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Renewable Methanol Report CONCLUSION AND HOW TO FIND OUT MORE Industrial scale production of ultra-low carbon renewable methanol is already happening in Europe and North America. In Asia, the potential for methanol fuel is widely understood by governments and industry, with methanol-powered automotive fleets established in China and a clear determination to explore renewable methanol sources and implement them at scale. Methanol has many applications, both as fuel and as a chemical feedstock to other vital industrial production and manufacturing processes. With a wealth of available renewable feedstocks, from biomass municipal waste to exhaust carbon and power from renewable sources, methanol has shown itself to be a versatile, affordable and stable energy source that’s well suited to use in transportation and industry. It has clear potential to help reduce greenhouse gas emissions if it’s adopted in place of fossil fuels. There’s no magic bullet when it comes to renewable energy. A range of solutions will be needed to meet different consumer, industrial and geographic demands for fuel, heat and power. For example, electrification is an excellent solution to many light-duty, land-based energy demands, but for heavy vehicles and in industries like shipping and aviation, the technology and infrastructure does not currently exist to make this possible. They will continue to require liquid fuels: renewable methanol is one of the most sustainable and cleanest options. The diverse and successful trials in both production and application, along with substantial worldwide commercial investment in renewable methanol technologies, give a clear indicator that renewable methanol will play a significant role in transportation and chemical production in the coming decades. Visit methanol.org to discover more about methanol’s production and application or to get in contact with a sector expert. www.methanol.org/energy/ www.methanol.org/renewable-methanol/ www.methanol.org 25PDF Image | Renewable Methanol Report
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