Abstract
The shipping sector decarbonisation has attracted great attention due to the sector contribution to worldwide carbon emissions. This study aims at investigating the techno-economic–environmental performance of different ship power plants to identify sustainable solutions for a case study cargo ship. Four scenarios, considering conventional and hybrid power plants, the latter with installed batteries, both using marine gas oil and ammonia fuels, are analysed to estimate the pertinent lifetime key performance indicators characterising their economic and environmental performance. Additionally, taxation schemes of varying extent are considered, and a sensitivity analysis is carried out on the most uncertain input parameters, namely, fuel prices and capital cost. This study results demonstrate that the hybrid plant using ammonia exhibits the lowest environmental footprint associated with 66% carbon emission reduction, whilst increasing the lifetime cost by 40%. Taxation schemes close to 340 EUR per CO 2 tonne are required to render it economically viable whilst meeting the IMO targets for 2050 on CO 2 emissions reduction. The sensitivity analysis reveals that the economic parameters is highly sensitive to fuel price and the capital expenditure.
Original language | English |
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Article number | 1675 |
Number of pages | 14 |
Journal | Journal of Marine Science and Engineering |
Volume | 10 |
Issue number | 11 |
DOIs | |
Publication status | Published - 7 Nov 2022 |
Funding
The authors also greatly acknowledge the funding from DNV AS and RCCL for the MSRC establishment and operation. The opinions expressed herein are those of the authors and should not be construed to reflect the views of DNV AS, RCCL.
Keywords
- ship power plant
- decarbonisation
- ammonia fuel
- hybrid propulsion
- techno-economic-environmental analysis