ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels
The specially-formulated Esso Renewable Racing Fuel will be tested on the racetrack in Porsche’s high-performance motorsports engines beginning at the Porsche Mobil 1 Supercup 2021Read the release
Why it matters
The transportation sector accounts for approximately 25 percent of global energy-related CO2 emissions. While the number of new electric vehicles sold continues to grow, society must also look for new ways to reduce emissions today from internal combustion engine vehicles that will remain on the road for years to come. For example, Porsche estimates that more than 70 percent of vehicles it has ever manufactured are still on the road today. Lower emission liquid fuels, such as eFuels, have an important role to play in helping countries reach their climate goals.
How does this fit into our climate strategy?
This collaboration with Porsche builds on ExxonMobil’s continuing efforts to develop and deploy lower-emission energy solutions, including advanced biofuels, high-efficiency fuels and lubricants, advanced plastics and other products that can enable cars and trucks to use less fuel. This is one of the many ways that ExxonMobil is providing products to help our customers reduce emissions.
What are eFuels?
eFuels are synthetic fuels that can be produced using renewable electricity to generate hydrogen, and when combined with captured carbon, produce lower-carbon fuels. eFuels are a subset of fuels from renewable sources. Other names for eFuels include electrofuels, power-to-X (PtX) and power-to-liquids (PtL).
85 percent GHG emissions reduction
when blended to current market fuel standards for today’s passenger vehicles.*
A strong history