#industrydecarbonization Why no one wanted to buy the Green Shipping Fuel
Many shipping companies see #emethanol - made from #hydrogen and #carbondioxide - as the most promising future clean fuel. But it appears they do not want to buy it: #energy company #Ørsted canceled plans for an e-methanol production facility due to a lack of offtake agreements. https://industrydecarbonization.com/news/why-no-one-wanted-to-buy-the-green-shipping-fuel.html
Why no one wanted to buy the Green Shipping Fuel
Many shipping companies see e-methanol - made from hydrogen and carbon dioxide - as the most promising future clean fuel. But it appears they do not want to buy it: energy company Ørsted canceled plans for an e-methanol production facility due to a lack of offtake agreements. A weakened EU regulation has likely contributed to the difficulty of selling green shipping fuels.