Wednesday, December 9, 2015

Waste Heat Technology Can Reduce Vessel Fuel Costs and Cut Down Emissions

Electricity Produced from Warm Water
Shipping News Feature
SWEDEN – WORLDWIDE – Great claims are made by the manufacturers of waste heat specialist equipment, Climeon AB, for its Climeon Ocean system that converts hot water between 70-120o C into 100% clean electricity. Now the multinational consulting and analytical firm Frost & Sullivan has added weight to the Swedish company’s argument by awarding it the Technology Innovation Award at the Excellence in Best Practice Award Banquet hosted by Frost & Sullivan in Frankfurt, Germany, for a product which can cut marine CO2 emissions and reduce a vessel’s fuel consumption.

Frost and Sullivan also released a report on Marine Waste Heat Recovery Solutions rating Climeon in first place with a scoring of 9.2 on a scale from 1-10.The report cites superior operating efficiency and high return on investment as the reasons for the product’s status and concludes that it ‘fully expects this system to take off within the marine industry’. Krishna Venkataramani, Frost & Sullivan Senior Research Analyst observed that no commercially available technology can convert water at 90o C to electricity with reasonable efficiency but the Climeon system exceeds 50% of the theoretical maximum of 18%.

Climeon claims benefits of the system include up to 14% efficiency with around 5% in both fuel savings and emission reductions. The system is designed to suit new build vessels as well as for retrofitting and is scalable from 150 kW up to 1 MW. Climeon syas each unit can help customers reduce CO2 emissions up to 5,000 tonnes per year.