Thursday, March 21, 2019

Energy Conclave
≈≈≈≈≈≈≈≈≈≈≈≈≈
High and growing demand for imported petroleum is sinking the Rupee and derailing India's macroeconomic strength. People are looking for affordable energy. Gadkari says that govt has found many, practical and uniquely Indian solutions. There are plentiful supplies of cheaper domestic alternatives, and it is up to govt, industry, farmers and consumers to get clued up and harvest the opportunities.

▐ Ethanol blending from sugarcane & foodstuffs▐
-------------------------------------------
Govt has allowed sugar cane juice and B-molasses to be diverted to manufacturing ethanol, rather than the use of just sugar by-product (C-molasses). To improve supplies, ethanol prices were fixed higher at Rs 43.5 per litre (▲Rs 3) from C-molasses & Rs 47.5 from B-molasses (new). It also lowered GST on ethanol from 18% to 5%. Govt has allowed ethanol to be directly processed from corn, cassava and other starch-rich foods.

Oil marketing co. bought 665m litres of fuel ethanol in 2016-17, for 2.1% blending and saved Rs 1,750cr in FX. For 2018, procurement is much higher at 1.58b litres. For 10% blending (as per current mandate) & 10%pa growth in demand, sugar mills should be contracted for 3.8b litres of ethanol for 2019. Net 2.2Bb litres if taken from B-molasses will reduce sugar production by 3.5m tonnes. This is equal to half of last year's sugar surplus.

▐ Shift to non-food sources of ethanol▐
-------------------------------------------
Govt says India has 2G ethanol technology, and 2G ethanol is now commercially viable at $70 per barrel. It is ramping up 2G ethanol production from lignocellulose by targeting 1 billion litre 2G ethanol capacity via Rs 5000cr subsidy. VGF provides 20% cost or Rs 50 per litre capacity (up to max Rs 150cr). States & PSUs can top-up with grant of 20% costs.

To encourage investment, govt has published blending targets of 20% for petrol and 5% for diesel by 2030. It says, with expected petrol demand of 50b litres, fuel ethanol production would have to scale to 10b litres, or Rs 50,000cr at current prices. 5% blending of diesel, at 150b litres demand will result in Rs 40,000cr bio-diesel business.

▐ Working in synergy with farming▐
-------------------------------------------
Biofuel policy will facilitate supply of large quantities of biomass from farmers to the industry. Key is the sustainable production and happy accommodation along the value chain.

One aim is to boost farmer's incomes. It does this by allowing the use of damaged farm produce and other starch-containing materials such as corn, cassava, and sugarcane. It promotes processing of crop residues like rice straw, cotton stalk, castor stalk, bagasse and bamboo. It advocates cultivation of oilseeds and biomass on marginal lands, as inter-crop and as second crop. To this end, it obliges Govt and industry to assist with irrigation, drip irrigation, seeders and harvesters, seeds and know-how. It will help boost farmer's incomes because it assures farmers of good off-take of crops and crop residue. State agri research centres will research all aspects of biomass cultivation.

The policy's other aim is to create a favourable climate for biofuels infra and R&D. It does this by creating enabling infra, grants for new infra, hand-holding by PSUs, adoption of new technologies, better procurement prices, higher blending targets, raising demand through policies (eg in barges, city buses), etc.

▐ Methanol blending in petrol @ 15%▐
------------------------------------------
Methanol appears to be an ideal blending fuel: It is much cheaper, less polluting and saves on FX. By virtue of costing just Rs 20/litre, 15% methanol blended petrol will be 10% cheaper. 20% replacement of crude oil by methanol can save 40% of pollution. 15% blended fuel in transportation and cooking can save $100b pa of FX by 2030. Niti Aayog is coordinating efforts to bring methanol blended petrol to the marketplace. As of now, a stable workable blend of 15% methanol has been identified. Testing is being done to define guidelines & specify tweaks for existing vehicles. These may amount to minor tweaks, as the auto industry reckons India's car fleet can tolerate 20% blend of ethanol & methanol. Govt is running 3 research projects to perfect commercial production of methanol from coal. Separately two pilot projects will trial methanol production in WB & Jharkhand.

1. https://economictimes.indiatimes.com/news/economy/agriculture/government-notifies-ethanol-making-directly-from-sugarcane-juice-b-molasses/articleshow/65161412.cms
2. https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-proposes-new-bio-ethanol-policy-to-spur-rs-5000-crore-investments/61755856
3. https://energy.economictimes.indiatimes.com/news/oil-and-gas/indias-bio-fuel-industry-set-to-become-rs-1-lakh-crore-market-pradhan/61755756
4. http://indiaclimatedialogue.net/2018/07/25/indias-new-biofuel-policy-to-amplify-clean-energy-use/
5. https://economictimes.indiatimes.com/industry/energy/oil-gas/niti-aayog-may-test-drive-plan-to-run-petrol-cars-on-15-methanol/articleshow/65251618.cms

Report on Gadkari video
https://www.newsx.com/health-and-environment/newsx-energy-conclave-nitin-gadkari-says-modi-government-is-atleast-5-times-better-than-upa
Shared publicly

No comments:

Post a Comment