Since it arrived in Ghana in 2015, Karpowership has played a pivotal role in transforming the country’s energy sector. By deploying one of its advanced floating power plants, known as a Powership, the company has helped stabilise Ghana’s electricity supply and delivered significant economic benefits, cementing its position as a key partner in the nation’s power sector.
In August 2019, Karpowership strategically relocated the 470 MW Karadeniz Powership Osman Khan from Tema to the Sekondi Naval Base in the Western Region. This move was aimed at harnessing Ghana’s indigenous natural gas resources by transitioning from Heavy Fuel Oil (HFO) to natural gas.
Crucially, the switch to natural gas is projected to save electricity users approximately $170.5 million annually, with total savings estimated at $1.2 billion over the remaining term of the contract, providing substantial financial relief for the country and its citizens.
Fast-Track Deployment and Operational Efficiency
Karpowership’s approach is distinguished by the rapid deployment of Powerships. Unlike traditional land-based power plants that require extensive site preparation and prolonged construction periods, these Powerships are delivered ready for power generation within a remarkably short time frame. This swift deployment is achieved without the need for major site preparation, thereby eliminating construction risks and ensuring that electricity is fed directly into the transmission network from the onboard high-voltage substation. This plug-and-play model has been instrumental in addressing urgent power shortages, providing immediate relief to the national grid.
High Efficiency and Fuel Flexibility
Engineered for high efficiency, Karpowership’s Powerships utilise advanced dual-fuel engines and gas turbine technology. This design allows for seamless operation on multiple fuel types, including natural gas (NG), liquefied natural gas (LNG), and low-sulfur heavy fuel oil (HFO). Such flexibility ensures that the Powerships can adapt to various fuel availabilities, delivering cost-effective electricity suitable for base load, mid-merit, and peak shaving applications. The result is significant savings per kilowatt-hour for consumers and industries alike.
Integrated Plug-and-Play Solutions
Each Powership offers a comprehensive, integrated power generation solution. Equipped with onboard high-voltage substations, fuel storage facilities, accommodation for operational staff, and workshops for maintenance, these Powerships operate as self-sufficient units. This design eliminates the need for additional land-based infrastructure, reducing the environmental footprint and expediting the delivery of power. The plug-and-play nature of the Powerships ensures direct connection to the existing grid, providing immediate and reliable electricity supply.[DO1]
Reliability and Contribution to Ghana’s Energy Needs
With an installed capacity of 470 MW, Karpowership supplies approximately 12% of Ghana’s total electricity demand, significantly bolstering the national grid and ensuring a stable energy supply for both residential and industrial consumers.
Commitment to Ghana’s Energy Future
Karpowership’s innovative solutions and unwavering commitment to operational excellence have been recognized through various accolades. In 2019, Karpowership was awarded “Most Strategic Deal of the Year” at the Ghana Energy Awards, recognizing the relocation of the Powership and the transition to natural gas as a game-changing move in the power sector. In 2020, the company received the “Excellence in Power Generation” award, affirming its outstanding performance and reliability in meeting Ghana’s power needs.
Their approach has been acknowledged for its strategic impact on the energy sector, reflecting a dedication to providing sustainable and dependable energy solutions tailored to Ghana’s needs. Karpowership remains steadfast in its mission to deliver cleaner, reliable, and affordable power to the national grid
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