Weekly Newsletter

27 October 2023

Weekly Newsletter

27 October 2023

Raízen enlists Wärtsilä for ethanol decarbonisation modelling

The energy company is looking to introduce a fleet-wide decarbonisation plan with a focus on the use of ethanol.

Noah Bovenizer October 24 2023

Brazilian energy company Raízen has signed an agreement with maritime manufacturing company Wärtsilä to use its decarbonisation modelling services as it looks to introduce ethanol as a marine fuel for its operations.

The manufacturer will perform tests with ethanol in one of its sustainable fuel laboratory engines as well as identify decarbonisation solutions for the company and deploy them to the involved ship designers and owners.

Raízen vice president of trading Paulo Neves said: “Ethanol is a promising marine fuel that is readily available now. By working with Wärtsilä, we hope to support the marine sector global decarbonisation efforts, with ethanol being a viable contributor towards a portfolio of low-carbon solutions for this sector.”

Wärtsilä’s work with Raízen will cover both new builds and existing operation upgrade plans with a plan to implement the decarbonisation plan fleet-wide, potentially reducing CO₂ emissions by up to 80% through the use of ethanol. 

Stefan Nysjö, vice president of power supply for Wärtsilä Marine Power, said: “At Wärtsilä, we are investing heavily in the development of technologies, engines and solutions aimed for low and zero-carbon marine fuels.

“This agreement with Raízen, a company committed to supporting the sector’s decarbonisation, is yet another example of how we seek ways to enable the journey towards a decarbonised future.”

The agreement isn’t the first for Wärtsilä to focus on ethanol as a fuel substitute, with the manufacturer previously signing a similar agreement with Companhia Brasileira de Offshore (CBO), another Brazil-based company.

Wärtsilä’s decarbonisation modelling service assists shipowners and other maritime companies with complying with regulations such as the Energy Efficiency Index for Existing Ships and the Carbon Intensity Indicator as they seek to achieve the industry-wide target of reaching net zero greenhouse gas emissions by 2050.

The company will also conduct feasibility studies to find out the best use of a company’s resources to align with its net zero and sustainability goals.

Cybersecurity - a key talking point in the travel and toursim space

Per GlobalData estimates, cybersecurity revenues in the T&T sector are forecasted to reach $3.5 billion by 2026. The travel and tourism sector is becoming increasingly digitalized, embracing emerging technologies such as AI, IoT, and cloud. As the digital ecosystems of companies grow, they become more vulnerable to cyberattacks. The industry is fragmented, thereby increasing the number of potential entry points for attackers to exploit.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Your corporate email address *
First name *
Last name *
Company name *
Job title *
Vist our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close