VDMA P2X4A joins Renewable and Low-Carbon Fuels Value Chain Industrial Alliance

The Renewable and Low-Carbon Fuels Value Chain Industrial Alliance is a new voluntary collaboration of stakeholders from across the transport fuels and other relevant value chains, from sourcing to end-users, as well as technology and finance providers for each step in the value chain. They represent the fuels supply and demand sides from the aviation and waterborne sectors, as well as civil society organisation, governments, and their agencies. VDMA Power-to-X for Applications now officially became a member.
The initiative focuses on boosting production and supply of renewable and low-carbon fuels in the aviation and waterborne sectors. It is a key flanking measure to the FuelEU Maritime and RefuelEU Aviation initiatives.
The ultimate objective of the Alliance is to ensure that aviation and waterborne transport have sufficient access to renewable and low carbon fuels, while taking into account the future use of these fuels in road transport, and thus contributing to a reduction in the transport sector’s greenhouse gas (GHG) emissions by 90% by 2050. For this to happen, effective exchange and coordination of actors across the value chain is needed to ensure that opportunities and barriers to market action are clearly identified, and a pipeline of suitable projects can be generated.
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