Gigajoule Floating Solutions creates fully operational, gas-based power plants, floating on barges.

Erick Atro Ibrahiim
3 min readOct 25, 2019

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The demand for electricity globally will reach around 38,700 terawatt-hours by the year 2050 from 25,000 terawatt-hours in 2017. This indicates that the world will require new investment in power generating capacity.

Countries in the continent of Africa that are still developing and those in the Middle East and Southeast Asia are experiencing increase in population, GDP growth and enhanced access to electricity which will lead to a doubling in the demand for electricity.

Study shows that gas to power should be considered as a supplement to Africa’s abundant hydropower resources and also as a replacement for more the already numerous carbon-intensive coal and liquid fuels. It’s imperative that the environment is put into consideration while trying to generate this essential energy.

Gigajoule Solution

Energy

Siemens is expected to provide two turbines, the Siemens SGT-A65 66MW turbo derivative, which drives the Brush generator in a simple cycle configuration per floating power plant. This will total a total of eight turbines on four badges. Siemens already has a reputation as a world-class power plant that has integrated Rolls Royce Energy compressors and aero-derivative gas turbines which make it the ultimate solution to meet the needs of this project.

Natural gas as a source of power.

Natural gas must be the cleanest carbon-based energy source. The fact that Gigajoule plans to use this as a source of electricity for their floating power plants shows that the team is considering preserving our environment, which is a victory for them.

The Gigajoule team has spent the past four years developing three sites for their projects that are ready for instant implementation using floating power generation technology based on special orders. The detailed economic model of the project, which is a guarantee that the project will be efficient, feasible and profitable too.

Gigajoule is ready to implement these three projects which will be located in Southern Nigeria in various locations. It is important to note that these locations will be strategically located close to gas supply and electricity evacuation infrastructure.

Why Nigeria? Well, Nigeria is known to have an abundant supply of natural gas which is not yet completely due to the lack of sophisticated technology in the country. Gigajoule, however, looks to exploit these natural resources in an environmentally friendly manner so as to provide electricity to countries and other people who need electricity in the process as well.

Gigajoule Token.

Gigajoule plans to hold an Initial Exchange Offer to fund project implementation. Original platform token (GIGJ) will be issued. GIGJ tokens will be arranged as security tokens, and token holders will benefit from the success of this project. Being a token holder means that you will be entitled to receive a dividend of 15% of the profits generated by the project each year, in proportion to the amount of their tokens.

ROADMAP

CONCLUSION

The aim of the project is to maximize electricity supply in all countries that lack sufficient supply. They have plans to deploy and operate their floating power plants for a period of twenty years. Gigajoule is the ultimate solution for providing short-term power generation solutions for the majority of developing countries that are in dire need of a constant supply of electricity.

TEAM

SITUS WEB: https://gigajoule.io/

IT WHITEPAPER: https://secureservercdn.net/160.153.137.210/d37.ba6.myftpupload.com/wp-content/uploads/2019/09/Gigajoule-Whitepaper-v9. pdf

FACEBOOK: https://www.facebook.com/gigajouletoken

TELEGRAM: https://t.me/Gigajoule_group

BTT PROFIL: https://bitcointalk.org/index.php?action=profile;u=2582794

ETH ADDRESS: 0x4F2e6F68975D5eCF3Cad70E776AE8eC324010025

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