The Innovation Fund project SustainSea aims to develop in 54 months a strategy to deploy bound4blue’s innovative rigid wind sail system (eSAIL®) in maritime transport which will adopt wind energy to reduce fuel use and decrease GHG emissions in the European maritime sector.
Within the project, the wind propulsion system developed by bound4blue, will be integrated into five large cargo vessels which are mainly operating in EU waters.
In accordance with the REPowerEU and EUGreenDeal, this will have a significant impact on reducing dependence on fossil fuels and external suppliers, whilst also creating positive environmental impact by reducing relative greenhouse gas (GHG) emissions compared to the reference scenario.
Pollution derived from maritime shipping activities has profound implications for air and water quality and marine biodiversity. Therefore, there is a clear need for new disruptive technologies to address these issues.
The inclusion of maritime transport in the EU Emission Trading System further strengthens the importance of moving towards CO2 abating processes and technologies in this sector.
In addition to generating employment for local suppliers, this project will support the EU regional economy, as it has the potential to generate a new value chain in the wind energy sector.
The main objective of this project is to carry out 5 large-scale installations of eSAIL® systems in different vessel types. This will reduce GHG emissions by 14037 tonnes CO2 equivalent for the first 3 years of operation, increasing to 46789 tonnes CO2 equivalent over the first 10 years.
This project is focused on energy efficiency of the European shipping industry, being fully aligned with the latest IMO regulations (such as the Sulphur Cap, EEDI/ EEXI or the CII (Carbon Intensity Indicator)) and with EU policies (such as FuelEU and the general framework of the EUGreenDeal).
These regulations are forcing ship owners and charterers to use less polluting fuels and move to emission saving technologies, with the global goal of reaching a high degree of decarbonisation of the shipping industry by 2050.
The main challenges are around
Scaling up the technology to larger sizes, while remaining fully functional
Adapting the technology to cover the main market segments in the European shipping industry.
These regulations are forcing ship owners and charterers to use less polluting fuels and move to emission saving technologies, with the global goal of reaching a high degree of decarbonisation of the shipping industry by 2050.
This project will position bound4blue as a global leader of wind-assisted propulsion, which will result in the increased competitiveness of this sector in the EU, generating impacts in future job creation and enhance the European value chain.
More information about the company can be found in the following link:
https://bound4blue.com/
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.
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