Switching to clean alternative fuels is the key component of the decarbonisation of shipping. But it faces the classic “chicken and egg” problem of who moves first: the fuel producers, the refuelling ports or their customers the ship and cargo owners. Aparajit Pandey and Oscar Hernandez at RMI explain how a “book and claim” system can be the answer. It’s already proven itself in electricity markets and the aviation sector. Digital tokens are … [Read more...]
Turning Ethanol production’s CO2 by-product into E-Fuels using Wind power
With vast open spaces, Midwest states in the U.S. produce millions of gallons of ethanol from corn as well as thousands of kilowatt-hours of electricity from wind farms every year. Research led by NREL is working on using wind power to drive electrolysers that turn the ethanol’s CO2 by-product into e-fuels, explains Erik Ringle at NREL. A typical 50 million-gallon-per-year ethanol plant releases 14 tons of CO2, a natural by-product of … [Read more...]
EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors
The EU’s Emissions Trading Scheme is a vital part of the region’s decarbonisation plans. Simon Göss at carboneer digs into the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). Right now, the existing EU ETS covers around 40% of the EU’s emissions (energy sector, industrial installations and aviation). Its scope is being extended to include maritime transport. On top of that, … [Read more...]
EU “Fit for 55”: how it impacts the EU ETS to accelerate emissions reductions
Christoph Kellermann, Lun Zhou and Simon Göss at Energy Brainpool explain how the EU’s new “Fit for 55” proposals, released in July, will impact the EU Emissions Trading Scheme (EU ETS), hailed as one of the most effective ways of reducing emissions. The authors cover the changes to the existing ETS, the planned new ETS for road transport and buildings, the controversial Carbon Border Adjustment Mechanism (CBAM), and the new CO2 standards for … [Read more...]
