It is projected that until 2050, oil will continue to be the prevalent fuel used by the shipping industry. In 2050, however, the energy mix should become more varied, with alternative fuels accounting for around half of total energy consumption by the industry. By 2070, ammonia is expected to become the dominant source of energy for powering ships.
Consumption of energy by the shipping industry worldwide in 2019 and 2020, with a forecast through 2070, by fuel type
(in million metric tons of oil equivalent)
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Statista. (September 30, 2021). Consumption of energy by the shipping industry worldwide in 2019 and 2020, with a forecast through 2070, by fuel type (in million metric tons of oil equivalent) [Graph]. In Statista. Retrieved November 06, 2024, from https://www.statista.com/statistics/1105953/shipping-break-down-by-fuel-forecast/
Statista. "Consumption of energy by the shipping industry worldwide in 2019 and 2020, with a forecast through 2070, by fuel type (in million metric tons of oil equivalent)." Chart. September 30, 2021. Statista. Accessed November 06, 2024. https://www.statista.com/statistics/1105953/shipping-break-down-by-fuel-forecast/
Statista. (2021). Consumption of energy by the shipping industry worldwide in 2019 and 2020, with a forecast through 2070, by fuel type (in million metric tons of oil equivalent). Statista. Statista Inc.. Accessed: November 06, 2024. https://www.statista.com/statistics/1105953/shipping-break-down-by-fuel-forecast/
Statista. "Consumption of Energy by The Shipping Industry Worldwide in 2019 and 2020, with a Forecast through 2070, by Fuel Type (in Million Metric Tons of Oil Equivalent)." Statista, Statista Inc., 30 Sep 2021, https://www.statista.com/statistics/1105953/shipping-break-down-by-fuel-forecast/
Statista, Consumption of energy by the shipping industry worldwide in 2019 and 2020, with a forecast through 2070, by fuel type (in million metric tons of oil equivalent) Statista, https://www.statista.com/statistics/1105953/shipping-break-down-by-fuel-forecast/ (last visited November 06, 2024)
Consumption of energy by the shipping industry worldwide in 2019 and 2020, with a forecast through 2070, by fuel type (in million metric tons of oil equivalent) [Graph], Statista, September 30, 2021. [Online]. Available: https://www.statista.com/statistics/1105953/shipping-break-down-by-fuel-forecast/