Global Centre for Maritime Decarbonisation (GCMD)’s Post

I've been monetizing CO2 for a long time - mostly indirectly, via performance/efficiency/reliability gains, as well as energy and water reduction projects in my petrochemical clients' facilities. In order to monetize something, you need to be able to certify - whether it's through empirical measurement or some kind of scheme (which is usually based on a benchmark empirical measurement carried out with some frequency). Fuel has been a borderline commodity market for a long time - the end user gets a seamless experience that what they're putting in their engine meets a minimum specification overseen by global/national class societies (ASTM etc). The main difference between the various brands is usually what cocktail of additives (key products from my previous employers) are blended to that baseline product to keep their customer base coming back for more. Generally speaking for the average consumer, 10-15% difference in engine efficiency isn't worth a 6-15p/liter price increase... but for specialty vehicles and fleet managers, those performance boosts certainly add up proportionate to the mileage covered. As we move to renewable fuel sources, customers are no longer just looking at the performance impact of what they're buying - they're also actively factoring in the CO2 footprint of their energy sources. To maintain integrity and trust with the public, fuel vendors need to be vigilant that what they're selling is actually what's on the label. I'm having a lot of fun digging into the issue of provenance at it pertains to the CO2 footprint of fuel sources- this is something HutanBio will have to make decisions on as we scale up operations and work with bunkering companies. Have you got any recommended reading for me? #FuelingOurFuturePlanet

#Namaste #Indian #Sugar #Mills #Association (ISMA) has presented a forward-thinking plan to the government: **transform sugar mills into bio-refineries**. Here are the key points: - #Objective: Boost production of #sustainable #aviation #fuel and other #green #energy sources. - #Policy #Framework: ISMA representatives discussed this transition with Food Minister Pralhad Joshi. - #Beyond #Ethanol: The plan expands beyond current ethanol, bioelectricity, and biogas production. - #International Goals: Aligns with international aviation blending targets (#CORSIA mandates) for 2027. - #Farmer #Incomes: Aims to create alternative markets for India's **55 million sugarcane farmers**. - #Energy #Security: Expected to set new benchmarks and strengthen India's energy security. Sugar industry body proposes bio-refinery transition plan to govt. https://lnkd.in/ddw3ZbJn.

𝐁𝐢𝐨𝐝𝐢𝐞𝐬𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 For More Information: https://lnkd.in/dKGSD8Gh #Biodiesel is a sustainable biofuel used to #powervehicles to reduce the carbon #footprint from the #transportation sector. Government institutions such as the #Environmental Protection Agency have set various regulations for the application of #biofuels. Biodiesel also known as biofuel can be produced from plant sources such as algae, #wasteoils, #palmoil, and camelina; from solid biomass using a #chemical process called #transesterification which converts #natural fats and oils into fatty acid methyl esters or biodiesel. High-quality biodiesel is produced from rapeseed, however, most of the biodiesel is produced from waste vegetable oils obtained from chip shops, restaurants, and industrial food producers. Key Market Players ESSO ITALIANA SRL,Eco Fox Srl, Kolmar, Tamoil Italia S.p.A., bp.l.c., Cargill Incorporated, ITAL BI-OIL S.R.L., Eni S.P.A., Bunge, MASOL CONTINENTAL BIOFUEL S.R.L., Saras S.p.A., Italiana Petroli S.p.A. By Feedstock Recycled Cooking Oil Animal Fats Cashew Nutshell Liquid (CNSL) Distillation Residues Fatty Acids Palm Oil Mill Effluent (POME) Spent Bleaching Earth Oil (SBEO) By Application Automotive Aviation Marine Power Generation

Palm Oil Market Surge: Growth Projection and Emerging Trends The global palm oil market is on a trajectory of substantial growth, set to expand by a staggering USD 50.26 billion from 2023 to 2027, reveals a recent report. With a projected compound annual growth rate (CAGR) of 9.63% during this period, palm oil's versatility in various industries, including food, cosmetics, and biofuels, underscores its significance. The rise in demand for sustainable production methods and the exploration of new growth avenues, such as biodiesel, further highlight the market's dynamism and potential. Read more at: https://lnkd.in/gYxBj_z7 #PalmOilMarket #GrowthProjection #SustainableProduction #Biodiesel

A surge in imports of used cooking oil (UCO) and other biofuel feedstocks is having an impact on the US soyabean sector, Farm Progress reported from a Bloomberg report. #usedcookingoil #biofuels #biofuelfeedstocks #USsoyabeansector #UCOimports

This is an important example for all countries that aspire to decarbonize and depend on crude oil import. If done properly, benefits for the country and currency are huge. South Africa should consider the same and on a much larger scale.

Government of India (#GoI) has formulated the National Biofuel Policy (2022) with an ambitious target of #E20 i.e. 20% Ethanol Blended Petrol (EBP) programme, and undertook the various interventions to boost this sector. However, due to an acute shortage of grains (both broken rice and maize), over the past 12 months this sector is facing an existential crisis, which could threaten the viability of grain-based DEPs🌾⛽ and imperil GoI’s ambitious biofuel targets🎯 Read More: 🔗 https://lnkd.in/g-p-pGhH #EthanolCrisis #BiofuelChallenges #GrainShortage #EthanolIndustry #MaizeEthanol #BiofuelPolicy #SustainableEnergy #FCIPolicy #AgricultureCrisis #EthanolBlending #RiceShortage #RenewableEnergy #GoIPolicy #EnergySecurity #BioEnergyTimes #ChiniMandi #NCCF #NAFED #Feedstock Grain Ethanol Manufacturers Association

𝗕𝗶𝗼𝗳𝘂𝗲𝗹𝘀 𝗙𝗮𝗰𝘁𝘀𝗵𝗲𝘁 by UM-Center for Sustainable Systems, University of Michigan Biofuels, primarily #ethanol and #biodiesel, are liquid fuels produced from #renewable biological #sources, including plants, animal fat, and algae. Biofuels have the potential to reduce the #energy and #greenhousegas emission intensities associated with #transportation, but can have other significant effects on #society and the #environment. Depending on #demand, crop growing #conditions, and #technology, they may require significant increases in #cropland area and irrigation #water use, and can affect #food #prices. #Patterns of #Use Production 🔴 Ethanol, an alcohol blended with gasoline for vehicle fuel, is the most produced (82%) and used (75%) #biofuel in the U.S 🔴 The #US and #Brazil produced 80% of the world’s ethanol in 2022.3 94% of U.S. ethanol is derived from corn, while Brazil uses sugarcane as #feedstock. 🔴 In the 2023/24 season, 5.4B bushels of corn, 37% of the U.S. corn supply, were used as ethanol feedstock. 🔴 Cellulosic ethanol is made from feedstocks including corn stalks, plant residue, waste wood chips, and switchgrass. Making ethanol from these sources is more difficult because cellulose does not break down into sugars easily. 🔴 The U.S. had no commercial cellulosic ethanol production8 as of 2022. 🔴 Biodiesel accounted for 9% of U.S. biofuel #production in 2022. Biodiesel can be made from animal fats, grease, vegetable oils, and algae. In the U.S., soybean oil, corn oil, and recycled cooking oils are common feedstocks. Algae could potentially produce 10 to 100 times more fuel per acre than other crops. Biodiesel from algae is an area of ongoing research. 🔴 In 2022, the U.S. had 187 #ethanol #refineries and 59 #biodiesel production #plants. Many biodiesel #producers are reliant on federal tax credits and remain sensitive to feedstock (soybean oil) and energy (petroleum) prices. The Inflation Reduction Act (#IRA) reinstated and extended several biofuel tax incentives through 2024. The download link of the fact sheet is below: https://lnkd.in/d5xSeDZm

📰 Our latest News Review covering updates from across the #biofuels sector is now available. 📈 📊 Data from International Grain Council (IGC), as reported by Germany’s Union for the Promotion of Plants and Protein (UFOP), show that global biodiesel and hydrotreated vegetable oil (HVO) production has recorded a 11% increase in 2023, reaching 71.5mln tonnes. The countries with the largest production volumes are USA, Brazil and Indonesia with all three combined accounting for almost 60% of total global production; 25% higher in comparison to a decade earlier. In 2024, biodiesel production is expected to reach a high of 76.3mln tonnes, exceeding the previous year’s output by 7%. 🌎 The reported increase in U.S.-based production is thought to have been mainly driven by federal and state policies aimed at reducing emissions, such as the Renewable Fuel Standard and the California Low-Carbon Fuel Standard. However, this has inevitably caused significant shifts in domestic and global feedstock trade. The country has intensified imports of animal fats and vegetable oils to use as feedstocks for renewable diesel production, as well as to backfill other feedstocks like soybean oil that have been diverted to renewable diesel. Domestically, soybean processing (i.e., crushing) capacities have expanded to produce more oil, which were rendered possible by profits from high soybean oil prices and strong crush margins. However, the U.S. is still unable to compete with cheaper Brazilian soybean oil and decreased demand from China are dampening export potential. 🍳 🛢 Concerns have recently been raised both in Europe and the U.S. over the amount of used cooking oil (UCO) required to meet current demands for SAF and biodiesel production. T&E reports that ‘European countries consumed 8 times more UCO than they collected and 4 times more than their maximum potential in 2023’. To fill the gap, both are importing increasingly more UCO from China, as well as Indonesia and Malaysia; however as airlines grow their SAF usage, demand is outstripping what can be sustainably collected. 💡 Read our Review to discover more about these and other recent news in the biofuels sector. #biodiesel #HVO #data #renewable #fuel #USA #Brazil #UCO #EU #SAF #airline #soybean https://lnkd.in/ew5DHSHG

This interesting article authored by Dr. Sunil Kumar of Veritas Petroleum Services (VPS) delves into the intricate cold flow characteristics of biodiesel blended petroleum distillates. With VPS’s unparalleled expertise in the maritime industry spanning over four decades, their study sheds light on the challenges posed by blending biodiesel with traditional fuels. Biodiesel, MGO, VLSFO, and HFO share a common characteristic: the presence of polymethylene groups influencing cold flow properties. The severity of low-temperature flow centers on the amount of heavier paraffins present, with longer polymethylene chains exacerbating the impact. Biodiesel, while advantageous in many respects, falls short in cold flow performance, prone to wax crystallization in colder climates, leading to potential filter blockage and potential engine damage. The composition of these fuels, particularly the presence of saturated and unsaturated paraffins, significantly affects their cold flow properties. Different feedstocks for biodiesel production yield varying performance in low temperatures; for instance, palm oil-based biodiesel fares worse than soybean-based biodiesel due to differing paraffin characteristics. #bunkering #energy #shipping #marine #maritime #petroleum #shipowners #decarbonization #technology #digitalization #energytransition #sustainable #oilandgas #cleanenergy #carboncapture #ports #greenenergy #greenshipping #netcarbonzero #society #sustainability #bunkermarket #europe #usa #uk #canada #uae #netherlands #denmark #norway #sweden #singapore #japan #vps #veritaspetroleumservices #biodiesel #biofuelbunkering #clodflow https://lnkd.in/deju_Azb