Bridging the Gap
Powerships play a crucial role in helping countries with intermittent energy supplies to bridge the gap between supply and demand, providing immediate energy security through a stable and reliable source of power which in turn supports the longer-term transition to low-carbon fuels or renewable technologies.
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, 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 power plants are an innovative solution, especially for countries that remain dependent on coal, the highest emission-sourced fossil fuel. Using natural gas as a fuel is about 50% less carbon-intensive than lignite coal, 20% cleaner than heavy fuel oil, and 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 and working together with OEMs to utilize sustainable fuels in Powerships.