LNG is not the marine fuel of the future, it is the marine fuel of today [Global Gas Perspectives]
LNG is not the marine fuel of the future, it is the marine fuel of today [Global Gas Perspectives]
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Natural Gas News
Summary
It’s not perfect, but it is cost competitive, available at scale and in an ever-increasing number of locations. It cuts carbon, SOx and NOx emissions, compared with conventional fuels. LNG is today’s marine fuel, even though it will probably gain and retain only a portion of the market. by: Ross McCracken
It would be great to jump forward to the end solution – fully sustainable, affordable marine fuels with no emissions either from their production or use. But, like Rome, energy transitions are not built in a day, even if pushed hard by regulation. When emergent technologies compete, there is uncertainty as to which will be the ultimate winner. Economies of scale suggest there will be only one, although this too is far from certain. A multi-fuel future for the shipping industry is possible. Indeed, it is becoming fact in the transition period, as different emergent technologies vie for supremac...
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