Synthetic fuel – eFuels cheaper than one euro in the long run?

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Synthetically produced fuels can make an enormous contribution to reducing CO2 in private transport. And that doesn’t even have to be expensive, the relevant interest group “eFuel Alliance” has announced. The optimistic perspective of board spokeswoman Monika Griefahn: In the long term, a liter price of less than a euro is conceivable.

The community of many interested companies, from the mineral oil industry to the ADAC, is seizing continued high fuel prices as an opportunity to create a positive atmosphere for the rapid spread of eFuels. Griefahn links the ruling with the request to Brussels to increase the acceptance of synthetic fuels in the decisions on the CO2 fleet targets next Tuesday.

In a press release, Griefahn points out that Germany will remain an energy importing country, even if it turns its back on fossil fuels. “Many countries in the world have significantly more sun and wind, we should develop these energy sources ourselves,” says Griefahn. This can make synthetic fuels affordable. Griefahn: “If we look at it until 2050, we may arrive at a liter price of less than a euro.”

This is how it could work
Griefahn describes the way to the goal: “Initially, synthetic fuels could be mixed with conventional petrol and diesel in a ratio of about five percent. On the one hand, this makes it possible to expand and scale up eFuels.” According to Griefahn, this would save about 60 million tons of CO2 by 2030. “And it’s affordable for people.”

The industry has indicated its willingness to expand, now it depends on the political framework. “The EU Parliament must therefore take into account on 7 June in the debate on the CO2 fleet targets for cars and light commercial vehicles that we can achieve these targets better if we have several options. A one-sided focus on e-mobility, as proposed by the European Commission, would not help,” Griefahn stressed.

In addition to fiscal equality for synthetic fuels with electric cars, which stimulates investment, a changed charging model for car manufacturers is also needed. “At the moment, the car industry in Europe can only meet its quota if it only produces electric cars,” criticized Griefahn. “If this is not put on par with synthetic fuels in a voluntary system, as we are proposing, then there is no incentive to invest.” If this situation does not change, fuel prices would continue to rise. If eFuels are only produced in smaller quantities, there will be no volume effect, causing prices to drop to relieve the consumer.

eFuels are synthetically generated fuels that are produced with renewable electricity from water and CO2 from the air. They burn particularly cleanly and when burned, no more CO2 is released than was absorbed during production. (aum)

Source: Krone

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