Clean Marine Hubs

Subject :Economy

Section: Infrastructure

Context::Clean Energy Ministerial (CEM) adopts the Clean Energy Marine Hubs initiative (CEMHUBS) at a summit in goa.

Key Points:

Clean Energy Marine Hubs initiative is a new global platform to scale up low-carbon fuel production and achieve greener supply chains globally.
To move to low carbon fuels in addition to production, the logistics networks needs to be an integral part of the global clean energy transition.
The first of its-kind platform brings together the private sector and governments across the energy maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels.
The initiative is jointly led by players in the private sector and governments working in close collaboration.
The initiative is backed by canada, norway, panama, uruguay and the uae, in partnership with the international chamber of shipping (ICS) and the international association of ports and harbours (IAPH).

Clean Energy Ministerial (CEM)

It is a partnership project of the worlds key economies work-ing together to accelerate the global clean energy trans-ition.
CEM brings together the world’s largest and leading countries, international organisations and companies to achieve a single mission: accelerate clean energy transitions.
Initiatives and campaigns are based on areas of common interest among participating governments and other stakeholders.
The 29 participating CEM Members are: Australia, Brazil, Canada, Chile, China, Denmark, the European Commission (on behalf the European Union), Finland, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Russia, Saudi Arabia, South Africa, Spain, Sweden, South Africa, the United Kingdom, and the United States.
The Framework for the Clean Energy Ministerial, reaffirmed at the twelfth Clean Energy Ministerial in 2021, defines the CEM governance structure and outlines the mission statement, objectives, membership, and guiding principles. The CEM Secretariat is hosted by the IEA since 2018.

Challenges:

The maritime energy value chain is far from ready to transport the in-flux of low carbon fuels that are expected between now and 2050.
To feed the demand, the shipping industry is expected to transport at least 50 per cent of all traded low carbon fuels by 2050, according to the International Renewable Energy Agency (IRENA).
The production centres, vessels and port infrastructure required to accommodate expected demand do not currently exist at commercial scale.
For hydrogen derivatives, such as ammonia and other low carbon fuels moved by ships, the scale is far from what heavy industries, transport and other sectors would require.

Clean hydrogen refers to hydrogen produced with renewable or nuclear energy, or fossil fuels using carbon capture.

International Renewable Energy Agency (IREA)

IRENA is an intergovernmental organization that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.
It promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.
IRENA was officially established in Bonn on 26 Jan 2009. Currently, 100 countries including the US, UK, India and most of the European States, have signed or signaled that they will sign it’s statute.