Availability and costs of liquefied bio- and synthetic methane

The maritime shipping perspective

The CE Delft study commissioned by SEA-LNG analyses the availability and costs of Liquefied Bio Methane (LBM) and Liquefied Synthetic Methane (LSM). It included the latest academic and industry literature, comprising thorough analysis of circa 150 publications.

The findings are that both LBM and LSM are scalable solutions for the maritime sector, with estimated sustainable global supplies potentially exceeding the demands of shipping in the future, and likely to be commercially competitive relative to other low- and zero-carbon fuels like green hydrogen and ammonia. Compared to those fuels, LBM and LSM have the advantage that they can be transported, stored and bunkered, utilising existing and technically matured LNG infrastructure. Analysis of the global sustainable biomass resource shows that biomethane from energy crops, agricultural residues, forestry products and residues could significantly exceed the global total energy demand of the maritime sector.

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