Hybrid & Electric Marine Technology

The Project concerns the act of holistic green development in maritime transport and includes:

  • The conversion of the Shipyard into a”green yard” of zero carbon footprint through bilateral contracts with a green energy provider and implementation of energy efficiency models.

  • The conversion of the company’s fleet into an electric vessels fleet through cooperation and co-financing with a specialized group and at the same time the exploitation of the opportunities for the connection of the maritime transport with RES and electrification.

Activity Review

The details of the schema above, can be broken down and detailed in the bulletpoints below:

  • Electric / hybrid ships (4), in this case passenger ships and Ro-Ro, are a structural element of the proposal as they are one of the main off-takers of the energy produced by the RES units of the islands. These ships are loaded either in a central port (2) through cold ironing or shore power services. The development of electricity services can be done between one of the eligible islands.

  • The proposal also includes the construction and operation of two (2) electric / hybrid ships (4) through cooperation with the Department of Shipbuilding of NTUA, a Greek shipyard of suitable scope – e.g. ProMarine Shipyards SA – and specialized LNG engine company – e.g. Wärtsilä. In this context it can be developed in a central port (2) or on an important eligible island (in this case island-4) and a small LNG unit and catering services (bunkering). One is expected to play an important role. which will coordinate the project (1) and develop the LNG station. Another important off-taker can be desalination plants (with reverse osmosis technology) in central high-demand islands (6)

  • The proposed coupling of energy from RES and Maritime Transport addresses to a large extent the very important problem of “matching” the production of electricity from stochastic RES (wind and PV), and the demand as they have been recognized – in addition to consumers in local level – and reliable potential off-takers of different levels of absorption safety (respectively: hybrid ships-electric vehicles, desalination plants and H2 production plants).

  • ProMarine will be the administrator of the control system of production and distribution of energy (electricity, LNG and H2) in collaboration with a specialized company (see above) but also the coordinator of the project (1) in combination with a specialized research body (p .x. NTUA, CERTH, etc.).

Indicative sources of funding

The potential sources of funding for the proposed project are listed below:
1. Recovery Fund / Transition Fund (via South Aegean Region)
2. Just Transition Fund-SDAM (Fair Development Transition Plan or Ministry
of Development)
3. European programs (eg GREEN FUND)
4. Equity
5. New Development Law (from 2022)

The future of Shipping