Production of e-Ammonia in Developing Countries Bears Double Costs, Study Shows
A new study released by UMAS and UCL Energy Institute Shipping and Oceans Research Group shows that poor access to funding and higher costs of capital in developing countries could almost double the prices of e-fuels they produce, compared to developed economies, even when renewable energy resources such as onshore wind and solar are superior. The report, "The Cost of Capital Challenge in Delivering a Just and Equitable Transition for Shipping," compares the costs of producing e-ammonia - a promising low emission shipping fuel - across Australia, Brazil, India, and African nations.
MOL Becomes Member of International e-Methane Coalition
Mitsui O.S.K. Lines (MOL) has joined the e-NG Coalition, an international alliance that aims to accelerate the development and use of e-methane to accelerate the decarbonization of shipping industry.With the addition of MOL, the total number of participating companies of the e-NG alliance has increased to 20.Through its participation in the alliance, MOL will establish an international supply chain for next-generation fuels and accelerate its initiatives to reduce the environmental…
