- E-Fuels Seen as Key to Shipping Decarbonization.
- E-Fuels Can Help Shipping Achieve Net Zero.
- Shipping Moves Towards Net Zero with E-Fuels.
Earlier this month, the International Maritime Organisation (IMO) achieved a milestone by adopting a net-zero framework during the 83rd session of its Marine Environment Protection Committee (MEPC). The move is set to define the shipping industry’s decarbonization journey in the future, reports Lloyd’s List.
Decoding the Impact on Shipping
For those who are not clear about what was decided or its ramifications, the IMO’s net-zero strategy might have significant implications for how shipping companies achieve environmental objectives. A breakdown is found in our MEPC post-mortem podcast episode, which you can hear here.
The Role of E-Fuels in Decarbonization
E-fuels are now proving to be an important component of shipping’s decarbonisation strategy. The e-fuels are made through the process of employing an electrolyser to split water into hydrogen, which is thereafter mixed with nitrogen to produce ammonia, or CO2 to create synthetic methanol or synthetic methane. Even though the cost of producing them is very high, e-fuels are amongst the most likely options in the long run for decarbonising the shipping industry.
The Debate: Are We Over-Reliant on E-Fuels
Though e-fuels are generally regarded as the best means of decarbonising over the long term, their technological and cost disadvantages have raised some doubts. Are we putting too much faith in e-fuels, or can they meet the promise of enabling shipping to reach net zero on schedule?
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Source: Lloyd’s List
