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One reason for renewable synthetic fuels: Costs

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One reason for renewable synthetic fuels: Costs

Producing synthetic fuels is still a costly process. Renewable synthetic fuels will become considerably more affordable when production capacities are expanded and the cost of electricity generated from renewable sources comes down. Present studies suggest that a pure fuel cost of between 1.20 and 1.40 euros a liter can be achieved (excluding any excise duties) by 2030, and as little one euro by 2050. These fuels’ cost disadvantage compared with fossil fuels could be significantly reduced if value was ascribed to the environmental advantage of renewable synthetic fuels. The fact that they are compatible with today’s infrastructure and automotive technology gives them an advantage over other alternative powertrains.

Reproduction for press purposes free of charge with credit “Picture: Bosch”

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