In the quest to decarbonize the maritime sector, a new study offers a glimmer of hope, suggesting that onboard carbon capture (OCC) could emerge as a viable technology to help the industry meet stringent emissions regulations. Published in the journal “Transportation Research Interdisciplinary Perspectives” and led by Mohamed Ali Saafi of Aramco Overseas Company in Paris, the research introduces a novel approach to assessing the potential of mobile carbon capture (MCC) in the maritime sector.
The study, which employs a python-based optimization model called the Mobility and Energy Transportation Analysis Model, paints a picture of the maritime sector’s current and projected energy demand. It explores various scenarios, including the International Maritime Organization’s (IMO) aspirations to achieve carbon neutrality by 2050 on a Well to Wake basis. The research also delves into the market opportunities for OCC technology through 2050, comparing it to alternative decarbonization technologies.
One of the standout features of this research is its consideration of consumer decision-making as a key factor in shaping the future of marine vessels. “We believe that understanding consumer behavior is crucial in determining the market penetration of new technologies,” Saafi explains. The study also takes into account detailed cost categories, including intangible costs associated with MCC system cost components for different capture rates, as well as the total cost of owning each vessel technology.
The findings suggest that OCC could indeed be a viable alternative to help decarbonize the marine fleet and comply with IMO regulations. This is significant news for the energy sector, as the maritime industry accounts for around 25% of energy-related greenhouse gas emissions. The study’s insights could shape future developments in the field, influencing investment decisions and policy-making.
As the world grapples with the challenges of climate change, research like this offers a beacon of hope. It underscores the importance of innovation and technological advancement in the fight against emissions. For the energy sector, the study’s findings could open up new avenues for investment and collaboration, driving the transition towards a low-carbon future.
In the words of Saafi, “Our research highlights the potential of OCC technology in the maritime sector. It’s a promising avenue that warrants further exploration and investment.” As the industry continues to evolve, studies like this will be instrumental in guiding the way forward, ensuring that the maritime sector plays its part in the global effort to combat climate change.