ZERO44 launches free calculator to compare biofuel and fossil fuel costs
Tool shows ship operators how the economics of replacing fossil fuel with biofuel change once carbon regulations are taken into account, and how that picture shifts year by year.
ZERO44, provider of software for maritime emissions compliance, on Wednesday (28 October) released a free, interactive fuel cost calculator on its website.
The tool shows ship operators how the economics of replacing fossil fuel with biofuel change once carbon regulations are taken into account, and how that picture shifts year by year.
According to ZERO44, fuel prices are still frequently compared on a one-to-one basis: what does a tonne of biofuel cost against a tonne of fossil fuel? If the comparison stops there, biofuel often loses due to its price premium.
“Too often, the conversation about alternative fuels stops at the price per tonne,” said Friederike Hesse, Managing Director at ZERO44.
This story was originally published by Manifold Times. Read the full story at Manifold Times →
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