Skip to main content

 

 

Incorporating Clean Shipping International

DNV GL SAYS FLEXIBILITY IS KEY TO A LOWER CARBON FUTURE

Wednesday, September 11, 2019 

DNV GL Maritime has released the third edition of its 'Maritime Forecast to 2050' which examines the future of the shipping industry in a rapidly changing global energy landscape.

This year’s report focusses on the challenge of reducing the carbon intensity of the global fleet to meet the ambitious targets set by the IMO’s greenhouse gas reduction (GHG) strategy.

“Existing technology can deliver the future we desire – including meeting the 1.5°C target set out in the Paris Agreement,” said Remi Eriksen, Group President and CEO of DNV GL. “So far, support for the energy transition has been too sporadic. We need a broad and coordinated policy agenda that supports new technologies as they emerge and sustains that support through the build-out phase.”

A combination of external market pressure and the ambitious direction set by IMO means that the challenge of decarbonisation has been laid squarely on shipping’s doorstep. To answer the question of how shipping will rise to meet the challenge, this year’s Maritime Forecast examines how the world fleet measures up in terms of decarbonisation and looks at different strategies and pathways the industry can take to reach this goal.

The Maritime Forecast to 2050 analyses three regulatory scenarios (continuing under current policies, regulations becoming gradually stricter, or very strict regulations introduced towards the end of the 2050 deadline) and how these could affect the transition to low and carbon neutral fuels. Improvements in general energy efficiency in on-board operations is also included as an essential part of reducing emissions.

“One of the key components to meet the decarbonisation challenge is fuel flexibility, as the fuels of today may not be the fuels of tomorrow,” said Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime. “This means having a picture of the entire fuel ecosystem is vital, as owners, operators, and the industry itself will have a much tougher time adapting to a low-carbon future if they are locked into a single choice.”

The Forecast shows that the uptake of low-carbon and carbon-neutral fuels is essential to meeting IMO GHG goals, with carbon-neutral fuels having to supply 30–40% of the global fleet’s total energy by 2050. Under different regulatory pathways, however, the model predicts that a variety of fuels could come to the fore. In all of the pathways, liquefied methane (from both fossil and non-fossil sources) provides a large part (40–80%) of the fuel mix at 2050. The Forecast also suggests that in the deep-sea sector, ammonia, biodiesel, liquid biogas and electrofuels are promising carbon neutral options, with battery, hybrid, and hydrogen solutions being potential options for the short-sea segment.

DNV GL’s Maritime Forecast to 2050 hopes to offer the industry a vision of the changes ahead, offering guidance, highlighting trends, and providing valuable insights for maritime stakeholders.

Reader Comments (0)

There are currently no comments on this article. Why not be the first and leave your thoughts below.

Leave Your Comment

Please keep your comment on topic, any inappropriate comments may be removed.

Return to index

Web Analytics