Green Methanol

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.
• 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