The SSI has a vision of a shipping industry that is both profitable and sustainable by 2040.
The Energy Technology work stream is one of four action plans to kick-start the implementation of our Vision for 2040. This programme will run from April 2012 - September 2013.
www.forumforthefuture.org/ssi
1. A step change in energy
technology innovation and
uptake
David Roberts - Gearbulk
2. SSI Vision for 2040
By 2040 the shipping industry will be:
• Powered by a diverse mix of energy sources
• Using resources more efficiently and responsibly
• Operating with a dramatically reduced greenhouse
gas intensity
3. The opportunity
• Reduced fuel costs
• Reduced exposure to
fuel supply / price risk
• Reduced exposure to
legislation changes and
carbon pricing
• Enhanced reputation as
a low-polluter
• New collaborations and
benefits throughout the
supply chain
4. The challenges
• Split incentives
• Uncertainty over new
technologies/techniques
• Lack of independently-
verified data
• High cost of entry for
some technologies
• Conservatism in the
industry
• Long vessel life
5. Long term:
• Speed up the take-up of
Short term: new energy technologies
• Encourage mass adoption
We’ve identified 2 barriers to scale : of new techniques
1. Collect data and develop robust
business cases to allow people Outputs
to make more informed decisions
• Business Cases
2. Work with finance to build and • Systemic barriers
develop new financing mechanisms identified
• Showcase for final
customers
6. Our solution
• Cut through the information barrier: engage suppliers in
developing rigorous business cases for a set of selected energy technologies
and techniques
• Test the business cases against our own investment appraisal processes to
optimise both
• Collaborate: Enhance business cases with new financial approaches (via
Finance work stream), and share benefits with the wider supply chain
• Rigour: Solutions must make business sense in order to be suitable for
implementation by SSI members and the wider industry
• Commitment: for the business cases that work, we will secure SSI
member commitment to implementation at scale
7. Work stream Plan
Sept - May 2012 July 2013
• Gather • Pilot business • Secure
detailed cases in commitment
information • Build organisations • Finalise to act
business outputs
cases
May - Sept 2012 May - July 2013 Sept 2013
= Step change technology implementation
(if justified by business cases)
8. What makes it special
• A portfolio approach combining:
• Technologies which are ambitious and
may require further development/proof,
or significant retrofit or new build, but
deliver the significant energy savings we
seek
• Operational techniques which can be
applied to almost any vessel now, but
whose implementation remains uneven
• The collaboration of shipping industry
leaders, service providers and financiers,
who believe that this is critical to the future
of global shipping.
9. Joining this work stream
Ship owners & operators
Technology providers
Financial / business
services
Wider supply chain players
including customers, who
can share in the process
and benefits
10. Summary
• Combining ambitious
technologies with more
straightforward operational
techniques
• New collaborations with
supply chain and financing
• 18 months to really
understand what works
• Work with us!
11. A step change in energy
technology uptake
David Roberts - Gearbulk