Role of Powerfuels in EU energy transition: The need for effective regulation
The importance of clean and sustainable fuels based on renewable electricity – in short powerfuels – in order to achieve the climate targets is being intensively discussed in many European countries nowadays.
Embedded in the EU Sustainable Energy Week (EUSEW), the Global Alliance Powerfuels starts a broad dialogue to share experiences and expectations about the role of powerfuels for the integrated European Energy Transition. Powerfuels provide value for different countries in different ways as powerfuels providers, technology providers, demand countries or as combination of all of these. Powerfuels production technologies are market-ready as demonstrated by various pilot studies. With effective regulations that reflect the carbon-neutral nature of powerfuels, a global market for powerfuels can be created. In this event, the state-of-the-art technology and the challenges, opportunities for creating effective regulation will be discussed.