June 24, 25 & 26 2025
Hall 8, RAI Amsterdam, Netherlands

Electric and Hybrid Marine Technology Presentation Stages

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Engineering accuracy into marine energy storage economics: beyond superficial cost

25 Jun 2025
Rhine Stage
25 June- Rhine Stage -12.30 - Echandia Marine
Relying on cost per kWh as the primary metric for evaluating maritime energy storage systems is misleading, incomplete and outdated. Although this metric may appear straightforward, it ignores critical factors that significantly affect the total cost of ownership, long-term performance, project sustainability and vessel lifespan. A proper evaluation must go beyond the initial cost per kWh and address the key drivers of battery system costs. namely cost per cycle, scope of supply, system impact on ancillary equipment, capex versus opex balance, and decommissioning, removal and recycling costs.
Speakers
Trevor Small, sales director, North America - Echandia Marine