Bridging the Gap
Powerships play a crucial role in bridging the gap between supply and demand in countries with limited energy resources. They support the transition to longer-term low-carbon fuels by providing a stable and reliable energy source.
For countries facing uncertainty over energy security, disruption to electricity supply hinders sustainable economic development. Reduced energy inflows and intermittent power supply also interrupt decarbonization efforts, as households and businesses turn to traditional and more polluting fuels in emergencies, just to keep the lights on.
As the world moves towards net zero, many countries' electricity grid is currently unable to sustain sufficient baseload power to support a rapid expansion of renewable energy capacity.
This is where Karpowership can help. Our fully integrated, multi-fuel-enabled Powerships provide an innovative solution, especially for countries heavily reliant on heavy fossil fuels like coal which has the highest carbon emissions. Using natural gas as a fuel is about 50% less carbon-intensive than lignite coal, 20% cleaner than heavy fuel oil, and roughly 15% less polluting than diesel. For nations that consume significant amounts of coal, switching to Karpowership’s LNG-to-power offering ensures they can rapidly reduce their carbon footprint.
As well as being a strong advocate and enabler for countries trying to shift to cleaner energy, Karpowership is also committed to minimizing the environmental impact of our business by expanding the company’s renewable energy portfolio.