Turkey's Power-Ship To Supply Electricity To Ghana

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Eye Opener 10 years ago

".. the African continent is chronically short of electricity and is heavily reliant on diesel imports for power generation.."

Yes - as USA and Europe is enjoying most of the oil from Africa! USA esp. is sucking more than ...
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".. the African continent is chronically short of electricity and is heavily reliant on diesel imports for power generation.."

Yes - as USA and Europe is enjoying most of the oil from Africa! USA esp. is sucking more than 90% of Nigerian oil, beside having an hold on oil from Ghana, Angola, Libya.. and so on!
Anokwale 10 years ago

I give up...all this time and the solution is to pay a Turkish company to bring some mobile vessels to supply electricity. This is why people laugh at Africa.

I give up...all this time and the solution is to pay a Turkish company to bring some mobile vessels to supply electricity. This is why people laugh at Africa.
mensa 10 years ago

mahama is trusting Ghana electric power to arduan of turkey ?that is the most stupid thing to do in the all world arduan cant be trusted by any world leader

mahama is trusting Ghana electric power to arduan of turkey ?that is the most stupid thing to do in the all world arduan cant be trusted by any world leader
Akasanoma 10 years ago

THE MOU OR AGREEMENT ON THIS DEAL MUST BE MADE PUBLIC. IT SEEMS SOMEONE IS NOT TELLING GHANAIANS THE TRUTH

THE MOU OR AGREEMENT ON THIS DEAL MUST BE MADE PUBLIC. IT SEEMS SOMEONE IS NOT TELLING GHANAIANS THE TRUTH
Donkey 10 years ago

The purpose of this article is to conceal the lies Ghanaians have been told and will continue to be told about the delivery date. No foreign company will trust Ghana to pay its bills while they are stalling the IMF.

The purpose of this article is to conceal the lies Ghanaians have been told and will continue to be told about the delivery date. No foreign company will trust Ghana to pay its bills while they are stalling the IMF.
Editor 10 years ago

If a ship costs $2m to build and we have loads of gas sitting unused at Atuabo, why is GNPC not building 10 ships? Shouldn't we task our electrical engineers at KNUST to design and build a gas plant? The winner takes home $1m ...
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If a ship costs $2m to build and we have loads of gas sitting unused at Atuabo, why is GNPC not building 10 ships? Shouldn't we task our electrical engineers at KNUST to design and build a gas plant? The winner takes home $1m!!!
masa 10 years ago

I dont think we can wait KNUST to build a ship to supply power.hope u re kidding

I dont think we can wait KNUST to build a ship to supply power.hope u re kidding
Editor 10 years ago

Masa,
Please read my comment carefully. My suggestions were short term and long term. Short term, GNPC can afford to purchase 10 ships (if cost per ship is $2m each). Long term, what is wrong in encouraging our engineers to ...
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Masa,
Please read my comment carefully. My suggestions were short term and long term. Short term, GNPC can afford to purchase 10 ships (if cost per ship is $2m each). Long term, what is wrong in encouraging our engineers to design and build strategic equipment? Why do we always have to import everything? Let's also think long term whilst trying to solve short term problems!!
GHANABA 10 years ago

Hyundai Heavy enters MOU on development of Mobile Powership
Dec 10, 2013 Editor Shipbuilding 0

Hyundai Heavy enters MOU on development of Mobile Powership
Polaris Shipping Co., Ltd., Korea Midland Power Co., Ltd., Hy ...
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Hyundai Heavy enters MOU on development of Mobile Powership
Dec 10, 2013 Editor Shipbuilding 0

Hyundai Heavy enters MOU on development of Mobile Powership
Polaris Shipping Co., Ltd., Korea Midland Power Co., Ltd., Hyundai Heavy Industries Co., Ltd., and Siemens Energy Solutions Ltd. signed a Memorandum of Understanding at COEX Intercontinental Hotel in Seoul on December 10, 2013 to develop Mobile Powership, an integration of shipbuilding and power generating technology in which a highly efficient power generating facility will be installed onto a FSRU (Floating Storage Regasification Unit) for the very first time in the world.

It is expected that Mobile Powership will commence its operation in December 2017 with total investment of US$940 million. When compared to building a power plant on land, the model will substantially reduce civil complaints as it will not require a large scale land. In addition, due to systemised and skillful shipbuilding process, overall construction period will be shortened. In terms of power transmission, Mobile Powership will utilise existing cables so that sections subject to new installation will be minimised, which leads to significant cost saving. Once the business model is successfully launched in Korea, it is anticipated to move overseas to selectively target combined cycle power producing market where high yields can be generated.

“Mobile Powership is the world’s first invention to integrate a combined cycle power generating facility and liquefied gas storage in which a gas turbine and a regasification unit are directly linked to achieve curtailment of fuel cost. Hence, we are of a view that it can be a smart solution to surging demand for electricity in and out of Korea and a successful business model for the Creative Economy.” commented a spokesperson from Korea Midland Power Co., Ltd.

“This Powership integrates the LNG FSRU, the model first designed and built by Hyundai, with the top-of-the-line combined cycle unit in the capacity of 880 MW, which will give birth to an innovative naval architecture through combination of shipbuilding and plant engineering. We plan to target overseas newbuilding market upon successful launch of the project.” said Hyundai Heavy Industries.

“Siemens is delighted to participate in the Powership project based on an innovative business model to share our technical expertise and competitiveness which we have built in the global power producing market. Furthermore, synergy between Siemens’ engineering know-how and Hyundai Heavy Industries’ world class shipbuilding technology will create a state-of-the-art offshore combined cycle power plant.” said Dr Rochus Bergmann, CEO of Siemens.

“Mobile Powership is a mobile power plant with a capacity to promptly manage natural disasters such as earthquake and flood. As the world’s no.1 VLOC (Very Large Ore Carrier) owner in shipping industry, we are willing to bring in our best effort based on experiences in new ship design and trust we have earned from highly valued clients” a spokesperson from Polaris Shipping said.

Four concerned parties including Korea Midland Power will launch a Task Force Team after signing the Memorandum of Understanding to closely examine technical issues which will be reflected in the engineering of Powership. It is said that once performance of the Powership is ascertained through pilot project in Korea, then it will be exported to Philippines, Indonesia, Brazil, and other countries where power shortage has become a critical issue. In addition, it is anticipated that the project will firmly position itself as a business model well-suited for South Korean policies under the “Creative Economy” by generating approximately US$2 billion per project.
GHANABA 10 years ago

Lebanonwire Prominent Lebanese Best in Lebanon Useful Data Historic Documents Selected Data
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The Daily Star, Mar ...
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Lebanonwire Prominent Lebanese Best in Lebanon Useful Data Historic Documents Selected Data
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The Daily Star, March 25, 2012

Lebanonwire

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Mikati proposes power plant construction
BEIRUT: Prime Minister Najib Mikati’s counterproposal to leasing out electricity-producing ships, due to be discussed in Cabinet next week, calls for the construction of power plants that are more cost-effective and would remain under state ownership.

“[We propose] that a tender take place in order to secure 500 MW to 1,000 MW through the construction of new, advanced power plants as well as the contingency plan to secure 700 MW,” according to the proposal, obtained by The Daily Star.

In the report the prime minister argues that the construction of power plants would be more cost-effective than leasing the electricity-generating ships.

The latter plan has the backing of Energy Minister Gebran Bassil, who has warned that any delays could cause the power rationing to increase to more than 12 hours per day.

“After consultations with international companies it was demonstrated that the cost of constructing a new power plant on the ground that can produce 500 MW (Single Cycle) would cost a maximum of $480 million and would take a maximum of one year to build from the time of the approval of the tender,” the proposal said, adding that “this power plant could be used for up to 25 years.”

Lebanon produces less than 1,400 MW of electricity, but the country’s power needs exceed 2,500 MW.

In the report, the cost of building a new power plant is contrasted with renting out ships from two foreign companies: the first a Turkish firm called KARADENIZ, the second a U.S. firm called WALLER MARINE.

The reports say it would cost $429 million dollars to lease the KARADENIZ vessel, which produces 180 MW, over a period of five years and it would cost $427 million for the same period of time to lease the WALLER MARINE vessel that produces 180 MW. The cost of the leasing does not include the price of the fuel, according to the report.

“KARADENIZ would secure a ship that produces 180 MW and would be connected to the Zouk power plant during a period of four months at a cost of $0.0653 per kwh to transfer the power. To this the consumption of an average of 214 g/kwh needs to be added with the agreement that the government consume a minimum of 8,100 electricity hours per year. Therefore, solely renting out the equipment, without including the cost of the heavy fuel oil, over a period of five years would cost $429 million.”

According to the report, WALLER MARINE “would secure a vessel that produces 180 MW for the Zouk power plant that would take six months [to connect] at a price of $0.065 to transfer the power. The price over five years from the leasing period would amount to $427 million without including the cost of the heavy fuel oil.”

The report fleshes out the reservations Mikati has expressed in the past on leasing out the vessels.

“Resolving the problem of power rationing over next summer will be impossible by using the ships given that the electricity from the vessels will not provide additional power but will instead be used to compensate for the lost power from plants under maintenance,” Mikati said in the report.

Bassil’s camp vehemently deny that the cost of leasing out electricity-generating vessels is too high.

Energy experts agree that Lebanon has missed many chances to improve electricity production, noting that electricity rationing could increase in the coming years as a result of population growth, higher GDP and more infrastructure.

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A Kojo T 10 years ago

President Mahama, power minister, finance minister, loud mouth Omane Boamah and other Govt officials should tell us the truth about; 1. Cost of badges. (both fixed and variable) ...
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President Mahama, power minister, finance minister, loud mouth Omane Boamah and other Govt officials should tell us the truth about; 1. Cost of badges. (both fixed and variable) 2. Delivery dates. Your lies have already caught up with you.
Lord Tennison 10 years ago

Why can't we purchase it instead of leasing?

Why can't we purchase it instead of leasing?
kwasi 10 years ago

MAHAMA IGNORATE MAN DONT YOU KNOW THAT TURKY CANT BE TRUSTED? THEY TROW THEM OUT OF EGEPT,UAE AND MANY OTHER COUNTRYS IN EUROPE DUE TO THEIR
DICTATOR"LEADER" ARDUAN REMARX AGAINST ETHNICS

MAHAMA IGNORATE MAN DONT YOU KNOW THAT TURKY CANT BE TRUSTED? THEY TROW THEM OUT OF EGEPT,UAE AND MANY OTHER COUNTRYS IN EUROPE DUE TO THEIR
DICTATOR"LEADER" ARDUAN REMARX AGAINST ETHNICS
obroni 10 years ago

If the price is only two million per Shep, then why don't we just buy them?

If the price is only two million per Shep, then why don't we just buy them?
JJ 10 years ago

Nonsense reporting...

Nonsense reporting...
reap 10 years ago

HOW OLD IS THIS SHIP? CONTRACT SHOULD BE CLEAR NO STANDBY TIME CHARGES AND THEY SHOULD SUPPLY THEIR OWN FUEL AT AGREED PRICE

HOW OLD IS THIS SHIP? CONTRACT SHOULD BE CLEAR NO STANDBY TIME CHARGES AND THEY SHOULD SUPPLY THEIR OWN FUEL AT AGREED PRICE

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Turkey's Power-Ship To Supply Electricity To Ghana

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