The demand for green methanol may increase a hundredfold in the next 5 years, with multiple listed companies already making forward-looking arrangements

In October this year, the International Maritime Organization will submit for review the world's first legally binding net-zero emissions framework for the shipping industry. Catalyzed by this, research institutions generally expect that the demand for green methanol in the shipping industry will surge in the next five years, increasing from the current several hundred thousand tons per year to 30 million to 40 million tons by 2030, a more than 100-fold increase. By 2030, green methanol is expected to form a new market with a scale exceeding 100 billion yuan. According to reporters, in the A-share market, companies such as Goldwind, China Tianying, JEP, and Jiaze Renewables have proactively laid out the green electricity to green methanol industry, with some enterprises already having orders in hand