Fuel savings of up to 8% could be achieved by ship owners and operators on the back of a new waste heat recovery system that will benefit from development work by engineering specialists, RED Engineering (formerly Red Marine).
The £3.6m project, led by Cramlington firm, AVID Technology (www.avidtp.com), which is set to transform environmental standards in the marine sector,features technology engineered to reduce emissions and vessel operating costs by converting waste heat from the vessel engine into electricity.
RED Engineering’s role is to ensure that the equipment developed complies with the appropriate marine regulations while also providing technical input to support the installation of a vessel demonstration unit in 2018.
The two-year-long project has been funded by the Energy Technologies Institute (ETI) and will also benefit from support and input from Royston Power and France’s Enogia S.A.S.
RED Engineering works globally developing and delivering solutions that deliver efficiency savings for the likes of FMC Technologies, GE Oil & Gas, Technip and Subsea 7 amongst other clients.
Joe Orrell, managing director at Red Engineering, said the contract again demonstrated the efficiency savings that are achievable using advanced engineering solutions.
“We are delighted to have been selected as a key partner in this project. The technology is very appealing as it has the potential to deliver both efficiency savings and a positive environmental impact.
“With our track record of developing and delivering first of kind equipment and expertise of the marine environment, we are confident we can play a significant role in developing this technology.”
Established in 2008, RED Engineering has rebranded in a move that reflects growing demand for its expertise beyond the offshore oil and gas marine sector. Services include consultancy, supply of bespoke equipment and qualification testing.