This new edition provides a comprehensive analysis of the current state of maritime decarbonization, examining the technologies, regulations, and fuel options that can help the industry meet greenhouse gas (GHG) emission reduction targets set by the International Maritime Organization (IMO).
To mark the release, DNV is hosting a virtual launch event featuring an expert presentation, a fireside chat, and a panel discussion with industry leaders. The event will focus on the key themes of the report and provide a platform for debate on the future of maritime energy transition.
Key Insights from the Report:
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Regulatory Landscape: The report details how new regulations like the EU Emissions Trading System (ETS) and FuelEU Maritime are adding costs to emissions. It outlines the development of a complex regulatory framework that includes carbon pricing, mandates for reduced GHG intensity in marine fuels, and options for fleet-wide compliance pooling.
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Technological Developments: With carbon-neutral fuels currently expensive and in limited supply, the report highlights the need for technological solutions that enhance energy efficiency and are supported by digitalization. It emphasizes that these solutions are crucial for achieving short-term emissions reductions and preparing for long-term success.
- Energy Efficiency Measures: The report explores a range of operational and technical measures that can deliver significant short-term emissions reductions while also reducing the reliance on carbon-neutral fuels. It considers technologies such as onboard carbon capture, shore power, and even nuclear power in the mix of options to lower maritime emissions.
- Cost of Decarbonization: Regardless of the chosen path, the report stresses that decarbonization will incur costs that are likely to be passed along the value chain to consumers.
DNV’s "Maritime Forecast to 2050" provides a pragmatic assessment of the road ahead for the shipping industry, helping stakeholders make informed decisions about decarbonization strategies.
The report is now available for download, and those interested in the latest insights on the maritime energy transition are encouraged to explore its findings.