping and aviation demand is expected to grow substantially. However, the economics remains a major barrier, as hydrogen, methanol, and electrofuels depend highly on access to cheap renewable electricity. While a possible 2021 start time has been set, clients should expect significant delays but monitor this project closely.
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