Shipowners should consider onboard carbon capture and storage at the newbuilding stage to reduce potential retrofit costs, according to a new DNV report.
Key factors that affect the technical feasibility of onboard carbon capture are size, operational profile and trading pattern, machinery capacity for power and heat production, and space available, the report found.
It acknowledges scaling up of the maritime carbon capture network ‘will take time’ and is expected to reach a broader uptake after 2030. By April 2024, 35 carbon storage projects were in operation worldwide with a total storage capacity of 37 million tonnes per annum (Mtpa), most of them related to natural gas processing and enhanced oil recovery.
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