December 5, 2023

MarineCurrents

Current Maritime News | Clean Energy

60 Asian projects covered in the Getting to Zero Coalition Mapping

2 min read
marine-news-hydrogen_ferger_TorghattenNord_NorwegianShipDesign

Hydrogen-fueled ferry - Torghatten Nord

The Getting to Zero Coalition’s third update of Mapping of Zero Emissions Pilots and Demonstration Projects in shipping has reached a significant increase in the number of projects.

The third edition has covered 203 projects, up from 106 projects in the last edition, focusing on ship technologies, fuel production as well as importantly the bunkering and infrastructure to wide applications of carbon-free fuels.

This edition of the report includes more detailed information on vessel types, fuel focus, and technologies under development, which could help the industry and regulators track emerging trends and specialization.

“We hope that by continuing to develop a better understanding of the scale and diversity of zero emission pilots and demonstration projects already underway, the mapping can build confidence in the transition to zero emission shipping,” Jesse Fahnestock, Head of Research and Analysis at the Global Maritime Forum, commented. 

Hydrogen and ammonia fuels have their applications in projects

Some of the key findings in this year’s mapping include an increased focus on hydrogen-derived fuelsa higher number of large vessels targeting ammonia and methanolmore bunkering and infrastructure projects, as well as the emergence of fuel production in Oceania.

Ammonia has great significance for the realization of the decarbonization process. While Hydrogen is the key solution for the shipping giant Maersk on its green fuel path.

Looking at fuel production developments over time, there is a steady and significant increase in hydrogen production projects, and from 2021 there has been a significant increase in ammonia production as well.

“Electricity-derived fuels, particularly hydrogen and ammonia are increasingly taking a larger share of the industry’s focus, with 42 of the fuel production projects involving so-called “Green Hydrogen” based on electrolysis,” Fahnestock added. 

Connecting the value chain through pilots and demonstrations 

The mapping industry reflects the wider geographical applications of projects. Most projects in the mapping, 114, have a connection to Europe. However, the new mapping includes 60 Asian projects, up from 31 in the second edition. 

The Getting to Zero Coalition’s recent report The Next Wave: Green Corridors identified cross-value chain collaboration as one of the key building blocks to establishing green corridors. 

Building on the findings of the report, the mapping has been expanded to track parts of the value chain involved in pilot and demonstration projects. 

“Almost all projects included in the mapping study involve multiple stakeholders and parts of the value chain,” according to Fahnestock

“Nonetheless, it remains challenging for projects to establish all the necessary links, such as those to charterers and cargo owners, in the context of a pilot or demonstration. This reinforces the need for Green Corridors to help build those connections.” 

Source Offshore-energy

Copyright © All rights reserved. | Newsphere by AF themes.