The joint
development project (JDP) will evaluate the use of hydrogen fuel cells, ammonia
and methane cracking technology and CCS from a technical readiness, financial
and regulatory perspective.Outcomes will
determine the technologies’ ability to reduce emissions and costs across a
specific container feeder fleet, in relation to EU ETS (Emissions Trading
Scheme) FuelEU and IMO CII (Carbon Intensity Indicator) requirements, compared
to conventional fuels.
Amogy’s ammonia-to-electrical power
system, ROTOBOOST’s Marine Hydrogen production technology, as well as
PowerCell’s Marine System 200 hydrogen fuel cell will be central to the
research, which also considers additional associated costs compared with other
emerging fuels.
Jack Spiros Pringle, Lead
Consultant, Business Advisory, Lloyd’s Register, said: “This JDP represents a significant step forward for
alternative forms of propulsion as shipowners explore options to align with the
new EU carbon market requirements and international regulations. As a trusted adviser to the maritime
industry, Lloyd’s Register is working with partners to validate these
innovative energy converters and ensure that they offer maximum savings and
benefits.”
Seonghoon Woo, CEO, Amogy, said: “Amogy’s
ammonia-to-power systems provides a clean energy solution for the maritime
industry. The adoption of Amogy’s system
presents a strong competitive edge by not only lowering carbon emissions for
this hard-to-abate sector but also affecting commercial upside by avoiding
European carbon taxes and improving compliance with the CII regulations.”
Kaisa Nikulainen, CEO,
ROTOBOOST, said: “ROTOBOOST’s
Marine Hydrogen technology not only generates solid carbon as a byproduct
during the hydrogen production process, but also enables LNG to become a
compliant fuel many years into the future, in addition to its wide availability
and affordability. By removing carbon from LNG before it combusts, ROTOBOOST’s thermocatalytic decomposition
process system transforms what would have become CO2 into a highly valuable
solid carbon. This approach bridges the gap between economic viability and
environmental sustainability. This Joint Development Project combines
commercial and technical expertise to explore emerging emissions reduction
technologies, ultimately driving shipping’s decarbonisation through truly
sustainable solutions.”
Lloyd’s Register issued a feasibility
statement for Amogy’s Technology Qualification Plan in
February this year and issued Approval in Principle to Rotoboost’s
pre-combustion carbon capture system in March 2023.