For producers to qualify for 45V tax credits, the US Treasury has proposed a set of new rules for renewable hydrogen that closely align with EU standards. The three pillars approach already adopted by the EU is proposed, as is the use of Argonne National Laboratory’s GREET model for lifecycle emissions analysis.
For our final episode of Maritime Ammonia Insights, we asked our resident experts Sofia and Conor Fürstenberg Stott to provide their insights on the pathway forward for marine ammonia fuel. Discussion topics included challenges for overlaying alternative fuels onto the existing bunker industry, the importance of seafarers to the transition, and why we need to move beyond talking about competition between alternative fuel candidates.
A series of flagship hydrogen initiatives were launched at COP28 last month. The initiatives are headlined by a 37-country joint declaration on mutual recognition of certification schemes, a response to sustained calls for increased global regulatory consistency. Additionally, the new ISO methodology for calculating hydrogen emissions was unveiled, paving the way for harmonisation.
Germany and the Netherlands have forged a groundbreaking new hydrogen partnership, doubling down on their common vision of a thriving European green hydrogen import market. The countries have announced a joint H2Global tender worth €600 million launching in 2024, as well as a plan to develop cross-border hydrogen infrastructure. Also this month, a new €4 billion commitment to Africa from Germany will act as the “starting signal” for deeper cooperation on hydrogen & renewable energy. Meanwhile, a recent Fraunhofer ISE study provides key insights into the export markets that are best equipped to meet this new demand.
In this session at our 2023 annual conference, panelists discussed how ammonia certification methods should be data-centric, and focus less on colour labels. The panel featured Alicia Eastman (InterContinental Energy), Shigeru Muraki (Clean Fuel Ammonia Association), Wouter Vanhoudt (Hinicio), Linda Dempsey (CF Industries) and Conor Fürstenberg Stott (Fürstenberg Maritime Advisory).
Certification based on actual GHG emissions intensity is the principle on which the AEA’s certification system is being built, and the issue is becoming an increasingly important subject at international fora such as the IMO, the G7 and the G20.
