Alternative sources of energy as marine fuels. Environmental and financial effects. Functional implementation and sustainability
Master Thesis
Author
Ntarda, Christina
Date
2022-08View/ Open
Keywords
Alternative sources of energy ; Marine fuelsAbstract
Today, climate change and the greenhouse effect have necessitated the replacement of existing
energy sources with those that are less harmful to the environment. In Shipping, the ongoing
development of technology, the rise in fuel prices, and the implementation of stronger rules on
ship emissions have prompted many Maritime Companies to adopt natural gas and other
renewable energy sources, which will be examined in greater detail. In addition, numerous
examples of ships employing renewable or alternative energy sources will be provided to
illustrate the rate of change in marine fuels. Due to the high volume of ship movements and the
greater volume of goods they carry at a lower cost than other modes of transport, the
development of more efficient types of energy leads to more environmentally friendly solutions.
Finally, this thesis will also discuss how to optimize these alternative fuel sources from an
economic and environmental standpoint.