eFuel Facility to be Built in Tasmania

HIF Global, a leading eFuels company in which Porsche has a stake, has announced that it has begun the development of Australia’s first large-scale, carbon-neutral eFuels production facility in Tasmania.

Electricity based fuels, or eFuels, are carbon neutral fuels produced from renewable energy, green hydrogen and carbon dioxide taken from the atmosphere. They have the same chemical properties as fossil-based fuels and, as a result, can be used as direct substitutes in existing engines and infrastructure.

The HIF Tasmania Carbon Neutral eFuel Facility will be located approximately 30km south of Burnie, and the company said that with 250 megawatts of electrolyser capacity and at least 40 years of operating life, the facility design is similar to other eFuels facilities in Chile and the US that HIF Global is preparing for construction in 2023. The HIF Tasmania facility has been designed to be emissions free, with the water for electrolysis primarily extracted from biowaste, The company said that it expects to begin construction in 2024, prioritising local employment and technology.

“Our global plan is to produce over 8 billion litres a year of carbon neutral eFuels – enough to decarbonise 5 million vehicles,” said Cesar Norton, President and CEO of HIF Global.

“Australia represents our third decarbonisation hub around the world. Australia has exceptional renewable energy resources that can be transformed into liquid fuels and used in existing engines. Today, we begin the first step in Tasmania to produce hydrogen from renewable energy, capture carbon dioxide from a biogenic source and produce highly competitive eFuels that will be the carbon neutral energy of tomorrow.”

Porsche acquired 12.5 per cent of HIF Global earlier this year, and has been researching the use of renewable fuels for some time.

Source: Motor Trader e-Magazine (July 2022)

25 July 2022

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