Case Study | February 27, 2020
In the grand scheme of global CO2 emissions, the aviation sector is a minor contributor, with an approximate 2% share. Within the transportation sector, aviation is also dwarfed by its passenger vehicle and heavy‑duty vehicle counterparts. However, the outlook in the coming decades is drastically ... Not part of subscription
News Commentary | August 21, 2020
The EU Commission laid out potential options to stimulate the consumption of sustainable aviation fuel (SAF), including setting a quota for airlines and for the fuel industry to produce higher volumes. While the pandemic has reduced much of the region's airlines to single‑digit utilization rates, ... Not part of subscription
Case Study | October 22, 2020
Following a series of announcements in 2018 about entering the low‑carbon fuel space with three commercial projects, Phillips 66 topped itself with an announcement in August 2020 that it will retrofit its Rodeo Refinery into an 800 million gallon per year renewable diesel, renewable gasoline, and ... Not part of subscription
by Holly Havel
Within a month of IMO 2020 taking effect, LNG continues to gain momentum as a marine fuel across many shipping sectors. In a recent report, U.K.-based SEA\LNG reveals that the industry has seen increasing orders for LNG-fueled vessels and LNG bunker vessels as well as expanding infrastructure to facilitate growing demand. The report also acknowledges that LNG will not be enough to meet IMO carbon targets by 2050 but provides a pathway to meet IMO 2030 targets and facilitate a transition to alternative fuels like biomethane. While clients should continue to focus on LNG as a marine fuel in the near term, marine biofuels offer a significant long-term opportunity, and it is worth monitoring developments in this space.
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