this post was submitted on 11 Feb 2024
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I've been on the hydrogen bandwagon for years, but the fact of the matter is, E-Fuels and HVO Diesel is an actual, viable option now, especially with efficiency reaching ever higher numbers year after year. 5 Years ago, one liter of E-Fuel was around 3-4 Euros (projected), now it's around 80 cents.
There is nothing cheaper than just changing out fossile fuels for sustainable and carbon neutral (maybe even carbon negative, because some company's are already thinking about putting a part of the saved carbon in the ground for long term storage, because it's going to be cheaper with co2 taxes to just put a part of that away for good) stuff and just using existing infrastructure.
The 25-30% of people that are going to be getting EVs are easily buffered with the existing grids.
As a petrol head, I'm keen to see e fuel that cheap but haven't seen anything like less than than 1 euro. How much is porche doing it for now?
No idea, but HVO100 is around 1,82 Euros per liter where I fuel up and it's considered an "E-Fuel".
Porsche projects around 2 Euros per liter in 2025. By 2025 the fossile fuel prices are expected to be above that due to the co2 taxes. However, that's not the "final" state of the plant, which is expected to be done by 2028 for 500 Million Liters a year. 2025 is 55 Million liters a year...
Isn't the fuel carbon neutral? Or close to it?