An estimated 2 billion people worldwide do not have access to electricity, and this figure is increasing. In countries like Nigeria, despite the abundance of natural gas as raw materials, less than half the population has access to a stable electricity supply. Even where power transmission systems exist, many developing countries rely on costly and inefficient electricity replacement systems.
They have a negative impact on both the environment and sovereign finances and budgets, because governments often have to apply subsidies to make them available.
The Gigajoule team spent years preparing to introduce the first three floating power plants in Nigeria. Nigeria's choice as the top priority for the Gigajoule hydroelectric power station solution was determined by the abundance of natural gas, the existing national transmission system and World Bank support to confirm the government’s commitment to pay for the purchase of electricity generated through the power plant. Purchase agreement. The first 3 projects will be completed in 3 different locations: Cross River State, Anambra State and Delta State. More projects are planned for Nigeria and other countries in Africa, the Middle East, Southeast Asia and Central America, as demand will remain unsatisfied for decades.
Gigajoule uses the Internet of Things (IoT) technology and blockchain technology, which has proven high standards of quality and efficiency. For four years they developed three project sites that could be immediately implemented using energy generation technology based on special orders. Each project is designed for installation with a capacity of 528 MW. This technology is best thanks to the 66 MW Siemens GT A65 (Rolls Royce Trent) gas turbine, which is an aviation engine with class-leading efficiency.
They have a detailed economic model that emphasizes efficiency. feasibility and benefits of the project. Conduct an initial environmental impact assessment, including ministerial approval, to show that the technology used does not pose a risk in the event of hazardous emissions of air and wastewater. To satisfy the regulatory authority of the electric power industry that the efficiency of the technology is such that operating and depreciation costs are added to the target profit level of FPPCO and its licensors, including in the structure of the tariff structure to be approved by the government.
How Gigajoule Works
The project uses blockchain for the electricity market. Since the blockchain has a mechanism to avoid double counting of energy, and can trigger automatic events to maintain the speed of the energy network, projects began to look for solutions.
Floating power plants using SGT-A65 engines have several important advantages:
- Location flexibilityTwo SGT-A65s are mounted on a floating barge, thus creating a complete mobile propulsion system.
- A much smaller footprint is required than for land-based power plants. This provides many options for locating FPPs as close as possible to gas supply and local infrastructure for evacuating electricity.
- Ownership of FPPs is always maintained. These assets can be deployed on other sites, if necessary.
- The speed of manufacture, installation and commissioning is faster and easier than that of ground-based counterparts.
- Gigajoule floating power plants will be assembled at Appledore Shipyard UK with an indoor dry dock allowing production throughout the year.
- After the floating power station arrives at the deployment site on a heavy ship, it will be connected to the gas supply and mains in a relatively short time.
- Simultaneous creation of ground infra structures for FPS units, dock, gas pipelines, substations and power lines.
- The savings from scaleFPP modules are deployed in groups of four per site, although this can be increased or decreased depending on requirements
- In a typical deployment configuration, eight SGT-A65 Modular Generator Sets in operation mean that maximum availability can always be maintained for a typical twenty-year life.
IEO:
GIGJ = 1$
Soft Cap: 10 000 000$
Hard Cap: 50 000 000$
Pre-sale IEO: 01.10 - 20.10
Project Team
- David Gardner - founder and senior engineer
- Chris Potter - founder and marine engineer
- Warren Schwartz - founder and engineer- programmer
- Russel Schwartz - founder
You can study this project using the technical documentation proposed in the resources listed below. Which links, I have specially prepared for you.
Additional Information:
Website: https://gigajoule.io
Bitcointalk: https://bitcointalk.org/index.php?topic=5182913.0
Telegram: https://t.me/Gigajoule_group
Twitter: https://twitter.com/GigajouleT
Facebook: https://www.facebook.com/gigajouletoken
cryptonastya44 (https://bitcointalk.org/index.php?action=profile;u=2529557)
ETH: 0x8fe5DB8b615c37C92A20d79aB67AeC32e283dC0F
I really liked the video series about the project team.
Here comes noteworthy ICO which is definitely deserves to be invested in. Take your time to check this!
Blockchain is still young much need to be done and much can be done. Just like email, website and smartphone. Its take time for people to fully accept them.
Very interesting and promising project on the blockchain! It's great that blockchain technologies are being used in new areas!