
Switched On
Heavy Transport Maps Out a Low-Carbon Future
Oct 24, 2024
Colin McKerracher, Head of Transport and Energy Storage at BloombergNEF, leads a riveting discussion with industry leaders. Freya Burton from LanzaTech shares insights on sustainable aviation fuel's development challenges. Chris Johnson of C2X highlights the promising future of green methanol production. Lara Naqushbandi from ETFuels delves into the complexities of e-fuels and the financial landscape for clean energy investment. Together, they explore the paths to decarbonizing heavy transport and the critical role of government policy in fuel adoption.
41:31
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Quick takeaways
- Decarbonizing the heavy transport sector requires a mix of clean fuels like SAF and methanol rather than solely relying on electrification.
- Investor confidence is contingent on clear policy frameworks and stable revenue prospects, necessitating robust project execution and supply chain reliability.
Deep dives
Decarbonizing Heavy Transport
Decarbonizing the heavy transport sector, including aviation, maritime shipping, and long-haul trucking, is a significant challenge that requires clean fuels rather than just electrification. Current data suggests that aviation and shipping make up around 2.5% of global CO2 emissions, a figure projected to double in the coming decades. Sustainable Aviation Fuels (SAF), biofuels, ammonia, methanol, and synthetic fuels are among the various clean fuel options that can help reduce carbon emissions in these sectors. However, high costs and unclear investment pathways complicate decisions for investors looking to support these technologies.
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