NITI Aayog Hosts Second International Methanol Seminar and Expo 2024
The NITI Aayog is set to host the Second International Methanol Seminar and Expo 2024 on October 17 and 18 at the Manekshaw Centre in New Delhi. This event is part of the Methanol Economy Programme, which began in September 2016. The seminar aims to showcase advancements in methanol production, application, and technology over the past eight years.
Focus on Methanol’s Role in Energy Transition
The seminar will bring together global experts, industry leaders, policymakers, and researchers to discuss methanol’s role in the world energy transition. It will highlight methanol as a low-carbon fuel, particularly in green shipping. The event is organized in partnership with the Methanol Institute, USA.
Government Support and Innovations
The Indian government supports various R&D projects related to methanol, including converting high ash coal to methanol and developing methanol-based engines. The seminar will also feature a Methanol Expo, showcasing cutting-edge technologies in methanol production and utilization.
Participation and Global Collaboration
Key Indian industries and defense labs will display their methanol-based innovations. The seminar will feature speakers from around the world, participating both physically and virtually, to discuss sustainable methanol production and international collaboration.
The event aims to propel India and the world toward a sustainable, methanol-powered future, aligning with global sustainability goals and enhancing energy security.
Doubts Revealed
NITI Aayog -: NITI Aayog is a government think tank in India that helps in making important decisions for the country’s development. It stands for National Institution for Transforming India.
Methanol -: Methanol is a type of alcohol that can be used as a fuel. It is considered a low-carbon fuel, which means it produces less pollution compared to traditional fuels like petrol and diesel.
Expo -: An expo is a large event where people and companies come together to show new ideas, products, and technologies. It’s like a big exhibition where you can learn about new things.
Energy transition -: Energy transition refers to the shift from using traditional energy sources like coal and oil to cleaner and more sustainable sources like solar, wind, and methanol. This helps in reducing pollution and protecting the environment.
Methanol Institute, USA -: The Methanol Institute is an organization based in the USA that promotes the use of methanol as a clean and sustainable fuel. They work with different countries to support methanol-related projects and innovations.
R&D -: R&D stands for Research and Development. It involves studying and creating new technologies or improving existing ones. In this context, it refers to projects related to methanol fuel.