The multi-sector industry coalition SEA-LNG released a new study analyzing the availability and costs of Liquefied Bio Methane (LBM) and Liquefied Synthetic Methane (LSM) and the potential to contribute to future decarbonization for the shipping industry. The biomass resources from which LBM can be produced are globally available. The availability of LSM will be dependent on the future build-out of renewable electricity capacity and therefore relies on investment within this space. This will also be a key driver within the development of other synthetic fuels reliant on renewable electricity, such as green hydrogen and ammonia. The study concludes that both could become available in sufficient quantities to make a contribution towards future decarbonization for the shipping industry and that the costs need not be significantly higher than those of other low- and zero-carbon fuels. “In combination, the studies we have commissioned definitely proves that, through LBM and LSM, LNG offers a clear pathway to net zero-carbon emissions from shipping while also future-proofing ship owners’ investments,” Keller said. “The shipping industry faces unprecedented challenges if it is to meet the IMO’s decarbonization targets,” commented Peter Keller, chairman, SEA-LNG. Further, the growing LNG-fueled fleet could use LBM or LSM without requiring major modifications, and the existing supply infrastructure will remain fit for bunkering purposes with either fuel. The production costs of LBM and LSM could be broadly comparable to other renewable fuels like green hydrogen and ammonia. Analysis of the global sustainable biomass resource shows that biomethane from energy crops, agricultural residues, forestry products and residues could significantly exceed the global total energy demand of the maritime sector. The sustainable potential for LBM could be substantially higher in 2050 compared to 2030, even when excluding aquatic biomass, which has the potential to play a dominant role in the long term. Dagmar Nelissen (CE Delft), said, “Based on an extensive review of the global availability of biomass, and the maturity of technologies to produce biomethane and synthetic methane, we conclude that, in principle, sufficient amounts could be produced to fuel the shipping sector. However, other sectors are also likely to demand methane, and there needs to be significant investments in production capacity.” The study explores the potential availability and cost of LBM and LSM produced from renewable electricity with the aim of providing industry-leading, timely, and proven analysis to support the growing case for LBM and LSM in driving forward LNG as a decarbonization solution towards 2030, 2050, and beyond, SEA-LNG said. Compared to those fuels, LBM and LSM have the advantage that they can be transported, stored and bunkered, utilizing existing and technically matured LNG infrastructure. The study was conducted by independent research and consultancy organization CE Delft and commissioned by SEA-LNG. He further noted that by investing in LNG-fuelled vessels now, ship owners can realize immediate GHG benefits – up to 21 percent on a Well-to-Wake basis and 28 percent, Tank-to-Wake, including the impact of methane emissions. These LNG-based assets can use non-fossil fuel methane such as LBM and LSM with little to no modifications. As LBM and LSM become available at scale, the carbon-free future will become reality. The findings are that both LBM and LSM are scalable solutions for the maritime sector, with estimated sustainable global supplies potentially exceeding the demands of shipping in the future, and likely to be commercially competitive relative to other low- and zero-carbon fuels. Image courtesy of MAN
While reacting after the ranking was published, Nigeria Basketball Federation President, Musa Kida said the latest feat was the right reward for hard work put in place by the federation and the team during the qualifiers and World Cup preparation which culminated in a good outing in China.“We are really excited with this announcement. It shows that the world has continued to pay attention to Nigerian basketball after many years of playing second fiddle.“Although, I believe that we deserve more than being 23rd best team in the world based on our current form, but it is a process. The federation is excited that we are on the right track and we will continue to push harder in our resolve to record more successes.”USA still hold on to the Number 1 spot while current World Champion, Spain are ranked second ahead of Australia who climbed eight places to third spot.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram D’Tigers have moved up 10 places to the 23rd in the world in the latest FIBA ranking released after the 2019 FIBA men’s World Cup in China.The senior men’s team who became the first country in the world to qualify for the World Cup won three games and lost two during the competition to finish 17th out of the 32 participating teams.The Alex Nwora tutored side who have qualified for the 2020 Tokyo Olympics are still ranked Number 1 in Africa ahead of Angola, Tunisia, Senegal and Côte d’Ivoire who are ranked 2nd, 3rd, 4th and 5th respectively.
Ghana midfielder Anthony Annan has joined Finnish giants HJK Helsinki.The 30-year-old enforcer returns to Scandinavia after previoius spells with Scandinavian clubs IK Start, Rosenborg BK and FC Stabæk.The former Hearts of Oak and Hasaacas midfielder has signed a on a three-year dealHe will join compatriot former Kotoko left back Gideon Baah. Annan has featured in 67 matches for Ghana,scoring two goals.–Follow Joy Sports on Twitter: @JoyFMSports. Our hashtag is #JoySports