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Consumption of energy by the shipping industry worldwide in 2020, with a forecast through 2050 in the 1.5°C Scenario, by fuel type (in exajoule)

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Release date

February 2023

Region

Worldwide

Survey time period

2020

Supplementary notes

*Forecast.
The 1.5°C Scenario assumes that global temperature will rise by 1.5°C by 2050.

Citation formats

Energy demand in international shipping by fuel type in the 1.5°C Scenario 2020-2050

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 20, 2023

In order to limit the rise in global temperature by 1.5°C by 2050, the international shipping industry needs to both lower its energy consumption and decarbonize in line with net zero ambitions. In 2050, the industry will have to transition from using fossil fuels—namely heavy fuel oil and *** sulfur fuel oil—to relying on renewable fuels—such as e-ammonia, e-methanol, and electricity.

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