Regulations, financing, and technological advancements are the key factors driving hydrogen fuel cell adoption in the maritime industry. Vessel owners seek to reduce emissions and comply with stricter environmental regulations by turning to green hydrogen fuel. The next generation of ships and coastal assets will be powered by hydrogen fuel cells.
The Maritime Hybrid, Electric & Hydrogen Fuel Cell Conference 2024 will be held in Bergen, Norway. The conference will bring together leading stakeholders in the industry, including vessel owners and energy companies. Port authorities, regulators, classification societies, technology providers, and battery manufacturers will also attend. The conference will focus on the latest developments in the fuel cell market and hydrogen production advances. Regulatory changes that encourage investment in fuel cell-powered vessels will also be discussed.
Business Cases for Hydrogen-Powered Vessels
LH2 Shipping managing director Ivan Østvik will present business cases for hydrogen as an alternative fuel. He will focus on hydrogen as a fuel for newbuild vessels. Østvik will provide insights into securing funding for these innovative ships, drawing from his experience. Key points include:
- Aligning business objectives with sustainable maritime operations
- Identifying factors that make hydrogen a viable alternative fuel
- Balancing capital costs versus operational, environmental, and economic benefits
- Assessing whole-life costs and operational implications of hydrogen-powered vessels
Market Trends and Investment Opportunities
DNV Maritime head of business development in northern Europe, Elisabeth Drægebø, will highlight the latest market trends. She will discuss opportunities for hydrogen fuel cells in maritime applications. Drægebø will discuss the growth in investment and the potential for various stakeholders to capitalize on this market. Shipowners, system integrators, fuel suppliers, and technology developers can all benefit from the emerging hydrogen fuel cell market.
Scaling Up Green Hydrogen Production
Norwegian Hydrogen head of maritime Jørgen Kopperstad will address the need for scaling up green hydrogen production. Scaling up is necessary to support the deployment of hydrogen fuel in reducing maritime transport emissions. Kopperstad’s presentation will cover the requirements for green hydrogen production and distribution infrastructure. He will also discuss future plans for developing these facilities.
Regulatory Updates and Funding Opportunities
Hydrogen Europe director for regulatory and market intelligence Grzegorz Pawelec will provide updates on the latest regulations. He will also discuss funding opportunities from the European Union. This includes information on financial sources for clean-hydrogen partnerships and demonstration projects. Bank auctions, innovation funds, and the FuelEU Maritime initiative will be covered.
Financing the Green Transition
Danske Bank senior account manager Tore Lundemo will discuss the financial landscape in the green transition. He will cover both traditional bank financing and alternative finance options. Lundemo will explore the key principles and criteria for banks and investors to finance the green transition. The potential for a boom in green and sustainable finance will also be discussed.
The maritime industry continues to evolve and adapt to the challenges of reducing emissions. Hydrogen fuel cells are emerging as a promising solution to these challenges. The Maritime Hybrid, Electric & Hydrogen Fuel Cell Conference 2024 will provide a platform for industry leaders. Attendees will share their insights and experiences, driving the adoption of this innovative technology. The conference will help shape the future of sustainable maritime transportation.
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