Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Gas used to power European shipping could exceed that of 7 mn homes

In 2030 Europe’s shipping industry will need over 6.3 million metric tonnes of LNG to power its growing fleet of gas-powered ships – enough to power 7 millions homes – a new Transport & Environment (T&E) study shows. This will only increase Europe’s dependence on fossil fuels, says T&E, which has labelled the switch to LNG as irresponsible in times of energy crisis.

Shipping is a huge source of carbon emissions, responsible for roughly the same amount of global emissions as flying. The shipping industry and many European politicians are pushing for liquified natural gas (LNG) as a ‘clean’ alternative to traditional fuels. However, roughly 80% of Europe’s LNG used by ships today is worse for the climate than the fuels it replaces due to the release of the potent gas methane.

But, as T&E’s study shows, Europe’s policymakers should also be worried about the impact the switch to LNG-powered shipping will have on energy security. T&E’s analysis shows that over 200,000 households could be supplied with the gas required to power today’s fleet of LNG-powered ships. With LNG set to power a quarter of EU shipping’s energy needs in 2030, the number of households could rise to 7 million – enough to heat all the homes in Belgium or Sweden.

Preventing the uptake of gas in shipping must happen now, says T&E, before all segments of the maritime industry fall into the gas trap. Today, tankers carrying LNG represent the biggest share of LNG-powered vessels, but other types of ships are being tempted by the gas option. In 2018, only seven LNG container ships were built. That number has more than doubled in 2022 with 171 LNG container ships on order around the world today.


Information Source: Read More

ENERGY | ELECTRIC POWER | NATURAL GAS | AUTOMOTIVE | CLIMATE | RENEWABLE | WIND | TRANSITION | LPG | OIL & GAS | SOLAR | ELECTRIC VEHICLES| BIOMASS | SUSTAINABILITY | OIL PRICE |COMMODITIES | ELECTRIC POWER | NUCLEAR | LNG | REFINED PRODUCTS | SHIPPING|

#FOLLOW US ON INSTAGRAM