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Table 1 Summary of studies and forecasted price of MGO in 2015

From: Sulphur emission control areas and transport strategies -the case of Sweden and the forest industry

Study

Forecasted price of MGO/MDO with 0.1 % sulphur content year 2015 per tonne

Forecasted price increase between HFO with 1.5 % sulphur content and MGO/MDO with 0.1 % sulphur content

VTI [49]

Scenario 1: 662 USD

Scenario 2: 1158 USD

Scenario 3: 1650 USD

–

Entec [16]

Scenario 1: 545 USD

Scenario 2: 727 USD

Scenario 1: 92 USD/tonne, 42 %

Scenario 2: 119 USD/tonne, 59 %

COMPASS [9]

656 Euro, 883 USD

65 %

ITTMA [27]

Low-cost scenario: 500 USD

Middle-cost scenario: 750 USD

High-cost scenario: 1000 USD

80 %

ISL [26]

Low-cost scenario: 850 USD

High-cost scenario: 1300 USD

70–86 %

57–75 %

Kalli et al. [28]

470–500 Euro, 633–673 USD

73–85 %

51–61 %

Entec [17]

–

155-310 USD/tonne

Sweco [45]

–

350 USD/tonne (Price increase between 3.5 % and 0.1 %)

AMEC [2]

–

275-350 USD/tonne (Price increase between 1 and 0.1 %)