Chevron Shipping, Wärtsilä Partner to Lower Methane Emissions on LNG Carriers [Yahoo! Finance]
WARTSILA CORP UNSP/ADR (WRTBY)
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Source: Yahoo! Finance
LNG, when burned as a fuel, results in small amounts of methane that may not fully combust leading to methane escaping into the atmosphere, referred to as methane slip. Methane exists in the atmosphere for a shorter time than CO2 but traps approximately 25–30* times more heat over a 100-year period. Addressing methane emissions is a key part of lowering carbon intensity. Wärtsilä's 50DF to SG conversion project is designed to modify the engines in service to operate as SG, using spark ignition versus diesel pilot fuel to initiate combustion. This enables a more optimised combustion process, thereby reducing the methane slip and improving efficiency. "Chevron Shipping aims to reduce methane emissions intensity of our LNG fleet in support of a lower carbon future," says Barbara Pickering, president of Chevron Shipping. "We are pleased to collaborate with Wärtsilä in this industry first. This demonstrates steps we are taking to help reduce the carbon intensity of marine transportation
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