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Core Insights - The shipping industry's carbon emissions are under international scrutiny, with the IMO's net-zero emissions bill expected to pass in October, which will promote the development of green methanol [3][4] - Green methanol is identified as a key low-carbon or zero-carbon fuel, with its production relying on renewable resources, making it a viable green fuel option [2][4] Group 1: Regulatory Developments - The IMO's draft framework requires a 20% reduction in carbon emissions from the shipping industry by 2030 compared to 2008 levels, aiming for net-zero emissions around 2050 [3] - The EU has included the shipping industry in its carbon trading system, further pushing for a green transition in the sector [3] Group 2: Market Potential - There are currently 390 methanol-powered vessels in operation or on order, with expectations that demand for green methanol will exceed 9 million tons by 2030 [3] - Roland Berger predicts that green methanol demand could reach 12 million tons by 2030, considering future orders [3] Group 3: Domestic Initiatives - China is actively promoting the application of green methanol, with policies aimed at establishing a green fuel supply system by 2035 [4][7] - Over 60 green methanol projects are underway in China, with a production capacity exceeding 8 million tons per year, potentially accounting for 60% of global capacity by 2030 [7] Group 4: Production and Cost Dynamics - Current green methanol production is in its early stages, with a projected capacity of 3.93 million tons by 2030, driven by numerous planned and under-construction projects [6] - The price of green methanol is currently 3 to 5 times that of traditional methanol, with cost reduction being crucial for industry growth [6] Group 5: Investment Opportunities - Companies with green methanol production capacity or technological reserves include FJ Environmental, Goldwind Technology, and others [9] - Engineering and equipment firms such as Donghua Technology and China Chemical are also relevant to the green methanol sector [10]