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DOES CO2 STORAGE STACK UP FOR THE MARITIME INDUSTRY

Carbon capture and storage (CCS) is gaining widespread attention as a way towards ‘Net Zero’ but a CO2 value chain is required before the maritime industry can give serious consideration to the commercial transportation of this primary greenhouse gas. What’s more a number of technical obstacles need to be hurdled if there is going to be industry wide take up of CCS technology aboard all vessel types, including passenger ships.

Financial constraints have already resulted in delays to the planned 2026 commissioning of a carbon capture plant in Oslo, Norway, with inflation, geopolitical instability, energy and raw materials pushing cost calculations for Hafslund Oslo Celsio’s Klemetsrud plant way beyond the initial US$518.88 million price tag.

Read more in this artice published in The Motorship

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