More than 20 e-fuel producers are calling on leaders to adopt the International Maritime Organization’s (IMO) Net Zero Framework and to provide specific incentives for green e-fuels, according to T&E on Monday (13 October).
At this week’s extraordinary session, leaders will come together in London to discuss the adoption of the IMO’s Net Zero Framework (NZF) that was agreed in April earlier this year. A final vote is expected on Thursday or Friday.
Through a joint letter to IMO, the group of companies, including the likes of European Energy, Liquid Wind, ET Fuels, HIF Global and Zero Waste calls on the IMO to adopt the deal and to include specific incentives for green e-fuels which are currently at a disadvantage to LNG and biofuels.
That is despite hydrogen-based e-fuels providing much greater emissions savings and being the only fuel that cannot. Together the signatories have projects in Africa, South and North America, Europe, South Asia as well as Oceania.
Dr Alison Shaw, IMO manager at T&E, said: “E-fuel producers need policy certainty to get green shipping fuels off the ground. Shipping could become a major offtaker for hundreds of projects worldwide, but only under the right rules.
“The current IMO Net-Zero Framework leaves e-fuels competing with cheaper and unsustainable options like fossil gas and first-generation biofuels. The message from producers is clear: to decarbonise shipping at scale, incentives for green e-fuels are essential. Without targeted incentives, shipping’s energy transition risks stalling before it begins.”
