Sweden’s 2017 greenhouse gas emissions performance has delivered a wake-up call to the country’s policymakers and renewable investors. The country turned in an annual emissions cut of just 1.4% last year, a fraction of the estimated 5-8% cut needed over the next three decades to hit the targeted zero net carbon emissions goal by 2045.
Transport and industry dominate Sweden’s emissions profile. Sweden’s Environmental Protection Agency said it is “dissatisfied” with the mere 0.7% emissions reduction cut achieved by the transport sector last year, well short of the 2% cut indicated by the Swedish Transport Administration earlier this year.
Longer term Sweden needs to cut its transport carbon emissions by 70% relative to 2010 levels to stay on track towards mid-century government goals. While Swedish renewable fuel blending rates are impressive by the standards of other European countries, the current rate of progress will leave Sweden’s transport sector still up to 1-3mn t CO2e/yr short of its 6mn t/yr reduction target, indicating a need to rapidly accelerate the consumption of low carbon transport solutions.
Sweden’s biofuels industry is already taking proactive strides towards the upgrades and investments needed to stay on track towards the country’s exploding low carbon transport fuel needs. Swedish Bioenergy Association Svebio will host participants from the global feedstock, biofuel production, technology and investment sectors next month to address the region’s supply/demand balance, backed by sponsorships from US renewable diesel and biodiesel giant REG alongside Sweden’s own heavily renewable focused refiner St1.
“Never before has Sweden had that many and heavy capital investments in large-scale biofuels production. Never have that many new technologies taken the step to commercialisation demonstration in Sweden and from that many different resources”, says Tomas Ekbom, Program Director of the Swedish Bioenergy Association and the Conference Director of the Advanced Biofuels Conference, being held 18-20 September in Gothenburg.
“The second wave of biofuels production is a paradigm shift and possibly a gate-opener to wood to fuels at a nation-wide large scale,” Ekbom says.
For a full overview of the rapid growth in Sweden’s low carbon transport fuel landscape, contact [email protected].