What is Gigajoule floating powerhouse as a business?
It’s very simple:
- one product-electricity is produced continuously;
- the performance of the technology is guaranteed by the manufacturer;
- electricity is sold in hard currency to one buyer (usually a sovereign state) for the duration of the contract;
- natural gas as a feedstock is transit, so any change in gas prices does not affect profitability;
- the sales tariff consists of two components: the first is the capacity fee, which is charged to the customer regardless of whether he uses electricity or not (this provides a constant flow of revenue to amortize investments and fixed costs), and the second is a variable fee that covers the cost of electricity actually used by the consumer.
Learn more about Gigajoule project on the website https://gigajoule.io/!