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New Opportunities for the Development of Biodiesel
Release time：2024-09-12 source：经济日报
Recently, the seminar on promoting the construction of biodiesel pilot projects and the launch meeting for the standard preparation of the "Zero Carbon Energy Certificate Voluntary Certification System for Biodiesel Certification Specification", hosted by the Biomass Energy Industry Branch of the China Association for the Promotion of Industrial Development, was held. This means that China's biodiesel industry is once again welcoming new opportunities for development.
Biodiesel is a type of diesel produced from plant-based materials such as plants and waste oils, and is one of the key pathways for achieving carbon reduction. Compared to petrochemical diesel, the advantage of biodiesel lies in its renewability and environmental friendliness. It can not only completely replace ordinary diesel, but also form a closed loop through the carbon sink of plants or waste without occupying land or competing with humans for food, thereby achieving zero growth in carbon emissions. It can be said that biodiesel is one of the direct and effective means to reduce carbon emissions in the transportation sector. As early as 2009, the European Union implemented the Renewable Energy Directive, which stipulated that the blending ratio of biofuels in the transportation sector would reach 10% by 2020 and 14% by 2030. Under the continuous driving force of mandatory blending policies, the supply of biodiesel has been in short supply all year round.
Tian Ming, General Manager of the Enterprise Management Department of China Shipbuilding Fuel Co., Ltd., introduced that with the implementation of relevant fuel regulations in the European Union, ship owners will face higher environmental requirements and potential penalty risks, which will make them seek more environmentally friendly marine fuels. As a renewable energy source, biodiesel has significant emission reduction effects in the transformation of ship fuels, and due to its compatibility with existing engine systems, it has become the preferred clean fuel during the transition period.
China is an important producer and exporter of biodiesel globally, and biodiesel products have strong competitiveness internationally. Due to the fact that the biodiesel market in China has not yet formed a scale, domestic biodiesel is mostly exported to the European Union. Data shows that China's current biodiesel production exceeds 2 million tons per year, of which 90% is exported. According to statistics from the European Biodiesel Committee, China will export approximately 1.8 million tons of biodiesel to the European Union in 2023, accounting for 90% of China's total exports. Currently, over 80% of the EU's biofuel raw materials rely on imports, with Chinese products accounting for 60%.
Currently, China's biodiesel industry is facing many challenges globally, with the most prominent being the EU's anti-dumping measures against Chinese biodiesel. On August 16th, the EU made a preliminary ruling to impose temporary anti-dumping duties ranging from 12.8% to 36.4% on biodiesel originating in China, which will have a certain impact on China's biodiesel industry.
Many companies have taken corresponding measures. Jia'ao Environmental Protection has issued a statement stating that the temporary tariffs imposed by the EU this time will have a certain impact on the company's biodiesel exports to the EU market. At present, the company is taking measures to actively respond, including but not limited to continuing to process into bio based plasticizers and other products; Actively develop domestic application scenarios for biodiesel and expand the domestic sales market. Longyan Zhuoyue New Energy Co., Ltd., a subsidiary of Zhuoyue Group, stated in an announcement that in 2023, the company's biodiesel will mainly be sold to the European market, accounting for more than 90% of the export market. The company will accelerate its international layout and initially plan to carry out project construction and related businesses in overseas markets such as Singapore and Saudi Arabia.
The relevant person in charge of the Ministry of Commerce stated that the European Union is the world's largest consumer of biodiesel, and importing biodiesel from China is to meet the huge consumption demand of the EU market, accelerate the realization of its own green transformation and energy conservation and emission reduction goals. The Chinese side has repeatedly emphasized that the EU's taxation measures will only raise the cost of related products, harm the interests of EU related industries and consumers, and undermine the EU's green transformation process and the overall economic and trade cooperation between China and Europe.
Wang Zhongming, director of the Biomass Energy Biochemical Conversion Research Office of the Chinese Academy of Sciences Guangzhou Energy Research Institute, said that with the continuous progress of science and technology, the biodiesel production technology is also constantly innovating, such as the application of new raw materials such as jatropha curcas oil and microalgae biodiesel, as well as breakthroughs in enzyme molecular transformation, solid alkali catalysis and other technologies, which have injected new vitality into the development of the biodiesel industry. Chinese enterprises can actively respond to challenges through mergers and acquisitions, transfer of production, and other means.
At present, the products, technology and equipment of China's biodiesel industry have reached the international advanced level. There have been a large number of potential waste oil resources in China for a long time. The raw materials are relatively sufficient, and the conditions for developing biodiesel are unique. Experts suggest accelerating the development of the domestic market, expanding application scenarios, and opening up internal circulation.
In April of this year, the National Energy Administration issued a notice on publicizing the pilot projects for the promotion and application of biodiesel, carrying out pilot work for the promotion and application of biodiesel in 22 pilot projects. The application of biodiesel in China is accelerating. Zhang Dayong, Deputy Secretary General of the China Association for the Promotion of Industrial Development and Secretary General of the Biomass Energy Industry Branch, emphasized that in the face of the stage dilemma of "going global" under the new international situation, biodiesel enterprises must be more firm in "walking on two legs", build a new development pattern with domestic circulation as the mainstay and domestic and international dual circulation mutually promoting each other, break through external obstacles, and strive for steady development. (Author: Wang Yichen)
Biodiesel is a type of diesel produced from plant-based materials such as plants and waste oils, and is one of the key pathways for achieving carbon reduction. Compared to petrochemical diesel, the advantage of biodiesel lies in its renewability and environmental friendliness. It can not only completely replace ordinary diesel, but also form a closed loop through the carbon sink of plants or waste without occupying land or competing with humans for food, thereby achieving zero growth in carbon emissions. It can be said that biodiesel is one of the direct and effective means to reduce carbon emissions in the transportation sector. As early as 2009, the European Union implemented the Renewable Energy Directive, which stipulated that the blending ratio of biofuels in the transportation sector would reach 10% by 2020 and 14% by 2030. Under the continuous driving force of mandatory blending policies, the supply of biodiesel has been in short supply all year round.
Tian Ming, General Manager of the Enterprise Management Department of China Shipbuilding Fuel Co., Ltd., introduced that with the implementation of relevant fuel regulations in the European Union, ship owners will face higher environmental requirements and potential penalty risks, which will make them seek more environmentally friendly marine fuels. As a renewable energy source, biodiesel has significant emission reduction effects in the transformation of ship fuels, and due to its compatibility with existing engine systems, it has become the preferred clean fuel during the transition period.
China is an important producer and exporter of biodiesel globally, and biodiesel products have strong competitiveness internationally. Due to the fact that the biodiesel market in China has not yet formed a scale, domestic biodiesel is mostly exported to the European Union. Data shows that China's current biodiesel production exceeds 2 million tons per year, of which 90% is exported. According to statistics from the European Biodiesel Committee, China will export approximately 1.8 million tons of biodiesel to the European Union in 2023, accounting for 90% of China's total exports. Currently, over 80% of the EU's biofuel raw materials rely on imports, with Chinese products accounting for 60%.
Currently, China's biodiesel industry is facing many challenges globally, with the most prominent being the EU's anti-dumping measures against Chinese biodiesel. On August 16th, the EU made a preliminary ruling to impose temporary anti-dumping duties ranging from 12.8% to 36.4% on biodiesel originating in China, which will have a certain impact on China's biodiesel industry.
Many companies have taken corresponding measures. Jia'ao Environmental Protection has issued a statement stating that the temporary tariffs imposed by the EU this time will have a certain impact on the company's biodiesel exports to the EU market. At present, the company is taking measures to actively respond, including but not limited to continuing to process into bio based plasticizers and other products; Actively develop domestic application scenarios for biodiesel and expand the domestic sales market. Longyan Zhuoyue New Energy Co., Ltd., a subsidiary of Zhuoyue Group, stated in an announcement that in 2023, the company's biodiesel will mainly be sold to the European market, accounting for more than 90% of the export market. The company will accelerate its international layout and initially plan to carry out project construction and related businesses in overseas markets such as Singapore and Saudi Arabia.
The relevant person in charge of the Ministry of Commerce stated that the European Union is the world's largest consumer of biodiesel, and importing biodiesel from China is to meet the huge consumption demand of the EU market, accelerate the realization of its own green transformation and energy conservation and emission reduction goals. The Chinese side has repeatedly emphasized that the EU's taxation measures will only raise the cost of related products, harm the interests of EU related industries and consumers, and undermine the EU's green transformation process and the overall economic and trade cooperation between China and Europe.
Wang Zhongming, director of the Biomass Energy Biochemical Conversion Research Office of the Chinese Academy of Sciences Guangzhou Energy Research Institute, said that with the continuous progress of science and technology, the biodiesel production technology is also constantly innovating, such as the application of new raw materials such as jatropha curcas oil and microalgae biodiesel, as well as breakthroughs in enzyme molecular transformation, solid alkali catalysis and other technologies, which have injected new vitality into the development of the biodiesel industry. Chinese enterprises can actively respond to challenges through mergers and acquisitions, transfer of production, and other means.
At present, the products, technology and equipment of China's biodiesel industry have reached the international advanced level. There have been a large number of potential waste oil resources in China for a long time. The raw materials are relatively sufficient, and the conditions for developing biodiesel are unique. Experts suggest accelerating the development of the domestic market, expanding application scenarios, and opening up internal circulation.
In April of this year, the National Energy Administration issued a notice on publicizing the pilot projects for the promotion and application of biodiesel, carrying out pilot work for the promotion and application of biodiesel in 22 pilot projects. The application of biodiesel in China is accelerating. Zhang Dayong, Deputy Secretary General of the China Association for the Promotion of Industrial Development and Secretary General of the Biomass Energy Industry Branch, emphasized that in the face of the stage dilemma of "going global" under the new international situation, biodiesel enterprises must be more firm in "walking on two legs", build a new development pattern with domestic circulation as the mainstay and domestic and international dual circulation mutually promoting each other, break through external obstacles, and strive for steady development. (Author: Wang Yichen)
