Roads
The road industry’s transformative shfit towards decarbonisation, which involves the replacement of fossil fuels with sustainable fuels and the adoption of EVs is beginning to have a measurable impact on global oil demand, particularly in refined fuels such as gasoline and diesel. While the effect remains gradual, it is expected to accelerate.
Facts & Figures
15%
~25%
200 billion
CO2 contribution from road transport relative to global emissions
EV share in the global auto market
USD required in EV infrastructure development
Central to road decarbonisation is the advancement of electric vehicles (EVs), such as battery EVs and hydrogen EVs which offer zero tailpipe emissions, as well as the shift towards cleaner road fuels such as biofuels and LNG.
Our Focus Areas
Biofuels
PROS:
- Low infrastructure investment costs as biofuels can be used as a drop-in fuel
- Potentially carbon neutral if produced with renewable energy
CONS:
- Limited feedstock supply
- More costly to produce compared to traditional road fuels
Batteries
PROS:
- Zero direct emissions
- Improved energy efficiency compared to traditional ICE vehicles
- Low fuel costs
CONS:
- EV production is resource intensive
- Long charging times
Hydrogen & e-fuels
PROS:
- Zero emissions
- High energy density by weight
- Rapid refueling times
CONS:
- High infrastructure investment costs
- More costly to produce compared to traditional road fuels
LNG
PROS:
- Reduced GHG emissions levels compared to refined fuels like gasoline and diesel
- Low infrastructure investment costs as LNG can be used as a drop-in fuel
CONS:
- Potential for methane slip
EV new vehicle sales share in a net-zero scenario
In a net zero scenario. where announced pledges are realised and governments meet their commitments on time, including longer-term targets, pledges in NDCs, and commitments to energy access, EVs can reach up to half of new vehicle sales by 2030 from current levels of 18% in 2023.
Our expertise in Roads:
etasca’s expertise is around supporting investment into projects related to large battery manufacturing complexes and sustainable road fuels such as LNG, biofuels, and e-fuels. We’ve provided market, technical and environmental support (from due diligence to independent reviews) for several major battery manufacturers and global sustainable fuel producers.
Commercial Advisory
etasca’s commercial due diligence is underpinned by a deep understanding of the energy and chemicals value chains, regulations and markets.
- Commercial due diligence
- Value creation and strategy
- Independent market reports
- Business model
Independent supply, demand and trade outlooks
Price forecasts and cost of production for biofuels, LNG, hydrogen, and battery production routes
Knowledge around road transportation industry regulations, mandates, and key road market developments
- Commercial due diligence
- Value creation and strategy
- Independent market reports
- Business model
Technical Advisory
etasca’s technical advisory is led by chartered chemical engineers who have both prior operational experience managing plants as well as advisory experience where they have inspected and benchmarked operations.
- Technical due diligence
- Feasibility studies and technoeconomic reviews
- TRL and scale-up assessments
- Technical valuations
Deep technological know-how surrounding biofuels and battery technologies
Bespoke methodologies for project and asset reviews for sustainable fuel production projects and battery manufacturers
CAPEX and OPEX evaluations for new projects
- Technical due diligence
- Feasibility studies and technoeconomic reviews
- TRL and scale-up assessments
- Technical valuations
ESG Advisory
The Environmental, Social and Governance (“ESG”) performance of a business is increasingly recognised as a key determinant of future value.
- Environmental due diligence
- ESG alignment studies
- ESIA reviews and preparations
- Carbon intensity valuations
Deep knowledge of EV regulations and mandates
Technoeconomic analyses and carbon intensity modelling for sustainable road fuel production
Knowledge of envrionmental regulations for project finance (including equator principles) in addition to established methdologies for environmental due diligence
- Environmental due diligence
- ESG alignment studies
- ESIA reviews and preparations
- Carbon intensity valuations