Emerson Invests in Frugal Technologies and advanced marine fueling tech
In Missouri, Emerson has made a strategic investment in Frugal Technologies, a Danish-based company that offers fuel optimization technologies that reduce energy use and emissions in shipping fleets. The investment aligns with Emerson’s fuel management and propulsion control and optimization expertise in its marine systems and solutions business.
New global environmental regulations have sparked innovation to support shipping companies in their sustainability journey. The International Maritime Organization has stated its goals to reduce carbon intensity of international shipping by at least 40% by 2030 and 70% by 2050.
On average across vessel types, fuel consumption accounts for approximately 60% of operating costs. Frugal’s cloud-based propulsion optimization 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.