Aug 31, 2023 · Methanol is a colourless liquid mainly used for producing other chemicals such as formaldehyde, acetic acid and plastics. It can be used as a fuel source for engines. Unlike traditional methanol, which is derived from fossil fuels, green methanol is produced from low-carbon sources such as biomass, or via carbon capture.

Jan 22, 2025 · If green methanol and green/blue ammonia are successfully scaled and adopted in the maritime sector, the world could witness a significant reduction in greenhouse gas emissions from shipping activities, contributing to mitigating the impacts of climate change and paving the way for a more sustainable future.

Feb 24, 2025 · E-methanol remains significantly more expensive than fossil-based methanol due to high renewable electricity costs and production inefficiencies. Supportive policies, such as carbon pricing, lifecycle emissions standards and green shipping corridors, will be essential to scale e-methanol.

Methanol is widely used as a shipping fuel and a feedstock for the chemical industry, but its production is highly carbon-intensive. Producing one tonne of conventional methanol can emit up to 1.5 tonnes of CO2. While green methanol can cut these emissions by over 90%, its high production cost has slowed adoption.

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Nov 30, 2023 · While bringing green ammonia to the fore is a priority, so too must be scaling down brown ammonia. Transforming agriculture and food systems to be less reliant on brown ammonia is a key part of this puzzle, particularly given a third of human-produced greenhouse gas emissions comes from food systems .

Nov 22, 2024 · Green hydrogen and its derivatives, e-ethanol and e-ammonia, are emerging as cornerstone solutions for maritime decarbonization. These fuels align with the IMO’s progress towards a set of binding global regulations for the industry, …

Apr 18, 2024 · In January, Maersk, the city of Yokohama, Japan and Mitsubishi Gas Chemical signed a Memorandum of Understanding to develop green methanol bunkering infrastructure at the Port of Yokohama. This is just one example of how stakeholders across the value chain getting together to build enabling infrastructure.

Dec 2, 2023 · A market is emerging. Maersk owned “Laura Maersk” entered into service this year – as the first container ship running on green methanol. Next year, several large ocean-going vessels will join the Maersk fleet and long-term they will be fuelled by a landmark green methanol offtake agreement. But only two years ago, Laura Maersk was the ...

Dec 12, 2024 · The steel industry is transitioning to green hydrogen to replace coal in the production process, and green hydrogen is expected to contribute to 21% of steel emissions reduction by 2050. 53 The chemicals industry receives 93% of its energy from fuels but will also need to shift towards green hydrogen, ammonia and methanol to reduce emissions ...