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MAN Energy Solutions signs green hydrogen agreement

Published by , Editorial Assistant
Global Hydrogen Review,

At a meeting at the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt, MAN Energy Solutions – along with leading organisations across the shipping value chain and the largest producers of green hydrogen – signed a ‘Joint Statement on Green Hydrogen and Green Shipping’. The document commits all signatories to the rapid adoption of green hydrogen-based fuels during the current decade in order to achieve full decarbonisation of the shipping sector by 2050 – a sector that currently accounts for 3% of global greenhouse gas emissions. It also calls on policymakers to match these ambitious targets.

CEO, Uwe Lauber, signed the Joint Statement on behalf of MAN Energy Solutions and said: “Decarbonisation of the marine industry is a mammoth undertaking but, I believe, eminently achievable through cooperation with like-minded industry partners. At MAN Energy Solutions, we believe that hydrogen has a key role to play in getting to net zero and our recent, significant investment in our hydrogen subsidiary, H-TEC SYSTEMS, intends to quickly transform it into a mass producer of PEM electrolysers. More than anything, the world needs a massive amount of industrially-scaled green hydrogen production to build momentum for the broad adoption of hydrogen as a maritime fuel.”

The Joint Statement was facilitated by Climate Change ‘High-Level Champions’ – UN nominees that connect governmental work with the voluntary and collaborative initiatives taken by cities, regions, businesses and investors – and non-profit energy organisation, RMI. Besides MAN Energy Solutions, it was also signed by – among others – the Aspen Institute, the Global Maritime Forum’s Getting to Zero Coalition, the Green Hydrogen Catapult, InterContinental Energy, and A.P. Moller - Maersk.

Signatories have agreed to pursue cross-sector collaboration to achieve:

  • Commercially-viable, zero-emission, deep-sea vessels from 2030 with the intention of using exclusively zero-emission-powered ocean-freight services by 2040.
  • The scaling up of green hydrogen production to 5.5 million tpy by 2030.
  • The full decarbonisation of the shipping sector by 2050 at the latest.

They also called upon international authorities and national governments to support private sector commitments with a correspondingly ambitious policy, and specifically asked the International Maritime Organization and member states to commit to 100% emissions reduction within the maritime sector by 2050 with robust, interim targets.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/15112022/man-energy-solutions-signs-green-hydrogen-agreement/

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