Karpowership expands globally as SA plans stall

Turkish firm is ramping up global generation capacity by 50%, while 1,220MW planned for SA remains mired in legal battles

A crew member works in the control room onboard the Karmol LNGT Powership Asia floating storage and regasification unit, operated by Karpowership, docked at Cape Town port in this April 19 2022 file photo. Picture: BLOOMBERG/DWAYNE SENIOR

While Karpowership struggles in SA — the company won the bids in April last year — the projects elsewhere are expected to start up in well under a year. In Africa’s most-industrialised nation, it’s yet to get environmental approvals and hasn’t managed to sign agreements with the national power and port utilities. The award of the contracts has also attracted opposition from environmental activists who want the country to speed up its transition to renewable energy.

SA is desperately trying to boost capacity as Eskom struggles to meet demand with ageing and unreliable coal plants. The utility cut 4,000MW of electricity from the national grid for a second day on Wednesday, and may implement more than 100 days of power cuts this year. Facilities operated by Karpowership consist of a floating storage regasification unit, a vessel known as an FSRU that stores liquefied natural gas at -160ºC, and a powership several hundred metres away, which uses the gas to generate as much as 450MW of electricity.

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BDliveSA /  🏆 12. in ZA

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