HIF Global to produce eFuels in Tasmania
Located in Tasmania, the facility plans to produce up to 100 million litres per year of carbon neutral eFuels.
HIF Global is developing Australia’s first large-scale eFuels production facility in Tasmania following their plants in Chile and the United States.
Construction is on track to kick off in 2024, ahead of eFuel production starting in the middle of 2026. The plant is expected to produce 190 tons of eFuel per day (up to 100 million litres per year) using renewable energy, and will feature a 250MW electroliser.
HIF Global, in which Porsche has a 12.5% stake, is one of the leading producers of eFuels in the world with operations in Chile, the U.S. and now Australia.
“Our global plan is to produce over 8 billion litres a year of carbon neutral eFuels - enough to decarbonise 5 million vehicles. Australia represents our third decarbonisation hub around the world. Australia has exceptional renewable energy resources that can be transformed into liquid fuels and used in existing engines,” said Cesar Norton, President and CEO of HIF Global.
The HIF Tasmania Carbon Neutral eFuel Facility will be located approximately 30 km south of Burnie. With 250 megawatts of electrolyser capacity and at least 40 years of operating life, the facility design is similar to other eFuels facilities in Chile and the United States that HIF Global is preparing for construction in 2023.
“At full operations, the HIF Tasmania facility is expected to produce up to 100 million litres per year of carbon neutral eFuels, reducing global CO2 emissions by approximately 260,000 tons per year, the equivalent of decarbonising 52,000 cars on the road today,” said Ignacio Hernandez explained, HIF Asia Pacific CEO.
eFuels have the same chemical properties as fossil-based fuels and, as a result, can be used as direct substitutes in existing engines and infrastructure.
