Skip to main content

TECO 2030 AND AVL UNDERTAKING MARITIME CARBON CAPTURE STUDY

TECO 2030 AND AVL UNDERTAKING MARITIME CARBON CAPTURE STUDY

Monday, April 12, 2021 

Norwegian company TECO 2030 has announced that it is progressing with a joint carbon capture and storage (CCS) feasibility study, undertaken with AVL List of Austria, focussing on vessel capabilities and robustness of the technology.

TECO 2030 says it has been encouraged by the positive response by shipowners to proposals of CCS technology for ships, initiated by the IMO greenhouse gas (GHG) strategies and tools such as the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII), which the company believes makes on-board carbon capture highly interesting. The CCS technology will be integrated as part of the TECO 2030 'Future Funnel' and will be a central add-on technology optimising decarbonisation and ensuring efficient vessel operation.

Stian Aakre, TECO 2030 CEO said: “The carbon capture and storage is very attractive for shipowners who seek to future proof their vessels to meet GHG regulations and strategies. Conventionally fueled vessels will still make up the majority of the global fleet and on-board carbon capture will constitute a viable choice in decarbonising this segment of the fleet.” 

TECO 2030 is tackling one of the biggest environmental challenges of our time, i.e. the combination of growing global shipping volumes with reduced emissions. The company believes that the shipping industry can move to zero emissions through implementing new technologies, with hydrogen-based fuel cells as the ultimate solution.

Reader Comments (0)

There are currently no comments on this article. Why not be the first and leave your thoughts below.

Leave Your Comment

Please keep your comment on topic, any inappropriate comments may be removed.

Return to index