Germany invests in power-to-liquid fuels
Germany’s government has announced a funding call for the construction and operation of a development platform for power-to-liquid (PtL) fuels.
The Federal Ministry of Transport and Digital Infrastructure (BMVI) is investing in the PtL development platform as part of the ministry’s overall funding concept for renewable fuels.
Under the plan, BMVI will invest a total of €1.54 billion ($1.8 billion) in renewable fuels between 2021 and 2024.
With immediate effect, project proposals for the construction and operation of the development platform for electricity-based liquid fuels with a production capacity of up to 10,000 tons of PtL per year can be submitted to BMVI.
“By switching to electricity-based fuel, we can save millions of tons of CO2 emissions. To do this, however, we need a large amount of climate-neutral fuel by 2030 – especially for aircraft and ships,” Federal Minister Andreas Scheuer said.
“In order to get electricity-based fuels out of the laboratory and into mass production, we are promoting the world’s largest production facility. In total, we will invest over 1.5 billion euros in renewable fuels in the coming years.”
As explained, the platform is intended to serve both research and demonstration purposes in order to close the gap between the development and industrial market ramp-up of PtL fuels. The focus will be on shipping and aviation.