The biofuels business is on the cusp of a potential boom. Integrated oil and refining companies have embraced biofuels as an investable low-carbon solution to serve hard-to-decarbonize sectors including aviation and heavy transport. These suppliers, spurred by policy incentives, have ambitious growth objectives—but scaling up the right feedstocks remains a challenge. Airlines and other large consumers are also transforming the demand profile with emissions targets based around biofuels commitments. The changing competitive landscape and economies of scale are driving integration from seeds to the end-user of liquid fuels. But how fast, in which markets and at what scale?
Global propane and international shipping industries represent 4% of global carbon emission—twice that of the aviation industry. In parallel, hydrogen has been touted as a potentially transformative climate solution, but we’re billions of dollars and many years away from any serious scale. Oberon Fuels’ CEO Rebecca Boudreaux, PhD, will discuss how they’ve developed innovative solutions by dramatically reducing the carbon intensity of propane and methanol, while slashing the costs of transporting hydrogen. Along the road to commercialization, Oberon has partnered with leaders like Suburban Propane, Volvo Trucks, Mack Trucks and Ford.
Low carbon hydrogen derivatives have diverse applications within the energy transition. The hydrogen landscape has shown interest in diverse options, including gases such as ammonia, e-methane/e-NG, and carriers such as e-methanol and liquid organic hydrogen carriers (LOHCs). While these derivatives aid in solving the hydrogen transport hurdle, each individual carrier has their benefits and shortcomings. The debate is open for which derivative will prevail in different pathways.