Bill Stamatopoulos, Business Development Manager South Europe, BV VeriFuel
made a presentation on the topic of
Biofuels
It is unclear when the shipping industry will turn to biofuels en masse, and biofuels may never be the best solution for ships traveling non-fixed routes. Still, this much is certain: biofuels will have a key, upcoming role to play in the energy transition for the global fleet; as a stepping stone to the path for decarbonization. For maritime stakeholders who are uncertain about committing to biofuels as a fuel solution, mixed fuels are another possibility. By mixing traditional carbon fuels with biofuels or synthetic fuels, known as “drop-in” fuels, ship owners can take a pragmatic step towards lowering their emissions. Current predictions hold that biofuels could supply fuel for at most 30% of the global fleet, due to factors like cost, production levels and sustainable production. For the moment, biofuels are more expensive than fossil fuels and may remain so in the short-term. The presentation will explore the benefits and the challenges of biofuels and will also address their emissions impact.
the presentation can be found below
B__Stamatopoulos_Jan__2021.pdf