LNG and methanol could be green dead ends, says UCL
- In a world where shipping ends up on ammonia, investments in LNG and methanol would compete rather than help the transition, study finds
- UCL Energy Institute has argued e-methane and e-methanol would cost more than ammonia, because of need for added carbon on top of green hydrogen
- Sea-LNG disputes the basis of the study, saying the industry won’t necessarily end up on ammonia alone
LNG and methanol offers are at higher risk of ending up as dead ends, and ships running on them as stranded assets, if the industry opts mainly for green ammonia, according to the UCL Energy Institute’s Shipping and Oceans Research Group
