(Photo: Alfa Laval)
Swedish equipment manufacturer Alfal Laval said it is ramping up for soon-to-begin major tests of methanol as a marine fuel at its test and training center in Aalborg, Denmark. Working alongside engine manufacturer MAN Energy Solutions and other partners, Alfa Laval will explore the possibility of running the center’s four-stroke, 2 MW diesel engine on methanol without modifications or another pilot fuel.
The testing is the third stage in an ongoing research project funded by Danish EUDP (Energy Technology Development and Demonstration Program). Initiated two years ago, the EUDP-funded methanol project partners Alfa Laval and MAN Energy Solutions with the Danish Technological Institute (DTI), Technical University of Denmark (DTU) and biofuel producer Nordic Green. Through joint research, the consortium seeks to develop a methanol fuel system that can adapt to today’s marine diesel engines. Methanol, which is abundant and clean-burning, is one of the most pro
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Global market for renewable methanol, predicts that the industry is likely to witness a CAGR of 3.16% by revenue and 2.08% by volume over the forecasting duration of 2021-2028.
There has been a growing inclination towards the adoption of sustainable energy sources, which is one of the major growth-inducing factors for this market. Plus, the rigid governmental rules & regulations and the availability of renewable methanol are contributing to this growth. However, factors like the high costs required for the installation of these sources are hindering this growth process. Despite this, the industry has several opportunities for growth, which includes the usage of renewable methanol as a substitute to heave marine fuels.
Global Renewable Methanol Market 2021-2028 – Shifting Trend Towards Sustainable Energy Sources – ResearchAndMarkets.com financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.
DUBLIN (BUSINESS WIRE) Mar 1, 2021 The "Global Renewable Methanol Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.Global market for renewable methanol, predicts that the industry is likely to witness a CAGR of 3.16% by revenue and 2.08% by volume over the forecasting duration of 2021-2028.There has been a growing inclination towards the adoption of sustainable energy sources, which is one of the major growth-inducing factors for this market. Plus, the rigid governmental rules & regulations and the availability of renewable methanol are contributing to this growth. However, factors like the high costs required for the installation of these sources are hindering this growth process.
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