Transport is responsible for over a quarter of all GHG emissions in the European Union, of which road transport accounts for almost three quarters. To meet climate targets, we need to reduce emissions from transport. Now.
No time to waste
The climate cannot wait, and we will need to combine all available solutions to meet our emissions goals on time. Even in the best-case scenario, an accelerated adoption of electric mobility and hydrogen will not reduce emissions fast enough.
Only by harnessing all options can we meet our goals.
Let’s not waste a perfectly good thing
The issue with the internal combustion engine is not the engine but the fuel. But we can reduce these emissions by as much as 90% if we transform waste and residues into a renewable transport fuel for the existing fleet, while we build up the infrastructure for electrification and hydrogen.
Waste not, want not
Renewable fuels made from waste and residues can replace up to 40% of fossil fuels used in transport in Europe. Neste already uses a broad range of waste and residues and is constantly working on expanding that list to produce high quality, low-emission fuels.
What if we could use waste to turn our wheels? We can. We are able to produce high quality lower-emission fuels made from waste and residues. Today, Neste already produces 3.3 million tons of renewable transport fuels for cars, trucks and planes. Tomorrow, the volume of renewable fuels produced in Europe can be scaled up exponentially by using an ever-expanding base of raw materials.
What are our renewable fuels made of?
Neste’s renewable fuels are the result of decades of innovation with a unique focus on producing high quality, lower-emission fuels. The success of our renewable fuels is down to the raw materials we use, which is made up of 92% waste and residues.
Watch the video below to find out more about which raw materials are used to produce our renewable fuels.
How are our renewable fuels produced?
Neste uses its proprietary NEXBTL technology to produce renewable fuels from a wide range of low quality raw materials.
Watch the video below to discover the full value chain.
Future raw materials
Our research centres are continuously working on expanding the range of raw materials that can be used to produce renewable fuels. Several very promising developments are already at pilot stage and are expected to reach industrial scale within years. Several of these new raw materials are available in large quantities. This would allow for the volumes of renewable fuels to be scaled up to replace a significant proportion of fossil fuels. Our innovation team has also continued exploring algae and we expect algae to play a key role in the future.
Europe needs to act fast to promote solutions that complement each other to achieve the emission reduction targets we have set. Only by maximising the impact of all solutions at the same time will we reduce emissions within the timeframes we have set.