HVO100 Gains Traction as a Key Player in Reducing Emissions in Sweden's Transport Sector
HVO100 is emerging as a key renewable fuel to reduce emissions in Sweden's transport sector.
Key Points
- • HVO100 is a renewable alternative to traditional diesel.
- • It can reduce emissions by over 90%.
- • Demand for HVO100 is rising among transport companies.
- • Production capacity expected to reach 3 million cubic meters by 2035.
As efforts to reduce greenhouse gas emissions in Sweden's transport sector continue, HVO100— a renewable diesel alternative—is gaining significant attention and demand among transport companies. Notably, HVO100 is produced by Preem, Sweden's first producer of this eco-labeled fuel, which is crafted from vegetable oils, animal fats, and paper industry by-products, ensuring it's free from palm oil. This renewable diesel can reduce fossil greenhouse gas emissions by more than 90%, making it a vital component in the transition towards cleaner transportation.
Currently available at over 80 fuel stations, demand for HVO100 is on the rise as it addresses the slow electrification of transportation. Daniel Granquist, a business developer at Preem, notes that the growing interest stems from businesses wanting to mitigate carbon emissions, highlighting that low awareness about alternative fuels persists despite their significant benefits.
While HVO100's higher cost compared to traditional diesel presents challenges, particularly for heavy vehicles where electric alternatives remain limited, it serves as an immediate option for companies aiming to reduce their environmental impact. Preem plans to expand its production capacity to 3 million cubic meters by 2035, indicating a strong future for HVO100 as a viable solution amid the quest for sustainability in the transport sector. Granquist asserts that while HVO100 plays a crucial role, a comprehensive approach is necessary for achieving overall sustainability in transportation.