Porsche Begins Investing in Synthetic Fuels to Keep Classics on the Road

by Ronan Glon (Hagerty) Let’s leave 2020 behind for a moment and travel to 2040. Government regulations have escorted the internal combustion engine off of the global stage, every car sold new is powered by either electricity or hydrogen, and you’re still holding on to the stunning 912 your grandfather purchased in 1967. As it stands, taking it for a spin without replacing the flat-four with an electric motor will be difficult. Porsche has a promising alternative solution: Synthetic fuels.

“We believe that synthetic fuels produced with 100% renewable energy have the potential to be an important element [in the future]. For this reason, we are conducting research and development activities,” Porsche CEO Oliver Blume told Hagerty. “70% of the cars we have ever built are still on the road, and for many years to come there will be cars powered by combustion engines,” he added.

Although the project is at the embryonic stage, Blume sketched the outline of a fuel made by producing hydrogen, capturing carbon from the air, and combining these two elements to end up with methanol, which is then transformed into a substitute for gasoline.

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Synthetic fuel offers a major advantage over, say, pure hydrogen: It doesn’t need to be cooled or pressurized during transport.

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“The only problem we still have is price, which is still higher than 10 dollars per liter,” Blume explained. For non-metric minds, a liter represents roughly a quarter of a gallon, so that’s about $37 per gallon. His team is working on bringing costs down to below $2 per liter.

In the meantime, development work is ongoing, and early test results are promising.

“We already have a pilot [program] running historic 911s, from the 993 series, with very good results. We’re also looking for partners. They’ll take care of the technology, and at the end they’ll produce the fuel. Our task will be to find the right specifications so that these fuels will be able to run in our combustion engines,” Blume said.

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“I think we need some years to drop the price, and a very realistic prognosis is that our synthetic fuel could be available to the public in about 10 years. ... " READ MORE