Wärtsilä introduces decarbonization services business model to support net-zero CO2 emissions

AFRICA – The technology group Wärtsilä, has launched its decarbonization services strategy aimed at identifying solutions needed to decarbonize power systems and reducing CO2 emissions for clients in the mining and industrial sectors.

The service utilizes Wärtsilä’s sophisticated power system modeling and optimization tools alongside in-house expertise to reduce power system emissions.

It also ensures power availability with the lowest levelised cost of electricity. The ultimate aim is to help customers decarbonize their assets.

Initially, the service will focus on existing Wärtsilä customers in the mining and industrial sectors, as well as small-scale power utilities.

It is carried out in long-term partnership with the customer and is outcome-based, with Wärtsilä’s success tied to the customer’s gains.

Wärtsilä estimates, that its existing customers in the mining and industrial sectors have a carbon reduction potential of 460,000 tonnes per annum with initial optimization projects.

The need to address climate change is something we take very seriously, which is why we are utilizing our unique capabilities to decarbonize power generation,” said Håkan Agnevall, Wärtsilä’s President & CEO.

We are combining our strengths in power systems modeling and energy system optimization, with our flexible power generation technologies. In so doing, we can optimize overall energy costs and secure uptime and reliability of the power supply, while reducing emissions.”

The president added that the group recognizes that there is no single solution that suits all applications, and they will work closely with each individual customer. Decarbonization Services is one example of how the group plans to use to continue to move up the service ladder.

Decarbonization 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. GEMS Digital Energy Platform.

Power system modeling and dynamic simulations are used to identify the potential and create the decarbonization roadmap.

Implementation of this roadmap is carried out using the GEMS Digital Energy Platform to achieve continuous optimization of the microgrid and all its assets.

For instance, fuel conversions, energy storage integration, and adding more renewables into the system can be part of the roadmap.

Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals, and insights from Africa’s business, economy, and more. SUBSCRIBE HERE

Other Recent Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.