{"id":4204,"date":"2024-03-27T15:53:00","date_gmt":"2024-03-27T15:53:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport\/2024\/03\/27\/valencia-joins-alternative-fuel-initiative\/"},"modified":"2026-08-27T14:09:26","modified_gmt":"2026-08-27T13:09:26","slug":"valencia-joins-alternative-fuel-initiative","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport\/news\/alternative-fuels-greenport\/valencia-joins-alternative-fuel-initiative\/","title":{"rendered":"Valencia joins alternative fuel initiative"},"content":{"rendered":"<p>The POWER4MED project aims to promote the use of transition fuels such as LNG in the short term as well as ensuring the supply of alternative fuels such as green hydrogen, methanol and ammonia in the medium term.<\/p>\n<p>Small vessel owners in particular may find the transition challenging so to help owners in the fishing, commercial vessels and marinas sector, the project is also developing a support structure and set of tools.<\/p>\n<p>The initiative, led by Sustainable Development Goal for the Mediterranean (SDG4MED) has a budget of nearly \u20ac800,000, co-financed by the European Maritime, Fisheries and Aquaculture Fund programme of the European Executive Agency for Climate, Infrastructure and Environment.<\/p>\n<p>The project\u2019s main objectives are to:<\/p>\n<ul>\n<li>Analyse what operators need and what fuel alternatives are available.<\/li>\n<li>Assess energy investment options.<\/li>\n<li>Determine and pilot financial tools to support decarbonisation.<\/li>\n<li>Define adaptation costs for the greening of local infrastructures and the transition of ships to fully sustainable fuel sources.<\/li>\n<\/ul>\n<p>In addition to SDG4MED and Fundaci\u00f3n Valenciaport, the POWER4MED consortium encompasses Rina Consulting, Yachting Malta, Universite Des Sciences et de la Technologie D\u2019oran, Kholeif Suzan (PROMEC) and Elkon Elektrik Sanayi ve Ticaret.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fundaci\u00f3n Valenciaport has joined an initiative aimed at accelerating the decarbonisation of the shipping industry.<\/p>\n","protected":false},"author":8,"featured_media":4205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7,34,8],"tags":[40,43,1467,36,183,47,1505,1506],"sponsor":[],"class_list":["post-4204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-fuels-greenport","category-europe-greenport","category-projects-initiatives-greenport","tag-alternative-fuels","tag-ammonia","tag-fundacion-valenciaport","tag-green-hydrogen","tag-lng","tag-methanol","tag-power4med","tag-sdg4med"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/4204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=4204"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/4204\/revisions"}],"predecessor-version":[{"id":4206,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/4204\/revisions\/4206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/4205"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=4204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=4204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=4204"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=4204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}