ETS, costs over three billion for 2024 emissions.

Assarmatori and Confitarma: “For the attention of the Interministerial Committee for Maritime Policies the updated study to decarbonise maritime transport”

Assarmatori and Confitarma have sent the update of the document “The path towards net zero. Together to decarbonise the maritime sector”, developed together with Eni with the collaboration of three of the largest naval engine manufacturing companies (Wärtsilä, WinGD and MAN Energy Solutions), as well as Unem, Federchimica/Assogasliquidi, Assocostieri and RINA.

The document defines a strategic orientation, starting from the analysis of the technological evolution of the engines and the availability, also in infrastructural terms, of energy carriers with reduced carbon intensity. This work also contains a detailed analysis of the options available for the decarbonisation of the sector based on the optimization of cost curves and technological availability in the short and medium term, to enable shipowners to respond to the objectives of the FuelEU Maritime regulation, of the ETS (Emission Trading System) and IMO directives, as well as of other additional national obligations.

According to research also conducted by RINA and contained in the update of the document, the extension of the ETS system to maritime transport will entail more than three billion costs for companies in 2024 due to the CO2 emissions produced. The figure is estimated on the basis of emissions reported in the EU MRV (Monitoring, Reporting, Verification) system in 2022, taking into account a period of progressive introduction of the ETS which provides for the restitution of quotas for only 40% of CO2 emissions in 2025 compared to 2024 and considering the value of the CO2 quotas (EU Quotas – EUA) equal to an average value of 100 euros per ton of carbon dioxide.

This is an element that makes the theme of the decarbonisation of shipping even more current and the involvement of the institutions, gathered in Italy around the CIPOM, even more important.

 

“Having worked together on this document and presented it jointly to CIPOM and to the structure of the Minister of Maritime Policies and Civil Protection underlines once again the desire of shipowners – and many companies have given a strong contribution to this work – to do all in their power in view of the decarbonisation of maritime transport. We have proposed to the Experts a work that we believe is complete and which identifies the different paths that can be taken, not necessarily conflicting, to rationally reduce the carbon footprint of shipping. In this process, however, the shipowners cannot be left alone: responses from the land industry are needed for the identification and production of alternative fuels, the support of institutions and a pragmatic system of national, community and international regulation which does not set non-functional standards for true environmental sustainability”, declare Mario Zanetti, President of Confitarma and Stefano Messina, President of Assarmatori.

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