Honeywell partners with UN Environment to provide more access to clean energy
The US conglomerate, Honeywell, has announced its partnership with the United Nations Environment to encourage sustainable economic development.
The firm and the organisation signed a Memorandum of Understanding (MoU) on 13 March in order to raise awareness of energy efficiency in Dubai.
The Executive Director of UN Environment, Erik Solheim, and Honeywell’s High Growth Regions President, Norm Gilsdor, signed the MoU at the company’s regional headquarters in Dubai.
The MoU commits the groups to follow the United Nation’s Sustainability Development Goals 7 and 13.
Goal 7 targets affordable and clean energy access, whilst goal 13 aims to tackle the impacts of climate change.
Honeywell and the UN Environment also signed to share experiences and build programs for environmental capacity.
“UN Environment is the world’s leading environmental authority, tasked with promoting sustainable development through partnerships that protect our planet and inspire positive change,” commented Erik Solheim.
“By working with Honeywell and others in the private sector, together we can take urgent action to combat climate change while delivering affordable and clean energy for all.”
“At Honeywell, we’re blending physical products with software solutions to connect people and businesses to the information they need to be more efficient and more productive every day,” noted Norm Gilsdor.
“With nearly half of our annual revenue linked to energy efficiency technologies and solutions, we are helping the world face its energy challenges, and we are proud to work closely with UN Environment to raise awareness around climate change and energy clean energy.”
Trafigura and Yara International explore clean ammonia usage
Reducing shipping emissions is a vital component of the fight against global climate change, yet Greenhouse Gas emissions from the global maritime sector are increasing - and at odds with the IMO's strategy to cut absolute emissions by at least 50% by 2050.
How more than 70,000 ships can decrease their reliance on carbon-based sources is one of transport's most pressing decarbonisation challenges.
Yara and Trafigura intend to collaborate on initiatives that will establish themselves in the clean ammonia value chain. Under the MoU announced today, Trafigura and Yara intend to work together in the following areas:
- The supply of clean ammonia by Yara to Trafigura Group companies
- Exploration of joint R&D initiatives for clean ammonia application as a marine fuel
- Development of new clean ammonia assets including marine fuel infrastructure and market opportunities
Magnus Krogh Ankarstrand, President of Yara Clean Ammonia, said the agreement is a good example of cross-industry collaboration to develop and promote zero-emission fuel in the form of clean ammonia for the shipping industry. "Building clean ammonia value chains is critical to facilitate the transition to zero emission fuels by enabling the hydrogen economy – not least within trade and distribution where both Yara and Trafigura have leading capabilities. Demand and supply of clean ammonia need to be developed in tandem," he said.
There is a growing consensus that hydrogen-based fuels will ultimately be the shipping fuels of the future, but clear and comprehensive regulation is essential, according to Jose Maria Larocca, Executive Director and Co-Head of Oil Trading for Trafigura.
Ammonia has a number of properties that require "further investigation," according to Wartsila. "It ignites and burns poorly compared to other fuels and is toxic and corrosive, making safe handling and storage important. Burning ammonia could also lead to higher NOx emissions unless controlled either by aftertreatment or by optimising the combustion process," it notes.
Trafigura has co-sponsored the R&D of MAN Energy Solutions’ ammonia-fuelled engine for maritime vessels, has performed in-depth studies of transport fuels with reduced greenhouse gas emissions, and has published a white paper on the need for a global carbon levy for shipping fuels to be introduced by International Maritime Organization.
Oslo-based Yara produces roughly 8.5 million tonnes of ammonia annually and employs a fleet of 11 ammonia carriers, including 5 fully owned ships, and owns 18 marine ammonia terminals with 580 kt of storage capacity – enabling it to produce and deliver ammonia across the globe.
It recently established a new clean ammonia unit to capture growth opportunities in emission-free fuel for shipping and power, carbon-free fertilizer and ammonia for industrial applications.