Neste joins the eFuel Alliance

The Berlin and Brussels organization works to set synthetic eFuels and sustainable biofuels at the centre of the future of transport.

Finnish energy company Neste has joined the eFuel Alliance, an interest group dedicated to the industrial production of synthetic fuels from renewable sources. The eFuel Alliance is based in Berlin and Brussels and brings together companies and organizations to promote power- and bio-based synthetic fuels to reduce greenhouse gas emissions from transport.

Throughout the world, more than 1.3 billion vehicles are currently powered by conventional internal combustion engines. In addition, there are around 22,000 aircrafts for which there are no cost-effective technical alternatives in sight. These existing fleets will continue to form the basis for mobility in the coming decades. Neste believes low-carbon fuels are the only sustainable solution to reduce the greenhouse gas emissions from existing combustion engines around the world.

“Synthetic eFuels and sustainable biofuels are needed to reduce GHG emissions from transport and to facilitate the EU in reaching its 2050 targets. With Neste as a new member, the alliance gains an innovative thought leader and a strong global partner in the field of renewable fuels. Neste joining us also shows that the eFuel Alliance is gaining momentum on European level which is a major goal in our efforts to change European regulation,” says Ralf Diemer, Managing Director of the eFuel Alliance.

“Banning the combustion engine would close the door on sustainable drop-in solutions, such as fuels from green electricity and sustainable biomass. We cannot afford to exclude these options if we want to reach the climate targets and reduce greenhouse gas emissions from transport. Sustainably produced eFuels and biofuels have the potential to replace half of all fossil fuels used in road traffic by 2040,” says Carl Nyberg, Executive Vice President for Neste’s Renewable Road Transportation business unit and Board member of the eFuel Alliance.

The alliance wants for eFuels to be recognized as an essential component of a European climate protection policy and their equal treatment with other climate protection technologies in the sense of technological openness.