Kongsberg Maritime carried out an extensive study, looking at a variety of European ferry routes, from the Mediterranean to the Gulf of Finland. Oskar says: “We analysed total costs for diesel versus battery-electric RoPax vessels over the period between 2030 and 2040.
“The results were clear: electric RoPax ships can deliver 8 to 15 per cent lower lifetime costs despite higher upfront investment,” Oskar notes.
“Additionally, operational expenditure [OpEx] savings range from 20 to 27 per cent, thanks to lower energy costs and zero ETS exposure. We looked at a lot of routes, but some of the most potential routes are across the Gulf of Finland and the English Channel.”
These busy routes are favourable because of the short distances and frequent sailings making them ideal for electrification.
Just two years ago, diesel RoPax vessels were clearly cheaper than their electric counterparts. That’s no longer true. Battery prices have fallen sharply, and ETS costs for fossil-fuel ships are significant, adding millions of euros annually to the costs of operating on busy routes such as Tallinn to Helsinki or Dover to Calais.
“FuelEU adds further penalties for conventional fuels, while electric vessels with zero emissions can earn extra revenue by pooling with other vessels,” says Oskar. “Battery-electric RoPax vessels can cut operating costs and generate extra income and thereby reduce total annual costs by millions of Euros.”