Fuel of the Future: An e-Methanol Study

Fuel of the Future: An e-Methanol Study

The North Sea Transition Deal (NSTD) set out significant emissions reduction targets for the offshore energy industry. As we near those targets, it is well understood that decommissioning activities and a reduction in the number of operational assets will not solely meet the NSTD targets. Electrification from shore has been a hot topic for some time with the scale of offshore wind developments continuously increasing. T

o meet that scale-up, the National Grid is currently completing the holistic network design to support and deliver the Government’s ambitious target of 50GW integrated offshore wind by 2030 – but 2030 is too late to meet the NSTD targets.

Additionally, through the work performed by the NZTC, it is well understood that around only 50% of the current ScotWind licenses are accounted within this plan. The industry can achieve significant progress to reach the targets through the adoption of alternative fuels for power generation whilst fuel production facilities mature from the use of recycled industry sources of carbon (non-renewable) to renewable sources such as direct air capture or biogenic.

This report identifies the key strengths associated with renewable methanol and proposes how the industry may benefit from its deployment in an offshore environment.

Methanol, Ammonia and Hydrogen