Currently, it is estimated that up to 2 billion people in the world do not have access to electricity, and this figure is increasing every year. This problem is more serious in countries such as Nigeria, where there is less power needed. In many developing countries where power transmission systems exist, generating electricity from power generation systems is expensive and inefficient. In addition to negative environmental attitudes, governments must provide subsidies to gain access and support the negative effects on their public finances and budgets. This problem wants to be solved by the Gigajoule team.
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 due to 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 air and wastewater emissions. 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.
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.
Natural gas as a raw material:
Siemens SGT-A65 Gas turbine
IEO:
You can study the concept of the project in more detail and find answers to all your questions you can on official resources, which, as always, are waiting for you at the end of the article. Good luck
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: CryptoSam19 (https://bitcointalk.org/index.php?action=profile;u=2531795)
ETH: 0xaB45d7B3c5Baa3bb33DDe80230CaD983F669aAdF
