BMT has announced it will take the lead in a £1.8M ($US2.5M) vessel technology assessment system project. The work has been commissioned and funded by the Energy Technologies Institute (ETI) and will be delivered in partnership with Black & Veatch. The primary objective is to assist financiers to understand and quantify the benefits of investing in fuel-efficient technologies for existing and future vessels, thus accelerating the deployment of viable fuel-efficient technologies.
ETI project manager for HDV marine efficiency, David Butler said “Maritime transport emits around 1,000M tonnes of CO2 annually and is responsible for about 3% of global greenhouse gas emissions. Furthermore, International Maritime Organization states that emissions could rise by 50-250% by 2050 compared to 2011 levels. Therefore, the efficient use of fuel through the implementation of energy saving devices (ESDs) will be critical to the future affordability, security and sustainability of maritime transport.”
BMT, in partnership with Black & Veatch, will create independent, transparent and insightful information to engage and support stakeholders and decision makers who can influence commercial shipping to reduce fuel consumption. This will support and promote the drive to change the way in which the world’s shipping power and propulsion is designed and operated. The project will focus on characterising and addressing perceived barriers to the adoption of ESDs, providing data-driven technical models of individual ships and dovetailing this with the necessary financial modelling to help capture the capex and operational issues accurately.
BMT and Black & Veatch will establish a presence in the commercial shipping market that will provide enduring support and continue to promote adoption of ESDs beyond the completion of the VTAS project.
BMT’s John Buckingham explained “There is a choice of ESDs within the commercial shipping market such as Flettner rotors, high-efficiency propellers and wingsail technologies and yet the uptake to date has been somewhat slow, due to the perceived technical and financial risks of implementing these technologies. Through improved ship-based modelling, assessments and data validation, this project will allow us to explore the options and provide independent evidence that stakeholders can trust to make an informed decision.”