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In News
- Recently, the NTPC (National Thermal Power Corporation) has signed a non-binding MOU with Tecnimont (Italy) to explore production of green methanol.
- The green methanol project involves capturing carbon from NTPC power plants and converting it into a green fuel.
- NTPC comes under the ministry of power.
Green methanol
- About:
- Green methanol is a low-carbon fuel that can be made from either biomass gasification or renewable electricity and captured carbon dioxide (CO2).
- Applications:
- The green methanol has a wide range of applications:
- Serving as a base material for the chemical industry
- Storing renewable electricity
- Transportation fuel.
- Maritime fuel: It is also considered as a substitute fuel for maritime fuel applications.
- Automotive industry: Methanol can be blended with gasoline in low-quantities and used in existing road vehicles, or it can be used in high-proportion blends such as M85 in flex-fuel vehicles or M100 in dedicated methanol-fuelled vehicles as a substitute for gasoline or diesel.
- The green methanol has a wide range of applications:
- Key benefits:
- Low-emission fuel can be made from a variety of sources which will help reduce imports.
- It will significantly contribute to India’s energy transition.
Source: FE
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