Public-Private Partnerships to Implement Eco-Friendly Biofuels – Press Release | Briefing Room | news

□ Ministry of Trade, Industry and Energy(Minister Lee Chang-yang)Yes 10.13Work(neck) at the Korea Press Center Eco Implementation of biofuelsfor industry conferenceopen,「Eco-friendly biofuel expansion plan」announceshe did.

ㅇ In this event Industry Minister Changyang Leeand the Ministry of Industry·Ministry of Land, Infrastructure and Transport·Ministry of Oceans and Fisheries Director, Cha Dong-hyung, Chairman of the Korea Petroleum Management Institute, Jongnam Kim Institute of Energy Technology Koreapage, Ki-Young Kwon, President of Korea Energy Technology Evaluation and Planning and Young-Min Joo, CEO of Hyundai Oilbank, rent CEO of Emac Solution, etc. essential oil·bio energy·a car·An airline·Shipbuilding·shipping industry large numbers attendedhe did.

□ The Government Effective methods of responding to climate changeattract attention as worldwidethe market is expected to grow Environmentally friendly biofuel*expanding the domestic use ofdo, Fostering as a promising industry for the futureIn order to do that, related experts and various by communicating with the industry 「Eco-friendly biofuel expansion plan」ready.

* (Justice) not made from fossil fuels, Chemically similar to petroleum products, conventional internal combustion engine·An environmentally friendly fuel that can be used without structural infrastructure change mixed with fossil fuels or 100% use instead

** (example) biodiesel, bio heavy oil, biogas, bio jet fuel, marine bio oil, etc.

yes In particular, the expansion of the use of environmentally friendly biofuels directly replaces fuel with electricity, etc.hard to do* On the other hand, relevant international environmental regulations**is strengthened day by day An airline·shipsEssential methods in industry, etc.in, A domestic economy heavily dependent on oilstructure Given that, it replaces the demand for oil used entirely by imports from abroad.boxby Improving domestic energy securityHe is also expected to contribute to.

* body is big, Areas that require a high energy density power source for long distance transportation

** (International Civil Aviation Organization(ICAO)) ’27of a year Carbon Reduction Offset System(LANE) Enforcing compulsory participation, greenhousegas In cases of excessive emissions, airlines incur costs such as purchasing emission permits

(International Maritime Organization(IMO)) ’23The duty to reduce carbon intensity on existing ships is expected to be imposed from, carbon emissions reduction target(’08year after year ’50by a year 70% reduction)Also in progress

□ The government announced this「Eco-friendly biofuel expansion plan」There is main content As follows.

Expanding the domestic supply of environmentally friendly biofuels, today ‘Renewable Energy Fuelsmixed duty*‘It is used mixed with general diesel for biodieseloh cause, Introducing next generation biodiesel**So Forced mixing ratiosecond ‘30original goal per year 5.0%in 8.0%up todo.

* Renewable Energy Fuel Blending Duty(RFS: Renewable Fuel Standard): to oil refineries It is mandatory to blend and supply biodiesel as much as the mandatory blending ratio with general diesel.

– Forced mixing ratio🙁today) 3.5% → (’30year) arabesque 5.0% → enlargement 8.0%

** dong·It is produced by adding hydrogen to vegetable oil., It can be blended by adding to existing biodiesel

Not yet commercialized in Korea Bio jet fuel and bioship fuelYes confirmationsecond shortly after Promote domestic introductiona(bio jet fuel ‘26year, bio marine oil ‘25year goal), for new biofuels. Legal Basis readyfor After my research service this year Review related laws from next yeari undertake.

necessary for biofuel production Ensuring Stable Raw Materialsfor, Collection of raw materials such as waste plastic·Usageindustry to facilitate this relieve painsupport Raw material supplyLinkage between industry and biofuel producersto build a win-win ecosystem. In addition, Raw materials that are difficult to obtain in Korea are produced overseas·to be able to acquire Support for overseas expansionsecond promote.

Ensuring technological competitivenessfor Development of integrated eco-friendly biofuel technology on a large scalesecond promote, for teeth Required technical tasks from this year onwards*choicethrough the planning ‘24Yeta business since thenpromote.

* (Main tasks(no)) ① waste·Finding sustainable raw materials such as microalgae ② Increase the efficiency of biofuel production ③ Bio-material production technology such as bio naphtha in connection with biofuel production

To establish a stable supply chain From the initial stage of introducing environmentally friendly biofuels biofuel production–Establish a system of co-operation between consumer industriesa, for teeth relative voluntary agreements between public organizations and industry ‘a win-win deal*‘based on ‘min–coffin Joint Council to Promote the Expansion of Eco-Friendly Biofuels‘of this policy by configuring follow up regularly and, Discover new collaborative projects·push forward.

* 「Agreement on cooperation and win-win to promote the introduction and use of environmentally friendly biofuels」

– oil control officer, Energy Technology Research Institute, Energy Technology Assessment Institute, Petroleum Association, Bioenergy Society, Association of the motor industry, Aviation Association, Shipbuilding and Offshore Plant Association, Shipping Association

□ Changyang Lee, Minister of Industry “In the global industry and energy market, The competition to secure the supply chain is fiercein the coming reality, our industry Cooperation to revitalize promising industries of the future such as environmentally friendly biofuels It is very meaningful to collect the will“while encouraging,

yes“Build and strengthen a stable supply chain in a timely mannerHow important it is to do it, in the future Actively promote policies for the activation of environmentally friendly biofuelsi will“go He said.