The pursuit of a Net-Zero future has created a ‘space-race’ within the marine industry. Potential nearer term greenhouse gas (‘GHG’) savings, along with other environmental benefits, are being sacrificed as investment by the marine industry focuses on more challenging and speculative long-term options such as hydrogen, ammonia and methanol.
The Value of Transition Fuels
In order to see immediate and significant reductions in GHG emissions across the marine industry, a rapid uptake of ‘transition fuels’ is required.
Transition fuels bridge the gap between today’s carbon intensive fuel oil powered fleets to the Net-Zero fleets of tomorrow, and as they are readily available, they allow GHG savings to be made immediately.
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.
