Power Generation

Overview

FSRPs are integrated, scalable modular power solutions, which are located and moored near the coast in shallow waters. The Power Generated is transmitted onshore and connected into the grid for both commercial and domestic end users.

Floating Storage and Regasification Plant (FSRP) solutions allow diverse use of fuel (LNG, Bio-LNG, H2and other fuels), providing security of supply with options for continuous operations for island locations not connected to the mainland grid or coastal mainland grid requirements.

The benefits are mainly reflected in:

The improvement of environmental footprint
The promotion of RES introduction to the local and national electricity grid
The fast deployment of Power Generation Units in areas which are needed and
The cost-efficient energy generation and hence, the reduction of associated levies and subsidies
BLUE SEA POWER integrated floating energy solutions provide an environmental friendly, robust, modular and deployable solution using and blending LNG/Bio-LNG and H2 with high efficiency engines from 48 to 200MW configuration.

FSRPs use proven technical solutions that present commercially beneficial solutions.

Overview

The benefits are mainly reflected in:

The improvement of environmental footprint
The promotion of RES introduction to the local and national electricity grid
The fast deployment of Power Generation Units in areas which are needed and
The cost-efficient energy generation and hence, the reduction of associated levies and subsidies
BLUE SEA POWER integrated floating energy solutions provide an environmental friendly, robust, modular and deployable solution using and blending LNG/Bio-LNG and H2 with high efficiency engines from 48 to 200MW configuration.

FSRPs use proven technical solutions that present commercially beneficial solutions.

Benefits Of Coastal Floating Power Plants

Proven Technology Systems Used

Mature LNG/Bio-LBM supply or dual fuel security or H2 blending capability.
Proven technology systems and blocks/systems.
Modules fabricated, tested, commissioned and operated at the yard.

Eco-friendly

Utilizing clean natural gas and blending capabilities with alternate fuels (Bio-LBM and H2 blending capability) to reduce emissions to meet regulatory requirements, resulting in almost zero PM, SOx, CO2 and low Green House Gas emissions.
Minimized environment impact around the operational facility.
C-FSRP’s moored at the coast, result in making it more aesthetic to the local community as opposed to an onshore facility.

Flexible

C-FSRP facilities can be redeployed to another location
Higher asset security from natural disasters, geopolitical instability
Re-installed with Higher Residual value and more attractive to investors

Fast Track Delivery

Shorter Permitting Period
Operational time from 18-24 months for the gas engines or 24-30 months for the CCGT options
Low Execution Risk with Complete Facility Construction/Testing in an industrial shipyard quality-controlled environment and assurance supervision by tier-1 Classification Society
Overall higher quality and faster lead time vs. onshore power plants

Economical

Lower CAPEX & therefore a lower generation of kWh unit price in comparison with onshore HFO/diesel power plants when comparing costs utilizing high efficiency state of the art engines and GHG reduction technology modules.
Competitively sourced LNG/Bio-LBM price by direct import and using own integrated LNG/Bio-LBM C-type storage tanks, results in reduces costs and increased benefits for end users.
Constructed in state-of-the-art shipyards that ensure controlled fabrication conditions results in optimum quality and CAPEX utilization.
LNG/Bio-LBM storage and bunkering hubs enable opportunities to train local labour markets into highly skilled operatives.
LNG/Bio-LBM storage and bunkering services can also add significantly to the local and regional economies.