Clean energy revolution ignites interest in waste heat

摘要

Against the backdrop of toughening climate related policies and a growing carbon conscious, waste heat recovery systems (WHRSs) have made a resurgence within the shipping industry. According to Global Market Insights, the global waste heat recovery system market is expected to surpass US$80 billion by 2025, as sectors including chemical, heavy metal and maritime all seek to reduce their carbon footprint. Shipping first adopted WHRSs in the aftermath of the 1970s Oil Crises but only began re-examining the technology in recent years. The renewed interest in utilising waste heat has prompted new technological developments, making the systems more versatile and applicable to a wider range of ship types. Among the companies breaking into this reopened market is Munich-based manufacturer, Orcan Energy, which is striving to help shipowners cut emissions and save money with their compact efficiency PACK.