BAR Technologies is calling for a broader, more inclusive debate on the future of shipping fuels, emphasizing the critical role of wind propulsion.
In response to a new study by UMAS and the UCL Energy Institute, which highlights the financial barriers developing nations face in accessing affordable e-fuel production, BAR Technologies argues that wind—an abundant, zero-emission energy source—must be an integral part of the fuel mix.
CEO John Cooper stressed that while e-fuels have potential, their high costs and financing challenges could slow global decarbonization, particularly in developing economies.
Wind-assisted propulsion systems (WAPS) like WindWings will provide a scalable and commercially viable solution that not only helps meet decarbonisation targets but does so in a way that is accessible to all nations, regardless of their economic status.
… said John Cooper.
With the IMO estimating that $1.6 trillion in investment is needed for zero-emission fuels by 2050—$400 billion by 2030 alone—wind propulsion presents a cost-effective alternative that can support a just transition.
BAR Technologies urges industry leaders and policymakers at MEPC 83 in April to fully recognize wind propulsion’s role in achieving global shipping’s decarbonization targets.
To remind, DNV recently published a whitepaper on wind-assisted propulsion systems (WAPS) explaining its fuel saving potential and how it can play an important role on the GHG regulatory landscape.
