Abstract
The urgency surrounding climate change has spurred the development of renewable energies and a shift towards lower carbon fuels. Liquified Natural Gas (LNG) emerged as a favored choice for industries and countries for reducing atmospheric emissions, with a projected 40% increase in LNG demand over the next two decades. Shipping has become a vital transportation mode for LNG. Alongside its growing share in the global energy mix, LNG is also viewed as a cleaner alternative to conventional fuel oils, offering significant reductions in noxious gases like NOx, SOx, and CO2 emissions.Despite being less favored in the construction of new LNG carriers (LNGC), steam-powered LNGC account for 39% of the current LNGC fleet as of January 2023. This paper evaluates the operational performance of turbine-powered LNG vessels using high-frequency data. It aims to provide a clear understanding of the energy efficiency of these vessels and their compliance with environmental regulations.
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