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Will Liquid Fuels Play A Role In EU’s Decarbonization?

Will Liquid Fuels Play a Role in EU’s Decarbonization?

The Methanol Institute (MI) is hosting a webinar titled Fit for 55: Key Implications for Liquid Fuels on October 7, 13:00 (CEST). Speakers from the European Commission, FuelsEurope, and OCI/BioMCN, will present about the role of liquid fuels under the Fit for 55 package.

In July, the European Commission announced the Fit for 55 package, a collection of 13 policy initiatives aimed at fulfilling the European Union’s climate ambition. The policy instruments amended and established under these proposals significantly affect the future market for liquid fuels. In the webinar, speakers will provide their thoughts on the changing regulatory landscape and share their views on potential improvements necessary to attain the objective of reducing carbon emissions in the EU. 

Renewable and low-carbon liquid fuels, such as methanol, offer immediate climate benefits and a clear decarbonization pathway. They may be produced from a range of renewable sources, such as municipal solid waste or renewable electricity, and in the long-term enable the progressive replacement of fossil fuels in road, maritime, and aviation. Numerous studies have shown that despite the fastest transition possible towards electric vehicles, carbon-neutrality in the EU will require the contribution of renewable and low-carbon liquid fuels. They enable an accelerated energy transition that extends to difficult-to-electrify mobility segments like long-haul transport and shipping. Important questions have been raised on the extent to which the Fit for 55 package recognizes the pivotal contribution of renewable and low-carbon liquid fuels. 

While the continued integration of such fuels will accrue climate benefits across the transport sector, their role in the EU’s path towards decarbonization is contested. Their climate benefits are recognized under the Renewable Energy Directive, but their future role in the EU’s fuel mix is threatened by CO2 emission standards. Does the Fit for 55 package truly unlock the potential of low-carbon liquid fuels to address climate change? This and more in the Fit for 55: Key Implications for Liquid Fuels webinar.

Interested participants can register here.

SOURCE The Methanol Institute (MI) Press Release

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ABB Wins ASEAN Energy Award For Electric Mobility Project In Malaysia

ABB Wins ASEAN Energy Award For Electric Mobility Project In Malaysia

ABB has won an ASEAN Energy Award for the installation of the first-of-its-kind public EV charging station, supporting the Malaysian government’s efforts to accelerate a wider adoption of electric mobility.

ABB`s Terra 53 fast charging station, located in Subang Jaya, Malaysia, reduces the typical charging time from two hours, when using conventional public AC chargers, to around 15 minutes for electric vehicles with storage capacities of approximately 24kWh. The station also utilises electricity generated by a rooftop solar installation at the ABB facility, providing a 100 percent carbon neutral mobility solution. Thus, reflecting the company’s commitment to strengthening the country’s EV ecosystem and to reducing carbon emissions.

ASEAN Secretary General Lim Jock Hoi, presented the award to ABB at the 36th ASEAN Ministers on Energy Meeting, (AMEM) Official Dinner held in Singapore, on October 29, 2018.

Malaysia targets to deploy 100,000 electric cars, 2,000 electric buses and 125,000 charging stations by 2030. The expansion is in line with efforts to reduce dependence on fossil fuel in the transportation sector and to drive down carbon emissions by 45 percent by 2030 in compliance with the Paris climate accord.

“The opportunity for sustainable mobility is immense,” said Frank Muehlon, Managing Director for electric vehicle charging infrastructure at ABB. “Every day, new smarter mobility alternatives are challenging conventional vehicles and the use of fossil fuels. The award recognizes our efforts to take our technology leadership to the next level to find new solutions to catalyse this shift in Malaysia and across the fast developing ASEAN region, whether in cars and buses, trains or ships.”

ABB installed the Terra 53 fast charger last year at its premises in Subang Jaya outside of Kuala Lumpur. It is available daily to EV drivers at zero cost as a ‘drive-thru’ convenience, instead of the traditional approach of using parking bays.

Over 8,000 fast chargers, including high power chargers up to 350 kW, have been installed by ABB across 68 countries, more chargers than any other manufacturer. In addition to Malaysia, the chargers can be found in the region in Singapore, Thailand, Indonesia and the Philippines.

Fortune Magazine recently ranked ABB  as number eight on its list of companies that are “changing the world”. This is in recognition of the advances that the company has made in e-mobility and EV charging.

ABB received the award as a special submission under the renewable energy category and was amongst over 60 other recipients. The winners were selected based on their projects, which involved innovation or best practices in the field of renewable energy research, development, demonstration, and commercialisation. Special focus was given to projects that were relevant to ASEAN Member States in terms of regional interests and cooperation on sustainable energy.

The ASEAN Centre for Energy is an intergovernmental organization established by Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.


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