International Energy Agency (IEA) Report on India’s Ethanol Consumption

International Energy Agency (IEA) Report on India’s Ethanol Consumption

Question: As par recent International Energy Agency (IEA) report India may surpass which of the flowing country as the world’s third largest ethanol consumer?
a) China
b) Brazil
c) US
d) None of these
Answer: (a)
Related Facts:

  • As par recent International Energy Agency (IEA) report India may surpass China as the world’s third largest ethanol consumer after US and Brazil by 2026.
  • It should be known that Ethanol demand has tripled in India between 2017 and 2021.
  • Ethanol is one of the principal Biofuel which is naturally produced by fermentation of sugars by yeasts.
  • Ethanol can also be produced by the petrochemical processes like ethylene hydration.
  • Advantage of using Bio-fuel:
  • Meets the Energy security & cuts down the cost of Oil import bill.
  • Ethanol production in factories provides farmers with incentives.
  • It accelerates the transformation towards a clean energy ecosystem.
  • India in 2021 has brought forward its 20% ethanol blending target (current blending of ethanol with petrol is 8.5%) with gasoline from 2025 to 2030.
  • With these decisions India is looking forward of its objective of becoming carbon neutral by 2070.

By – Rajesh Tripathi

Links:-
https://theoutreach.in/india-on-track-to-surpass-china-as-third-largest-ethanol-consumer-by-2026/