Green fuels propel shipping towards net-zero by 2050

The maritime industry, a cornerstone of global trade, is steering towards a sustainable future. With the International Maritime Organization (IMO) setting ambitious targets—a 40% reduction in carbon intensity by 2030 and net-zero emissions by 2050—the sector is poised for transformative change. Central to this evolution is the adoption of scalable green fuels, presenting a compelling opportunity for investors.

The shipping industry, responsible for approximately 3% of global greenhouse gas emissions, is under increasing pressure to decarbonise. Traditional fossil-based fuels are giving way to greener alternatives, with green methanol and ammonia emerging as frontrunners. Green methanol can be produced through biomass gasification or by combining captured carbon dioxide with green hydrogen derived from renewable energy sources. Similarly, green ammonia is synthesised by integrating green hydrogen with nitrogen extracted from the air, resulting in a carbon-free fuel. These innovations not only reduce emissions but also drive technological advancements and open new economic avenues.

The transition to green fuels is not without challenges. Producing green methanol and ammonia requires substantial investment in renewable energy infrastructure and advancements in production technologies. However, the potential benefits—ranging from environmental sustainability to long-term economic gains—make this a promising venture for forward-thinking investors.

Investing in the development and adoption of scalable green fuels positions stakeholders at the forefront of the maritime sector’s decarbonisation journey. This shift is anticipated to foster innovation, create economic opportunities, and enhance collaboration across industries and nations. By supporting these initiatives, investors can play a pivotal role in steering the maritime industry towards achieving the global goal of net-zero emissions by 2050.

The company is dedicated to revolutionising maritime fuel solutions by developing and scaling up the production of green methanol and ammonia. Through cutting-edge technology and strategic partnerships, it aims to lead the shipping industry’s transition to sustainable energy sources, aligning with global decarbonisation targets.

Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.

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