DecarbonICE, a consortium of leading ship companies, has teamed up with the Maritime Development Centre to develop an on-board carbon capture and storage solution.
DecarbonICE is based on two new main ideas for the capture and storage of carbon dioxide (CO2), respectively. In the process, the CO2 and other greenhouse gases in the ship exhaust are captured on board in a cryogenic process and turned into dry ice.
Proven offshore technology is then applied during normal ship operations to transport the dry ice into the seafloor sediments. Here the CO2 will be safely and permanently stored as liquid CO2 and CO2 hydrate.
The use of such technology will help the shipping industry to achieve the International Maritime Organisation’s 2050 target of a 50% CO2 emissions reduction compared to the 2008 level.
“While we support a final goal of availability of zero carbon or carbon neutral fuels, we believe that a bridging carbon free solution is needed, which can utilise existing assets in terms of shipping, propulsion systems and fuels,” said Henrik Madsen, Chairman of the DecarbonICE project and former DNVGL President and CEO.
“The DecarbonICE project is intended to offer exactly that, and at a predicated low energy penalty well below 10%.”
The DercarbonICE project began its mission back in October (2019) and will run through 2020. The aim is to prepare a feasibility study to initiate the International Maritime Organisation approval process for the technology.
“As a leading a responsible shipping company, we have been studying many proposals for future propulsion systems and fuels to achieve the International Maritime Organisation 2050 target,” said Taizo Yoshida, Corporate Officer and General Manager of NYK’s Technical Group.
“Vale wants to contribute to reduce emissions of its custoers and suppliers, and the shipping industry is included in this strategy. DecarbonICE is one of the technologies that has been studied by Vale in order to achieve this goal,” said Vagner Loyola, Ferrous Value Chain Director.