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The future of transportation fuels
February 11th, 2022
The vital task of reducing greenhouse gas emissions across the transportation sector requires a portfolio of solutions. Discover the lower-emission fuel alternatives ExxonMobil is working on to help power the future of transportation.
Reducing transportation greenhouse gas emissions is essential to managing the global energy transition – particularly as nearly a quarter of worldwide CO2 emissions from energy come from transportation.
ExxonMobil is exploring a mosaic of lower-emission fuel options, including second-generation, or advanced, biofuels and synthetic fuels created by using hydrogen and captured CO2 to form methanol.
Here’s a look at those efforts and the partnerships exploring these solutions.
What is the future of lower-emission fuels?
The ability to fuel transportation that produces fewer greenhouse gas emissions will depend on how lower-emission products are developed today. The adoption of electric vehicles continues to grow, but today that technology is largely used in passenger vehicles. ExxonMobil is working on a number of solutions to help advance new lower-emission fuels within the commercial and heavy-duty sector. Hear from ExxonMobil's chief fuels technology engineer, Krystal Wrigley, on the company's approach.
A portfolio of solutions
23 %
Transportation makes up 23% of the global energy-related CO2 emissions.1
52.6 %
Of that, heavy transportation (trucking, aviation, shipping and rail) makes up 52.6% of the total transportation sector's CO2 emissions.2
Greenhouse gas emissions
85% Reduction
ExxonMobil is working with Porsche to test eFuels, a synthetic product made from hydrogen. When blended to current market fuel standards for today's passenger vehicles, eFuels could reduce up to 85% of greenhouse gas emissions from passenger vehicles.3
Emissions
3M Metric tons
ExxonMobil's majority-owned affiliate, Imperial Oil, is moving ahead with plans to produce 20,000 barrels per day of renewable diesel with an anticipated start date of 2024, which could reduce emissions in Canada by about 3 million metric tons per year.
CO2 Emissions
40% Reduction
Stena Bulk, a shipping company, conducted a successful commercial sea trial in 2020 of ExxonMobil's bio-based marine fuel, which has the potential to reduce greenhouse gas emissions by at least one-third, compared with conventional marine fuel oil.4
ExxonMobil has invested in Biojet AS, a Norwegian company that plans to convert wood waste into biofuels. The agreement enables ExxonMobil to purchase as many as 3 million barrels of product per year.
Designing the future of lower-emission transportation fuels is a challenge, but that's what makes it exciting. We are working to solve complex problems to help our world move more efficiently. It is really exciting to see where we can go.
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Lower-emission fuels
Continuing to reduce emissions today and into the future