Reduction of greenhouse gases emissions
By using biomass carbon as raw material, 2G ethanol tends to achieve carbon neutral emissions (Net Zero). When compared to gasoline, the emission reduction is more than 90%.
2G etanol production is economically viable
The production of 2G ethanol is more sophisticated than that of conventional ethanol. It has different processes, such as pre-treatment and hydrolysis, which allow access to the sugars contained in the fibers.
By using biomass carbon as raw material, 2G ethanol tends to achieve carbon neutral emissions (Net Zero). When compared to gasoline, the emission reduction is more than 90%.
The use of agricultural residues, which were previously discarded or abandoned, has the potential to increase the revenue per planted area for the producer. In practice, this is an effective application of the circular economy concept, as it takes advantage of the renewable cycle of carbon obtained from plant photosynthesis.
It can be produced anywhere in the world where there is wood, agricultural production or potential for planting grasses such as elephant grass, sorghum or energy cane. This feature offers self-sufficiency and potential energy sovereignty for countries that do not have high oil production.
GranBio believes that energy cane has the potential to produce 24,000 liters of 1G + 2G ethanol per hectare. This means that all the gasoline consumed on the planet could be replaced by just 80 million hectares with proper agricultural treatment. Africa has more than 1 billion hectares degraded and unused for agricultural production.
Current technology yields allow the increase of ethanol production in Brazil by 50%, without the need to expand the use of agricultural land.
Although its production is currently more expensive than that of conventional ethanol (from sugarcane or corn), advances in production processes and technology point to an equivalent cost competitiveness in up to 5 years. Furthermore, when considering the equivalent carbon credit, already recognized in the price of 2G ethanol in Europe, for example, the profit margin is comparable.