In this list
Energy Transition | Oil | Petrochemicals | Shipping

Ammonia touted as potential ‘staple fuel’ as maritime sector eyes sustainable future

Energy | Electric Power | Renewables | LNG | Natural Gas | Oil | Shipping

Energy Transition

Electric Power | Electricity | Energy | Energy Transition

European Long-Term Power Forecast

Energy | Oil | Energy Transition

APPEC 2023

Energy | Natural Gas | Energy Transition | Electric Power | Renewables | Electricity | Emissions

Cables delivered for power transmission project bringing 1,250 MW into New York City

Metals | Energy | Energy Transition | Coal | Steel Raw Materials | Emissions | Carbon | Steel

China iron ore agency strikes deals but supply-demand factors still dominate pricing

For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.

Subscribe Now

Listen: Ammonia touted as potential ‘staple fuel’ as maritime sector eyes sustainable future

  • Featuring
  • Jasmin Melvin
  • Commodity
  • Energy Transition Oil Petrochemicals Shipping
  • Length
  • 19:32
  • Topic
  • Energy Transition Environment and Sustainability

The International Maritime Organization has set its sights on slashing the global shipping industry's total emissions in half by 2050, with an interim target of cutting the carbon intensity of all ships by at least 40% by 2030. S&P Global Platts Analytics expects momentum to build for ammonia-fueled ships as companies strive to meet these ambitious goals, and sees the potential for more than 2,500 vessels to be powered by ammonia by 2030 under an aspirational case, while its reference case is more conservative at 469 vessels.

Senior editor Jasmin Melvin spoke with Carbon Neutral Consulting President Steve Crolius about potential applications for ammonia in a sustainable energy economy and what is needed for the fuel to take off within the maritime industry.

Stick around after the interview for Jeff Mower with the Market Minute, a look at near-term oil market drivers.

This podcast was produced by Jasmin Melvin in Washington and Jennifer Pedrick in Houston.

Tell us more about your podcast preferences so we can keep improving our shows. Take our two-minute survey here: https://bit.ly/plattspod22

Related content:

Maritime sector eyes carbon price on bunker fuels as possible decarbonization solution

Experts urge US Congress to review DOE's clean hydrogen funding priorities

Ammonia in a sweet spot to meet shipping's decarbonization objectives: experts

More listening options:

Platts Capitol Crude Podcast on Spotify

Platts Capitol Crude Podcast on Apple Podcasts

Platts Capitol Crude Podcast on Google Podcasts