Whatever your thoughts on ‘green hydrogen’, it is well known that the shipping industry is a major contributor to green house gas emissions globally (according to OECD data higher than emissions from air transport). Consequently, it is reported that global industry leaders at this years' UN Climate Change Conference (COP29) have committed to increasing the uptake of zero or near zero green house gas emission shipping fuels to at least 5% (striving for 10%) by 20230.
To reach their target, it is considered that global green hydrogen production needs to double by 2030 - at least 5 million tonnes of green hydrogen in the shipping sector. One of the obstacles that needs to be overcome is the need to develop a robust and reliable green hydrogen supply chain to provide zero carbon fuels to vessels in key maritime hubs in a manner that is safe and sustainable.
Visit the Marks & Clerk Energy Hub to explore how IP can help accelerate the race to ‘Net Zero’.