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Turkish Karpowership in talks for power supply to Ukraine via Moldova and Romania

- Powerships could be deployed in different ports in Moldova and Romania to send electricity to Ukraine via transmission lines, senior company official says

home > Electricity, Türkiye, Europe 07.12.2022 12:41 Nuran Erkul

Turkish Karpowership in talks for power supply to Ukraine via Moldova and Romania

Karpowership, a Turkish company that builds, operates, and owns a fleet of powerships, is in talks to provide up to 400 megawatts of electricity to Ukraine via Moldova and Romania, according to Zeynep Harezi, the chief commercial officer of Karpowership.

The company currently has 6,000 megawatts of installed capacity thanks to its fleet of 36 powerships, with capacities ranging from 30 megawatts to about 500 megawatts.

The company's operations mostly focus on Africa, Asia and Latin America; however, the energy crisis in Europe and the war in Ukraine have now seen the company focus on destinations in Europe, with talks currently ongoing to provide power to Ukraine.

"We are now in talks with Ukraine, including the United Nations (UN) and some other aid institutions, to provide about 300 or 400 megawatts of electricity with powerships, while trying to find the best solution as to how and where to deploy the powerships," Harezi said in an exclusive interview.

Given the security concerns and the fact that assets directly destined for Ukraine are uninsurable, it was eventually agreed that it would be preferable to deploy the powerships in ports in Moldova and Romania, from which electricity would then be transferred via transmission lines to Ukraine.

Harezi said it is technically possible for three or four powerships deployed in various ports in Moldova and Romania to provide the capacity required for Ukraine at competitive prices.

"Our electricity prices are cheaper than electricity generation costs in Europe. We are trying to make it possible to provide electricity to Ukraine given the humanitarian aspect," she noted.

She disclosed that the UN has been informed of the plan for coordination purposes.

Russia's attacks on Ukraine, particularly in recent weeks, have primarily targeted energy infrastructure, rendering people without power.

Harezi said that once the technical aspects of the plan are concluded, a power capacity of 300 megawatts could cover the electricity needs of up to one million homes in Ukraine in a month.

"Ukraine needs every kilowatt-hour of electricity now. The only challenge of sending electricity to Ukraine through Moldova and Romania could be bureaucratic and political," she said.


- Italy, Germany, France and UK seek powerships for next winter

Harezi confirmed that negotiations are also taking place with Italy, Germany, France and the UK for the provision of 2,000 megawatts of power for next winter, which she said "is a more critical period for energy security."

"We expect the negotiations to conclude in June or July 2023," Harezi said.

Europe is expected to get through this winter without incident, thanks to a milder winter, full storage facilities, and lower demand. However, with less Russian gas available to fill storage facilities next winter, supply security will become a more pressing concern for the continent.

According to International Energy Agency Chief Fatih Birol, Europe could face a bigger energy crisis next winter as Russian gas supplies to Europe may completely end next year, while China's liquefied natural gas demand is expected to increase as the country recovers from the pandemic.

- 65% capacity increase planned for next 5 years

Karpowership currently operates in Africa and Asia and its operations are expanding in Latin America, Harezi said.

In Brazil, several powerships with a combined capacity of 560 megawatts have recently come online, and the company provides 600 megawatts to Cuba.

The company has also made inroads in the Dominican Republic for 200 megawatts, and plans are afoot to double this capacity.

In South Africa, Harezi noted that 1,200 megawatts of powerships are set to come online by the beginning of 2024.

She stated that the company’s operations are now expanding further afield, with talks underway with Singapore and even California, increasing the company's installed capacity from 6,000 to 10,000 megawatts in five years, corresponding to an increase of about 65% in installed capacity with more powerships.

By Nuran Erkul Kaya

Anadolu Agency

energy@aa.com.tr


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- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.45 billion Turkish liras
21.08.2025 Electricity

Türkiye's daily power consumption steady on August 20

- Electricity exports total 20,406 megawatt-hours, while imports amount to 3,523 megawatt-hours
21.08.2025 Electricity

Spot market electricity prices for Thursday, Aug. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.32 billion Turkish liras
20.08.2025 Electricity

Global EV charging ports forecast to surpass 206 million by 2040

- Infrastructure spending projected to reach $300 billion as networks expand
20.08.2025 Electricity

Türkiye's daily power consumption up 2% on August 19

- Electricity exports total 21,570 megawatt-hours, while imports amount to 3,493 megawatt-hours
20.08.2025 Electricity

Spot market electricity prices for Wednesday, Aug. 20

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.29 billion Turkish liras
19.08.2025 Electricity

Türkiye's daily power consumption up 14.3% on August 18

- Electricity exports total 21,002 megawatt-hours, while imports amount to 3,273 megawatt-hours
20.08.2025 Electricity

Spot market electricity prices for Tuesday, Aug. 19

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.30 billion Turkish liras
18.08.2025 Electricity

Iran to begin new round of talks with UN nuclear watchdog in upcoming days

- Foreign Ministry spokesman says Iran and IAEA examined current status of cooperation during visit of deputy director general to Tehran
19.08.2025 Nuclear

Türkiye's daily power consumption down 10% on August 17

- Electricity exports total 21,752 megawatt-hours, while imports amount to 4,167 megawatt-hours
18.08.2025 Electricity

Spot market electricity prices for Monday, Aug. 18

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.33 billion Turkish liras
17.08.2025 Electricity

Türkiye's daily power consumption down 7% on August 16

- Electricity exports totaled 21,565 megawatt-hours, while imports amounted to 4,901 megawatt-hours
18.08.2025 Electricity

Spot market electricity prices for Sunday, Aug. 17

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.7 billion Turkish liras
16.08.2025 Electricity

Türkiye's daily power consumption down 1.23% on August 15

- Electricity exports totaled 21,549 megawatt-hours, while imports amounted to 5,936 megawatt-hours
17.08.2025 Electricity

Spot market electricity prices for Saturday, Aug. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.8 billion Turkish liras
15.08.2025 Electricity

South Korea set to restart Shin-Hanul 2 nuclear reactor

- Reactor shut down following malfunctioning twice in March
18.08.2025 Nuclear

Türkiye's daily power consumption down 0.5% on August 14

- Electricity exports totaled 23,015 megawatt-hours, while imports amounted to 5,583 megawatt-hours
16.08.2025 Electricity

Spot market electricity prices for Friday, Aug. 15

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.27 billion Turkish liras
15.08.2025 Electricity

Türkiye's daily power consumption down 0.3% on August 13

- Electricity exports totaled 22,925 megawatt-hours, while imports amounted to 6,456 megawatt-hours
14.08.2025 Electricity , Finance

Spot market electricity prices for Thursday, Aug. 14

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.33 billion Turkish liras
13.08.2025 Electricity

Global electric vehicle sales rise 27%, led by China and Europe

- China maintains lead in global EV market, while North America posts modest growth
14.08.2025 Electricity

Türkiye's daily power consumption up 1.5% on August 12

Electricity exports totaled 21,020 megawatt-hours, while imports amounted to 5,712 megawatt-hours
13.08.2025 Electricity

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

- Hydroelectric plant generates around 1.82 billion KWh per year of electricity, meeting needs of 650,000 households
13.08.2025 Electricity , Hydro

Spot market electricity prices for Wednesday, Aug. 13

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.3 billion Turkish liras
12.08.2025 Electricity

Türkiye's daily power consumption up 12.7% on August 11

- Electricity exports totaled 19,140 megawatt-hours, while imports amounted to 5,853 megawatt-hours
12.08.2025 Electricity

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

- Consortium aims to develop large-scale projects to repurpose or store captured carbon dioxide to accelerate decarbonization in hard-to-abate industries
13.08.2025 Coal

Spot market electricity prices for Tuesday, Aug. 12

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.25 billion Turkish liras
11.08.2025 Electricity

Türkiye's daily power consumption down 8.2% on August 10

- Electricity exports totaled 22,851 megawatt-hours, while imports amounted to 5,338 megawatt-hours
11.08.2025 Electricity

Spot market electricity prices for Monday, Aug. 11

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.35 billion Turkish liras
10.08.2025 Electricity

Türkiye's daily power consumption down 5% on August 9

- Electricity exports totaled 22,294 megawatt-hours, while imports amounted to 5,653 megawatt-hours
11.08.2025 Electricity

Spot market electricity prices for Sunday, Aug. 10

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.47 billion Turkish liras
09.08.2025 Electricity

Spot market electricity prices for Saturday, Aug. 9

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.98 billion Turkish liras
08.08.2025 Electricity

Kazakhstan starts construction of first nuclear power plant

- Russia's Rosatom corporation will build Kazakhstan's 1st nuclear power plant
08.08.2025 Nuclear

Türkiye's daily power consumption down 0.6% on August 7

- Electricity exports totaled 21,185 megawatt-hours, while imports amounted to 5,648 megawatt-hours
08.08.2025 Electricity

US data centers' growing energy demand drives up electricity prices

- New investments in energy infrastructure to cool data centers running generative AI tools end up being passed on to end-consumers, resulting in price hikes
07.08.2025 Electricity

Spot market electricity prices for Friday, Aug. 8

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.16 billion Turkish liras
07.08.2025 Electricity

Türkiye's dailypower consumption up 2.2% on August 6

- Electricity exports totaled 21,553 megawatt-hours, while imports amounted to 5,216 megawatt-hours
09.08.2025 Electricity
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