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New blueprint offers structured approach to assess potential of green corridors

31 Jan 2023

Independent nonprofit organisation RMI and independent research and development centre Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have released a new, free step-by-step blueprint giving guidance on how to perform the initial pre-feasibility assessment of potential green corridors, according to the latter on Thursday (19 January). 

The framework is based on learnings from existing corridor projects and this tool provides a structured approach to collecting the necessary data and making the right analyses. 

The Pre-Feasibility Blueprint is created as a contribution to the Green Hydrogen Catapult initiative by RMI and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.

The Blueprint kit consists of a seven-step framework that takes the initiator(s) through the required considerations around fuel supply readiness, port and infrastructure requirements, regulatory support, and cost calculations. Based on this data the blueprint offers selection criteria for potential green corridor projects that should be explored further.

Along with the framework comes a toolbox in excel with readymade, prepopulated tables and tools. This allows project owners to make calculations and overviews based on local data that will fast track decisions on how to proceed with the project.

“Green corridors are real climate action. They help break down the complexity of the transition into manageable projects and mature the solutions we need to establish green shipping on a global scale. It is a new way of collaborating across the value chain and with this blueprint we want to pass on our knowledge and best practice from existing projects to inform and inspire the creation of more green corridors,” said Johan Byskov Svendsen, Program Manager at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.

“Governments and industry are focusing on green shipping corridors to accelerate shipping decarbonization this decade. The challenge and opportunity is that we need to get 20 to 30 corridors around the world into active planning phase. The blueprint and materials developed by RMI and the Mærsk Mc-Kinney Møller Center for Zero Carbon are a crucial tool for decision makers, so they can chose the right corridors to focus on and we can start seeing these projects built,” said Oleksiy Tatarenko, Senior Principal in RMI’s Climate-Aligned Industries Program.

The Green Hydrogen Catapult is a global initiative convened with the support of the UN High Level Champions for Global Climate Action and hosted by RMI. It was founded and is led by a group of leading global industrials aiming to accelerate green hydrogen adoption at scale. Members include ACWA Power, ArcelorMittal, CWP Global, Fortescue Future Industries, H2 Green Steel, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Power-2-X, and Yara.

Note: The Pre-Feasibility Blueprint can be downloaded here.

 

Photo credit: RMI and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
Published: 31 January, 2023

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