Tag: Carbon Pricing
Why The Maersk Institute Was Right About Ship Batteries But Wrong On Price
The September 2024 pre-feasibility study from the Maersk McKinney Møller Center on battery-powered vessels that crossed my screen today provides a welcome and thoughtful addition to the critical discussion of maritime electrification. The report rightly identifies battery-hybrid propulsion as an essential part of shipping’s decarbonization toolkit. It demonstrates a clear … [continued]
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Mea Culpa: Biomethanol Will Be A Major Shipping Fuel
For the past week I’ve been working with a team of deep and broad experts in decarbonization in the Netherlands. The transmission system operator TenneT invited me and other experts to assist them with their Target scenario for 2050 to enable them to plan for transmission upgrades and space requirements … [continued]
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Why Hydrogen Won’t Win The Zero-Carbon Steel Race
Recent adjustments to my projections for global steel demand through 2100, reflecting a significant slowdown in Chinese infrastructure and cement consumption, have sharpened my economic focus on competing new steelmaking technologies. With lower growth trajectories for steel firmly established, every ton produced in the coming decades will increasingly face stringent … [continued]
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Steel’s Declining Demand Sharpens Focus On Molten Oxide Electrolysis
In my recent reassessment of global steel demand trajectories, particularly in light of declining cement consumption driven by a slowing Chinese construction sector, I’m revisiting several zero-carbon steel production pathways. One that stands out for its unique electrochemical elegance and considerable engineering complexity is molten oxide electrolysis (MOE). It’s an … [continued]
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Could Electrified Biomethane DRI Make Steel Production Carbon-Negative?
This week, I had the opportunity to participate in TenneT’s scenario planning for its ambitious 2050 Target Grid project. The session was notable for including Professor Heleen de Coninck, one of the Netherlands’ experts on industrial decarbonization and climate change. Her involvement emphasized the critical importance of identifying scalable pathways … [continued]
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