Maersk Drilling eyes for investment in new carbon-negative energy. After it’s successful deployment in the Aerospace Industry, the shipping and offshore sector will soon see the deployment of carbon-neutral energy.
In an agreement signed by the Danish shipping behemoth and California based Clean Energy Systems, Maersk Drilling has agreed to invest a net amount of $1 million, aimed at net carbon neutrality.
When deployed on a full-scale basis, the project will yield the production of renewable fuel as well as power, while removing greenhouse gases from the environment.
We delved deep into the concept of carbon-negative energy and found out that the principal ingredient to the process is biomass. After using biomass in place of traditional fuels, syngas will be produced. This syngas will then be separated by chemical processes, separating natural gas and hydrogen, which will be sold off separately.
After this process, the syngas, now depleted of all its hydrogen, will produce electricity, capturing all the CO2 emitted in the process. This CO2 will then be stored in permanent CO2 storages, resulting in the complete removal of CO2 from the environment, thus, attaining net carbon neutrality.
“We believe the world needs a broad portfolio of technologies and solutions to meet the challenge posed by climate change.”Morten Kelstrup, COO of Maersk Drilling
The move comes amid rapid environment-friendly steps being taken by the company to reduce its carbon footprint.
A.P. Moller-Maersk had announced in 2019 that it aims to help the Shipping Industry attain a carbon-neutral future, promising that all ships in its fleet would be having a net-zero emission by 2050. Søren Toft, Chief Operating Officer, Maersk, said, “The only possible way to achieve the much-needed decarbonisation in our industry is by fully transforming to new carbon-neutral fuels and supply chains.”
Developing energy-efficient solutions has been the top priority of the company, which invested over $1 billion in the same.
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