Project description
Low-energy conversion of waste into high-grade fuels
The transport sector is responsible for 25 % of greenhouse gas emissions. While electrification is important, liquid fuels will remain relevant for many vehicles, particularly in the marine and aviation sectors. Sustainable fuels are critical in the pursuit of decarbonisation targets. XFuel, an innovative SME, has successfully created technologies to manufacture high-grade fuels from waste while maintaining GHG savings above 80 %. The EIC-funded ROW2FUEL project aims to commercialise this low-energy conversion process, resulting in low-carbon fuels sold at prices comparable to those of fossil fuels, disrupting the sustainable fuels market. XFuel’s drop-in fuels may be compatible with current fossil fuel systems, facilitating replacement. The technology’s feedstock flexibility is conducive to the production of large volumes of sustainable fuels.
Objective
XFuel is an innovative SME with R&D headquarters in Mallorca, Spain, with the mission to decarbonise the transport sector NOW.
The transport sector is responsible for a quarter of greenhouse gas (GHG) emissions, rising to 30% by 2050, and needs to tackle decarbonisation with great urgency. While electrification is a critical step towards a more sustainable future, this approach is not feasible for all vehicles and segments, and much of the transportation sector will remain liquid fuel-dependent. In particular for the marine and aviation transportation segments, with a fuel market size of $380Bn, growing to $900Bn by 2030, will need to rely on sustainable fuels to meet the 2030 decarbonization targets.
XFuel has developed proprietary breakthrough conversion technologies to produce high-grade transportation fuels with certified GHG saving (>80%) from fossil waste hydrocarbons or biomass. XFuel’s fuels are drop-in: compatible with fossil fuel specifications, combustion engines and infrastructure, allowing for direct replacement. The technology's feedstock flexibility allows large volumes of sustainable fuels to be produced. The cost effectiveness of the revolutionary low-energy conversion process makes it possible for the first time to sell low carbon fuels at fossil fuel market price, in this way disrupting the sustainable fuels market and addressing the enormous market opportunity of the global transportation fuels market.
XFuel's commercial strategy is based on decentralised fuel production, building scalable biorefineries directly at the location of consolidated feedstock. XFuel will enter into joint ventures with feedstock providers and will close the value chain by closing sales agreements with off-takers. With fuel sales starting in 2027, XFuel is achieving a return on investment (ROI) 4 years after the start of the EIC accelerator project.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels renewable energy
- natural sciences chemical sciences organic chemistry hydrocarbons
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-EIC-ACC - HORIZON EIC Accelerator
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2024-ACCELERATOR-02
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
07002 BUNYOLA
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.