Turn2X anticipates that the company’s ‘renewable gas’ could reach parity with fossil equivalent in five to ten years
Meanwhile, for shipping, while many analysts see e-fuels derived from green hydrogen as a two-horse race between ammonia and methanol, Kessler points out that LNG-fuelled [liquefied natural gas] ships are already in the water — and synthetic methane is as far along as other green hydrogen-derived fuels when it comes to large-scale production.
“Ammonia, e-methanol and e-LNG are, from a maturity perspective, probably all at the same size,” he says.