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 substitution systems.
They negatively impact both the environment and sovereign finances and budgets, as governments often have to apply subsidies to make them available.
Gigajoule's main market is Nigeria. As mentioned earlier, Africa is a market with the potential for a diverse mix of green energy. The company combines gas-based production. Nigeria was chosen as the main market because of its growing population, and also because of the abundance of natural gas, which, however, is burned in vain and not used enough. At the same time, the country promises to become Africa's largest economy, generating large amounts of energy to meet demand in the coming decades. A project like Gigajoule will help Nigeria overcome the unemployment crisis that spreads through education and employment programs for those in need.
Gigajoule is a project that uses the most advanced technology in the form of power plants in floating power plants. Each floating power plant is mounted on a barge and consists of two turbines with a gas engine SGT-A65. The capacity of the floating power plant is 132 MW. The technology underlying Gigajoule floating power plants is provided by Siemens and each project consists of 4 barges with a total capacity of 528 MW.
Electricity, for the most part, is a worldwide utility that is easily accessible to consumers. But when it comes to the energy industry as a whole, conditions turn into strict regulation, a monopoly, or even complete chaos. Electricity production itself is only half the battle — using existing networks, matching supply and demand and reducing greenhouse gas emissions from their production is a difficult task.
Principle of operation
The project uses blockchain for the electricity market. Since the blockchain has a mechanism to avoid double metering 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:
Tokensale:
You can still tell a lot about the project. To get acquainted in detail with all the nuances of the company, website, team, Whitepaper, roadmap, I will leave the necessary links below in the description. In conclusion, I want to say that this is a modern, innovative project that can make a breakthrough in the cryptocurrency field and bring profit to its investor in the near future.
Additional Information:
Website: https://gigajoule.io
Whitepaper: https://secureservercdn.net/160.153.137.210/d37.ba6.myftpupload.com/wp-content/uploads/2019/09/Gigajoule-Whitepaper-v9.pdf
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
My BTT profile: BTCHolder1 (https://bitcointalk.org/index.php?action=profile;u=2532700)
ETH: 0x18572db904FD206d8Ac9AE776186a97c3A71B739
