NKT has certified its cable-laying Vessel NKT Victoria to use biofuels such as hydrotreated vegetable oil (HVO) significantly reducing the carbon footprint from her operations.
As one of the first companies in the power cable industry, NKT has certified its cable-laying vessel NKT Victoria to be able to operate on HVO. The certification allows NKT to reduce the carbon footprint from the vessels fuel consumption with more than 98%* as a significant contribution to the company’s decarbonization journey.
“With the biofuel certification of NKT Victoria, we once again show our sustainability commitment as a leading company in the industry. This will lead to significant reductions in the carbon emission from our offshore operations and is a key element in our reaching science-based decarbonization targets. Operating on biofuel also allows us to continue to meet our customer’s increasing expectations for low-carbon operations.” says Claes Westerlind, President and CEO of NKT.
In September 2023, the Science Based Target initiative (SBTi) validated NKT’s short-term decarbonization targets. The HVO certification of NKT Victoria is an important step towards achieving the SBTi-approved target of reducing scope 1 and 2 by 90% in 2030 compared to 2019. Biofuel is a diesel-like fuel that is made from renewable waste without the use of fossil resources.
NKT Victoria was inaugurated in 2017 and is one of the world’s most advanced and fuel-efficient, cable-laying vessels. She is capable of simultaneous dual HVDC and fibre-optic cable-laying, HVAC and deep-sea installation with a high-capacity tensioning system. With the move to biofuel, NKT Victoria strengthens her position as one of the most energy-efficient cable-laying vessels in the industry.
The biofuel certification of NKT Victoria was conducted by DNV.
NKT connects the world to greener energy with high-quality power cable technology, taking center stage in the global shift toward sustainable power. NKT designs, manufactures, and installs low, medium, and high-voltage power cable solutions that facilitate the transmission of renewable energy. Since 1891, NKT has pioneered power cable technology, laying the foundation for everything from the first light bulbs to today’s megawatts generated by renewable sources. Headquartered in Denmark, NKT employs 4,500 dedicated professionals. The company is publicly listed on Nasdaq Copenhagen and reported a revenue of EUR 2.1 billion in 2022.
Source NKT A/S