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When planning phases span decades, it is important to avoid the consequences of getting locked into path dependency or strandedassets by having a clear understanding of technology maturity and cost. Editor’s Notes: Download a free copy of the Beyond Renewables: Impactful Decarbonisation of Australia’s Mining Sector eBook here.
iv In 2023, the International Maritime Organization (IMO) set a target of achieving netzero emissions by 2050. Roger Holm, President of Wärtsilä Marine & Executive Vice President at Wärtsilä Corporation says: “Achieving netzero in shipping by 2050 will require all the tools in the toolbox, including sustainable fuels.
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