‘Sustainable’ Fuels: Aviation will lead demand long term

‘Sustainable’ Fuels: Aviation will lead demand long term

Released Tuesday, 23rd February 2021
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‘Sustainable’ Fuels: Aviation will lead demand long term

‘Sustainable’ Fuels: Aviation will lead demand long term

‘Sustainable’ Fuels: Aviation will lead demand long term

‘Sustainable’ Fuels: Aviation will lead demand long term

Tuesday, 23rd February 2021
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Why sustainable diesel when electric vehicles will dominate the market? How sustainable are such ‘sustainable fuels’ really? What are the emerging technologies in this space? Senior Technology Analyst Dr Alex Holland joins Raghu Das, CEO of IDTechEx to discuss the new IDTechEx report "Sustainable Alternative Fuels 2021-2031", www.IDTechEx.com/AltFuel

Growth in global energy consumption has caused CO2 and GHG emissions to rise, in turn causing an increase in average global temperatures. The combustion of fossil fuels including coal, oil, and natural gas, has been a key driver behind this, providing the underlying driver for the production and use of non-fossil alternative fuels that can help reduce emissions and mitigate against climate change.
 
The electrical power and transportation sectors have been first to implement renewable technologies. For electricity generation, renewable power sources such as wind and solar PV are the fastest growing energy source for many regions worldwide, reducing the carbon intensity of electricity production. In on-road transportation, the 2020s are forecast to be the decade where battery electric cars and other personal transport modes become cheaper, on both a lifetime- and upfront-cost basis, than their internal combustion engine counterparts. This will lead to widespread battery electric vehicle adoption. However, combined, electricity and on-road transportation account for less than 50% of global energy consumption and CO2 -e emissions. Sectors including heavy industry, heating, aviation, and shipping are far more difficult to decarbonize. Here, direct electrification or use of battery technology is unlikely to provide a solution.
 
Liquid and gaseous fuels will therefore be necessary in these sectors. Renewable diesel or HVO (hydrotreated vegetable oil) for example is set for a decade of growth. Production of renewable diesel differs from conventional biodiesel, allowing it to be used as a drop-in fuel, where biodiesel will have to be blended. Further, if waste feedstocks are used, such as used cooking oil or animal fats, renewable diesel can offer significant CO2 emissions reductions and be classified as a 2nd generation or advanced biofuel. Growth in the fuel is driven by the US and Europe and emissions targets set in these regions with the report providing data on players and productions volumes and a capacity forecast (MMGY) through to 2031. This despite the backdrop of vehicle electrification.
 
IDTechEx's report on non-fossil alternative fuels covers a wide scope of fuels, processes and sectors, and aims to provide insight on the state of the market for alternative fuels, how they fit in to a low-carbon economy, the key players and developments. The report includes an introduction to biofuels with further detailed sections on renewable diesel, advanced biofuels, sustainable aviation fuels, electro-fuels (e-fuels), and e-ammonia, providing data, trends, analysis and discussion on technology development, production volumes, company announcements, and targeted applications and sectors.

Download a report sample: www.IDTechEx.com/Altfuel

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