European-produced green molecules have a crucial role to play in resolving the EU’s energy trilemma—the challenge of providing sustainable, secure and affordable energy in the face of rising global temperatures, ongoing geopolitical conflicts and disruption to global trade routes.
Green molecules in the form of green hydrogen and its e-fuels derivatives (e-SAF, e-ammonia, e-NG and e-methanol) as well as biofuels like biodiesel, biomethane and SAF are a solution to decarbonise large swaths of energy usage that cannot be powered by electrons, helping the EU meet its emissions reduction targets in 2030 and beyond.
Renewables now meet over 40% of EU electricity demand, thanks to prices enacted through the EU emissions trading scheme (ETS) and targets mandated in the updated Renewable Energy Directive (RED III).
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