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Research finds shipping’s future fuel demand equal to entire current global renewable production

May 18, 2022
in News, Top News
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The proposal will be debated ahead of the next IMO MEPC meeting

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New data released has indicated that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use.

To reach the industry’s 2050 net zero goal, shipping’s fuel needs would require electricity from renewable sources to increase by up to 3,000 TWh, according to a report commissioned by the International Chamber of Shipping.

This is the equivalent of the entire world’s current renewable energy production.

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