In New York, MarineLink reported that two-thirds of European green shipping fuel projects are at risk, according to a new Transport & Environment (T&E) study.
T&E’s mapping of green hydrogen projects across Europe shows that nearly 4% of European shipping could run on green e-fuels by 2030. But fuel suppliers appear to be reluctant to commit financially to projects without more guarantees that there will be demand for these fuels in the near future. This means the vast majority of projects may never come online in this decade, putting Europe’s climate ambitions and thousands of jobs at risk, according to T&E.
The report stated that there are at least 17 projects across Europe, set up to provide hydrogen-based e-fuels for ships. If all of these projects become operational, they could meet nearly 4% of EU shipping’s total energy demand by 2030. T&E found 44 other hydrogen projects in Europe that could also provide green fuels for ships, the report added.
Inesa Ulichina, shipping officer at T&E, said: “Hydrogen projects are popping up across Europe. They have the potential to power hard-to-decarbonize sectors like shipping and provide thousands of good jobs. But at the moment there just isn’t enough certainty, and we risk missing this golden opportunity.”
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Tags: EU, green shipping fuel
Category: Fuels
