Page 46 - European Energy Innovation - Spring 2015 publication
P. 46
Spring 2015 European Energy Innovation


An EIB perspective on the European
Commission Directive “Clean Power for
Transport” and its Implications for Shipping

By Mark Clintworth, Head of Shipping, European Investment Bank

1. INTRODUCTION fuel efficiency1. EU Institutional 2. CLEAN POWER FOR
In line with EU transport policy financial support not only TRANSPORT
the European Investment Bank benefits EU ship owners and The European Commission’s
(EIB) provides financial support shipbuilders but also supports (EC) “Clean Power for Transport”
to the EU Maritime sector the multitude of SME’s and Directive aims to establish an
including for the purposes of this midcap equipment suppliers infrastructure of alternative fuel
article, EU commercial shipping. involved in the EU’s maritime stations for electricity, hydrogen
The Bank gives particular knowledge economy. In 20122, and natural gas with common
attention to projects that better the EU shipping industry is standards of design and use
assist the sector in dealing estimated to have directly across Europe. This Directive is
with environmental challenges contributed €56 billion to EU a package of the “Commission´s
and encourage, in line with EU GDP, employed 590,000 people, Transport 2050 Strategy” which
legislation, the development of and generated tax revenues of aims to break EU transport´s
clean technology and increased €6 billion. dependence on oil and sets a
target of 60% greenhouse gas
(GHG) emission reductions by
2050. This strategy includes all
modes of transport.

The Clean Power for
Transport Directive provides a
comprehensive EU framework on
LNG for shipping. The Action Plan
for the development of Liquefied
Natural Gas (LNG) in shipping
aims to ensure publicly accessible
LNG refuelling points according
to the technical specifications set
out (applicable for LNG stations
from 2015) for maritime and
inland waterway transport in
all maritime ports of the Trans-
European Transport (TEN-T) Core
Network by 31 December 2020.
The same is suggested for inland
waterway transport for all inland
ports in this area by 31 December
2025. The 83 maritime ports
within the TEN-T Core Network
are the prime locations for use
of LNG in shipping. In addition,
inland waterways and road
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