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Danaos and EKI at COP28: Announcement of innovative technology


Danaos and EKI at COP28
Photo: An innovative technology by DANAOS announced at COP28


An innovative technology to Capture (rather than storage) Carbon sequestered on board was announced by Danaos Management Consultants and the Energy Competence Center (in greek, EKI) at the event organized by EKI at the Greek pavilion at COP28 in Dubai. “This is a completely cost-effective solution, which becomes even more attractive when combined with EKI's equally innovative ship design toolbox. The retained dioxide is converted into a completely ecological fertilizer, solving the environmental problem and addressing the global food shortage. The same technology can be applied on land, even more easily than at sea, complementing the well-known solution of underground storage for the dioxide produced by industry. Instead, fertilizer will be produced for agriculture but also for the reforestation of lands, everywhere in the world", as stated by the Managing Director of Danaos Management Consultants, Mr. Dimitris Theodosiou.


The EKI toolbox in question targets the minimum energy consumption and the minimum carbon footprint of the ship . In particular, NTUA Prof. Mr. Antonis Kokosis , who coordinated the relevant research of EKI, explains: "For ships, we started the development of computational tools, which allow the analysis and comparison of energy-integrated options and the highlighting of innovative design proposals. The tools capitalize on knowledge and experience in energy integration and accompany it with Life Cycle Analysis to determine the environmental footprint.

We specifically studied the case of a Greek shipping vessel and came to an energy saving of 2% to 12%, depending on the fuel. By incorporating carbon capture technologies on board, emissions reductions of up to 80% were recorded. In the case of liquefied natural gas (LNG) combustion, in fact, special advantages emerge in the cryogenic retention technology, which allows the easy utilization of the retained dioxide. With such data and the toolbox, the techno-economic examination of alternative fuels and technologies in the useful life cycle of ships, and even the introduction of new engines and propulsion methods, becomes much easier."


The announcements by EKI came as a result of another innovation, this time by the General Secretariat for Research and Innovation ( in greek GGEK ), which co-financed the establishment of Competence Centers, such as EKI, in an unprecedented partnership with private sector enterprises and the wider State . "While most start-ups internationally, which mature and promote technological findings of researchers, fail due to their low access to the business world, Competence Centers have such access from the beginning, since the majority of their equity comes from business. EKI is fully oriented to the transfer of technology and know-how from research to the market, through specialized energy tools, such as those presented at COP28, and customized demonstration applications of innovative technology. We are proud of our partners and their capabilities to create and implement innovations in the energy transition landscape," said EKI Director Dr. Stelios Bikos.

During the hour-long debate, which took place in the Greek pavilion of the COP28 International Conference on Climate Change on Monday, December 4, 2023, entitled "From sequestration of carbon dioxide to green fuels", the President of the Special Standing Committee on Environmental Protection of the Parliament , Member of Parliament , Dr Dionysia Avgerinopoulou referred to the maritime policy of the European Union and the revised National Plan for Energy and Climate (in greek ESEK), while announcing the organization of the 9th International Conference "Our Ocean Conference" on April 16 & 17, 2024 in Athens. In terms of shipping, Dr. Konstantinos Rokkos , President and CEO of TST International praised the role of shipping as a pillar of the national economy, outlined shipping's concerns regarding the new regulations that are being instituted for it in the midst of global competition and discussed directions and scenarios, which can be followed by the Greek entrepreneurs in the field in their attempt to successfully adapt to the new data. The debate was moderated by Mr. Vassilis Triantafyllos , Special Advisor on energy matters to the Deputy Minister of Environment and Energy, Ms. Alexandra Sdoukou .




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