A fleet of powerships belonging to Istanbul's Karadeniz Holding will provide 40 percent of Iraq's second biggest city's electricity in Basra and 10 percent of Iraq’s total electricity supply, a company official said Monday.
The company renewed its electricity generation service contract with the Iraqi Ministry of Electricity on Monday.
Karadeniz Energy Group Trade Director Yasin Suudi stated, “Iraq is one of the most important and stable markets for powerships. Our agreement started off with 250 megawatts and has increased to 410 MW today.”
The project, which started in 2010 with two powerships, continued with three powerships in 2011 and four powerships in 2015.
“Our powership energy ship fleet fills a significant gap in the global energy market. Powerships are designed entirely by Turkish engineers and are produced in the Tuzla [Istanbul] shipyard. Our company is now a global brand covering the entire world. Our goal is to meet a larger share of the global energy demand,” Suudi said.
- Powerships offer fast energy solution
Karadeniz Holding developed the “Energy Ship Powership” project as an innovative approach to solving the energy needs of the Middle Eastern, Asian and African countries. The floating power plants provide safe and cost effective electricity to countries in need of urgent energy.
Fuel technology powerships can produce electricity with both liquid fuels and natural gas. They contribute to meeting the electricity needs of not just a city but in every corner of the countries they operate in by connecting to the national electricity grid via high voltage power lines.
With their latest technology and unique design, powerships are built with an environmentally-friendly infrastructure and increased sensitivity to energy efficiency.
The number of powerships built in Turkey is expected to increase rapidly in the near future. Under the scope of the Karadeniz Powership project, this increase will respond to the rising global energy demand, not only in developing countries in the Middle East and Africa, but also in developed and developing countries elsewhere from South Korea to Japan, Chile to the U.S. and from the U.K. to Malta.
By Gokhan Yildiz
Anadolu Agency
gokhan.yildiz@aa.com.tr