The UK Energy Technologies Institute has released a report detailing which three types of technologies can reduce carbon emissions and fuel consumption by up to 30%.
- UK shipping fleet assessed by ETI to give the most economic technologies for fuel consumption reduction.
- “HDV Marine Insights” report was developed to show that reduction of carbon emissions by reducing fuel consumption is possible, even with continued use of fossil fuels.
- ETI intends to fund development opportunities in flettner rotors, waste heat recovery and high efficiency propulsion systems to reduce fuel consumption and emissions.
- Technologies highlighted stated to have an economic payback of around two years.
- Report states that introducing new technologies is challenging, costly, and risky. ETI therefore aims to demonstrate that investors and stakeholders can have confidence in such technologies.
Click here for more information from ETI
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