Maersk completed the first bio-methanol voyage this year. To get enough green methanol it was collected at landfills. August 17, 2023 By Bernardo Burga, Renewable Fuels, BloombergNEF Capacity needs to rev up – and fast Though there is great optimism for green methanol within the shipping industry, there are still significant hurdles across the value chain for widespread methanol adoption. BNEF’s database of upcoming green methanol projects forecasts an annual capacity of 5.5 million metric tons by 2027 – roughly 11 times the capacity today.
This is an enormous increase, but it’s just a fraction of what is needed.