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Why are renewable fuels needed?

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To realize a climate neutral and circular economy in 2050 a more efficient use of energy, resources and materials, as well as use of more sustainable energy and resources, is essential to secure future prosperity1. Fossil fuels need to be replaced. For more sustainable transport, current strategies focus on switching from electric transport to renewable fuels, as electrification of transport is not an alternative as storage of electricity is problematic in several ways:

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Whereas the International Maritime Organization (IMO) in 2020 agreed on an absolute reduction of 50% greenhouse gas reductions. In order to reach this goal, more efficient and renewable fuels are needed for the shipping industry. At the same time, the European Commission made proposals in July 2021 for a mandatory and increasing percentage to make fuels for aviation and maritime transport more sustainable. The proposed obligations are likely to come into effect as early as 2025, once the proposals have been adopted4. Unfortunately, no mandatory targets have yet been agreed for reusing carbon in the chemical sector. In any case, sustainable biobased raw materials can be used in the form of high-value applications in materials and in chemistry1, of which renewable fuels are essential.