The demand for cleaner energy solutions is increasing in all transport and industry sectors. The increased demand is largely due to the need to reduce emissions and mitigate the effects of climate change. The independent study report launched Thursday 11 April revealed that greenhouse gas reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle from Well-to-Wake.
The study shows that LNG provides a significant advantage in terms of improving air quality which is particularly important in ports and coastal areas. Beyond the benefits associated with reducing air pollutants, LNG is a viable solution to reduce GHG emissions from international shipping and to contribute to the International Maritime Organization (IMO) GHG reduction targets.
The key benefits of using LNG are:
- GHG reduction of up to 21 % compared with current oil-based marine fuels over the entire life cycle from Well-to-Wake (WtW).
- On a Tank-to-Wake (TtW) basis, the combustion process for LNG as a marine fuel shows GHG benefits of up to 28 % compared with current oil-based marine fuels.
- Local pollutants, such as sulphur oxides (SOX), nitrogen oxides (NOX) and particulate matter (PM), are reduced when using LNG compared with current conventional marine fuels up to 99%, 95% and 99% respectively.
- This study presents the current status of the industry; ongoing optimization in supply chain and engine technology developments will further enhance the benefits of LNG as a marine fuel.
Reviewed by academic experts
The study, commissioned by SEA\LNG and SGMF, was conducted by leading data and consultancy provider Thinkstep according to ISO standards. The report, which has been reviewed by a panel of independent academic experts, is the definitive study into GHG emissions from current marine engines.
Source:https://info.thinkstep.com/lng-ghg-study?hs_preview=iCocCGSo-8445007461