Nearly 80% of global trade is carried by the maritime industry, which accounts for around 3% of global greenhouse gas emissions. To address this, the International Maritime Organization has set a target to achieve full decarbonisation of shipping by 2050.
Electrification of vessels is already proving to be both technically feasible and financially viable in many cases. However, the shore-based grid infrastructure required to support widespread electrification presents challenges, with high upfront costs and long deployment times.
The Virtual Energy Simulation for Shore-side Electrification Load (VESSEL) project has been established to tackle this issue. It brings together operators, energy providers, consultants, academia, and technology developers to explore innovative energy management solutions that can reduce costs and speed up deployment.