Onboard Carbon Capture (OCC) Is Gaining Increasing Interest

29th July 2024

A new white paper from DNV states that the successful commercial adoption of onboard carbon capture (OCC) hinges on collaboration among regulators, policymakers, industry stakeholders, classification societies, and suppliers. The white paper, titled "The Potential of Onboard Carbon Capture in Shipping," examines OCC as a decarbonisation solution for the shipping industry. It addresses the technical, economic, operational, and regulatory challenges, as well as its integration into the carbon capture, utilisation, and storage (CCUS) value chain.

“OCC is expected to be part of a range of future options that will help shipping achieve its decarbonization goals,” said Chara Georgopoulou, head of maritime R&D and advisory in Greece at DNV. However, it was emphasised that further collaboration and testing are needed to verify its performance. The commercial viability of OCC will depend on the regulatory frameworks that credit the removal of carbon emissions and the seamless integration into the expanding CCUS value chain.

The paper reviews the regulatory landscape, underscoring the necessity for environmental regulations that recognise captured CO₂. It also explores how onboard carbon capture can connect to a future, fully developed CCUS value chain and presents the status of global storage locations and capacities.

Currently, the EU ETS is the sole regulatory framework offering commercial incentives for OCC. To motivate shipowners to adopt this technology, future environmental and greenhouse gas (GHG) emissions regulations must also provide credit for captured CO₂. As time progresses and technology advances, the potential for carbon capture in shipping and marine emissions is accelerating. Protea is at the forefront of these developments with its range of technologies.

Det Norske Veritas (DNV), formerly DNV GL is an international accredited registrar and classification society headquartered in Høvik, Norway. DNV provides services for several industries, including maritime, oil and gas, renewable energy, electrification, and healthcare.

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