The National Energy Trader and Turkish Karpowership will develop a 500 MW power supply project for Ukraine using floating power plants

The National Energy Trader and Turkish Karpowership will develop a 500 MW power supply project for Ukraine using floating power plants

The Turkish company Karpowership signed a memorandum of understanding with the state trader JSC “Energy Company of Ukraine” (JSC “EKU”) to expand cooperation in the field of electricity supply and to start using floating power plants with a capacity of 500 MW as soon as possible to mitigate the consequences of the energy crisis. infrastructure.

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Karpowership and EKU will work together with national and international organizations to develop and finance the generation of 500 MW of electricity, enough to power more than 1 million households.

Among the options for installing and connecting floating power plants is mooring on the shelf of Moldova and Romania in the Black Sea with connection to the power grid of Ukraine.

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FINANCIAL ANALYSIS

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Karpowership and ECU will work with the Moldovan and Romanian authorities to assess the viability of these two options.

“Karpowership is happy to work with EKU to mitigate the energy crisis in Ukraine,” Zeynep Khareza, the company’s commercial director, said in a statement.

The two sides agreed to hold regular meetings to jointly develop and implement the project and work together to obtain the necessary permits and approvals for cooperation with third parties, including international organizations, the statement said.

“Ukraine’s energy system was subjected to 12 massive Russian attacks. The deficit of electricity due to damage to the generating infrastructure of Ukraine is increasing. While the war continues, building new power units to restore lost or damaged generating capacity is impossible, and we need to find innovative solutions to overcome the current crisis. The Karpowership technology allows for relatively quick deployment of new generating capacities with the aim of targeting the Ukrainian grid. We believe that this can lead to a paradigm shift in the resolution of the energy crisis in Ukraine during Russian attacks on the infrastructure,” noted General Director of JSC “EKU” Vitaly Butenko.

The Karpowership fleet includes 36 floating power plants with a total capacity of up to 6 GW. The company already operates across Africa, New Caledonia and Brazil and is negotiating with several European countries to supply up to 2 GW of electricity.

Floating power plants of the Turkish company Karpowership will be able to produce 300 MW of electricity for Ukraine – the agreement is at the stage of negotiations

Sources: Anadolu, JSC “EUKU”

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