Future energy

In the short to medium term there exists a niche for low-carbon fuels to provide decarbonised transport and heat in the UK market.

These could be in the form of biofuel, biodiesel, a blend of bioethanol with petrol, such as E10, or net zero carbon fuels. Low-carbon biogases and hydrogen also have a place in this space. The future energy space is diverse, with new use cases emerging frequently.

As part of Pixie Energy’s market intelligence services we capture key developments as fuel producers look to carve out a space in the market as the UK economy drives towards Net Zero

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Energy:2030 – Cornwall Insight and Pixie Energy’s Energy:2030 is designed for suppliers, generators, regulators, government and investors. It covers relevant and interesting developments from markets around the world including biofuel and hydrogen production incentives, both governmental and arising from the markets, significant investments, and changing policy as it evolves both in the UK and worldwide.

Recent insight

The European fuel ethanol market has seen a steady increase in both production and consumption over the past few years, and is forecasted to grow with wider adoption of biofuels across Europe.

This week’s chart comes from data shared in ePURE’s report Updated for 2018: Overview of biofuel policies and markets across the EU-28. The chart outlines the top 10 countries for ethanol production capacity. 18 countries have installed capacity to produce bioethanol, with a combined total capacity of 8,901mn litres a year. France is Europe’s leading market and hosts 23% of European biofuel production capacity.

The International Energy Agency’s (IEA’s) latest report The Future of Hydrogen illustrated that the momentum of hydrogen as a fuel is currently building from both political and commercial perspectives. By mid-2019, the total number of targets, mandates and policy incentives that directly support hydrogen has reached approximately 50 globally.

Carbon capture utilisation and storage (CCUS) is expected to be an important tool for meeting net zero carbon targets and for mitigating climate change. Although uptake of CCUS technology has been slow in the UK, on 27 June BEIS announced that nine companies have been awarded government funding to advance CCUS. In our chart this week, from the Global CCS Institute’s Global Status Report, we look at the 18 large-scale operational CCUS projects worldwide.

Carbon Connect – an independent forum facilitating discussion and debates between independent industry experts – published its third instalment of the Future Gas Series earlier this month.

Government launches a Net Zero ReviewNovember 4, 2019
Energy:2030 Issue 22November 1, 2019
14.7MW community solar and battery farm wins finance dealNovember 1, 2019
Utilising mixed technologies to decarbonise heat will drive climate actionOctober 28, 2019
Highview Power to build the UK’s first commercial cryogenic energy storage facilityOctober 23, 2019
IEA: industrial applications to account for the bulk of new solar installationsOctober 22, 2019
Energy White Paper delayed until Q1 2020October 17, 2019
Chemical company Linde takes 20% stake in UK hydrogen firmOctober 9, 2019
Energy:2030 Issue 21October 1, 2019
Government announces net zero packageOctober 1, 2019
REA calls for BECCS to play a critical role in meeting the UK’s net zero ambitionsJune 26, 2019
Drax BECCS pilot captures CO2 for the first timeFebruary 8, 2019

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