Reuters reports that BP’s chief executive for biofuels, Mario Lindenhayn has said that the latest biofuels policy in Brazil has improved the outlook for ethanol production.
Brazil expects that by 2020 its policy, RenovaBio will be enacted. The policy should face no obstacles and won’ be stopped by the government of President-elect Jair Bolsonaro, Lindenhayn predicts. BP’s Lindenhayn told Reuters, “We are very positive. This is a very important signal the country is giving, creating a stable regulatory environment that will allow companies to invest.”
The RenovaBio policy will instruct distributors to steadily increase the amount of biofuels that they sell. As a result, by 2030 the use of ethanol should be doubled from around 26 million litres to 52 million. Targets to increase the use of other renewables, such as biodiesel are also included in the policy.
According to Reuters, last year BP joined Brazil’s leading global ethanol seller, Copersucar to operate a large fuel terminal located in Paulínia in Sao Paulo state. BP own three ethanol mills in Brazil and between them they crush ten million tonnes of sugar cane a year.
Lindenhayn informed Reuters that the policy focuses on providing opportunity for Brazilian Mills that have experienced stagnation due to years of low sugar prices as well as long periods of subsidised gasoline prices. Both factors led to the closure of firms and mills. He said, “If the programme advances as planned, it will be a large opportunity. There are no greenfield projects around, and the country is a net fuel importer.”
‘World’s first’ zero emission marine biofuel trialed
Trials of the ‘world’s first’ zero emission drop-in marine biofuel have been completed, according to GoodFuels Marine.
According to a statement, the trials of the fungible marine biofuel have been carried out with Norden, a bulker and tanker owner and operator. ‘Hundreds’ of tonnes of GoodFuels’ Bio-Fuel Oil were taken on-board the 37,000 deadweight tonne tanker vessel Nord Highlander as it ran ‘a typical commercial operation’ in the North and Baltic Seas.
GoodFuels claims that its Bio-Fuel Oil delivers near-zero carbon and Sulphur Oxide emissions without any need for engine modifications.
“In our journey so far we have focused on realising the widescale use of bio-marine gas oil (MGO) equivalent biofuel, but for over three years we have been working day and night to develop our BFO solution,” said GoodFuels Marine CEO Dirk Kronemeijer in a statement.
“The importance of its arrival in the market is further underlined by the dual prospect of impending lower sulphur and carbon legislation. Bringing this to market now offers shipping a near-zero carbon and SOx alternative to HFO, and VLSFO – 0.5% blended fossil fuel – both of which will be prevalent in the market post-2020. From this point onwards we want to scale supply as fast as we can in order to actively contribute to the world’s 1.5 degree challenge.”
New regulations have made the search for low emission green fuels increasingly important for the maritime sector. From 1 January 2020 the International Maritime Organisation (IMO) will implement a 0.5%m/m cap for fuel oil used in ships. IMO is also looking to introduce Greenhouse Gas reduction requirements.
“Norden has come a long way in increasing fuel efficiency and has reduced CO2 emissions per tonne cargo transported on owned tanker vessels by 25% between 2007 to 2017. With the newly introduced IMO targets on CO2 reductions, however, it is evident that increased fuel efficiency alone is not enough. We need alternative solutions and with this test, Norden has shown a viable method towards reaching these targets.
“Now that we have proven CO2 neutral transport as a viable alternative, I am convinced many carbon-conscious customers will demand this type of transport within a foreseeable future.”
Sector News7 months ago
Global Carbon Budget 2018: Projected rise in global carbon dioxide of 2.7 percent
Biodiesel8 months ago
As Biofuel Demand Grows, So Do Guatemala’s Hunger Pangs
Biomass8 months ago
Toshiba announces 20 billion yen investment in new biomass plant
Raw material for biodiesel8 months ago
Elior and Bio-bean’s coffee waste solution
Events6 months ago
Moneta Media Group and Mepax signed partnership contract
Biogas8 months ago
Nottingham’s biogas fuelled buses
Sector News8 months ago
UK and IEA call for carbon capture push to meet climate targets
Bioethanol8 months ago
Pakistan and Turkey collaborate on bioethanol research