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author = {Englert, D and Losos, A and Raucci, C and Fricaudet, M and Smith, T},
title = {The Potential of Zero-Carbon Bunker Fuels in Developing Countries},
publisher = {World Bank, Washington, DC},
year = {2021},
month = {apr},
doi = {10.1596/35435},
url = {https://openknowledge.worldbank.org/handle/10986/35437},
keywords = {Forest Biomass, Wastes and Byproducts, CO₂, Fossil-derived Hydrocarbons, Heavy Fuel Oil (HFO), Ammonia, Methanol, Hydrogen, Ethanol, Biodiesel (FAME), Electrochemical, Co-processing, Thermochemical, Fuel Production Pathways, Markets and Forecasting, Policy, Strategy and Transition Pathways, Ocean-going Vessels},
}
RIS
TI - The Potential of Zero-Carbon Bunker Fuels in Developing Countries
AU - Englert, D
AU - Losos, A
AU - Raucci, C
AU - Fricaudet, M
AU - Smith, T
AB - No AccessOther Infrastructure Study15 Apr 2021The Potential of Zero-Carbon Bunker Fuels in Developing CountriesAuthors/Editors: Dominik Englert, Andrew Losos, Carlo Raucci, Tristan SmithDominik Englert, Andrew Losos, Carlo Raucci, Tristan Smithhttps://doi.org/10.1596/35435SectionsAboutPDF (18.7 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: To meet the climate targets set forth in the International Maritime Organization's Initial GHG Strategy, the maritime transport sector needs to abandon the use of fossil-based bunker fuels and turn toward zero-carbon alternatives which emit zero or at most very low greenhouse gas (GHG) emissions throughout their lifecycles. This report, "The Potential of Zero-Carbon Bunker Fuels in Developing Countries", examines a range of zero-carbon bunker fuel options that are considered to be major contributors to shipping's decarbonized future: biofuels, hydrogen and ammonia, and synthetic carbon-based fuels. The comparison shows that green ammonia and green hydrogen strike the most advantageous balance of favorable features due to their lifecycle GHG emissions, broader environmental factors, scalability, economics, and technical and safety implications. Furthermore, the report finds that many countries, including developing countries, are very well positioned to become future suppliers of zero-carbon bunker fuels—namely ammonia and hydrogen. By embracing their potential, these countries would be able to tap into an estimated $1+ trillion future fuel market while modernizing their own domestic energy and industrial infrastructure. However, strategic policy interventions are needed to unlock these potentials. Previous bookNext book FiguresreferencesRecommendeddetails View Published: April 2021 Copyright & Permissions Related CountriesBrazilIndiaMalaysiaMauritiusRelated TopicsEnergyEnvironmentTransport KeywordsBIOFUELAIR QUALITYRENEWABLE ENERGYNATURAL GAS PDF DownloadLoading ...
DA - 2021/04//
PY - 2021
SP - 140
PB - World Bank, Washington, DC
UR - https://openknowledge.worldbank.org/handle/10986/35437
DO - 10.1596/35435
LA - English
KW - Forest Biomass
KW - Wastes and Byproducts
KW - CO₂
KW - Fossil-derived Hydrocarbons
KW - Heavy Fuel Oil (HFO)
KW - Ammonia
KW - Methanol
KW - Hydrogen
KW - Ethanol
KW - Biodiesel (FAME)
KW - Electrochemical
KW - Co-processing
KW - Thermochemical
KW - Fuel Production Pathways
KW - Markets and Forecasting
KW - Policy, Strategy and Transition Pathways
KW - Ocean-going Vessels
ER -
Abstract
No AccessOther Infrastructure Study15 Apr 2021The Potential of Zero-Carbon Bunker Fuels in Developing CountriesAuthors/Editors: Dominik Englert, Andrew Losos, Carlo Raucci, Tristan SmithDominik Englert, Andrew Losos, Carlo Raucci, Tristan Smithhttps://doi.org/10.1596/35435SectionsAboutPDF (18.7 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: To meet the climate targets set forth in the International Maritime Organization's Initial GHG Strategy, the maritime transport sector needs to abandon the use of fossil-based bunker fuels and turn toward zero-carbon alternatives which emit zero or at most very low greenhouse gas (GHG) emissions throughout their lifecycles. This report, "The Potential of Zero-Carbon Bunker Fuels in Developing Countries", examines a range of zero-carbon bunker fuel options that are considered to be major contributors to shipping's decarbonized future: biofuels, hydrogen and ammonia, and synthetic carbon-based fuels. The comparison shows that green ammonia and green hydrogen strike the most advantageous balance of favorable features due to their lifecycle GHG emissions, broader environmental factors, scalability, economics, and technical and safety implications. Furthermore, the report finds that many countries, including developing countries, are very well positioned to become future suppliers of zero-carbon bunker fuels—namely ammonia and hydrogen. By embracing their potential, these countries would be able to tap into an estimated $1+ trillion future fuel market while modernizing their own domestic energy and industrial infrastructure. However, strategic policy interventions are needed to unlock these potentials. Previous bookNext book FiguresreferencesRecommendeddetails View Published: April 2021 Copyright & Permissions Related CountriesBrazilIndiaMalaysiaMauritiusRelated TopicsEnergyEnvironmentTransport KeywordsBIOFUELAIR QUALITYRENEWABLE ENERGYNATURAL GAS PDF DownloadLoading ...