Lloyd’s Register (LR) has published the latest report in its Fuel for thought series, providing an assessment of hydrogen’s potential role in maritime decarbonization. Fuel for thought: Hydrogen examines hydrogen from production and supply through to
Lloyd’s Register (LR) has published the latest report in its Fuel for thought series, providing an assessment of hydrogen’s potential role in maritime decarbonization.
Fuel for thought: Hydrogen examines hydrogen from production and supply through to onboard use, highlighting the fuel’s advantages alongside the safety, infrastructure and cost challenges that currently restrict its adoption.
Green hydrogen has the potential to deliver zero tank-to-wake greenhouse gas emissions when used in fuel cells and has a vital role as the building block for e-fuels such as ammonia and methanol. But hydrogen’s low volumetric energy density, the need for cryogenic storage at –253°C and heightened safety risks means that the fuel is far from a ready-made solution for most ship types.
The report notes that while interest is rising, particularly as regulatory measures tighten, hydrogen-capable vessels still represent less than 0.5% of the global orderbook.
The assessment comes as shipowners face increasing pressure to cut emissions under the EU ETS, FuelEU Maritime and the IMO’s 2050 net-zero ambition. Green hydrogen stands to gain from FuelEU Maritime’s two-times multiplier for renewable fuels of non-biological origin until 2033, a mechanism that could accelerate its uptake as production scales.
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