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by Tammy Klein (Transportation Energy Strategies) … I spoke to both Neville Hargreaves, Vice President, Waste to Fuels and Drew Miller, Project Finance Director of Velocys about their SAF projects in the U.S. (Bayou Fuels) and in the UK (Altalto). We also talked about how they see the policy and market environment unfolding over the next 5-10 years. Following are several excerpts from our discussion, which you can view or download below, or listen to in ITunes.
Neville on the Policy Direction in Europe:
“I think there’s clear direction in Europe that that will be SAF mandates. The British government indicated in November, in their 10 point plan for industrial decarbonization, that they would be looking at, not only at band aids, but at means of supporting early investments in these technologies, because you’ve got to get the first few commercial plants out there before you can start driving the costs down and really rolling it out quickly around the world. Much bigge
(Urban Air Initiative) A new study is underway to determine whether corn based ethanol makes a larger contribution to the reduction of GHG emissions than it is currently receiving credit. The Urban Air Initiative commissioned a study with Transport Energy Strategies to look at the impact ethanol has on carbon reduction in the gasoline itself.
Current modeling regarding ethanol and GHG emissions by DOE’s GREET model focus on how ethanol is produced, how it gets from the field to the tank. However, UAI contends that no one has considered the GHG impact of ethanol from the fuel tank to the tailpipe. This is where UAI proposes corn ethanol warrants additional credit for reducing GHG emissions.
Current modeling regarding ethanol and GHG emissions by DOE’s GREET model focus on how ethanol is produced, how it gets from the field to the tank. However, UAI contends that no one has considered the GHG impact of ethanol from the fuel tank to the tailpipe. This is where UAI proposes corn ethanol warrants additional credit for reducing GHG emissions.