What is it about?
The work focused on the adaptation of the scrubber technology (an abatement technology in shipping) for the Maritime Energy Contracting model (MEC) using the Energy Service Contracting concept.
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Why is it important?
This work illustrated how the Maritime Energy Contracting (MEC) model can be a market mechanism for the delivery of emission reduction in the maritime sector.
Perspectives
Since predictions are that oil prices may increase in which case ship-owners who have started using the LNG or the scrubber’s technologies will enjoy a competitive ad-vantage over others due to the higher margins that can further increase with additional investments into energy efficiency. This contract model is a good leeway for fuel producers and shipowners who are ready to make risky investment for their Sulphur regulation compliance.
Dr Eunice Omolola Olaniyi
Turun Yliopisto
Read the Original
This page is a summary of: Strategic Energy Partnership in Shipping, January 2018, Springer Science + Business Media,
DOI: 10.1007/978-3-319-74454-4_10.
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