ZESTAs joins industry coalition calls for EU hydrogen quota for shipping
Green Ship Tech China Congress speaker announcement
A coalition of energy providers, shipping companies and NGOs – including Zero Emissions Ship Technology Association (ZESTAs) members Nedstack and Future Proof Shipping – has called on the EU to introduce a minimum quota of 6% sustainable and scalable hydrogen fuels by 2030.
An additional co-signatory of the letter of demands to the EU is ShipZERO26.5: “We’ve Got the Power” sponsor, Hexagon Purus.
Last year the European Commission, the EU’s executive body, proposed a shipping fuel law (FuelEU Maritime Regulation) aimed at increasing the uptake of alternative marine fuels.
Unfortunately, the law fails to guarantee the competitiveness of sustainable and scalable e-fuels, and risks promoting cheaper, unsustainable, fuels.
The coalition, therefore, calls on the European Parliament and EU Council to improve the proposal by including a dedicated e-fuels sub-quota in the proposed regulation.
Madadh MacLaine, Secretary-General of ZESTAs said regarding the coalition’s demands:
“The technology to produce and use zero-emissions green hydrogen is here. However, production is held up by a lack of demand despite enormous potential up-taker markets. Finance is ready to back a swathe of new investment but needs assurance from policymakers.
The minimum quota will ensure that industries such as shipping are guaranteed a supply of zero-emissions fuel and we will do the rest through disruptive collaboration.”
ZESTAs continues its work to revolutionize the shipping industry through the promotion of rapid and large-scale uptake of zero-emissions technology and fuel, as recently showcased at the second installment in their ShipZERO event series in Amsterdam last month.
On the other hand, The Secretary-General of the Zero Emissions Ship Technology Association (ZESTAs) will be speaking at the globally-renowned event in Shanghai this autumn.
Ms. MacLaine will provide an update on technology readiness levels and market availability of zero-emission (ZE) ship tech, as well as inform on ZE vessels in service, and ZE energy supply chains.
Additionally, she will explain how regulation, finance, insurance, as well environmental, social, and governance (ESG) criteria are impacting the uptake of ZE technologies and fuels worldwide.
ZESTAs provide a voice and collaborative network for the fast-growing zero-emissions maritime sector, as shown by the ShipZERO conference series.
As a strategic partner of the conference, ZESTAs’ attendance serves to further the crucial work of decarbonizing the shipping industry and accelerating the voyage to True Zero through collaboration.
Having recently hosted ShipZERO26.5: “We’ve Got the Power!” in Amsterdam, Madadh’s industry expertise and skill in bringing disparate industry voices together for the acceleration of cutting-edge technology are well established.
Speaking on the opportunity to present at the Green Ship Tech China Congress, she said: “The Annual Green Ship Tech China Congress is an unmissable opportunity to drive collaboration on a truly international scale. I look forward to demonstrating that the technology necessary for zero-emission shipping is there, it is ready, and it is being effectively used across a range of industry settings. ZESTAs is ready to provide the information and the collaborative network that shipping requires to achieve its decarbonization goals.”
Event information:
The Green Shiptech China Congress is the annual conference hosted by Ridge China.
Over the past decade, more than 3200 experts and decision-makers from governments, classification societies, ship-owners, ship-yards, research institutes, technology/equipment suppliers, and consulting companies have had in-depth discussions on the current issues of IMO, European Commission, U.S. Coast Guard, China MSA’s policies and regulations, designs and standards for new ship models, innovative and sustainable green ship technologies through this international platform.
In 2022, over 350 industry experts, corporate decision-makers, and government officials – as well as ZESTAs’ Secretary-General, Madadh MacLaine – will be engaged in an in-depth exchange of views as well as discussions on the most pressing industry issues and topics.