势银数据 | 2025年上半年中国绿醇项目建设加速，预计年底建成产能将达87万吨

Core Viewpoint - The article discusses the significant progress and developments in China's green methanol industry, highlighting the transition from technology breakthroughs to industrialization and large-scale promotion, driven by recent government policies and market demands [3][4][5]. Group 1: Industry Developments - In June 2023, the National Energy Administration of China announced a notice to promote green liquid fuel technology, marking a critical phase for the green methanol industry [3]. - By the first half of 2025, there are 83 green methanol projects in progress across various regions in China, with 16.9% already under construction and 3.6% completed [4]. - The total planned capacity for green methanol in China is nearly 60 million tons per year, with only 22,100 tons currently built [5]. Group 2: Regional Focus - The top five provinces for green methanol project planning are Inner Mongolia, Jilin, Liaoning, Heilongjiang, and Gansu, with Inner Mongolia alone having 47 planned projects and a capacity of 18.37 million tons per year [7]. - Most provinces, except for Shanghai, Hubei, Shandong, and Zhejiang, have an opening rate of less than 50% for green methanol projects, primarily due to the lack of a trading platform and certification barriers [9]. Group 3: Project Characteristics - Biomass methanol projects dominate in terms of quantity, but carbon dioxide hydrogenation projects are larger in scale due to the need for significant green hydrogen and centralized carbon capture [13]. - The article emphasizes that while biomass projects are numerous, they are limited by dispersed raw materials, leading to smaller individual project sizes [13]. Group 4: Market and Policy Drivers - The implementation of carbon emission regulations in the shipping industry by the EU and the International Maritime Organization has created a pressing need for carbon-neutral fuels, with methanol, ammonia, and biofuels identified as key players [16]. - Several projects have already signed contracts with downstream shipping companies, indicating a move towards commercial operation of green methanol [16][17].