The Incentive Scheme is intended to promote projects and demonstrations in Rotterdam that utilise new climate-friendly fuels in maritime shipping.
In Rotterdam, the challenge is crystal-clear: we want to bring our port activities in line with the goals set out in the Paris Agreement. We will be working towards a carbon-neutral port in partnership with the private sector. This ultimately means creating a port with no negative impact on our climate. And this, in turn, calls for an energy transition marked by radical innovations and new technologies.
Decarbonisation of maritime transport
To decarbonise logistics that run via Rotterdam, in 2018 Port Authority CEO Allard Castelein announced a EUR 5 million incentive scheme for climate-friendly shipping. This scheme will support ship owners, charterers, fuel suppliers and producers and related parties experimenting with low-carbon or zero-carbon fuels that can help to substantially lower the sector’s CO2 emissions.
We wish to play an active part in the further reduction of CO2 emissions generated by the shipping sector. Through this scheme, we are able to give various parties that extra financial push they need to realise a concrete project in this area.
— Allard Castelein, CEO Port of Rotterdam Authority
Five million euro made available through the Incentive Scheme
As of today – 21 January 2019 – parties can apply for funding via the Incentive Scheme Climate-Friendly Shipping. The Port of Rotterdam Authority has made five million euro available to this end. So shippers, shipping companies, fuel producers and suppliers, engine manufacturers and ship owners: don’t hesitate to join strengths and submit your proposals to the Incentive Scheme Climate-Friendly Shipping.
The objective of the Incentive Scheme Climate-Friendly Shipping
The Incentive Scheme is intended to promote projects and demonstrations in Rotterdam that utilise new climate-friendly fuels in maritime shipping. The scheme will run until the end of 2022.
• This scheme is intended for fuel projects that reduce CO2 emissions by over 50%. In cases where the proposed project involves biofuels, these need to be of an advanced nature and be produced from residual flows and waste flows.
• Any party is allowed to submit an application, provided the alternative fuel project directly involves parties within the relevant transport chain and the applicants intend to actually use a qualified alternative fuel for the propulsion of a sea-going vessel.
• The alternative fuel in question needs to be bunkered within the port of Rotterdam.
• Interested parties are invited to complete and submit the below application form before 1 July 2022.
• Applications that appear eligible for consideration within the requirements of the Incentive Scheme (please refer to the Notes to the Incentive Scheme included below) will be invited by the Port of Rotterdam Authority Assessment Team for a meeting, during which they will exchange information.
• A total of € 5 million is available for allocation until 31 December 2022. Funding will be awarded on a ‘first come, first serve’ basis.
Transition to climate-friendly fuels
Rotterdam’s port area is eminently suited as a location for the development of alternative fuels, as it already contains a large share of the required infrastructure and fuel facilities. The port is home to a host of major international companies involved in the production, storage, handling, distribution and trading of fuels.
Efficiency measures alone could already reduce CO2 emissions by 20 to 50%. Nevertheless, if the maritime shipping sector aims to satisfy the international community’s ambition to cut emissions by at least 50% by 2050 it will need to switch to climate-friendly alternative options.
Energy in transition
The Port of Rotterdam Authority is committed to combating climate change and wants to play a leading role in the global energy transition. The reduction of CO2 emissions and efficient use of raw and residual materials are important tasks for the Port Authority.
Need to know more about the Incentive Scheme Climate-friendly Shipping? Contact Imke Deibel.