Impacts
ECONOMIC
- Potential for direct replacement of 12% fossil fuels in the EU transport sector
- Production of HTL derived gasoline and diesel fuels cost-competitive with current crude oil prices
- Potential of more than 1 Billion Euro per year of direct revenues of biofuels from urban resources
- Enhanced the competitiveness of sector-related industries
- Efficient urban resource management and valorisation
ENVIRONMENTAL
- Valorisation of widely available wastes avoiding their landfilling or incineration.
- Potential of more than 100 M ton of low-grade degradable feedstock converted into advanced biofuels
- Enhanced circular economy and recycling of nutrients
- Improvement of the overall energy efficiency of biofuel production up to more than 70%
- Potential greenhouse gas emission reduction by 75M tons CO2-eq/year by replacing fossil fuel, thus contributing to the achievements of the European objectives in terms of GHG emissions’ reduction
SOCIAL
- Potential of creating up to 50,000 direct and 300,000 indirect urban job opportunities for the development, engineering, fabrication, installation and operation of HTL plants
- Increasing energy security in Europe by reducing crude oil imports
- knowledge creation for the scientific community, policy actors, industry and citizens
EU LEADERSHIP
- Leadership in research development and production of renewable fuels
- Leadership in urban resource management valorisation
- Global opportunities for technology export and licensing for innovative European industries and SMEs
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