Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/135417
Title: Assessment of emerging technologies for high-speed-crafts decarbonization under the European Union regulation
Authors: Martínez López, Alba 
Marrero, Africa
Romero Filgueira, Alejandro 
UNESCO Clasification: 3313 Tecnología e ingeniería mecánicas
3319 Tecnología naval
Keywords: Fuel
Emissions
Carbon Intensity Indicator
Eu-Market Based-Measures
Short Sea Shipping, et al
Issue Date: 2024
Journal: Research in Transportation Economics 
Abstract: In order to ensure the Carbon Intensity Indicator (CII) compliance by High-Speed-Crafts (HSCs), this paper provides a quantitative analysis of the techno-economic feasibility of a combined solution with slow steaming and vessels' retrofitting with emerging technologies for their electricity supply. Given the varying introductory dates for the EU Market Based Measures (EU-MBM) application for the outermost regions and remaining zones, both scenarios are analyzed through an application case for inter-island 10,000 GT HSCs in the Canarian Archipelago. The results reveal that the most sustainable solution is the green H2 Fuel-Cells use in HSCs' electricity generation, along with 25.3% speed reduction by maintaining their daily calls. However, this solution is less attractive for shipowners due to its Internal Rate of Return and Marginal Abatement Costs. Additionally, EUMBM shows a deficient convergence with HSC's pollutant impact when renewable energies and alternative fuels are involved in retrofitting, by evidencing significant over grants, especially for on-shore power supply. Fuel-EU fines prove to be the most influent variable on Net Present Value for HSC retrofitting projects, however the current Fuel-EU architecture motives permanent EU-MBM's divergences among EU regions by prejudicing HSC retrofitting with emerging technologies in the outermost regions.
URI: http://hdl.handle.net/10553/135417
ISSN: 0739-8859
DOI: 10.1016/j.retrec.2024.101497
Source: Research In Transportation Economics [ISSN 0739-8859], v. 108, p. 1 - 22
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