Photoelectrochemical (PEC) system for the reduction of CO2 into liquid fuels of formaldehyde/acetaldehyde, methanol and ethanol with trace amount of hydrogen gas bubbling have been described in the aspect of thermodynamics and kinetics of the CO2 reduction reaction to have efficient method by lowering activation energy of CO2 reduction on the electron transfer reaction and to do reduction potential tuning of CO2 reduction reaction for the selective reduction products. Ca/Fe doped TiO2 photoanode oxidizes water and generates the large amount of O2, electrons and protons. On the other side, rGO(reduced graphene oxide)/PVP(poly(4-vinyl)pyridine)/Nafion multi-layers have been coated and fabricated on the surface of Cu foil cathode to reduce CO2 into formaldehyde and acetaldehyde. When solar light was irradiated on the surface of photoanode, electrons get excited to the conduction band of Ca/Fe doped TiO2 and transported to the cathode via external wire with low external bias potential. rGO on Cu foil has been used for the dual functions of reduction potential tuning and multi-electron shuttling process of CO2 reduction reaction. The multi-electron shuttling function was illuminated by larger number and longer life-time of excited electrons and generating electron cloud, which have been confirmed by time-resolved photoluminescence (TR-PL) decay curves and 2D time-resolved photoluminescence (TR-PL) mapping images of Cu/rGO electrode. This allows the sequential multi-electron transport process from Cu/rGOcathode to CO2, which was studied with time-resolved chronoamperometry. N-heterocyclic poly(4-vinyl)pyridine (PVP) helps to capture and do chemical activation of reactant CO2 molecule by complexation as [PVP-CO2*] complex via charge separation and lowering transition state energy level of the electron transfer for the formation of anion radical of carbon dioxide complex with PVP as [e- + PVP-CO2*]≠ complex via electron delocalization, which is basically possible due to high basicity of lone pair electrons of nitrogen atoms of N-heterocyclic PVP compounds. These functions result in the lowered activation energy for the CO2 reduction reaction to have faster kinetics. The decreased amount of activation energy was determined with Tafel plots by measuring the slopes of it and semicircles of the electrochemical impedance spectroscopy (EIS) Nyquist plots at different temperatures. Nafion film coated on the surface of cathode assists the faster transport of H+ ions to CO2 reduction reaction sites for the simultaneous one-pot reaction of proton coupled electron transfer reactions. In the photocataytic system with semi-conducting polymers, CO2 was conversed into liquid solar fuels like formaldehyde and alcohols with solar to fuel efficiency over 2.5% to produce liquid fuel products over mM concentration for 4 hour reaction. Chang Woo Kim, So Jin Yeob, Hui-Ming Cheng, Young Soo Kang*, Selectively Exposed Crystal Facet-Engineered TiO2 Thin Film Photoanode for the Higher Performance of Photoelectrochemical Water Splitting Reaction, Energy and Environmental Sciences. 2015, 8, 3646.Amol U.Pawar, Chang WooKim, Myung Jong Kang, Young Soo Kang*, Crystal facet engineering of ZnO photoanode for the higher water splitting efficiency with proton transferable nafion film, Nano Energy 2015, 20, 156.Chang Woo Kim, Young Seok Son, Myung Jong Kang, Do Yoon Kim, Young Soo Kang*, (040)-Crystal Facet Engineering of BiVO4 Plate Photoanode for Solar Fuel Production, Energy Mater., 2016, 6, 1501754.Jin You Zheng, Amol Uttam Pawar, Chang Woo Kim, Yong Joo Kim, Young Soo Kang*, Highly enhancing photoelectrochemical performance of facilely-fabricated Bi-induced (002)-oriented WO3 film with intermittent short-time negative polarization, Applied Catalysis B 2018, 233, 88.Chang Woo Kim, Myung Jong Kang, Sohyun Ji, and Young Soo Kang*, Artificial Photosynthesis for Formaldehyde Production with 85% of Faradaic Efficiency by Tuning the Reduction Potential, ACS Catalysis 2018, 82, 968-974.Myung Jong Kang, Chang Woo Kim, Amol U. Pawar, Hyun Gil Cha, Sohyun Ji, Wen-Bin Cai, and Young Soo Kang*, Selective Alcohol on Dark Cathode by Photoelectrochemical CO2 Valorization and Their in-situ Characterization, minor revision, ACS Energy Lett. 2019, 4, 1549.Hong Ryeol Park, Amol Uttam Pawar, Umapada Pal, Tierui Zhang, Young Soo Kang, Enhanced solar photoreduction of CO2 to liquid fuel over rGO grafted NiO-CeO2 heterostructure nanocomposite, Nano Energy, 2021, 79, 105483.Amol U. Pawar, Umapada Pal, Jin You Zheng, Chang Woo Kim and Young Soo Kang*, Dynamics controlled CO2 reduction on Cu/rGO/PVP/Nafion multi-layered cathode for selective production of Acetaldehyde and Formaldehyde, Applied Catalysis B: Environmental, 2022, 303, 120921.