×

We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Insight

Decarbonising shipping through synthetic fuels - the global outlook for marine e-fuels

Get this report

$900

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

30 June 2022

Decarbonising shipping through synthetic fuels - the global outlook for marine e-fuels

Report summary

There is growing interest in the role for synthetic e-fuels produced using green hydrogen, as a potential pathway for decarbonising marine transport. E-methanol is the most market ready marine e-fuel and could become increasingly competitive by the mid-2030s, using biomass derived CO2. On the other hand, considerable barriers still need to be overcome for e-ammonia to be adopted as a shipping fuel. E-fuels are forecast to account for 14% of global marine fuel demand by 2050 in our base case outlook, displacing nearly 0.8 million b/d of marine fuel sales. Meeting the IMO 2050 decarbonisation target would require e-fuels marine market share to rise to just over 40%, increasing shipping’s share of global low carbon hydrogen supply from 7% to 20% by 2050. However, further increases in green hydrogen production would be challenging, due to the requirements for additional renewable energy capacity.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Decarbonising Shipping Through Synthetic Fuels Global Outlook For Marine E Fuels.pdf

    PDF 1.33 MB