TEHA-Eni study flags renewable-feedstock biofuels as near-term lever for Europe transport decarbonization - XLE News | RalliesTEHA-Eni study flags renewable-feedstock biofuels as near-term lever for Europe transport decarbonization
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XLE• TEHA-Eni study on transport decarbonization
- Eni-backed TEHA study positions renewable-feedstock biofuels as an immediate decarbonisation tool for transport, supporting energy security.
- Analysis flags rising EU industrial vulnerability from import dependence, citing a 21% drop in refining capacity since 2009.
- Vehicle imports more than tripled from 2015-2025 to about EUR 166 billion, implying EUR 30-60 billion annual EU value-added risk.
- Biofuels could cut transport emissions using existing infrastructure, with over 170 million diesel vehicles potentially compatible with HVO.
- Europe biorefinery investment could add up to EUR 66 billion GDP, supporting over 33,000 jobs, versus about EUR 49 billion public EV support.
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