Wind power to aid shipping emissions reduction

That is according to Tuomas Riski, CEO of Norsepower Oy Ltd, a leading manufacturer of auxiliary wind propulsion systems, who says that its own Rotor Sail Solution technology alone has the potential to reduce emissions by 5%.

“Norsepower is proud to stand up and say that it is ready and willing to help the industry achieve ambitious targets,” said Mr Riski.

“Innovative efficiency solutions rolled out with innovative finance means 70% decarbonisation is possible by 2050 or sooner.”

Potential savings

“Norsepower’s Rotor Sails may not already be installed on the 20,000 applicable vessels in the global fleet, but we have a proven commercial product that could reduce emissions by 10 to 15% per ship,” Mr Riski continued.

He explained that this does not limit the reductions that could be made by those ships, as multiple technologies sit happily alongside Rotor Sails, like hydrodynamic hull optimisation, heat recovery, and alternative fuels.

Norsepower offers Rotor Sails under a ‘Technology as a Service’ model; rather than pay for a technology up front and install it on a vessel, with costs are billed monthly at an amortised fee based on the achieved fuel savings.

Mr Riski said that this reduces the barrier to entry and provides the added benefits of a service agreement rather than a one-off purchase of a product.