Energy and marine consultancy ABL has initiated a knowledge transfer partnership with the University of Strathclyde and the University of Plymouth to create an advanced decision-making software aimed at supporting maritime decarbonisation efforts.
Purpose of the Software
The tool will assist various stakeholders in the maritime industry, including:
- Shipowners, charterers, and cargo owners: For creating effective decarbonisation roadmaps.
- Port and ship managers: To evaluate and execute sustainable strategies.
- Policymakers and advisors: For crafting informed policies.
- Financial institutions and insurers: To navigate uncertainties in decarbonisation-related investments.
Key Features
- Predictive Analysis and Simulations:
- The software will utilize advanced energy and emissions modeling to project decarbonisation scenarios.
- It addresses long-term investment decisions (20–30 years) amid evolving policies and technological changes.
- Comprehensive Insights:
- Provides a framework for assessing renewable energy options, alternative fuels, electrification, and climate adaptation.
Project Timeline and Funding
- Duration: 24 months.
- Funding: Co-funded by Innovate UK, with software development and engineering center in London alongside ABL’s maritime decarbonisation team.
Comments from Stefano Scarpa
Stefano Scarpa, Associate Director for Maritime Decarbonisation at ABL, emphasized:
- The absence of such a comprehensive tool in the maritime industry.
- The risk of making suboptimal investment decisions based on short-term data.
- The project’s capability to deliver robust, predictive solutions for decarbonisation pathways.
ABL’s Decarbonisation Expertise
ABL has a proven track record in maritime decarbonisation, offering solutions in:
- Renewable energy production and storage.
- Cold-ironing and electrification.
- Emissions auditing, assessment, and abatement (AAA) consulting.
- Shipboard carbon capture and storage.
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Source: ABL