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SAFETY4SEA

Report: Ports play key role in unlocking future fuel infrastructure investment

by The Editorial Team
March 17, 2022
in Emissions, Ports
decarbonization of maritime
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A study by Arup, Lloyd’s Register (LR) and The Resilience Shift has outlined the critical role of ports in driving and supporting the case for investment in energy infrastructure.

Focusing on a case study of a green shipping triangle in the Atlantic Ocean, the research highlights the risks and opportunities associated with developing infrastructure for alternative fuels and how ports can unlock investment for the production and supply of alternative fuels.

The study evaluates land-side infrastructure for fuels derived from blue hydrogen and green hydrogen. It takes a whole-system view of the challenges and opportunities associated with these technologies, demonstrating the need for careful integration with port and energy systems using a sustainability and resilience focused framework.

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Regardless of the fuel of choice, the research shows that demand for alternative fuels is linked with the concept of green corridors, where the transition can start through a multi-stakeholder initiative.

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IMO, MPA and Norway sign MoU to reduce emissions in developing countries

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This total value approach can unlock investment and highlight the opportunity for ports as resilient zero carbon gateways to growth, bringing co-benefits in local social, environmental, financial and economic value

said the study.

The authors looked at the demand side of shipping and the impacts on the need for and scale of land-side infrastructure. Using a scenario of a green shipping triangle in the Atlantic, connecting Brazil, South Africa and Morocco, the authors explored how this will drive decarbonisation in practice and what the challenges and opportunities are with a whole-system resilience-led approach, where ports act as the linking piece between shipping and the energy systems.

Green corridors between major port hubs can accelerate and mobilise demand for zero-emission solutions, supporting first mover viability. But the impact goes beyond shipping and the fuel supply. This study models how these changes will impact land-side infrastructure, and the investment and opportunities to transition to low carbon resilient energy systems

Charles Haskell, LR Maritime Decarbonisation Hub Programme Manager, said.

Moreover, Filippo Gaddo, Head of Economics, Arup, added that the scale of infrastructure for low carbon fuel supply is large and there is a need for significant investment in initial path-finders projects.

Our study shows that an integrated approach that addresses the total value of the projects can unlock significant co-benefits, strengthening their case for investment. Delivering such projects, while demonstrating their whole-system benefits, will reduce risk of future uncertainty in the sector – helping to futureproof it both in terms of investment and sustainability

EXPLORE MORE AT THE GREEN SHIPPING CORRIDORS REPORT

Tags: corridorsdecarbonizationgreen practicesportsreducing shipping emissionsreports

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