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Representatives of the maritime sector have officially launched an initiative to promote green fuel supply to support the global energy transition.
The Clean Energy Maritime Hub Initiative, led by the International Chamber of Shipping (ICS) and the International Association of Ports and Harbors (IAPH) and the CEO-led Clean Energy Maritime Task Force, today unveiled the Clean Energy Ocean Hub Initiative at the Clean Energy Ministerial (CEM) in Pittsburgh.
The initiative will serve as a convening platform for senior public and private stakeholders from the ports, shipping, finance and energy sectors, covering the energy-maritime value chain. ICS and IAPH will launch events with governments attending CEM to advance the production, export and import of low carbon fuels.
The governments of Canada and the United Arab Emirates (UAE) confirmed at the CEM conference in Pittsburgh that they will be among the first countries to support this critical initiative to help accelerate the world’s transition to green fuels and technologies.
The initial concept to create the Green Ocean Centre was announced earlier this year as a forum to enable policymakers and industry stakeholders to quickly unlock clean energy deployments. The announcement represents the next step in developing a plan that will help unlock the potential for global adoption of zero-emission fuels.
CEM is a meeting of 29 energy ministers from major governments and is part of the US Department of Energy’s Global Clean Energy Action Forum (GCEAF). The forum brings together advocates from the energy community to share ideas on how to achieve a successful global green transition.
Representatives from the maritime sector expect Canada and the UAE’s participation to create a “pathway” for other countries. The ICS-organized plenary also discussed the broader goals of the initiative. Key objectives include facilitating the exchange of information and knowledge on policies, programmes and decarbonisation projects to reduce investment risk and accelerate the commercial deployment of alternative fuels and technologies across countries.
Britain. Nawal AlHanaee, Director of Future Energy at the UAE Ministry of Energy and Infrastructure, said:
“Currently, the expansion of the UAE’s hydrogen economy is underway, involving large-scale projects in several of our major ports. The 2 GW Green Ammonia Project at Taqa, Abu Dhabi National Energy Company and Abu Dhabi Ports is one such project, which will The production of green hydrogen and its processing into liquid ammonia for use as marine fuel and for export. This, along with other efforts in our ports, will strengthen the UAE’s position as a competitive and important maritime hub. We therefore look forward to working with all international Government cooperation to enhance the adoption of hydrogen technology and fuels.”
Recent research by the International Renewable Energy Agency highlights the importance of shipping in the global green transition. By 2050, the shipping industry is expected to transport at least 50% of all traded zero-carbon fuels.
The Clean Energy Ocean Hub initiative has the backing of more than 150 CEOs and government representatives who voted to move forward with its creation at the ICS Summit in June this year.
IAPH Managing Director Patrick Verhoeven said:
“Solving the energy transition challenges of shipping and the wider world requires multi-sectoral solutions with a broad perspective. Ports play a vital role, not only as providers of fuel infrastructure, but as new energy hubs to enable zero emissions The economics of fuels come into play. Getting support from governments like Canada and the UAE today will help kickstart collaboration between energy producers and the entire marine value chain to build these first hubs.”
Guy Platten, Secretary General of the International Chamber of Shipping, added:
“To be successful, we need to target our activities towards the transformation of the entire zero-emission fuel market. The Clean Energy Ocean Hub initiative will not only support the global clean energy transition, but will also drive the development of zero-emission infrastructure from which we can all benefit.
“Our task force will now work with the governments of Canada and the UAE, as well as other governments, to come up with a concrete work plan for the next CEM to ensure that the enormous opportunity for zero-emission fuels can be fully realized, scaled and safely produced for all deliver”.
Britain. Nawal AlHanaee concluded:
“We have been committed to upholding our responsibilities by participating in several established sustainable platforms for knowledge sharing on best practices among marine states and Technical and legal discussions at the IMO add value to strengthen regulations to protect the marine environment. Our partnership with the CEM Global Port Hydrogen Alliance is an effort to support the UAE’s 2050 Energy Strategy, which aims to achieve renewable and low carbon energy A combined energy mix to achieve strategic economic and environmental goals.”
Source: International Chamber of Shipping
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