BV evaluates ammonia as fuel for ships

Bureau Veritas (BV) presents an assessment with the characteristics of ammonia as a fuel, its advantages as well as the challenges it poses. As the BV notes, Ammonia is a widely traded chemical commodity that has long been transported in liquefied petroleum gas (LPG) tankers, which are also able to carry ammonia. When produced using

NetZero Industry Act launched in Europe

The European Commission launched its NetZero Industry Act legislation that could see carbon capture technology rolled out more rapidly to ships. With the NetZero Industry Act, the European Commission will reduce the administrative burden and simplify permit-granting processes for renewable energy projects, accelerate the use of CO2 capture and storage and improve conditions for investment

Rotoboost gets LR’s nod for pre-combustion CCS

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is converted into hydrogen and graphite with a liquid catalyst. The TCD process significantly

Cepsa to build a plant for renewable fuels development

Cepsa will build a new second-generation biofuels plant in Palos de la Frontera (Huelva) with an investment of up to €1 billion. This new plant will produce both renewable diesel and SAF (sustainable aviation fuel) and will create up to 1600 jobs during its construction phase. The biofuels will be made from organic waste, such

Biofuel crops grown on EU land obstacle to tackling climate change: T&E Report

Europe currently wastes land the size of Ireland on crops for biofuels which are an obstacle to tackling climate change and food security, a new study commissioned by Transport & Environment claims. The study says that this land could be used to feed 120 million people or, if given back to nature, could absorb twice

LKAB to use green hydrogen for mining operations

LKAB in Sweden runs the world’s largest underground iron-ore mine in the Arctic city of Kiruna, with its site there representing 80% of all iron ore in the European Union. Iron is steel’s main component and will play a key role in the green industrial revolution. The new Hydrogen Breakthrough Ironmaking Technology (HYBRIT) will allow

C1 start-up raises growth capital from Maersk

The Climate tech start-up C1 has raised growth capital from Maersk Growth, the Venture Capital Arm of A. P. Møller – Maersk to faster scale their ultra-efficient catalysis, which will enable the mass production of green methanol without the usual premium paid for sustainably produced methanol. Besides the ability to function as a carbon-based feedstock

Global allowance prices for CO2 emissions increased in 2021

Average allowance prices for CO2 emissions increased by over 40% in four of the world’s five largest carbon emissions trading systems between January 2021 and January 2022, according to data from the International Carbon Action Partnership. Emissions trading systems are government programs that regulate CO2 emissions. Regulated entities—such as power generators and industrial firms –

Electrolyzer developed to produce hydrogen form air

Australian researchers have created a prototype electrolyser capable of harvesting water from the air and then splitting it to produce hydrogen gas for use as a green fuel. This device is powered by a solar panel and can operate effectively in extremely dry climates. Hydrogen is widely hailed as a cleaner alternative to CO2-emitting fossil

ABS highlights role of PPP in realizing netzero by 2050

The decisive role of public-private partnerships in delivering net zero for shipping by 2050 was spotlighted by Christopher J. Wiernicki, ABS Chairman, President and CEO in his keynote address at the 2022 SHIPPINGInsight conference. “We are clearly in the early innings of a decade of change. For shipping, the challenge and opportunity lies in two