Diesel HVO100 sells for less than anticipated price range.
Here's the paraphrased text:
These days, certain gas stations are offering Diesel HVO100, a synthetic fuel made from recycled cooking oil. The ADAC (German Automobile Club) has been checking out the prices, and their findings show: The extra cost for this eco-friendly fuel compared to traditional Diesel is on the lower end or below expectations, sitting at roughly 6-10 cents per liter. Initially, it was thought the price would be much higher, but the reality is closer to the lower end of the estimated range of 5-20 cents. HVO100 has a better carbon footprint than regular diesel and can theoretically run most conventional Diesel engines.
The ADAC considers this a positive sign, suggesting that manufacturers are trying to keep the price of HVO100 as low as possible. Currently, the added costs for customers are deemed minimal by the association. A 10 cent surcharge would bump up the monthly fuel expenses for an average VW Golf driver by 5.62 Euros, bringing the total to 97.87 Euros.
Bio-Diesel from Plant Oils
HVO100 is a type of Diesel fuel often referred to as 'paraffinic,' which can be generated from leftovers of plant-based oils like cooking oil. Compared to traditional Diesel, HVO100 could potentially reduce CO2 emissions by up to 90%.
However, skeptics question the availability of raw materials in Germany. For example, all the used cooking oil from the food industry is already being utilized for bio-diesel production. Moreover, the environmental benefits of HVO100 are contingent on maintaining stringent production standards.
The ADAC insists that oil companies should openly declare the source of HVO and present evidence that sustainability criteria are being upheld.
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The availability of synthetic Diesel HVO100, derived from diesel fuel alternatives like plant-based oils and cooking oil, is becoming more prevalent at certain gas stations. Despite initial expectations of a higher price range, the difference between the cost of HVO100 and traditional Diesel fuel is currently situated at around 6-10 cents per liter, according to ADAC's research.
While considering the environmental impact of transitioning to HVO100, gasoline-powered automobiles would still run on this eco-friendly fuel. However, the price of diesel and gasoline fuels, including the cost of HVO100, continually fluctuates, affecting the overall fuel expenditures for vehicle owners, such as those with a VW Golf.
Additionally, oil companies and gas stations must disclose the sources of Diesel HVO100 and present evidence that production adheres to sustainable criteria, as suggested by ADAC for maintaining confidence in consumers' eco-friendly choices.
