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Wärtsilä and partners developing emissions-free barge concept

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By switching from diesel-fueled propulsion to fully electrically powered transport, an important step can be taken towards realizing the Paris Climate Agreement goals. To make it easier for barge operators to sign-on to the concept, a ‘pay-per-use’ financing model has been developed.

Concept 357
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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. The KPMG research finds that the external environmental costs of 11 key industry sectors jumped 50% from US$566 to US$846 billion in 8 years (2002 to 2010), averaging a doubling of these costs every 14 years. Source: KPMG.

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UK Review of Renewable Energy finds 30% renewables share by 2030 appropriate for the UK; a cautious approach to biofuels in transport

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up to 45%) depending on the extent to which renewable technology costs fall and possible constraints on deployment of low-carbon alternatives, according to the newly released Renewable Energy Review by the UK Committee on Climate Change (CCC). Gas CCS may be particularly useful in providing flexible generation.

Renewable 199
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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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Well-to-Propeller GHG emissions results for marine alternative fuels. That is, owners will not start using new fuels if infrastructure is not available, and energy providers will not finance expensive infrastructure without first securing customers. Emissions Fuels Policy Ports and Marine' Source: DNV GL. Click to enlarge.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Up to 77% of the world’s energy supply could be met by six key renewables by mid-century under the most optimistic scenario if backed by the right enabling public policies, according to a new report by more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC). Wind energy, including on- and offshore systems.

Renewable 218
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Royal Academy of Engineering study examines future lower-carbon ship powering options

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This integrated approach must embrace all of the elements of naval architecture, marine and control engineering alongside operation practices. Gas turbines have been successfully used in niche areas of the marine market and represent a proven high power density propulsion technology.

Engine 225
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany. billion set in 2011. Additional to China, Brazil ($7.6 billion), India ($7.4

2014 150