Environmental legislation and local rules are encouraging investment in vessels running on batteries and green energy, but owners need to understand the financial and technical risks, reports Riviera.
Managing risks
Increasing demand for green maritime solutions is driving investment in energy storage systems for all types of vessels, but there are risks and safety issues to consider.
Batteries are being installed on ferries, tugs, workboats, offshore support vessels, inland cargo ships and shortsea ships, while ports are installing charging stations.
These market drivers and their risks will be debated at Riviera’s Maritime Hybrid, Electric & Hydrogen Fuel Cell Conference 2024, which returns to Bergen, Norway, on 29-31 October 2024, bringing together vessel owners, energy companies, port authorities, regulators, class, technology and battery manufacturers.
Maritime Battery Forum managing director Syb ten Cate Hoedemaker will provide a deep dive into the market status of type-approved battery systems. He will update delegates on the new developments in maritime battery technology and the latest insights in electrification trends for vessels.
Clarksons Norway Green Transition Group analyst, Simen Workinn Njøten, will provide the latest information on the global shipyard orderbook for alternative-fuelled vessels.
Also during Day 2 of the conference, DNV Maritime Advisory senior environmental consultant Henrik Helgesen will talk about the advancing safety regulations and their impact on the maritime battery sector. He will present the latest guidance for battery energy storage system safety on board ships and work on standardisation.
PBI Research Institute partner Magnus Gustafsson will present the benefits of investing in hybrid and electric systems and the financial investment and technology risks.
In the same session, Norwegian Hull Club senior vice president Anders Furnes will present issues and solutions for insurance and risk management for energy storage systems. He will cover how vessel owners need to understand the involved risks, pin-point the potential hazards such as fire, explosion thermal runaway, then implement measures to mitigate risks and train crew to ensure their safety and competence when operating battery-powered vessels.
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Source: Riviera
