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Ïã¸ÛÁùºÏ²Ê-Energy collaborates with industry on new cleantech financing mechanism for the shipping industry

10 July 2012

ships

Ïã¸ÛÁùºÏ²Ê-Energy Lecturer in Energy and Transport, , is collaborating with Carbon War Room and PricewaterhouseCoopers to lead a working group to develop a new cleantech financing mechansim specific for the shipping industry.

The working group which comprises of leading banks, technology companies, ship owners and charterers is hoping to revolutionise the take-up of cost-effective technology in the sector by developing a novel investment mechanism which removes some of the classical barriers associated with access to capital, apportionment of performance risk and access to information.

Ïã¸ÛÁùºÏ²Ê Energy Institute is leading a key component of this work - the development of methods for the transparent quantification of performance benefits of different technologies.