The production of liquid fuels without oil is promoted by the Hellenic Petroleum Group in the context of the energy transition and the policy of reducing carbon emissions.
The aim is to produce fuels that will not come from fossil hydrocarbons, but from biomass, trapped carbon dioxide, waste, etc., can be used by existing vehicles with internal combustion engines and will have a low or zero carbon footprint.
The new “green” fuel technologies were presented at a series of events held over the weekend in the French city of Pau, where, among other things, a speed race was held for cars that run on alternative fuels and the first hydrogen-powered city bus was presented. At the Pau Grand Prix, 6 different categories of races were organized with vehicles that use electric propulsion, hydrogen and biofuels.
The events were attended by the European refining organization FuelsEurope, of which Hellenic Petroleum is a member.
As FuelsEurope’s General Manager John Cooper said in a statement, the combination of e-mobility with low-carbon technologies could lead to faster carbonization of transport and, moreover, tolerable costs for consumers and taxpayers, given that electric cars in most World markets are more expensive than conventional non-subsidized purchase price.
FuelsEurope’s request to the European institutions and the governments of the member states is to provide tax incentives for the production of new fuels which can, by 2050, contribute 160 million tonnes of oil equivalent, from the current 350 million tonnes of consumption in Europe, contributing to the elimination of fossil fuels.
New raw materials for the production of liquid fuels instead of crude oil could be biomass, RES, waste and carbon dioxide that will be used to produce sustainable biofuels, HVO (hydrogenated vegetable oils), synthetic fuels , pure hydrogen and / or fuels from recycled plastic.
The “Refinery of the future” will be the hub where all these different fuels will be processed to comply with industry standards, e.g. of the automotive or petrochemical industry.
The “Vision 2025” program of ELPE, as stated by the CEO of the group Andreas Siamisis, includes investments of 3.5-4 billion euros for the next 5 to 10 years, which are distributed 50-50 on the one hand in new energy and in sectors. with a lower environmental footprint and on the other hand the preservation of the traditional activity and the optimization of its environmental footprint.
In this context, as emphasized by ELPE, “the Elefsina refinery will become a model of energy transition and reduction of carbon emissions, through investments in energy efficiency improvement actions, in a cogeneration unit to meet energy needs and facilitate energy improvement projects. efficiency, in a blue hydrogen unit through carbon capture in existing hydrogen production, in a green hydrogen pilot unit through the use of RES electricity and in a solar power plant.At the same time, the Thessaloniki refinery will be sustainable raw materials of our products “.
The advantages of “green” fuels also include the following:
Reduce CO2 emissions by 90% in transport compared to petrol and diesel
They are the most effective solution to reduce emissions from the approximately 200 million vehicles with internal combustion engines that will remain in circulation after 2030
Reduce public financial pressure from full fleet electrification and development of new electricity distribution and charging infrastructure
They give consumers a choice between low CO2 technologies, making the transition accessible to all.
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