Lower-carbon gasoline from natural gas, renewable natural gas and captured flare gas.
Headquarters: Houston, TX | Industry: Energy | Invested: 2021
Nacero manufactures retail-grade gasoline from natural gas, renewable natural gas, and flared gas from 100% renewable power that is a 50% reduction in the lifecycle carbon footprint in today’s cars and trucks. Nacero is building America’s premier energy transition platform, leveraging existing vehicles, markets and infrastructure to accelerate a net-zero carbon future. Nacero Gasoline™ will be sold through a next-generation retail strategy with co-located EV charging.
Transport is a top three carbon emitting sectors. Gasoline needs a scalable climate solution in the decades before electric vehicles are fully adopted. In 2019, US drivers consumed 134 billion gallons of gasoline, and are forecasted to remain at c. 90 billion gallons per year by 2040 alongside EVs.
At scale, Nacero’s facilities are forecast to avoid 300 million tCO2 per year of emissions by shifting 7% of US gasoline production (620,000 bpd) from oil refining. Nacero’s 60% lower Scope 1-3 footprint vs. traditional oil refining shortens the path to decarbonization.