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10.9.2024
Policies & insights

Active industrial policies key to maintaining Norway's maritime leadership

Maritime CleanTech has provided input to the government’s new industrial strategy, calling for coordinated action to scale up the market for green maritime technologies.With international shipping facing emission reductions requirements of up to 80% by 2040 and net zero by 2050, the global demand for maritime climate technology is expected to skyrocket.“Norway is already a key player in this market, but we need active industrial policies to maintain and strengthen our competitive advantage,” says Reber R. Iversen, Policy and Project Manager at Maritime CleanTech.A Strong Position for GrowthThe submission highlights that Norway’s maritime industry is well-positioned to lead the world in green transition efforts. Currently, 25% of the Norwegian fleet deploys low- or zero-emission technology, a global benchmark in sustainable shipping.By leveraging this leadership position, the Norwegian maritime cluster can significantly boost industrial growth and exports. This is especially important as the oil and gas sector sees reduced activity in the coming years and decades.“By creating a strong home market and supporting the development of new technologies and infrastructure, we believe Norway can not only meet its climate goals but also position itself as a global export powerhouse of green maritime solutions,” Iversen adds.Strategic RecommendationsIn its brief to the government, Maritime CleanTech stresses the need for a more coordinated and forward-leaning policy that supports the development, scaling, and commercialization of green maritime technologies.Key recommendations include stronger public procurement policies to create a larger domestic market for zero-emission solutions, including future ferry contracts and Norway's upcoming defence fleet investments.Moreover, the submission outlines the importance of establishing comprehensive supply chains for zero-emission fuels, such as hydrogen and ammonia. Maritime CleanTech advocates for contracts for difference to bridge the price gap between conventional fuels and zero-emission alternatives, thus ensuring predictable conditions for fuel producers and shipowners alike.

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