EU to co-finance study to assess greener fuel for ships
Creation date: 10 April 2012
The European Union will support with over €1.5 million of TEN-T co-financing a Motorway of the Sea study to develop framework conditions for the use of Liquefied Natural Gas (LNG) for ships in Southern Europe.
The study, which was selected for funding under the 2011 TEN-T Multi-Annual Call, is labelled "COSTA" and its output will be an LNG Master Planwhich will analyse the obstacles and recommended solutions for using LNG as an alternative ship fuel in the Mediterranean Sea, the Black Sea and the Atlantic Ocean towards the Azores and Madeira. LNG is rapidly emerging as a more environmentally friendly fuel for the maritime sector and its uptake is encouraged by the European Union. The study will complement a similar project currently implemented with the support of the TEN-T funding in the North Sea and the Baltic Sea.
If COSTA's policy recommendations are implemented, CO2 (Carbon dioxide) emissions from shipping could drop by 25% by 2020 and by 50% by 2050. For the air pollutants the use of LNG would completely eliminate SOx (Sulphur oxide) and reduce NOx (Nitrogen oxide) by 90%.
The study, which is managed by the Trans-European Transport Network Executive Agency, contributes to the realisation of TEN-T Priority Project 21 (Motorways of the Sea) and is foreseen to be completed by April 2014.
For more information, please consult the project's page!
Press Release in Greek - .doc (42.5 KB)
Press Release in Spanish - .doc (39 KB)
Press Release in Italian - .doc (39 KB)
Press Release in Portuguese - .doc (39 KB)
Back to news list