Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Q2 2022 Earnings Presentation
13 slides from Wartsila Oyj Abp's earnings presentation, June 2022
Slide 1: Shaping the decarbonisation of Marine and Energy - Pre-silent call
WARTSILA SHAPING THE DECARBONISATION OF MARINE AND ENERGY PRE-SILENT CALL ARJEN: BERENDS, CFO JUNE 2022
Slide 2: STH – towards a more sustainable future
STH – towards a more sustainable future ▪ Smart Technology Hub is the next step in shaping the decarbonisation of Marine and Energy ▪ Innovation for new products and solutions ▪ Future fuels development ▪ ROPAX Aurora Botnia as our floating test lab ▪ Region of Vaasa as a key location for many indus
Slide 3: STH will deliver our first ammonia and hydrogen engines
STH will deliver our first ammonia and hydrogen 4 stroke medium speed engines The first W32 methanol engines will be delivered in early 2023 Several milestones on low/zero carbon technologies and Newly launched engines are a stepping stone in our strategic products are planned for the upcoming years
Slide 4: Wärtsilä is well-positioned for the decarbonisation transformation
Wärtsilä is well-positioned for the decarbonisation transformation Leader in Pioneer in ▪ Carbon neutral & zero carbon fuels ▪ Marine electric drivetrain - Available today: biofuels, methanol, up to 25% hydrogen blends - 2023: ammonia concept ▪ Carbon capture - 2025: 100% hydrogen concept ▪ Marine o
Slide 5: Adoption of new fuels is the key to decarbonising the maritime industry
Adoption of new fuels is the key to decarbonising the maritime industry High energy prices accelerate decarbonisation Move from a single-fuel industry to a multi-fuel one Distribution of fuel types for Decarbonisation 2050 (1.5ºC scenario), EJ 12 2050 is a single vessel’s lifespan away - customers H
Slide 6: Power system modelling demonstrates the optimal path towards 100% renewable energy systems
Our power system modelling demonstrates the optimal path towards 100% renewable energy systems The path is similar everywhere 5 4 Phase out fossil fuels 3 Convert to sustainable fuels 2 Phase out inflexible plants 1 Add balancing with engines and storage Add renewables 0% Share of renewable energy s
Slide 7: Significant value creation potential in Services
Significant value creation potential in Services 7 © Wärtsilä
Slide 8: 700+ vessels globally supported with lifecycle agreements
700+ vessels globally supported with lifecycle agreements: 90% of cases are solved remotely STH is the home of one of our advanced remote control centers Wärtsilä signed an agreement renewal with Maran Gas ▪ Wärtsilä supports Maran Gas with an optimised maintenance agreement for a fleet of 21 LNG ca
Slide 9: Digital solutions help customers accelerate their journey to maritime decarbonisation
Our digital solutions will help our customers accelerate their journey to maritime decarbonisation Automation & Navigation Simulation solutions for onboard and onshore Smart port management Performance monitoring and fuel efficiency & just-in-time arrival Smart routing & voyage planning Assisted sys
Slide 10: Vessel contracting expected to decline in 2022
Vessel contracting expected to decline in 2022 No of ships, 2,000+ dwt Continuing accelerated fleet renewal 3,000 Accelerating supported by the fleet age profile Support from fleet renewal and potential increased consensus continued container and steady over fuelling and technology choices ordering
Slide 11: WARTSILA
re, WARTSILA
Slide 12: Decarbonisation of Marine and Energy is accelerating
Decarbonisation of Marine and Energy is accelerating Share of carbon neutral and zero carbon fuels in maritime Share of renewables in global electricity generation (%) 100 Decarbonisation 2050 (1.5°C scenario) (%) Renewables Other IMO baseline Total electricity generation (TWh) 3X1) 75 Owners will d
Slide 13: Broad solution offering to support our customers in decarbonisation
Broad solution offering to support our customers in decarbonisation ENGINES Diesel FAME/HVO1) LNG Bio-methane Synthetic methane LPG Hydrogen blends Hydrogen 100% Technical concept Ammonia Technical concept Methanol Hybrid ELECTRIC Full electric FUEL CELLS SOFC, PEMFC 2) Technology evaluation ongoing