The European Commission, as part of its Fit for 55 package, proposed to introduce a GHG intensity target that increases in stringency over time, requiring ships calling at EU ports to reduce the carbon footprint of the energy used onboard. But the proposed regulation fails to give appropriate incentives to invest in zero-emission vessels and would likely result in the accelerated uptake of liquid natural gas (LNG).
Green e-fuels – notably e-hydrogen and e-ammonia – can be supplied in large quantities to the sector. However, as nascent technologies, they are more expensive and require investments in new vessels and port infrastructure. However, if equipped with the right tools, the FuelEU Maritime can kickstart the deployment of renewable-based e-fuels in shipping and help to decarbonise the sector by 2050.
Vote to adopt the Net-Zero Framework postponed for one year
US, UAE, Saudi Arabia and other oil producing countries are pressuring EU to abandon its green shipping measures in return for weaker global deal
29 leading green fuel producers call for leaders to adopt the International Maritime Organization’s (IMO) Net Zero Framework and to provide specific i...