Porsche joins project to create climate-neutral eFuels from wind power
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FRANKFURT -- Porsche has joined Siemens Energy and other companies in a pilot program aimed at producing climate-neutral synthetic fuel on an industrial scale from wind power.
Munich-based Siemens Energy is building the 36-million-euro ($44 million) wind power plant in in Magallanes Province in southern Chile.
The plant will produce electrofuels (eFuels) in a process that uses renewable energy, water and carbon dioxide as its main inputs with oxygen as the chief emission.
The final product is a synthetic gasoline that is 90 percent less carbon-intensive than its petroleum-based counterpart, while simultaneously being compatible with existing infrastructure and cars.