Next step in shaping the decarbonisation of Marine and Energy
Håkan Agnevall
President & CEO
1 | © Wärtsilä |
Decarbonisation of Marine and Energy is accelerating
Share of carbon neutral and zero carbon fuels in maritime
(%) 100 | Decarbonisation 2050 (1.5°C scenario) |
IMO baseline |
75
Owners will decide on technology partners now:
- Vessel life is 25-30 years
50 - Critical decision criteria:
- Multifuel capabilities for blending with green fuels
- Conversion capabilities for future fuels
25
0
2020 | 2030 | 2040 | 2050 |
Vessel lifetime 25-30 years
Share of renewables in global electricity generation
(%) Renewables Other
Total electricity generation (TWh) | 3X1) |
84% 88%
61%
28%
2020 | 2030 | 2040 | 2050 |
Source: DNV Maritime Forecast 2050 model, Wärtsilä Internal estimates 1) Total electricity generation (TWh) from 2020 to 2050, IEA World Energy Outlook 2021 (Net Zero Emissions Scenario)
2 | © Wärtsilä |
Our purpose
3© Wärtsilä
Broad solution offering to support our customers in decarbonisation
ENGINES
ELECTRIC
FUEL CELLS
ENERGY SAVING DEVICES
CARBON CAPTURE
Diesel
FAME/HVO1)
LNG
Bio-methane
Synthetic methane
LPG
Hydrogen blends
Hydrogen 100%
Ammonia
Methanol
Hybrid
Full electric
SOFC, PEMFC 2)
Propulsion energy saving devices
Air lubrication and flettner rotors
Other
Technical concept
Technology evaluation ongoing
Technical concept
DIGITAL SERVICES | Fleet operation solutions |
Expert insight | |
GEMS |
OWN TECHNOLOGY | THROUGH PARTNERING |
- FAME, HVO: biodiesel
- SOFC: solid oxide fuel cell, PEMFC: proton exchange membrane fuel cell
BOTH IN HOUSE DEVELOPMENT AND PARTNERING
4 | © Wärtsilä |
Leading the decarbonisation journey with a strong commitment to R&D and through partnering for a broad solution offering
Proactive dialogue on customers' specific technology roadmap
Competence & experience to engage in a credible
customer dialogue on "all" technologies
Solution offering for "most" technologies
Leveraging leadership in core technologies and partnering for complementary technologies
Key takeaways
- Working with many of the new technologies for decades
- Conversion to new fuels requires only a limited number of new engine parts
-
Large technology synergies between
Marine and Energy - Transformation manageable with a stable R&D allocation of ~3% of net sales
5 | © Wärtsilä |
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Wärtsilä Oyj published this content on 31 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2022 10:51:10 UTC.