Investments in sustainable fuels—which include biofuels such as hydrotreated vegetable oil and synthetic fuels such as ammonia or methanol—are gaining momentum. A pipeline of $40 billion to $50 billion of total investment in sustainable fuels is planned, with 46 million metric tons of capacity projected by 2025.
![Fuels of the future?](/~/media/mckinsey/featured%20insights/charting%20the%20path%20to%20the%20next%20normal/2022/sept/gifs/cod-globalenergy-v11-ex4-vc-shrunk-timed.gif)
To read the article, see “Charting the global energy landscape to 2050: Sustainable fuels,” July 7, 2022.