Ship Owners Lowering Costs Through Use of New Energy Management System

A new Energy Management System (EMS), produced by Rolls Royce, allows ship owners to reduce a ship’s energy use, fuel consumption and operating costs, all this while supporting environmental initiatives and providing performance information.

The new, cloud-based portal where information is stored allows fleet operators to compare real-time and historical data pertaining to the ships in question, which aids in fuel and emissions conservation.

During the operation of a fleet, ship operators can see fuel consumption levels compared to a baseline of historical data and quickly see if consumption is higher than needed or if the number of engines running should be altered. Operators can immediately asses — and many times lower — the fuel consumption of the ship.

Representatives from Rolls Royce say they have seen demonstrated fuel savings up to 15%.

Golden Energy Offshore, a pilot customer of the new EMS, has seen positive results. CEO Ivar Fagervoll said on, the company was able to “optimize the energy use on board by adjusting our switchboard configurations, with efficient use of the generators for standby sailing and when in DP mode. Accurate fuel consumption measured at an early stage also gives us the opportunity to adjust the vessels’ speed and trim to save fuel.”

The EMS was also recently installed on a large fishing vessel and cruise ship.

Beyond cost savings, the new EMS allows ship operators to reduce emissions, fulfilling many ship owners’ responsibility toward the environment.

The Energy Management System sector is growing and, according to a 2015 report by Navigant, expected to reach $35.6 billion by 2024.

And just today, Market Research Future announced the sector will grow to a whopping $89 billion by 2023.

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