HIF Global Receives Permit for World’s Largest eFuels Facility in Texas, Set to Produce Carbon-Neutral Shipping Fuel and Gasoline
HIF Global, a leading eFuels company, announced on April 25th that it has received the Texas Commission on Environmental Quality (TCEQ) Air Quality Permit, which authorizes the construction and operation of the HIF Matagorda eFuels facility in Matagorda County, Texas. This permit confirms that the facility’s design and proposed operation comply with the U.S. Environmental Protection Agency (EPA) regulations on Standards of Performance for New Stationary Sources.
Once operational, the HIF Matagorda eFuels Facility will produce carbon-neutral shipping fuel and gasoline that can be used in existing vehicles without any modifications to engines or infrastructure. Meg Gentle, Executive Director of the Board of HIF Global, stated, “In December our eFuels facility in southern Chile began production of eGasoline, showing the world that carbon-neutral eFuels go straight into existing car engines to decarbonize the infrastructure we use every day. In Texas, we are taking eFuels to the next level of commercial scale, and we are now permitted to construct the largest eFuels facility in the world, to produce approximately 200 million gallons per year of shipping fuel and eGasoline, the equivalent of decarbonizing over 400,000 cars on the road today.”
The production of carbon-neutral shipping fuel and gasoline at the HIF Matagorda eFuels Facility will involve utilizing around 2 million tons of recycled carbon dioxide and combining it with approximately 300,000 tons of green hydrogen from water using renewable energy electricity. HIF Global aims to produce about 200 million gallons (750 million liters) per year of carbon-neutral shipping fuel and eGasoline by 2027, with the potential to decarbonize over 400,000 vehicles.
The construction phase of the HIF Matagorda eFuels Facility, expected to commence in 2024, is estimated to create around 4,500 direct jobs, with over 100 permanent operating jobs thereafter. Renato Pereira, CEO of HIF USA, expressed gratitude to the TCEQ for their thorough and efficient regulatory review process, stating, “eFuels are decarbonizing the transportation sector now and will reach commercial scale at the HIF Matagorda eFuels Facility. We thank the TCEQ for maintaining a thorough and efficient regulatory review process. Receipt of this initial authorization enables HIF to begin construction in Texas as soon as the engineering, commercial contracting, and financing are complete, which we expect in 2024.”