Accelerating eFuel Projects: Driving Hydrogen and Carbon Economies
The urgency to produce lower carbon fuels has reached new heights, particularly in light of COP28 and the imperative to meet climate mitigation targets. Exciting opportunities are now emerging in the aviation and maritime sectors, thanks to recent regulations implemented by the European Union and the United States.
Reducing the carbon footprint of plants is an intricate challenge, but integrating innovative solutions like carbon capture can prove invaluable, especially when applied to biogenic CO2. To guide decision-makers in this complex landscape, a comprehensive ranking system based on the cost and quantity of avoided CO2 becomes indispensable. However, it's worth noting that with a current CO2 price below 90 €/ton, only a handful of projects are deemed financially viable.
Fortunately, due to new regulations surrounding RFNBO, eFuels production has become not only profitable but also bankable, alongside associated Carbon Capture and Green Hydrogen production.
To assist various customers in their project development, Axens, as a leading technology provider for Carbon Capture and eFuels technologies (FT, MTJ), has collaborated with EMEA operators to develop a range of insightful case studies. These case studies aim to offer industry-specific solutions and valuable insights on the benefits of each pathway for production of eFuels.