Substitute for Crude Oil: Methanol, A Future Substitute for Crude Oil
Substitute for Crude Oil, According to the Environmental Report, there are 15 Top most Polluted cities in the world, and Unfortunately 14 Cities are in India.
Did we think about why it is so? Why our country is getting polluted day by day, currently we are not taking it seriously but we should think about it before it’s too late.
The Government of India is running so many campaign and advertisement related to the environment awareness, and everyone in our country is only discussing about pollution, no one is taking a single step to save environment.
No one likes car pooling, sharing there own vehicles, or use public transport to save environment from Pollution, we are 3rd Largest country in the world, uses petrol and Diesel. The Government of India Investing 6 Lakh Crore Rupees in Import of Crude Oil, as the demand Increasing day by day.
Substitute for Crude Oil, According the NITI AYOG of Indian, Methanol will be the substitute of Crude Oil in the coming future, Normal methanol can be used as Liquid fuel and Di-Methyl Ethyl is the Evaporate form of Methanol, which will be used as a gas in LPG.
According to the road transportation of Indian, we need 2900 Crore Litre Petrol and 9000 crore Litre diesel in our Country. If we talk about the Methanol, then currently china is the largest producer of Methanol around world.
In India we use methanol for Racing cars, and the Government of India is Planning to reduce the Import of Crude Oil by 10% Till,2022. On the other hand , India Imports 9% Methanol from China.
If we start producing methanol by using coal and Biomass in our country , then the producing cost of methanol will be Rs. 19/ Litre.
Currently Israel and Italy is using M15 tools and strategy, where they use 15% Methanol and 85% Crude Oil for there energy products, and in future they are planning for M100.
Indian has installed a capacity of 12 MT plant for methanol production, but they are planning to expand the capacity by 20MT till 2022 and 30 MT till 2030.
As the demand of Methanol is Increasing continuously, so the cost of Methanol is also Increasing,
according to the research the prices of methanol is increased by Rs. 15 within a year.
Hopefully the prices of Methanol will quite decrease after the expansion of Methanol Plant in India, but its totally depend upon the methanol future demand.
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