New study explores renewable fuels’ future potential
WinGD and Envision have released a new study examining the operational costs of ships powered by renewable fuels, providing a look at how green shipping economics are expected to evolve in the coming years.
Green fuels can be competitive in the near future
According to the “Renewable Fuel Economics: An OPEX Illustration Based on Current Costs” report, green fuels can be competitive in the near future. While a vessel fueled by green ammonia currently costs nearly three times as much to operate as a VLSFO-fueled vessel, that premium will decrease rapidly if prices evolve as expected – and if an
Content Original Link:
" target="_blank">
