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Comparative Analysis of Ammonia, Methanol and Hydrogen as alternative fuels to decarbonize Maritime Shipping. Focusing on Cost and Utility perceptions to motivate investment

de Pret Roose de Calesberg, Edouard
(2024)

Files

DEPRETROOSEDECALESBERG_67922200_2024.pdf
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  • Adobe PDF
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Details

Supervisors
Knaepen, Denis
Faculty
Louvain School of Management
Degree label
Master [120] : ingénieur de gestion, à finalité spécialisée
Abstract
This thesis compares Ammonia, Methanol and Hydrogen as three possible alternative fuels for decarbonizing shipping. A quantitative analysis enables to determine the utility of each of the fuels, and a quantitative analysis enables to value the costs linked to their adoption. All alternative fuels present advantages and disadvantages and require further research and experimentation in order to overcome the shipowners risk aversion.