Pre-pandemic we were consuming roughly 5 million barrels a day of oil. It is going to go up to 9 million barrels if we want to become a $10-trillion economy, says energy expert Narendra Taneja.
Use of 100% ethanol as fuel has been mulled for a very long time. How long would it go in cutting down our crude import bill because there is also the fact that not too many automobiles are compatible with ethanol as opposed to regular petrol or diesel or fuel?
It is a very good idea as part of the efforts to reduce dependence on oil imports but would it make a very significant difference? The answer is no because we are a great producer of ethanol but at the same time if we start consuming ethanol for everything, we will end up becoming import dependent for ethanol also. We are already importing quite a bit.
Recent Posts
K Line signs B100 biofuel supply contract World Fuel services
Genevos joins H2-SEAS consortium in hydrogen project
Mitsui invests to support sustainable shipping
Chinese biofuel makers investing in SAF to cut emissions
Researchers find liquid lithium more efficient than hydrogen
Reliance eyes to access to PSU oil companies’ ATF pipeline
Hanaria ship powered by hydrogen and biodiesel passes certification
IAEA head calls for a roadmap for nuclear energy