GEMPaCS wants to get rid of fossil fuels and make the maritime sector more sustainable

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Boats are an important form of transportation in Southeast Asia. Right now they all run on fossil fuels, but UK company GEMPaCS is going to change that. CEO Corrado Accardi tells us about it.

What is GEMPaCS?

“GEMPaCS stands for Green Electric Marine Propulsion & Crafts. We are using existing technology in a new way. In other words, we don’t make or develop anything ourselves. Before the corona crisis, we were developing our own battery system, but we soon realized that by the time we were ready to launch this system, it might already have been obsolete. The current outlook is that in five years, hydrogen can be used as a fuel.

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What does GEMPaCS do?

“Four prototypes of our boats are currently in the water in Indonesia. The next generation of boats will have, for example, canopies with solar panels. Since these boats mainly sail during the day, solar powered boats will still be able to return to port. Then there are also the engines that we manufacture. We can either transform existing motors into electric motors or install new ones. These motors run on batteries, just like electric vehicles. These batteries can be charged overnight and have enough power to propel a twelve-meter boat. Charging stations have not yet been built. This creates additional work opportunities and is part of our business model. We are committed to getting as much energy as possible from renewable sources, but in the beginning we depend on embodied energy. “

Why are you taking your products to Indonesia?

“We’re not the only company developing more durable engines for boats. Our Single point of sale is our business model itself. We are in control of the process from start to finish and therefore should not rely on others to do some of our work. We chose Indonesia because boats are an important means of transportation in Indonesia. Most boats are no longer than twelve meters there. If they had been longer, we would have had to use heavier, bigger and more expensive batteries. Once we have established a good foundation there, we can move on to other Asian countries like the Philippines, to name just one.

Why should boat owners choose your product?

“Because they are more economical. We work with international financial institutions that wish to issue loans that contribute to a better environment. Then the boat owners don’t have to pay a dime up front and they immediately get the engine or a new boat. Suppose they normally pay twenty dollars a day for gasoline, now they will only have to spend two dollars to recharge the batteries. With this difference, they can repay the loan and build a future. We are busy fundraising right now. Four months later, we will be able to deliver the first products.

Read the previous episodes of this series here.

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