Environmental-Economic Analysis for Decarbonising Ferries Fleets
Several countries heavily depend on their domestic ferries, the decarbonisation of which are required following the prevailing and forthcoming international and national carbon reduction targets. This study aims to conduct an environmental-economic analysis to identify the impact of three decarbonis...
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Format: | Article |
Language: | English |
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MDPI AG
2023-11-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/16/22/7466 |
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author | Gerasimos Theotokatos Panagiotis Karvounis Georgia Polychronidi |
author_facet | Gerasimos Theotokatos Panagiotis Karvounis Georgia Polychronidi |
author_sort | Gerasimos Theotokatos |
collection | DOAJ |
description | Several countries heavily depend on their domestic ferries, the decarbonisation of which are required following the prevailing and forthcoming international and national carbon reduction targets. This study aims to conduct an environmental-economic analysis to identify the impact of three decarbonisation measures, specifically, hybridisation, liquified natural gas (LNG) and methanol use, for two ferries of different size of a developing country fleet. The study is based on several methodological steps including the selection of key performance indicators (KPIs), the pre-processing of acquired data to identify representative operating profiles, the environmental and economic KPIs calculation, as well as the comparative appraisal of the investigated measures. The required investments for decarbonising the whole domestic fleet of a case country are subsequently estimated and discussed. All the three investigated measures have the potential to reduce CO<sub>2</sub> emissions, however, not beyond the IMO 2030 carbon emissions reduction target. This study provides insights to the involved stakeholders for supporting their decisions pertinent to the domestic ferries sector decarbonisation. |
first_indexed | 2024-03-09T16:52:24Z |
format | Article |
id | doaj.art-fea361aac86a44d0b74ecb9513e70013 |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-09T16:52:24Z |
publishDate | 2023-11-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-fea361aac86a44d0b74ecb9513e700132023-11-24T14:39:50ZengMDPI AGEnergies1996-10732023-11-011622746610.3390/en16227466Environmental-Economic Analysis for Decarbonising Ferries FleetsGerasimos Theotokatos0Panagiotis Karvounis1Georgia Polychronidi2Maritime Safety Research Centre, Department of Naval Architecture, Ocean and Marine Engineering, University of Strathclyde, Glasgow G4 0LZ, UKMaritime Safety Research Centre, Department of Naval Architecture, Ocean and Marine Engineering, University of Strathclyde, Glasgow G4 0LZ, UKMaritime Safety Research Centre, Department of Naval Architecture, Ocean and Marine Engineering, University of Strathclyde, Glasgow G4 0LZ, UKSeveral countries heavily depend on their domestic ferries, the decarbonisation of which are required following the prevailing and forthcoming international and national carbon reduction targets. This study aims to conduct an environmental-economic analysis to identify the impact of three decarbonisation measures, specifically, hybridisation, liquified natural gas (LNG) and methanol use, for two ferries of different size of a developing country fleet. The study is based on several methodological steps including the selection of key performance indicators (KPIs), the pre-processing of acquired data to identify representative operating profiles, the environmental and economic KPIs calculation, as well as the comparative appraisal of the investigated measures. The required investments for decarbonising the whole domestic fleet of a case country are subsequently estimated and discussed. All the three investigated measures have the potential to reduce CO<sub>2</sub> emissions, however, not beyond the IMO 2030 carbon emissions reduction target. This study provides insights to the involved stakeholders for supporting their decisions pertinent to the domestic ferries sector decarbonisation.https://www.mdpi.com/1996-1073/16/22/7466decarbonisationmethanolLNGenvironmental-economic analysismarine engines |
spellingShingle | Gerasimos Theotokatos Panagiotis Karvounis Georgia Polychronidi Environmental-Economic Analysis for Decarbonising Ferries Fleets Energies decarbonisation methanol LNG environmental-economic analysis marine engines |
title | Environmental-Economic Analysis for Decarbonising Ferries Fleets |
title_full | Environmental-Economic Analysis for Decarbonising Ferries Fleets |
title_fullStr | Environmental-Economic Analysis for Decarbonising Ferries Fleets |
title_full_unstemmed | Environmental-Economic Analysis for Decarbonising Ferries Fleets |
title_short | Environmental-Economic Analysis for Decarbonising Ferries Fleets |
title_sort | environmental economic analysis for decarbonising ferries fleets |
topic | decarbonisation methanol LNG environmental-economic analysis marine engines |
url | https://www.mdpi.com/1996-1073/16/22/7466 |
work_keys_str_mv | AT gerasimostheotokatos environmentaleconomicanalysisfordecarbonisingferriesfleets AT panagiotiskarvounis environmentaleconomicanalysisfordecarbonisingferriesfleets AT georgiapolychronidi environmentaleconomicanalysisfordecarbonisingferriesfleets |