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|Quotation:||Faberi S., Paolucci L., Velte D., Jiménez I. (2014) Methanol: a future transport fuel based on hydrogen and carbon dioxide?, Study. Commissioned by: European Parliament/STOA.|
|Short Description:||This study focused on technological, environmental and economic barriers for producing methanol from carbon dioxide, as well as the possible uses of methanol in car transport in Europe. Costs and benefits are evaluated from a life-cycle perspective in order to compare different feedstocks for methanol production and to account for the potential benefits of CO2-derived methanol in the transition to a more diversified fuel mix in the transport sector. Benefits in terms of reduced dependence on conventional fossil fuels and lower risks to security of supply can be envisioned in the medium and long term. It is nonetheless evident that considerable and sustained research efforts are necessary to turn CO2 into an efficient and competitive prime materials, which would be attractive not only for the transport sector, but also other industries. Europe’s increasingly limited and expensive access to fossil fuels makes it obligatory to consider policy options and smart strategies, combining market, regulatory and planning instruments, to bring down the direct and indirect costs of alternative fuels, so that transport services remain affordable for citizens and companies during the transition to a less petroleum-dependent economy.|
|Publication Type:||project report|
|Institution:||European Parliament / Science and Technology Options Assessment (STOA) (STOA)|