PowerCell Sweden has signed a memorandum of understanding (MoU) with German industrial group Siemens AG to jointly develop a fuel cell-based system that can be integrated into ships such as ferries, yachts and cruise ships.
Commercial shipping is affecting the environment through emissions of both CO2 and particle matters. The International Maritime Organisation (IMO) has set a target to reduce the emissions from commercial shipping by 50% by 2050, which will require a substantial decrease in the use of fossil fuels.
The aim of the MoU is to integrate PowerCell’s fuel cell systems in Siemens’ existing systems for driver and power generation for the marine segment.
In June a power generating system based on PowerCell’s fuel cell stacks and developed by PowerCell’s Norwegian joint venture Hyon, got the first ever approval in principle for a fuel cell-based power generating system for marine vessels.
“In large segments of the marine industry a rapid transition has already started, with increased electrification and decreased use of fossil fuels as strong trends,” Per Wassén, CEO of PowerCell said. “If commercial shipping is to meet the IMO target, and seriously take on the challenge that the climate change poses, large sections of it has to convert to much more sustainable solutions. Fuel cells are a very promising alternative and Siemens and PowerCell see a great potential for the cooperation we are now entering into.”