Road transport: the cost of renewable solutions
Road transport accounts for around a quarter of final energy consumption, and renewable energy technologies and fuels can help countries meet their policy goals for secure, reliable and affordable energy and reduced price volatility. They can also promote social and economic development. However, governments will find it difficult, if not impossible, to accurately assess which renewable options are best for their circumstances without reliable information on the costs and performance of renewable energy technologies available for road transport. This report examines the role of renewable solutions for road transport that are commercially available today, or that are likely to be commercialised by 2020 at reasonable cost. The analysis therefore focuses on conventional and advanced liquid biofuels, biomethane and electrification of transport using renewable power generation.