Decarbonizing Maritime and Aviation Overview by Key Energy Transition Technologies and Case Studies

Decarbonizing Maritime and Aviation Overview by Key Energy Transition Technologies and Case Studies

Summary

Aviation and maritime represent two sectors that have proved difficult to decarbonize, with limited progress being made towards their respective emission targets. This outlook provides an overview of four technologies that will be key to the sectors’ energy transition.

While the automotive sector experiences a strong growth in demand for electric vehicles, the aviation and maritime sectors have been slow to decarbonize. To incentivize emission reductions, both sectors have set bold net-zero targets. However, they remain far off track. Aviation and maritime represent two of the most difficult to abate sectors due to their demand for cost effective and energy dense fuels. Due to this requirement, it is likely that both sectors will need to engage with a combination of energy transition technologies to suit individual use cases. This report assesses the suitability of electrification, alternative fuels, hydrogen, and carbon capture, utilization and storage as energy transition technologies that hold decarbonization potential for both sectors. The report outlines their prospects as well as the challenges of their application.

Key Highlights

• Advantages and disadvantages of each energy transition technology for both aviation and maritime.
• Global production/ capacity forecasts for hydrogen, CCS, renewable fuels, and synthetic fuels.
• Case studies of companies leading each sector’s decarbonization

Scope

• Aviation and maritime’s current carbon emissions and net-zero goals.
• An overview of four technologies that will be key to decarbonizing both sectors, which include electrification, alternative fuels, hydrogen and carbon capture, utilization and storage (CCUS).
• An assessment of energy transition technologies’ suitability for different use cases in aviation and maritime.
• Market forecasts for hydrogen, CCS, renewable fuels, and synthetic fuels.
• An summary of challenges that will hamper the adoption of these technologies by both industries.
• Case studies from companies that are leading both sectors’ decarbonization.

Reasons to Buy

• Identify the market trends of energy transition technologies within aviation and maritime.
• Develop market insight into current rates of technology adoption in aviation and maritime and the factors that will shape both sectors’ decarbonization.
• Identify the companies most active within electrification, alternative fuels, hydrogen and CCUS technologies in the aviation and maritime industries.