PARADIGM SHIFTER
investment to be injected into green fuels for vessels in the immediate future, due to the rapid scaling of e-fuel uptake. And this may bring solutions to the water not only faster, but at a meaningful scale. FROM AMBITION TO ACTION According to the IMO’s analysis, released this past May, the expanding demand for e-fuels will scale to 500 million tonnes by 2040, requiring an additional 2 terawats of renewable energy generation capacity and up to USD 4.16 trillion of infrastructure investment to support the establishment of renewable energy, hydrogen, and e-ammonia facilities for shipping. The UN projection forecasts the development of 1,500 gigawatts of renewable energy capacity, 800 gigawatts of green hydrogen capacity, and the production of 530 million tonnes
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