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Analysis of The Current Situation of Ethanol Gasoline

ECHEMI 2021-12-23

In 2021, the new ethanol production capacity will be Anhui Haoyuan Chemical, Henan Liyuan New Energy, Ningxia Shoulangjiyuan New Energy, etc., and the market supply capacity will grow steadily. However, there is still a considerable gap between the fuel ethanol supply required for full promotion. According to the data monitoring of Jinlianchuang, the annual output of gasoline in 2021 is estimated to be 1.5 billion tons. According to the 10% addition ratio, there will be a huge shortage of fuel ethanol in the future. Now the annual output is only about 9,352,500, which is far from the balance of supply and demand.

 

The reasons for the slowdown in the promotion of fuel ethanol are as follows. First, nearly 87% of the bioethanol content in my country is corn. The domestic stock of corn has plummeted and the production capacity is limited, which has led to an increase in the price of ethanol, and thus ethanol. The price of gasoline has also risen rapidly, and the phenomenon of price upside-down has appeared. Second, due to the 2020 COVID epidemic, alcohol products have become a product that is in greater demand by the public, and consumption is also high. In order to be able to use more alcohol to fight the epidemic, ethanol gasoline was stopped. Third, compared with traditional fuel oil, the shelf life of ethanol gasoline is generally about 15 to 30 days. If it is parked for too long, the ethanol in the gasoline will volatilize, which will affect the quality of the gasoline, and then affect the normal operation of the engine.

 

At present, there is insufficient awareness and promotion of ethanol gasoline in various places. The promotion and use of ethanol gasoline for vehicles is a systematic project that requires the close cooperation of relevant functional departments of the central government, local governments, petroleum companies, fuel ethanol companies, etc. However, the current implementation situation varies from place to place, and there are no new fuel ethanol projects in some places. , The need for inter-provincial convergence has led to insufficient power for the government to promote ethanol gasoline for vehicles.

 

On the whole, the promotion of ethanol gasoline in China will be postponed in 2021, but if you want to develop ethanol gasoline well, you should continue to plan for the issue of fuel ethanol raw materials under the principle of ensuring that people's supply is met. In the next few years, in addition to compulsory use in the provinces, cities and regions that have been promoted, and in recent years, the current implementation areas will be maintained, or large-scale continuous expansion will no longer be carried out. However, on the road of renewable energy development, my country has been trying and adjusting. Although the promotion of ethanol gasoline is tortuous, it is still worth looking forward to.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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