The growing interest in wind propulsion
Market - wind propulsion is being assessed as a credible solution tor acdress GHG policy challenges, volatile, unpredictable fuel prices and availability, growing threat of carbon costs and to meet strong market demand from customers looking to decarbonuse their logistics chains.
Technology Providers - there has been a substantial increase in the number of credible, viable rechnologies under development from multiple vendors, Advanced data monitoring, weather routing, energy management systems help to predict, plan and operate wnd propulsion systems to maximise the available benefits.
Technology Readiness - from the early 2020s we will see an increase in the number of systems sea-trialled and entering the market. These will join the rotor sail, rigid sail and suction wing systems already available in the market.
Financial Options - to lease or rent systems and financial instruments where wind propulsion systems are paid for by the fuel savings generated are under development
Technology Providers - there has been a substantial increase in the number of credible, viable rechnologies under development from multiple vendors, Advanced data monitoring, weather routing, energy management systems help to predict, plan and operate wnd propulsion systems to maximise the available benefits.
Technology Readiness - from the early 2020s we will see an increase in the number of systems sea-trialled and entering the market. These will join the rotor sail, rigid sail and suction wing systems already available in the market.
Financial Options - to lease or rent systems and financial instruments where wind propulsion systems are paid for by the fuel savings generated are under development
Wherewind propulsion works
The use of wind propulsion in commercial shipping covers a wide spectrum from wind-assisted motor vessels, where auxiliary propulsion is provided by wind, to primary wind vessels with auxiliary engines.
Wind-Assist - auxiliary-wind propulsion systems retrofitted onto existing vessels, These systems offer fuel savings in the range of 5-20%, with potential fuel savings of up to 30% achievable. Retrofitting is a lower CAPEX option than installation onto a newbuilding and offers other benefits such as reduced engine and machinery wear and tear, improved stability and reduction in vibration.
Primary Wind / Sailing-Hybrid Vessels - newbuilding sailing hybrid vessels can offer annual fuel savings of over 50% They combine fuel and emissions reduction benefits with the capabilities and performance of motor vessels allowing predictable scheduling, Operational modes can be wind-only, engine only and motor- sailing. Combined with digital weather routing systems, fuel savings can be optimised on every journey.
Small Traditional Sailing Vessels - these vessels can exploit up to 100% fuel savings but have the challenge of maintaining schedules by being susceptible to unfavourable weather conditions, These types of vessels are used for small volumes of high value cargo, such as Fairtrade rum and chocolate, as part of a wider ethical communications programme. In addition, there are applications for fishing vessels and use in developing island regions.
Wind-Assist - auxiliary-wind propulsion systems retrofitted onto existing vessels, These systems offer fuel savings in the range of 5-20%, with potential fuel savings of up to 30% achievable. Retrofitting is a lower CAPEX option than installation onto a newbuilding and offers other benefits such as reduced engine and machinery wear and tear, improved stability and reduction in vibration.
Primary Wind / Sailing-Hybrid Vessels - newbuilding sailing hybrid vessels can offer annual fuel savings of over 50% They combine fuel and emissions reduction benefits with the capabilities and performance of motor vessels allowing predictable scheduling, Operational modes can be wind-only, engine only and motor- sailing. Combined with digital weather routing systems, fuel savings can be optimised on every journey.
Small Traditional Sailing Vessels - these vessels can exploit up to 100% fuel savings but have the challenge of maintaining schedules by being susceptible to unfavourable weather conditions, These types of vessels are used for small volumes of high value cargo, such as Fairtrade rum and chocolate, as part of a wider ethical communications programme. In addition, there are applications for fishing vessels and use in developing island regions.
The global market for wind propulsion systems is estimated to grow from £300 million per year in the 2020s to around £2 billion per year in the 2050s.
Forecast that the market size for wind propulsion by 2050 (assuming 50-100% abatement of GHG) would be 3/00U 40.0UU vessels with wind propulsion systems installed or roughly 40- 45% of the global fleet.
The..market potential for [wind-assist solutions] for bulk carriers, tankers and container vessels is estimated to add us to around 3,700-10,700 installed systems until 2030, including both retrofits and installations on newbuilds.
