Alternative Fuels & Chemicals Coalition’s Post

From new engines to retrofit solutions, design approvals to vessel orders and bunkering agreements, methanol was everywhere in 2023, but as Gregory Dolan, CEO of The Methanol Institute discusses in Bunkerspot, the transition process to a cleaner shipping industry continues. So, what does 2024 have in store for methanol as a marine fuel? The signs are certainly positive; methanol provides a practical, implementable pathway for the maritime industry regarding timescale, regulation, and fuel production. The technology is in place: proven, approved, and straightforward to implement in practice. As the IMO develops its own GHG lifecycle guidelines this year, it will be important to adopt a transition approach that facilitates the contribution of conventional, blue, and green fuels towards targets for low carbon and for net carbon neutral emissions. A market mechanism will ultimately be essential and is something the industry needs to work together to promote. We will continue providing the support the industry needs, from newbuilding and retrofit decisions, informing regulation and policy, and promoting the infrastructure enabling the energy transition. https://bit.ly/35fAEtR #methanol #efuel #energy #energytransition #futurefuel #cleanfuel #alternativefuel #marine #maritime

There is a significant need to scale up production of zero and near-zero emission fuels. LR Maritime Decarbonisation Hub's 'The Future of Maritime Fuels’ report examines a wide range of future fuel mix projections to help address challenges in balancing demand, supply, and investment in alternative fuel pathways. Find out more: https://loom.ly/Niv4JiA #EnergyTransition #LRHorizons

From new engines to retrofit solutions, design approvals to vessel orders and bunkering agreements, methanol was everywhere in 2023, but as Gregory Dolan, CEO of The Methanol Institute discusses in Bunkerspot, the transition process to a cleaner shipping industry continues. So, what does 2024 have in store for methanol as a marine fuel? The signs are certainly positive; methanol provides a practical, implementable pathway for the maritime industry regarding timescale, regulation, and fuel production. The technology is in place: proven, approved, and straightforward to implement in practice. As the IMO develops its own GHG lifecycle guidelines this year, it will be important to adopt a transition approach that facilitates the contribution of conventional, blue, and green fuels towards targets for low carbon and for net carbon neutral emissions. A market mechanism will ultimately be essential and is something the industry needs to work together to promote. We will continue providing the support the industry needs, from newbuilding and retrofit decisions, informing regulation and policy, and promoting the infrastructure enabling the energy transition. https://bit.ly/35fAEtR #methanol #efuel #energy #energytransition #futurefuel #cleanfuel #alternativefuel #marine #maritime

The Methanol Institute has prepared a position paper outlining key considerations for building the life-cycle approach behind the International Maritime Organization’s Greenhouse Gas Reduction Strategy. This brief identifies LCA components to simultaneously ensure the effectiveness of IMO’s measures and support the integration of low-carbon and net-carbon neutral fuels into the global marine fuel pool. It also suggests additional components complimentary to LCA, including a mass balance approach, blended fuels, book and claim, and onboard carbon capture. https://bit.ly/35fAEtR #methanol #alternativefuel #renewable #cleanfuel #futurefuel #energytransition #sustainable

From new engines to retrofit solutions, design approvals to vessel orders and bunkering agreements, methanol was everywhere in 2023, but as Gregory Dolan, CEO of The Methanol Institute discusses in Bunkerspot, the transition process to a cleaner shipping industry continues. So, what does 2024 have in store for methanol as a marine fuel? The signs are certainly positive; methanol provides a practical, implementable pathway for the maritime industry regarding timescale, regulation, and fuel production. The technology is in place: proven, approved, and straightforward to implement in practice. As the IMO develops its own GHG lifecycle guidelines this year, it will be important to adopt a transition approach that facilitates the contribution of conventional, blue, and green fuels towards targets for low carbon and for net carbon neutral emissions. A market mechanism will ultimately be essential and is something the industry needs to work together to promote. We will continue providing the support the industry needs, from newbuilding and retrofit decisions, informing regulation and policy, and promoting the infrastructure enabling the energy transition. https://bit.ly/35fAEtR #methanol #efuel #energy #energytransition #futurefuel #cleanfuel #alternativefuel #marine #maritime

Lloyd's Register's tool is a valuable resource for assessing the readiness of zero-carbon fuels in the maritime sector. It evaluates alternative solutions across the fuel supply chain, focusing on 3️⃣ key pillars: 👩💻 Technology: Analyzes the technological advancements and infrastructure necessary for implementing zero-carbon fuels. 💹 Investment: Assesses the financial backing and economic viability of these fuels in maritime applications. 👯 Community: Evaluates social acceptance and the engagement of stakeholders, which is crucial for successful implementation. This comprehensive approach helps stakeholders decide about transitioning to sustainable fuel options. Thank you, Juvarya Veltkamp GCB.D, SCR from C40 Cities, for sharing this with us! #transition #zeroemission #fuels #energy #maritime #decarbonization #vancouver https://lnkd.in/gSKAzsjv

Since its start, the LCFS has displaced 25 billion gallons of petroleum with renewable fuels, cutting GHG emissions by 26 million metric tons in 2022—equal to removing 5.8 million cars from the road! 🚗💨 Diesel Direct is proud to be part of this movement, delivering cleaner, renewable fuels that drive both environmental progress and economic growth. The LCFS helps: ✅ Exceed GHG reduction goals ✅ Reduce foreign oil reliance ✅ Lower costs through market competition As CARB considers changes, it’s vital to keep a strong, tech-neutral program that embraces all clean fuel solutions. Let’s continue pushing for a sustainable future! 🌍⚡ Learn more: https://lnkd.in/eeGB9x9v Visit us at: https://lnkd.in/eGxikUWe #LCFS #CleanEnergy #DieselDirect #GHGReduction #Sustainability #CARB #RenewableDiesel

Looking for assessment and decisions? The report is for you!

The Methanol Institute has prepared a position paper outlining key considerations for building the life-cycle approach behind the International Maritime Organization’s Greenhouse Gas Reduction Strategy. This brief identifies LCA components to simultaneously ensure the effectiveness of IMO’s measures and support the integration of low-carbon and net-carbon neutral fuels into the global marine fuel pool. It also suggests additional components complimentary to LCA, including a mass balance approach, blended fuels, book and claim, and onboard carbon capture. https://bit.ly/35fAEtR #methanol #alternativefuel #renewable #cleanfuel #futurefuel #energytransition #sustainable

The Methanol Institute has prepared a position paper outlining key considerations for building the life-cycle approach behind the International Maritime Organization’s Greenhouse Gas Reduction Strategy. This brief identifies LCA components to simultaneously ensure the effectiveness of IMO’s measures and support the integration of low-carbon and net-carbon neutral fuels into the global marine fuel pool. It also suggests additional components complimentary to LCA, including a mass balance approach, blended fuels, book and claim, and onboard carbon capture. https://bit.ly/35fAEtR #methanol #alternativefuel #renewable #cleanfuel #futurefuel #energytransition #sustainable