Green methanol industry development status and prospect analysis
The global green methanol industry is on the fast development track,the annual production capacity is expected to expand rapidly from 500,000 tons in 2023 to 19.5 million tons in 2028,and electrolytic methanol may become the mainstream production method of green methanol in the future.Future cost reduction potential of biomass-based methanol production will be relatively limited and the cost reduction space for electrolytic methanol production will be larger.Green chemical raw materials may become the basis for the development of green methanol application prospects.China has initially built a green methanol industry ecosystem and electric power and chemical companies have their own investment intentions for green methanol against the background of market demand,alternative scenarios,and technology routes have yet to be fully defined.There are such uncertainties in the global green methanol industry as relatively stringent certification standards,the market risk of supply exceeding demand in the short term,and the unsustainable behavior of shipping giants who pay a super high premium for green methanol fuel.It is recommended to promote the introduction of China's green methanol certification standards,explore the establishment of government support policies for green methanol,and highlight the leading role of industry leaders in strengthening a strong supply chain.
green methanolcertification standardscostmarine fuelproduction methods