Power-to-liquids
are a class of liquid drop-in fuels produced from
electricity and carbon dioxide as the primary process inputs, which
have the potential to reduce transportation’s climate impacts.
We quantify the economic and life cycle environmental characteristics
of four electrofuel technology pathways that rely on the Fischer–Tropsch
synthesis but produce synthesis gas via different schemes: power-to-liquid
(PtL) via electrolysis and a reverse water gas shift (RWGS) reaction;
PtL via co-electrolysis; gasification of biomass-to-liquid (BtL);
and a hybrid power- and biomass-to-liquid (PBtL) pathway. The results
indicate that the hybrid PBtL pathway is the most environmentally
and economically promising option for electrofuel production, with
results highly dependent on input electricity source characteristics
such as cost and emissions. The carbon intensities of electricity
generation that must not be exceeded for electrofuels to have lower
life cycle emissions than conventional diesel are 222, 116, and 143
gCO2e/kWh for PBtL, PtL electrolysis + RWGS, and PtL co-electrolysis,
respectively. We characterize the PBtL pathway in more detail by combining
spatially resolved data on biomass cultivation, electricity generation,
and cost-optimized hydrogen production from renewable electricity
in the United States (US). We find that the private emissions abatement
cost for PBtL fuels varies between 740 and 2000 $/tCO2e,
depending primarily on the location of fuel production.