Emerson invests in Frugal Technologies

Emerson, a global automation technology and software company, has made a strategic investment in Frugal Technologies, a Danish-based company that offers fuel optimisation technologies that reduce energy use and emissions in shipping fleets. The investment aligns with Emerson’s fuel management and propulsion control and optimisation expertise in its marine systems and solutions business.

On average across vessel types, fuel consumption accounts for approximately 60% of operating costs. Frugal’s cloud-based propulsion optimisation software uses AI technology to collect data related to dynamic conditions such as weather, cargo load and propulsion and develop optimal engine models for ships. Frugal estimates its propulsion solutions generate savings of up to 15% in fuel consumption, contributing to a lower carbon footprint.

“Our propulsion solution supports two critical pain points in the market: optimising energy use to reduce fuel costs and helping ship owners comply with more stringent emissions targets,” said Peter Hauschildt, co-founder and chief executive officer of Frugal Technologies. “Our fuel optimisation technology complements Emerson’s marine expertise and automation portfolio, and together we are well positioned to help fleet performance leaders better manage their fuel costs and meet their sustainability targets.”

New global environmental regulations have sparked innovation to support shipping companies in their sustainability journey. The International Maritime Organisation has stated its goals to reduce carbon intensity of international shipping by at least 40% by 2030 and 70% by 2050.

“Frugal Technologies’ mission aligns very well with our commitment to drive innovation that supports our customers in their sustainability journey,” said Jon Stokes, group president of Emerson. “Our shipping customers demand the best fuel consumption measurements and data available to make better, more informed decisions, and Frugal, combined with our technologies, provides an unparallelled value proposition for fuel optimisation.”

Related Posts
Others have also viewed

Meet the trailblazing women collaborating to save the ocean and increase gender diversity in STEM

In Mauritius, Scotland, Manchester, London, and Australia a group of award-winning women scientists and experts ...

STUDY: UK transport and logistics industry faces sustainability gap admist AI adoption

HERE Technologies, the leading location data and technology platform, today unveiled insights from its latest ...

Einride, Mars partner for Europe’s biggest road freight electrification in FMCG industry

Einride, a freight mobility company that provides digital, electric and autonomous technology, has partnered with ...

BCG and Climeworks sign historic 15-Year carbon removal agreement

Climeworks, a global leader in carbon removal via direct air capture technology, and Boston Consulting ...