NatureJoules’ Post

View organization page for NatureJoules, graphic

3 followers

𝐈𝐧𝐝𝐢𝐚'𝐬 𝐁𝐢𝐨𝐟𝐮𝐞𝐥 𝐏𝐨𝐥𝐢𝐜𝐲: 𝐀 𝐁𝐫𝐢𝐞𝐟 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 India's National Policy on Biofuels, introduced in 2018, outlines the country's strategic approach to biofuel production and utilization, aiming to enhance energy security, reduce greenhouse gas emissions, and promote sustainable development. Here are the key elements of the policy: 𝑪𝒂𝒕𝒆𝒈𝒐𝒓𝒊𝒛𝒂𝒕𝒊𝒐𝒏 𝒐𝒇 𝑩𝒊𝒐𝒇𝒖𝒆𝒍𝒔: 𝙱𝚊𝚜𝚒𝚌 𝙱𝚒𝚘𝚏𝚞𝚎𝚕𝚜: First-generation biofuels like ethanol and biodiesel. 𝙰𝚍𝚟𝚊𝚗𝚌𝚎𝚍 𝙱𝚒𝚘𝚏𝚞𝚎𝚕𝚜: Second-generation biofuels such as ethanol from agricultural residues, bio-CNG, and other advanced technologies. 𝑭𝒆𝒆𝒅𝒔𝒕𝒐𝒄𝒌 𝑫𝒊𝒗𝒆𝒓𝒔𝒊𝒇𝒊𝒄𝒂𝒕𝒊𝒐𝒏: Encourages the use of various feedstocks, including non-food sources like agricultural residues, industrial waste, and municipal solid waste, to avoid competition with food crops. 𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑰𝒏𝒄𝒆𝒏𝒕𝒊𝒗𝒆𝒔: 𝚂𝚞𝚋𝚜𝚒𝚍𝚒𝚎𝚜 𝚊𝚗𝚍 𝚃𝚊𝚡 𝚁𝚎𝚍𝚞𝚌𝚝𝚒𝚘𝚗𝚜: Financial support to reduce the cost of biofuel production. 𝚅𝚒𝚊𝚋𝚒𝚕𝚒𝚝𝚢 𝙶𝚊𝚙 𝙵𝚞𝚗𝚍𝚒𝚗𝚐: Provides funding to cover the difference between the cost of biofuel production and the market price. 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝒂𝒏𝒅 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕: - 𝙸𝚗𝚗𝚘𝚟𝚊𝚝𝚒𝚘𝚗 𝙶𝚛𝚊𝚗𝚝𝚜: Funding for R&D in advanced biofuel technologies to improve efficiency, cost-effectiveness, and sustainability. - India has set up several advanced bio-refineries with a production capacity of 2G ethanol, including a major refinery in Panipat, Haryana, inaugurated in 2022 with an annual production capacity of 100 kiloliters. 𝑺𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒊𝒍𝒊𝒕𝒚 𝑺𝒕𝒂𝒏𝒅𝒂𝒓𝒅𝒔: - Ensures biofuel production adheres to environmental sustainability criteria, reducing lifecycle greenhouse gas emissions and protecting biodiversity. - The policy estimates that the use of ethanol-blended petrol could reduce CO2 emissions by 19 million tons annually. 𝐊𝐞𝐲 𝐅𝐚𝐜𝐭𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: 𝐉𝐨𝐛 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧: The biofuel sector has the potential to create around 700,000 jobs, particularly in rural areas. 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐈𝐦𝐩𝐚𝐜𝐭: By 2030, the biofuel policy aims to generate an additional revenue stream of INR 1 trillion (~USD 13 billion) for farmers by utilizing agricultural residues. 𝐄𝐧𝐞𝐫𝐠𝐲 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲: The policy aims to save around INR 30,000 crore (~USD 4 billion) in foreign exchange annually by reducing oil imports. India's biofuel policy aims to create a robust biofuel sector, contributing to energy independence, rural economic development, and environmental sustainability. The strategic focus on second-generation biofuels, in particular, leverages India's agricultural and industrial waste, supporting a circular economy and enhancing overall energy security. #NatureJoules #AdvaitaBiofuel #SustainableEnergy #GreenEnergy #CleanEnergy #2GBiofuel #Biofuel

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics