Unlocking the Potential: India's Biofuel Sector Leading the Way to a Sustainable Future
Key Ideas
  • Ramakrishna YB highlighted the immense potential of India's biofuel sector, surpassing agriculture, and emphasized the need for research and development to make it commercially viable.
  • Biofuels are seen as a cleaner and more sustainable alternative to traditional fuels, playing a key role in India's energy transition towards net zero emissions.
  • The Union Cabinet's approval of the extension of the Pradhan Mantri JI-VAN Yojana reflects the government's commitment to boosting the advanced biofuel sector by broadening the scope of feedstocks.
Ramakrishna YB, an expert at the Ministry of Petroleum and Natural Gas, spoke at a World Biofuel Day event in New Delhi, emphasizing the immense potential of India's biofuel sector in leading to a sustainable future. He highlighted the need for extensive research and development to make biofuels commercially viable and unlock opportunities for sustainable energy production. Biofuels, derived from renewable organic matter, offer a promising alternative to traditional fuels by offsetting greenhouse gas emissions. They are considered carbon-neutral due to the absorption of carbon dioxide during their growth. Biofuels and green hydrogen are central to India's energy transition, aiming for net zero emissions by 2070 and 50% electricity from renewable sources by 2030. The approval of the Pradhan Mantri JI-VAN Yojana extension by the Union Cabinet further boosts the biofuel sector, including biofuels from lignocellulosic feedstocks like agricultural residues and algae.
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