High-quality advanced biofuels are hydrocarbon fuels that are substantially similar to gasoline, diesel or jet fuels. However, they can be made from a wide variety of different types of biomass, and lack some of the harmful substances in fossil fuels.
Advanced biofuels are fully compatible with existing fuel infrastructure, distribution systems and engines
Unlike traditional biofuels, high-quality advanced biofuels are 'drop-in' fuels: this means they are fully compatible with existing fuel infrastructure, distribution systems and engines. No costly conversion of tanks, pipelines, pumps or ships is needed. As such, advanced biofuels are a cost-effective option in comparison to other solutions, such as electric or gas-fuelled vehicles.
Examples of high-quality advanced biofuels include Hydrotreated Vegetable Oil (HVO) and Biomass-to-Liquid (BTL). Neste markets its HVO product under the name NExBTL.Advanced biofuels are practical, available now, with immediate benefits.
Europe needs fuels that are compatible with the dominant mode of transportation. Advanced biofuels are an economical and sustainable way forward, representing a cheaper option compared to other alternatives such as electric and gas-fuelled vehicles.
Setting binding EU targets for renewables in transport has been a quick and efficient way to utilize the existing vehicle fleet and infrastructure to bring about significant CO2 savings. At the same time, these targets have driven significant investment into R&D and production capacity of advanced biofuels.
Neste calls for a European policy that maintains binding targets after 2020 and promotes high-quality advanced biofuels. This would allow for a level-playing field in relation to other alternatives promoted through legislation.