Why is methanol fuel feasible when domestic shipping carbon reaches the peak and carbon is neutral?


Under the background of China's double carbon targets and the strategic objectives of the International Maritime Organization for greenhouse gas emission reduction, carbon emission reduction is a huge challenge and an inevitable trend for the entire shipping industry. The application of clean energy is the fundamental way for ships to develop from low carbon to carbon neutral and zero carbon. LNG, batteries, methanol, hydrogen, ammonia and other clean energy have been applied to different degrees on ships at home and abroad. Due to their own characteristics, the application scenarios of various clean energy on ships have both overlap and unique advantages. As a relatively new type of marine clean alternative energy, methanol has many advantages, such as extensive sources, sufficient supply, diverse application methods, relatively mature technology, relatively low cost, and huge potential for emission reduction. It should be pointed out that methanol is currently an advantageous liquid fuel that can achieve carbon neutralization at normal temperature and pressure, especially the promotion and gradual commercialization of the renewable methanol technology route, so that methanol can achieve carbon neutralization in the whole life cycle as a ship fuel, and help the shipping industry to achieve the goal of dual carbon strategy early.