The 100% renewable energy transition is underway around the world and we believe the Americas can help lead the way with infrastructure, investments and innovation.
We help our customers unlock the value of the energy transition by optimizing their power systems and future-proofing their assets. We offer flexible power plants, robust energy management and storage systems, as well as lifecycle services that provide increased efficiency and guaranteed performance. We stay at the forefront of research and development to ensure our customers are always at the head of the industry evolution.
On this page, we offer our best equipment and services to help in the decarbonisation of the Americas.
Special guests Wärtsilä CEO Håkan Agnevall, and President, Wärtsilä Energy & EVP Wärtsilä Sushil Purohit.
With 3.3GW of Wärtsilä installed based in up to 98% of Caribbean Islands, we are no stranger to our market. Our customer base includes utilities, independent power producers focused on tourism market, and other industries. Our company’s global vision resonates in our Caribbean market as we all strive to walk the path towards 100% renewables in a reliable and cost efficient manner. Our solutions prove to be future-proof and flexible to balance the energy systems for our market, driven by an energy increasing demand to cope with the ever growing tourism industry and economic development of the Islands.
In the Caribbean, we see ourselves as more than business partners, as we have worked hand in hand with CARILEC (Caribbean Utilities Association) through many years of support to our Islands facing hurricanes on a yearly basis. Working with CARILEC brings us together as Islanders to find solutions to our unique situations, and to share best practices and business solutions.
On this series of interviews, we interconnect our high level messaging of renewables integration and future fuels, to our Caribbean market development. The dialogue is moderated by Edmund Phillips, Business Development Manager, and co-hosted by Rodney George, Senior Business Development Manager.
Meet Wärtsilä's new President & CEO Håkan Agnevall, his vision for Caribbean with President, Wärtsilä Energy & EVP Wärtsilä Sushil Purohit.
Drivers for high renewables penetration, emergence of future fuels.
Deep dive into Caribbean, role of flexible generation for balanced grid.
What does an optimal power system look like? The answer varies for each country, city and customer. Read the white papers on power system optimisation in America.
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The technology group Wärtsilä’s strategy for shaping the decarbonisation of the energy sector is strengthened with the introduction of the company’s Decarbonisation Services business model. The service utilises Wärtsilä’s sophisticated power system modelling and optimisation tools alongside in-house expertise to reduce power system emissions. It also ensures power availability with the lowest levelised cost of electricity. The ultimate aim is to help customers decarbonise their assets.
Initially, the service will focus on existing Wärtsilä customers in the mining and industrial sectors, as well as small-scale power utilities. It is carried out in long-term partnership with the customer and is outcome-based, with Wärtsilä’s success tied to the customer’s gains. Wärtsilä estimates, that its existing customers in the mining and industrial sectors have a carbon reduction potential of 460,000 tonnes per annum with initial optimisation projects.
Announcing the new service concept, Håkan Agnevall, Wärtsilä’s President & CEO said: “The need to address climate change is something we take very seriously, which is why we are utilising our unique capabilities to decarbonise power generation. We are combining our strengths in power systems modelling and energy system optimisation, with our flexible power generation technologies. In so doing, we can optimise overall energy costs and secure uptime and reliability of the power supply, while reducing emissions. Recognising that there is no single solution that suits all applications, we will work closely with each individual customer. Decarbonisation Services is one example of how we continue to move up the service ladder.”
Decarbonisation Services is designed to support customers in identifying and implementing the solutions needed to decarbonise their power systems, taking into consideration their long-term planning and CO2 emission reduction targets. Wärtsilä’s approach to meeting these challenges is holistic, both creating and executing the roadmap to reduce emissions. Power system modelling and dynamic simulations are used to identify the potential and create the decarbonisation roadmap. Implementation of this roadmap is carried out using the GEMS Digital Energy Platform to achieve continuous optimisation of the microgrid and all its assets. For example, fuel conversions, energy storage integration, and adding more renewables into the system can be part of the roadmap.
“We appreciate that customers around the world are working hard to decarbonise their operations. Decarbonisation Services can help speed this process, while ultimately delivering benefits in cost reductions, increased reliability, optimised efficiency, and realisation of their future vision, which is why we are ramping up our support with this new business model,” explained Sushil Purohit, President, Wärtsilä Energy and Executive Vice President at Wärtsilä.
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Image: Wärtsilä’s Decarbonisation Services is designed to support its customers in identifying and implementing the solutions needed to decarbonise their power systems. © Wärtsilä Corporation
Wärtsilä Energy in brief
Wärtsilä Energy leads the transition towards a 100% renewable energy future. We help our customers in decarbonisation by developing market-leading technologies. These cover future-fuel enabled balancing power plants, hybrid solutions, energy storage and optimisation technology, including the GEMS energy management platform. Wärtsilä Energy’s lifecycle services are designed to increase efficiency, promote reliability and guarantee operational performance. Our track record comprises 76 GW of power plant capacity and 110 energy storage systems delivered to 180 countries around the world.
Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,000 professionals in more than 200 locations in 68 countries shape the decarbonisation transformation of our industries across the globe. In 2021, Wärtsilä’s net sales totalled EUR 4.8 billion. Wärtsilä is listed on Nasdaq Helsinki.