Low Blend [-72-79%] NH3 Very Low Cl [-86-93%] The EU’s emission reduction targets for shipping fuel carbon price of $100/ton in 2025 increasing 4.25% and emissions, which will be fully phased into the EU’s annually, the net present value (NPV) of the cost of emissions trading system (ETS) by 2026, will have a marine fuel oil over the 30-year life of the ship could substantial impact on the economi. [...] All three ammonia- on carbon, a new full ammonia ship seeking to minimize fueled ships evaluated were able to comply with or emissions can break even with the fuel costs of the HFO outperform the new FuelEU Maritime targets at a cost ship while reducing total emissions over the lifetime of equal to or below that of a conventional heavy fuel oil the ship by 77%. [...] Dual- The vast majority of commercial ships built today will fuel engines can run on a wide mix of two fuels to power still be in operation in 2050, during the critical the engine, typically with conventional heavy fuel oil decades the marine sector needs to decarbonize in (HFO) as the primary fuel and natural gas, methanol or line with national climate goals of carbon neutrality ammonia as the se. [...] 82% and a geologic sequestration cost of $30 per ton, which can vary depending on the location.11 For marine CATF’s ammonia cost tools estimate the carbon intensity fuel cost analysis, we assume that the ammonia supplied and cost of producing ammonia from natural gas with to Houston would be produced from natural gas in the carbon capture or electricity from low- and zero-carbon Gulf Coast region. [...] The net present value (NPV) of fuel costs over the life of the ship would be $392M, roughly double the $200M cost of the same fuel without a carbon price.
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