Technical FAQs 4

How can ports reduce energy costs?

ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity. The wholesale price of energy varies every half-hour, and on a time-of-day tariff this variation is passed onto users.

How much does container shipping cost?

China-Europe rates are around $3.70/kg, China-North America at $5.30/kg, and Southeast Asia-North America at $4.63/kg. Use the cost calculator and keep up to date with container shipping pricing trends to get a better idea of what your total landed costs will be. China – N. America weekly prices dropped 5% to $ 5.30/kg.

Why is energy storage a critical port function?

Ensuring availability of these electrical resources to meet loads which are intermittent and uncertain is becoming a critical port function. It requires investment in multi-vector energy supply chains, energy storage in ports and their associated energy management systems.

Why is energy storage important?

Energy storage is also needed to optimize utilization of in-port generation and avoid curtailment when generation exceeds the available demand. However, it is unclear how much PV solar generation and associated energy storage would achieve a minimum levelized cost of energy.

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