Clyde Co and IMarEST - Technology in Shipping Report

17

Energy management

Conversations on the adoption of energy management solutions centred around three key themes: the reliability of technology, regulatory constraints and cost.

Current regulation accommodates and

encourages the adoption of fuel alternatives and solutions that diminish environmental impact.While the commercial incentives may be key drivers of change, the unpredictable future of regulation such as EEDI should offer incentive

Fuel accounts for as much as half of the operating costs for the shipping industry making the cost of fuel a major driver behind steps to improve energy efficiency. The cost of heavy fuel oil (HFO) - the fuel most commonly burned in ship engines - has remained relatively low over the past decade, at least by historical standards. While the cost of HFO remains low relative

to energy management solutions, the benefits will likely be outweighed by the level of investment required to engage alternatives.

for ship operators to be proactive in this area.

Andrew Preston, Clyde & Co, London

Fuel cells are the way forward. The hydrogen they use is a fuel that can be produced with renewable energy, so it is a true net zero greenhouse gas fuel.

Marine Engineer at a global oil tanker fleet operator

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