The VTAS project is a collaboration between the Energy Technologies Institute (ETI), BMT Group and Black & Veatch. Funded by the ETI its aim is to help the commercial shipping industry understand the benefits of investing in fuel efficient technologies to accelerate their deployment.
The 15 month project consists of three phases: Phase One aims to identify and engage with a range of shipping stakeholders. Phase Two involves developing capabilities to meet stakeholder requirements; Phase Three will establish a sustainable business to promote and support fuel efficient technology on commercial shipping after the project ends.
During this phase we will identify and engage with a range of stakeholders that are involved in the management, finance, operation, and procurement of vessels and on-vessel energy technologies. The objective of this phase is to assess the needs, attitudes and decision making of stakeholders relating to the use of fuel efficient technologies. This will enable the barriers and opportunities to be fully understood, and addressed in future project phases.
The Project Team will utilise stakeholders insight to identify and develop capabilities to resolve the obstacles that prevent adoption of energy saving technologies -like the development of accurate, transparent and trusted technical and financial models necessary to support investment in energy saving technology.
The final phase of the project will establish a sustainable venture to promote fuel efficient shipping. During this phase we will develop plans to provide products and services, based on stakeholder needs identified in earlier phases. During the final stages of the project we plan to deploy the venture and begin providing solutions to help the industry save fuel, lower operating costs, and reduce greenhouse gas emissions.
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