Green Methanol

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    • 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