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COFCO Group’s 200,000 tons per year fuel ethanol project in Guangxi has been completed and put into operation; it produces ethanol using cassava as raw material, which is then added to gasoline. Please share some information on the overview of this project as well as the future prospects for fuel ethanol.
There were many related reports two years ago, but now there’s no news at all – are they making big profits in secret?
Fuel ethanol is now a matter of great importance worldwide, and significant breakthroughs are likely to occur in the near future
It is still driven by a planned economy system, with private enterprises having almost no chance to get involved. It can only be liberalized if it still yields good economic benefits under market conditions. Technological progress in this area becomes crucial!
Based on various sources of information, it appears that the development of fuel ethanol may have reached a bottleneck at present. Economic constraints limit its use, and further research is needed to understand its impact on engine performance. As for social issues, the main one associated with it is the food problem; only by resolving these two issues can fuel ethanol see better development and broader application
The calorific value of fuel ethanol is not as high as that of gasoline, and most drivers are well aware of this: driving the same distance costs more in terms of fuel expenses compared to using gasoline. A pilot project was carried out in Hubei in the past; I don’t think there are any updates on it now, and it seems that this fuel isn’t effective
The market is much less active now; in the first half of the year, gas stations still had ethanol-blended gasoline, but it seems to be unavailable these days. It’s actually a matter of the calorific value of combustion. I wonder if the key technologies are already at a very advanced level? I’m from Nanning. Stay tuned!
Is it because the source of raw materials is restricted, causing abnormal operation?
As long as oil prices drop back to $40 per barrel, fuel ethanol won’t have much of a promising market ahead. The high oil prices in the past were due to speculation, which is what drove the boom in the fuel ethanol market; in fact, its cost is much higher than that of oil. Given China’s situation of limited land and food shortages, it is not suitable to use it merely as a fuel source
There are two main issues: 1. the issue of efficiency, and 2. the environmental protection issue; actually, it’s still the issue of efficiency
10# jlchina is mainly driven by energy strategy considerations, so as to not be entirely dependent on others