It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
Mobile carbon capture in shipping is technically feasible.
Mobile carbon capture in shipping is technically feasible and has a long term role to play in meeting the industry’s decarbonization targets.
That’s according to a new feasibility study conducted by the oil and gas climate initiative (OGCI) and Stena Bulk, an international tanker owner and operator. The study found, however, that high operational and capital expenses would be involved in any deployment and recommended further work should be done to compare costs of carbon capture against other long-term marine carbon dioxide reduction technologies.
“The study’s findings demonstrate that marine carbon capture can play a role in meeting the International Marine Organizations (IMO) 2050 target of reducing emissions from the industry by 50 percent compared to 2008 baselines,” a statement published on the OGCI’s website noted.
“The decarbonization of shipping is a critical part of achieving global pathways to net zero. Transportation contributes 24 percent of global energy-related greenhouse gas emissions and around 10 percent of that total comes from international deep-sea shipping,” the statement added.
“The results have encouraged the team to pursue a demonstration to validate their assumptions and uncover further opportunities,” the statement continued.
Launched in October last year, the study investigated the potential of capturing carbon from the exhaust gases of the large internal combustion engines that large ships predominantly use for propulsion.
A range of factors including energy balances, fundamental physics and integration challenges were assessed using a Suezmax ship. The study noted that the team chose the Suezmax because it offered the highest potential impact if successful, even though it represented the greatest technical challenge.
The OGCI describes itself as a CEO-led initiative that aims to accelerate the industry response to climate change. Members comprise Saudi Aramco, BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Petrobras, Repsol, Shell and TotalEnergies.
In October this year, the OGCI published its updated performance data, covering the four years to 2020. According to the data, absolute upstream and downstream methane emissions fell 18 percent in 2020, and 33 percent since 2017, carbon intensity fell eight percent in 2020 and 14 percent since 2017, and upstream flaring emissions fell 20 percent in 2020 and 29 percent since 2017.
In September, the organization updated its 2025 carbon and methane emission intensity targets, which now have a potential additional saving of around 50 million tons of greenhouse gases per year, the OGCI highlighted.
The costs of installing carbon capture systems onboard revealed
November 23, 2021
MHI
A feasibility study conducted by the Oil and Gas Climate Initiative (OGCI) and Swedish tanker owner Stena Bulk shows the costs involved in installing carbon capture devices on ships. The study makes clear that such technology is feasible – something already demonstrated at sea in Japan by Kawasaki Kisen Kaisha (K Line) earlier this year – but it comes at quite a price, both in terms of installation and operating costs.
The costs for installation come in at around $30m for a system capable of capturing 90% of all CO2 emitted at sea (see chart below), while annual operating costs for such a system are estimated to be in excess of $2m a year, essentially adding another 25% to a ship’s annual operating expenses.
Despite the costs, the results from the OCGI/Stena Bulk study have encouraged the team to pursue a demonstration to validate their assumptions and uncover further opportunities.
Onboard CO2 storage developments are making plenty of headlines this year. Dutch scrubber manufacturer Value Maritime is installing a CO2 capture and storage unit on a 1,036 teu boxship, Nordica, belonging to Visser Shipping.
In South Korea, meanwhile, Daewoo Shipbuilding & Marine Engineering (DSME) has developed a technology to store CO2 captured in ship engine emissions. The South Korean yard said it plans to commercialise the technology as soon as possible.
It was also recently announced that Wärtsilä Exhaust Treatment and Solvang, a Norwegian shipping company, have agreed on a full-scale pilot retrofit installation of a CCS system on one of Solvang’s ethylene carriers, the 21,000 cu m Clipper Eos.
Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Australia, Germany commit $123m to fund hydrogen projects
A hydrogen pipeline in Duisburg, Germany, on Nov 16, 2021.
PHOTO: EPA-EFE
NOV 23, 2021,
MELBOURNE (REUTERS) - Australia and Germany plan to spend around US$90 million (S$123 million) to fund hydrogen projects as part of a joint push to speed up development of the clean fuel to help cut carbon emissions, the Australian government said on Tuesday (Nov 23).
Germany has committed €50 million (S$76.7 million) and Australia A$50 million (S$49.3 million) towards the alliance, first announced in June.
"The recent release of the first report from HySupply, our joint Australian-German hydrogen supply chain study, found there is great potential for Australian hydrogen to supply growing demand in Germany," Energy Minister Angus Taylor said in a statement.
The two sides will start accepting bids for funding from the joint Hydrogen Innovation and Technology Incubator, called HyGate, in the first quarter of 2022.
"Being able to draw on Germany's expertise in hydrogen technology will help our domestic industry add value and reduce costs in all stages of the hydrogen supply chain," said Assistant Industry Minister Tim Wilson.
Australia's conservative government is betting on hydrogen to help the country meet its target of net-zero emissions by 2050 as it looks to wean the country off coal and gas.
Australia's ARENA to oversee hydrogen project with Germany
HIGHLIGHTS
Australia and Germany have committed up to A$50 mil and Eur50 mil for renewable hydrogen projects
Germany-Australia signed hydrogen accord in June
The Australian Renewable Energy Agency (ARENA) will team up with Germany's Federal Ministry of Education and Research (BMBF) to administer the German-Australian Hydrogen Innovation and Technology Incubator, called HyGATE, and support pilots, trials, demonstrations and research for hydrogen projects, Australia's federal agency said in a statement Nov. 23.
Germany and Australia signed the 'Germany Australia Hydrogen Accord' June 13 to produce renewable hydrogen, with Australia looking to become a major hydrogen exporter and Germany having expertise in hydrogen technology importing significant quantities of hydrogen.
"Having already committed over A$160 million ($115.58 million) into renewable hydrogen research, studies and electrolyser deployments, ARENA now has an opportunity to highlight Australia's innovation and commitment to growing and being at the forefront of a renewable hydrogen economy," ARENA CEO Darren Miller said.
Australia and Germany have committed up to A$50 million and Eur50 million, respectively, to invest in new renewable hydrogen projects. Australia will provide the funds from A$565.8 million committed in the 2021-22 budget initiative to establish low emissions technology partnerships and initiatives with key trading and strategic partners, the statement said.
The country's Special Adviser on Low Emissions Technology Dr Alan Finkel, who played a key role in brokering the hydrogen partnership with Germany will work closely with ARENA and Australia's Department of Industry, Science, Energy and Resources to deliver HyGATE.
"The HyGATE initiative is an important step in bringing together Australian and German technological excellence, to fast-track the development of zero-emissions hydrogen technologies," Dr Finkel said.
ARENA and BMBF aim to open a new funding round for HyGATE in the first quarter of 2022.
According to Australia's National Hydrogen Strategy, by 2050, Japan alone intends to import up to 10 million tonnes of hydrogen per year, while the Republic of Korea, China, and the United States will have millions of hydrogen vehicles on their roads, and the European Union will be using hydrogen for heating, transport, and industrial applications to meet its 2050 target of net zero emissions.
"Our major energy trading partners have set clear targets as waypoints to becoming 'hydrogen societies'," National Hydrogen Strategy said.
S&P Global Platts assessed New South Wales Hydrogen produced via alkaline electrolysis, including CAPEX at A$3.4/kg Nov. 22, down 41.88% from A$5.58/kg Oct. 22.
New South Wales Hydrogen produced via coal gasification with CCS and including capex CAPEX was assessed at $2.55/kg Nov. 22, down 23% from A$3.33/kg Oct. 22.
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