DNV GL forecasts limited hydrogen uptake as it breaks down fuel choice prospects in shipping’s decarbonization

By Jasmina Ovcina Image courtesy: DNV GL

DNV GL pointed to a relatively limited uptake of hydrogen as a ship fuel in the fourth edition of its Maritime Forecast to 2050 presented on Tuesday.

The surprising assessment is a result of both the estimated price of the fuel and the investment costs for the engine and fuel systems.

The forecast aims to set shipping on a pathway to decarbonization by navigating through technological, regulatory, and market uncertainties in the industry.

“The pressure to act decisively is mounting. Perfect is the enemy of good, and so we mustn’t wait for an ideal solution to

Read Full Article Here

For more great articles: LNG World News

(Visited 8 times, 1 visits today)