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16 groups urge EU to ring-fence SMAP support for e-fuels

Published:

Key points

  • A group of 16 companies, investors and NGOs said in an October 12 letter that EU lawmakers should reserve part of the proposed SMAP mechanism for e-fuels.
  • The letter estimates €15 billion of support between 2028 and 2040 and calls for book-in-advance to support long-term offtakes and pre-FID projects.

Summary

A group of 16 companies, investors and NGOs said in an October 12 letter that EU lawmakers should reserve part of the proposed SMAP mechanism for e-fuels. The letter estimates €15 billion of support between 2028 and 2040 and calls for book-in-advance to support long-term offtakes and pre-FID projects.

Original source title

16 Groups Urge EU to Ring-Fence E-Fuel Support Under SMAP

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