Lloyd’s Register’s business advisory team is collaborating with ROTOBOOST and Amogy on a fuel cell and pre-combustion Carbon Capture Storage System (CCS) research to identify emission reduction options.
The joint development project (JDP) will assess the technological readiness, financial viability, and regulatory implications of hydrogen fuel cells, ammonia and methane cracking technologies, and carbon capture and storage.
The results will establish the technologies’ capacity to reduce emissions and costs across a specified container feeder fleet in regard to Emissions Trading Scheme (EU ETS), FuelEU, and IMO CII (Carbon Intensity Indicator) standards, as compared to conventional fuels.
The research will focus on Amogy’s ammonia-to-electrical power system, ROTOBOOST’s Marine Hydrogen production technology, and PowerCell’s Marine System 200 hydrogen fuel cell, as well as the additional related costs as compared to other developing fuel sources.
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Jack Spiros Pringle, Lead Consultant, Business Advisory, Lloyd’s Register, said: “This JDP represents a significant step forward for alternative forms of propulsion as shipowners explore options to align with the new EU carbon market requirements and international regulations.”
Seonghoon Woo, CEO, Amogy, stated: “The adoption of Amogy’s system presents a strong competitive edge by not only lowering carbon emissions for this hard-to-abate sector but also affecting commercial upside by avoiding European carbon taxes and improving compliance with the CII regulations.”
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Kaisa Nikulainen, CEO, ROTOBOOST, said: “ROTOBOOST’s Marine Hydrogen technology not only generates solid carbon as a byproduct during the hydrogen production process, but also enables LNG to become a compliant fuel many years into the future, in addition to its wide availability and affordability.
“By removing carbon from LNG before it combusts, ROTOBOOST’s thermocatalytic decomposition process system transforms what would have become CO2 into a highly valuable solid carbon. This approach bridges the gap between economic viability and environmental sustainability.
“This Joint Development Project combines commercial and technical expertise to explore emerging emissions reduction technologies, ultimately driving shipping’s decarbonisation through truly sustainable solutions.”