Yachting’s greener future discussed at Monaco

The future of yachting was the focus of the Yacht Club de Monaco during the Principality’s recent Monaco Ocean Week.

Targeting best practices for protecting the marine environment, the six-day event was a collaboration among the Prince Albert II Foundation, the Monaco Oceanographic Institute and the Monaco Scientific Centre.

‘New Energy Sources and Carbon Emissions: Looking Forward’ was the theme of the Yacht Club de Monaco which therefore held its 10th La Belle Classe Superyachts Environmental Symposium as the transport sector moves toward carbon neutrality by 2050, according to other media outlets.

“Hydrogen, batteries, solar, wind, hydro-electricity, we are putting all of these technologies to the test in extreme conditions to see whether they could be used on a large scale,” explained Victorien Erussad, president, captain and founder of Energy Explorer, a catamaran powered solely by renewable energies that uses hydrogen as a means to store energy.

Other alternatives include biofuel, natural gas, algo-fuel, and bioethanol as well as thermal engines.

The most momentum worldwide, thus far, seems to be in electric batteries and hydrogen, with the latter looked at as the best for a faster transition to new fuel.

“25% of the world’s population relies on sea fishing, but 25% of the animal and plant species could disappear in 40 years’ time,” revealed Jérémie Lagarrigue, CEO of Energy Explorer Developments. “30% of marine biodiversity also lives in corals yet by 2050, all these corals could be dead. Hydrogen is offered up as the only energy system that meets regulatory requirements and allows business to continue.”

Lagarrigue said the benefits of hydrogen have been long-established.

“In 2017, hydrogen was worth US$2 billion (c. €1.6 billion). We are counting on that rising to $2,500 billion (c. €2.1 billion) by 2050 and for 30 million jobs to have been created.”

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Source: IBI News

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