The American Grain Association Korea Office (CEO Kim Hak-soo) will participate in the 31 Seoul Mobility Show held at the 4st exhibition hall of KINTEX in Goyang-si, Gyeonggi-do from the 9st to April 1th and introduce ‘Bioethanol’, a carbon reduction fuel.
The association plans to use this exhibition to raise awareness of the severity of the climate crisis and the need to introduce bioethanol, a more economical and efficient alternative fuel to achieve carbon neutrality in 2050.
Bioethanol is a carbon-reducing fuel made through the fermentation process of plants such as corn, sugarcane, and cassava. When mixed with gasoline fuel of an internal combustion engine vehicle at a certain ratio, greenhouse gases and harmful substances emitted during the vehicle combustion process can be reduced. Currently, it is being used as an alternative energy source for vehicles to reduce carbon emissions in over 60 countries around the world, including the United States, Japan, Germany, and Brazil.
Korea is currently implementing a mandatory blending system for renewable energy fuels (Renewable Fuel Standard) that mixes 3.5% biodiesel processed from animal and vegetable oil and waste cooking oil only for diesel vehicles. In addition, the Ministry of Trade, Industry and Energy announced plans to increase the mandatory blending ratio of biodiesel to 10% by 13 by announcing plans to expand eco-friendly biofuels on October 2030 last year. At this event, it was also announced that a pilot project to use a mixture of bioethanol for public institution vehicles will be conducted in 8.
However, the international community is demanding an immediate response to reduce carbon emissions. The ‘IPCC 20th Assessment Report’, which was unanimously approved by the UN’s ‘Intergovernmental Panel on Climate Change’ (IPCC) on the 6th, stated that carbon reduction actions over the next 10 years are important to respond to climate change, and integrated and A short-term response was urged.
Accordingly, interest in bioethanol fuel, which can be immediately applied to the transportation sector, is increasing. At the ‘Climate Crisis and Biofuel Symposium’ held in Seoul in September 2021, Professor Stephen Muller of the University of Illinois at Chicago, USA, analyzed fuel samples distributed in Korea in 9 and found that Korea produces E2019 (10% bioethanol) fuel. Research has shown that 10 million tons of greenhouse gases can be reduced annually by using . It was also suggested that bioethanol has the advantage of contributing to improving public health by reducing harmful substances such as aromatics used to increase the octane rating of internal combustion engine vehicles.
Related industries and experts are raising the need for a bioethanol blending policy, which is the most realistic and immediate carbon reduction alternative in the transportation sector to respond to the carbon reduction demands of the international community, as research and empirical testing on bioethanol have been sufficiently conducted in Korea.
Hak-soo Kim, CEO of the Korean Office of the American Grain Association, said, “Through this Seoul Mobility Show, we will make it widely known that bioethanol is the most economical and effective means of reducing carbon emissions that can be directly applied to Korea’s infrastructure and vehicles.” He continued, “The bioethanol blending policy will reduce the dependence of the domestic automobile and oil refining industries on petroleum fuels and contribute to their carbon reduction actions,” and added, “The opportunity to use carbon reduction fuel should also be provided to gasoline passenger car consumers, who currently account for 58%. “He added.
Meanwhile, the Korean office of the American Grain Association will conduct various on-site events such as bioethanol-related surveys and quizzes for visitors at the Seoul Mobility Show and a hashtag event using a bioethanol gas pump model to produce eco-friendly reusable bags and smartphone grips. We plan to provide prizes such as Talk.
→ Go to the 2023 Seoul Mobility Show News Special Page
