The FINANCIAL — A UK start-up is using satellite data to develop technology that will help the shipping industry reduce its CO2 emissions. 90% of everything we consume is moved by sea. As world trade continues to grow, there is an increasing number of ships crossing our oceans, each using vast amounts of energy, UKRI notes.
The shipping industry is responsible for around 940 million tonnes of CO2 annually, which is at least 2.5% of the world’s total CO2 emissions.
Cutting CO2 emissions by 50%
The International Maritime Organization has set a target for it to cut these emissions by 50% by 2050.
The UK government is the first in the world to include emissions from international shipping in its domestic carbon budget.
To help the shipping industry rise to the greenhouse gases challenge, UK company, Smart Green Shipping (SGS) has developed a wind-assist power solution based on America’s Cup wing sails.
Smart vertical aerofoils
Its ‘FastRigs’ system involves a series of ‘smart’ vertical aerofoils mounted on vessels.
The aerofoils are paired with a sophisticated analysis system that can accurately calculate the available wind to any ship, across any trade route at different speeds.
It aims to reduce fuel consumption by at least a fifth initially and building on that as the technology progresses.
Space tech meets wind power
SGS has been using meteorological and satellite technology at the European Space Agency’s Business Incubation Centre UK (ESA BIC UK).
The technology will help to develop the prototype for this state-of-the-art digital software for this wing sail system.
This digital software can provide projected annual fuel savings accrued, whether that is through retrofitting the technology into an existing ship, or as part of a new-build design, according to UKRI.
This enables project partners to finance the greenhouse gas-saving technology.
Intelligent wing sails
It also makes the wing sails ‘intelligent’ by:
sensing when to turn to make the most of the wind angle and speed
retracting when approaching a bridge, or when wind speeds present a danger.
It does all this autonomously meaning there is no need for any additional crew to operate.
About ESA BIC UK
The ESA BIC UK is part of the world’s largest business incubation programme for start-ups that are using space or satellite technologies to develop new products and services.
It is managed, and partly funded, by the Science and Technology Facilities Council, in collaboration with:
ESA Space Solutions
UK Space Agency
University of Leicester.
It sets out to help small businesses develop game changing products and services for an increasingly competitive, global marketplace.
To date it has incubated nearly 100 start-up companies, and SGS is the latest company to have graduated from the programme after completing a two-year support programme.
Solving industrial and environmental challenges
Diane Gilpin, Founder and CEO of SGS, said:
Wind is free, clean and abundantly available to ships that are equipped to harness it.
Our modern wind-assist solutions are highly advanced and optimised to enable the shipping industry to start driving down emissions immediately.
For SGS, the ESA BIC UK support over the last two years has been of key strategic importance to our mission, to drive the uptake of renewables in the maritime industry using wind power.
The development of our digital tool is critical to our efforts to support ship owners assessing the commercial viability of installing wind-assist solutions on their ships.
Dr Sue O’Hare, Operations Manager at the ESA BIC UK, said:
Combining satellite technology with wind power in a mission to reduce CO2 emissions in the global shipping industry is an inspirational example of how space can help address both our environmental and industrial challenges.
I’m thrilled to have supported SGS in the development of such pioneering technology and wish it every success as it takes its business to the next level.
Join the ESA BIC UK
The ESA BIC UK is a UK-wide programme, incorporating:
Harwell Campus in Oxfordshire
Sci-Tech Daresbury in the north-west
Royal Observatory in Edinburgh
the new Space Park Leicester.
Each location is firmly associated with world-leading specialisms that companies joining the programme can benefit from.
Part of the ESA Space Solutions network of successful ESA BICs across Europe, the ESA BIC UK provides up to 15 start-ups every year with a combination of:
access to world-leading technical expertise, facilities and business development support.
This is in addition to the benefits that being part of a flourishing and unique network of science and innovation campuses can bring.