CleanTechnica•about 1 month ago
Driving A Car On HVO Is 79% More Expensive Than An Electric Car — New Analysis
- •New analysis indicates HVO (advanced biofuel) is 79% more expensive than powering an electric car, challenging its viability as an affordable 'drop-in' fossil fuel replacement for transportation.
- •This significant cost disparity reinforces the economic case for fleet electrification for large power consumers and logistics companies, driving increased electricity demand.
- •The findings suggest a potential shift in policy and investment away from advanced biofuels and towards grid-based electrification solutions, impacting future energy infrastructure planning.
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