Wärtsilä creates optimal paths towards 100% renewable energy systems. Our objective is for customers to recognise the company as the leading energy systems integrator, providing all the essential technologies, services, and solutions for sustainable and reliable power systems.
The energy market landscape is in transition and is moving towards more flexible energy systems with a rapidly increasing share of renewable energy, declining inflexible baseload generation, and wider applications of storage technology. The declining cost of renewables has begun to reduce new investments in coal and other inflexible baseload technologies, and this transition will eventually enable renewables to become the new baseload, which will require flexibility and storage to ensure reliable generation.
Our solutions are at the very core of the energy systems of the future. We understand the role that different technologies play in our customers’ power systems, and enhance the assets of the customer through software, Engineering, Procurement, Construction
EPC offerings, and global service capabilities. Wärtsilä’s engine power plants act as a stepping stone for the ongoing energy industry transition, and provide a unique combination of energy efficiency, and fuel and operational flexibility throughout all its phases. Our energy storage and integration solutions handle second and daily level variations in supply, which is the key for renewables penetration.
Wärtsilä provides asset and lifecycle management services that optimise the performance of our customers’ installations through upgrades, modernisations, fuel conversions, and safety solutions. Asset Management targets energy supply reliability and optimisation. With connectivity, we optimise asset performance throughout the lifecycle and provide strategic input to customers in order to enhance their business growth through smart technologies. Asset management will drive future growth in lifecycle solutions and enable new "as-a-service" business models. To secure future growth and profitability, the main focus will be on optimising the current business and building a solid foundation for developing future business models.