Interreg 2 Seas ISHY project
The EU has set itself targets for reducing its greenhouse gas emissions progressively up to 2050.
Shipping industry and suppliers must invest in low carbon propulsion systems in order to reduce
the emission of greenhouse gas, but is facing a number of market failures as:
- Vessels have a long operational lifetime (30-40 years), so little incentive to retrofit or replace;
- Number of new build ships per year is low, so RIO in innovative systems for shipbuilders is low;
- Limited faith and knowledge in effectiveness of alternative propulsion technologies;
- Regulation, security and certification haven’t been clarified yet;
- Alternative fueling infrastructures in ports are limited.
It is the ambition of YES to contribute in the set zero carbon and CO2-emission reduction targets and to participate in
developing effective low-carbon propulsion systems for new built vessels and retrofits.
That is why YES is project partner in the EU Interreg 2 Seas ISHY project.
The overall objective of the ISHY project is:
Development, testing and validation off technical tools and sodo-economic models (business cases) for the implementation of hybrid and hydrogen fuel cell technologies in vessels and ports, and realising the development and demonstration of the feasability of these technologies by retrofitting different types of exisiting vessels, different kind of new built vessels and new bunkering facilities in ports in order to increase the adoption likelihood of this low or zero carbon technology in a sector with high impact potential.