China is going to produce 2 million tons of ethanol fuel by 2010, according to a program for regenerated energies during the 11th 5-year period the National Development and Reform Commission issued recently. The grogram reads that China will beef up formulating and carrying out related financial subsidy methods.
The program sets to raise the proportion of regenerated energies to up to 10 percent of all used by 2010, or 2.5 percent higher than in 2005. The regenerated energies used across China will equal to 300 million tons of standard coal.
Corn-based ethanol fuels have found broad use over the recent years, tightening the supply condition of grains. Thus the NDRC issued an immediate circular to stop the campaign in the end of last year.
The document lists some recommended potential raw materials, such as broomcorn straw and potato crops to produce ethanol and Jatropha curcas L, Pistacia chinesis Bunge and cotton seed to produce bio-diesel.
Meanwhile, the documents calls for formulating technical standards and using rules for the fuels, making the production and sales linked dynamically. Fuel retailers are asked to work out detailed plans as well.
Up to now, virtual ethanol fuel producers are suffering loss. A senior researcher at the Development Research Centre under the State Council proposed the purchase system can be done by a qualified mediation agency in working out an acceptable offer, making them equal to refined oils. |