Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Investor Presentation (January 2013)
12 slides from Wartsila Oyj Abp's investor presentation, January 2013
Slide 1: Exhaust Gas Cleaning
aan 5 \: EXHAUST GAS CLEANING
Slide 2: Increasing environmental regulation
Increasing environmental regulation SOx NOx PM GHG BALLAST WATER Acid rains Acid rains Impact on Global Damage to air quality warming local eco- Ozone systems formation Under Global ballast 3.5% (2012) Tier II (2011) Along with SOx evaluation convention ECA 0.1% Tier III in ECA reduction (2015) (201
Slide 3: Exhaust gas cleaning - a big opportunity
Exhaust gas cleaning - a big opportunity 3 © Wärtsilä
Slide 4: Strict regulations have been set
Strict regulations have been set Emission Control Areas (ECA) Sulphur emissions is a recognised problem Shipping is a main contributor to SOx emissions, especially in the most sensitive areas Business as usual will aggrevate the situation 4 © Wärtsilä
Slide 5: Compliance need not be expensive
Compliance need not be expensive Switch fuels or clean the exhaust • Low Sulphur Residual Fuel (LSFO): - Limited availability • Low-Sulphur Destillates (MGO): - Similar to automotive fuel - Supply shortage in 2015 - Current price premium: 50% • Gas (LNG/CNG): - Natural gas prices expected to remain
Slide 6: Scrubbing is the most cost-effective solution
Scrubbing is the most cost-effective solution Return on investment Payback time Fuel price differential 10 MW Main Engine, 3x0,5MW Aux. Engines, Total investment cost USD 3.000.000 6 © Wärtsilä
Slide 7: Significant market potential
Significant market potential • Market is in its infancy but set to develop as 2015 approaches • Biggest market is retrofit • Approximately 8,000 vessels affected by current ECA regulations • Next phase in 2020 will effect an estimated 40,000 vessels • Retrofit value between €1m to €5m per vessel • W
Slide 8: Wärtsilä's scrubber portfolio
Wärtsilä’s scrubber portfolio Fresh water scrubber (FWS) – closed loop system • Not dependent on seawater alkalinity • Zero effluent discharge an option • Low power demand • Needs caustic soda as a reagent Applications: seas with low alkalinity and for operators looking for zero discharge Sea water
Slide 9: Cost-efficient system
Cost-efficient system Key Features • Open-loop system • Same process as for IGS • No additives • Low running costs • Simple and reliable • Module based • Flexible • Standardised designs • Tried and tested 9 © Wärtsilä
Slide 10: Scrubber reference list
Scrubber reference list Newbuilding Vessel or retrofit SWS FWS Details Suula retrofit x Test installation, test report available Containerships VII retrofit x Full commercial project with main stream scrubber. Modification to water treatment system ongoing. Algoma(6+2 vessels) newbuilding x Integrat
Slide 11: Winner in growing environmental markets
Winner in growing environmental markets Far ahead of the competition • Legislation is in place • Abatement is an economical solution • Large market growth, both near and long-term • Wärtsilä Hamworthy is the clear market leader: excellent products and ”turnkey” projects capability • Wärtsilä is well
Slide 12: Wärtsilä
© WARTSILA WARTSILA.COM