EURO 2025 Leeds
Abstract Submission

2355. Decarbonizing the Norwegian Coastal Fishing Fleet

Invited abstract in session TA-32: Low- and zero-emission solutions for maritime operations-2, stream Maritime and Port Logistics.

Tuesday, 8:30-10:00
Room: Maurice Keyworth 1.09

Authors (first author is the speaker)

1. Peter Schütz
Dept. of Industrial Economics and Technology Management, NTNU
2. Sarka Stadlerova
Departementet of Industrial Economy and Technology Management, NTNU

Abstract

We study how to decarbonize the Norwegian coastal fishing fleet such that the total decarbonization cost are minimized. We use a model for optimal fleet renewal to study which zero- and low-emission technologies should be part of the future energy mix in the Norwegian fishing sector. The model accounts for both investment costs in new vessels, operating costs (incl. fuel costs) of the fishing vessels and carbon taxes. Our analysis shows that financial incentives need to be supplemented by a development of the regulatory boundary conditions to achieve a cost-effective decarbonization.

Keywords

Status: accepted


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