Wärtsilä Executive Elected EUGINE President

Posted by George Backwell
Tuesday, April 29, 2014
Kari Hietanen: Photo Wärtsilä

Wärtsilä Corporation inform that Kari Hietanen, Executive Vice President at Wärtsilä Corporation, has been appointed President of the European Engine Power Plants Association (EUGINE). This is a newly established association of European manufacturers of engine power plants.

Wärtsilä explains that there are 14 founding corporate members in the association, which acts as the voice of the industry in regulatory and policy matters relating to energy. The objective of EUGINE is to accelerate the acceptance of engine power plant technology as an essential and value adding energy source in Europe.

EUGINE aims to ensure that engine power plants are considered a viable and competitive solution for providing flexible energy, and that such flexibility is recognized and rewarded in the energy market. The association will thus contribute to the development of a reliable, affordable, more sustainable and modern European energy system, resulting in substantial economic and environmental benefits.

The conditions and fundamentals in the European energy markets are changing. The amount of intermittent power generation is on the rise as a result of the increasing penetration of variable renewable generation into the system. This leads to a greater demand for flexibility in power generation to balance the fluctuations created as a result of the variable generation from wind and solar.

"Flexible power generation is needed, not only to enable more renewable energy, but also to optimize the total European power system. Engine power plant technology needs to be seen as a truly viable and optimal solution for providing flexible power generation, which is a prerequisite for a sustainable and modern European energy system. New market designs to reward and incentivize investments in flexible capacity are needed in order to provide the required flexibility in the most economic way," says Kari Hietanen.

More information at www.eugine.eu
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

Cenac Marine to Christen New Vessel, Donate Barge

A ceremony will be held July 29 at Cenac Marine Services headquarters in, Houma, La. To commemorate the christening of its newest vessel, M/V Quincey Cenac, as

Concordia Maritime Posts Q2 Profit

Facing a “gradually deteriorating market,” Sweden based tanker shipping company Concordia Maritime said it was able to post a profit in Q2 2016 based on high vessel

Technology

Insights: Kunkel Weighs in on Propulsion Technology

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing fuel economy? Marine News readers have questions and Bob Kunkel has answers.

A Sea Change in Waterjet Technology

Longtime waterjet propulsion equipment provider NAMJet introduces key advancements for the workboat sector. Back in 2011, when boat builder Birdon went looking

ATB Design Comes of Age

The emerging trend of marrying the design of an articulated tug and barge (ATB) to a particular propulsion system to maximize efficiencies of that system has, of late,

Energy

China Refineries Enters Global Oil Trade

During the last year, China’s “teapot” refiners are helping to boost China’s crude import demand and their influence is expanding, says Clarkson Research Services.

First US LNG Shipment Goes to China

The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

People in the News

U.S. Awards $61.8 Mln for Port Projects

U.S. Transportation Secretary Anthony Fox today announced 40 awards totaling nearly $500 million in funding for the  FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

DP World takes over Rodney Container Terminal, Canada

DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

Crew Kidnapping Rising in Gulf of Guinea - Dryad

In contrast to the substantial numbers of reported incidents across Southeast Asia and the Indian Ocean in recent years, maritime crime now appears to have stabilised

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1017 sec (10 req/sec)