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Wärtsilä introduces Decarbonisation Service Model

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Wärtsilä's decarbonisation Services

Image credit: Wärtsilä

Technology group Wärtsilä’s has launched its Decarbonisation Services strategy aimed at identifying solutions needed to decarbonise power systems and reducing CO2 emissions for clients in the mining and industrial sectors. The service ensures power availability with the lowest levelized cost of electricity, with the aim of helping customers decarbonise their assets. Wärtsilä estimates that its existing customers in the mining and industrial sectors have a carbon reduction potential of 460,000 tons per annum with initial optimisation projects.

“The need to address climate change is something we take very seriously, which is why we are utilizing our unique capabilities to decarbonise power generation. We are combining our strengths in power systems modeling and energy system optimisation, with our flexible power generation technologies. In doing so, we can optimize overall energy costs and secure uptime and reliability of the power supply, while reducing emissions. Recognising that there is no single solution that suits all applications, we will work closely with each individual customer. Decarbonisation Services is one example of how we continue to move up the service ladder,” Håkan Agnevall, Wärtsilä’s President and CEO said in Cape Town on Thursday.

Wärtsilä’s Decarbonisation Services

Decarbonisation Services is designed to support customers in identifying and implementing the solutions needed to decarbonize their power systems, taking into consideration their long-term planning and CO2 emission reduction targets. Wärtsilä’s approach to meeting these challenges is holistic, both creating and executing the roadmap to reduce emissions. Power system modeling and dynamic simulations are used to identify the potential and create the decarbonisation roadmap. Implementation of this roadmap is carried out using the GEMS Digital Energy Platform to achieve continuous optimisation of the microgrid and all its assets. For example, fuel conversions, energy storage integration, and adding more renewables into the system can be part of the roadmap.

“We appreciate that customers around the world are working hard to decarbonize their operations. Decarbonisation Services can help speed this process, while ultimately delivering benefits in cost reductions, increased reliability, optimized efficiency, and realization of their future vision, which is why we are ramping up our support with this new business model,” explained Sushil Purohit, President, Wärtsilä Energy and Executive Vice President at Wärtsilä.

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Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.