The WAPS market is in a dynamic growth phase, driven by increasing environmental regulations and decarbonization efforts.
WAPS harness the power of wind to supplement the propulsion of ships, thereby reducing reliance on traditional fossil fuels. This leads to a decrease in fuel consumption and greenhouse gas emissions.
The real goal is providing to the planet useful solutions
to reduce emissions and use the wind’s full potential. Now.
BENEFITS
Reduced fuel costs - Lower greenhouse gas emissions - Contribution to the decarbonization of the shipping industry
With increasing pressure to meet environmental regulations, WAPS are gaining traction as a viable solution for sustainable shipping, the key part of the maritime industries move towards net zero emissions..
WAPS offer a compelling combination of economic and maintenance advantages, making them an attractive option for ship owners seeking to reduce emissions and improve operational efficiency.
Fuel Savings:
WAPS directly reduce fuel consumption by supplementing the main engine's power. This translates to significant cost savings, especially with fluctuating and rising fuel prices.
Compared to technologies that rely on alternative fuels (like LNG or methanol), WAPS minimize the need for costly fuel infrastructure and supply chains.
Return on Investment (ROI):
While the initial investment for WAPS installation can be substantial, the long-term ROI is favorable due to reduced fuel expenses.
The payback period varies depending on factors like ship type, operational profile, and fuel prices, but many studies demonstrate positive economic viability.
Reduced Operational Costs:
By decreasing fuel consumption, WAPS contribute to lower overall operational expenses.
Simple Technology:
Compared to complex emission control systems (like scrubbers or exhaust gas recirculation), WAPS are mechanically simpler.
Modern WAPS are automated, reducing the need for constant manual intervention.
Lower Maintenance Requirements:
WAPS generally require less frequent and less intensive maintenance than technologies that involve chemical processes or sophisticated machinery.
This translates to reduced downtime and maintenance costs.
Longevity:
well built WAPS systems are designed to have a long operational life, adding to their economic benefit.
Scrubbers:
While effective in reducing sulfur emissions, scrubbers consume energy and require ongoing maintenance and disposal of waste products.
WAPS reduce the initial combustion of fuel, lowering all emission outputs.
Alternative Fuels (LNG, Methanol, Ammonia):
These require significant infrastructure changes, including new fuel tanks and supply systems.
They also pose safety and handling challenges.
WAPS can work in conjunction with alternative fuels to further reduce emissions.
Exhaust Gas Recirculation (EGR):
EGR Systems are complex, and add more mechanical intricacy to an engine, creating more maintenence.
EGR Systems primary function is to reduce NOx emisions, where as WAPS systems effect a much wider array of pollutants.