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Road
More stringent and broader coverage of fuel efficiency standards for light-duty vehicles is needed
For cars and vans, increasing fuel efficiency standards is important as even in the Net Zero Emissions by 2050 Scenario, nearly 80% of cars and vans on the road in 2030 are still powered with internal combustion engines. Sales of heavier, less efficient SUVs reached around 46% of global sales in 2022, while electric vehicles were just 14% of sales. More and more countries are formulating vehicle efficiency standards and some are even putting in place zero-emission vehicle sales requirements. To be in line…
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Carbon Capture, Utilisation and Storage
Carbon Capture, Utilisation and Storage
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Aviation
Aviation
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Biofuels
Country and regional highlights
The United States Inflation Reduction Act makes USD 9.4 billion available for biofuels
Energy
Biofuel demand increased by 6% in 2022, continuing the recent pace of growth
Technology deployment
Biofuel production technology needs to diversify to sustainably take advantage of existing waste and residue feedstocks
Innovation
Technologies that can convert woody feedstocks into biofuels need to be proven at scale in the next few years
Supporting infrastructure
Policy
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Data Centres
Data Centres
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Iron and steel
Iron and steel
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Shipping
Shipping
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Cement
Cement
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Electrolysers
Country and regional highlights
Progress is spread across different continents, from China, which leads on installed capacity, to the European Union, which have adopted important policies, and other regions like India and the Middle East moving forward with a small number of large-scale projects
Technology deployment
Global installed electrolyser capacity reached 1.4 GW at the end of 2023, almost double the one at the end of 2022
Technology manufacturing
Innovation
Policy
Investment
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Aluminium
Aluminium
