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Clean Energy Research

Longspur Thematic
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Shipping Decarbonisation Research
Attention All Shipping
Methanol Gains Momentum
published 21st March 2023
Methanol is gaining traction as a shipping fuel largely because of new regulation at the IMO and in Europe. Methanol can deliver a viable route to compliance which can keep up with ever tightening regulation by offering both retrofit and replacement options and then allowing grey and lower emission methanol to be blended to meet compliance needs. As a result, we predict a total addressable annual market for methanol in shipping of 179MT HFO equivalent by 2050, which could almost double current methanol demand
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Shipping-2-scaled
Methanol demand has the potential to double in line with new regulation
Shipping Decarbonisation Research
All At Sea
Methanol And Shipping
published 25th January 2022
The shipping industry is likely to be driven towards decarbonisation by the twin pressures of customer demand and regulation. Leading shipowners are already making significant strides in the right direction. Solutions are varied but are driven by considerations of emission reduction potential, fuel density, usability and cost
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We think hydrogen and methanol stand out as key solutions in a market worth $105bn per annum with methanol taking an immediate role as commercially and technically viable today