Gigajoule Floating Solutions

Gigajoule Floating Solutions is an electricity generation company. It creates fully operational, gas-based power plants, floating on barges. It uses proven technologies together with Internet of Things (IoT) and blockchain technologies to ensure the highest standards of quality and efficiency. This takes a fraction of the time required for traditional land-based plants, yet rivals or surpasses them in efficiency, reliability and cost.

ELECTRICITY IS A CORNERSTONE TO ANY COUNTRY’S GROWTH AND POTENTIAL

An estimated 2 billion people worldwide do not have access to electrical power, and this figure is increasing. In countries like Nigeria, despite the abundance of natural gas as feedstock, less than half of the population has access to stable electricity supply.

Even where electrical transmission systems do exist, many developing countries rely on costly and inefficient substitute power generation systems. These have negative impact both on the environment and on sovereign finances and budgets as governments often need to apply subsidies to make them affordable.

Gigajoule Floating Solutions – who are we?

Gigajoule is an electricity energy solution that is premised on the Floating Power Plant. We are making electricity more accessible for those regions that are currently experiencing problems with access to electricity! By combining state-of-the-art technologies from other developed industries, we make possible the supply of electrical energy to millions of people who have no access to power now.

We use proven technologies together with Internet of Things (IoT) and blockchain technologies to ensure the highest standards of quality and efficiency. This takes a fraction of the time required for traditional land-based plants, yet rivals or surpasses them in efficiency, reliability and cost.

If you want to learn more about our technologies and our company, please, visit our site https://gigajoule.io/

#blockchain #cryptocurrency #IoT #electricity_generation #technology #gigajoule

THE GIGAJOULE SOLUTION

Floating Power Plants (FPPs)

Natural gas-based power generation

Gas turbines mounted on barges

Can be deployed wherever there is access to the sea

Positioned in lagoons, rivers or harbours

Coupled to natural gas supply and the national transmission system

Natural Gas as Feedstock

Cleanest of all carbon-based energy sources

Gas associated with oil production (as in Nigeria) or LNG (Liquid Natural Gas)

Siemens SGT-A65 Gas Turbines

State-of-the-art turbine technology

Aeroderivative engines

Modularized with generators and mounted in pairs on barges

AIRCRAFT-ENGINE POWER GENERATION

Gigajoule uses the Siemens Trent turbine as its primary power unit. At its core is the same Rolls-Royce engine that is found on the Boeing 777 and Airbus A380 aircraft, providing enhanced reliability for long-range flights and maximum passenger capacity. The Siemens Trent gas turbine is assembled in a modularised package with a Brush generator, to form the SGT-A65 generator set.

The use of Rolls-Royce engines for electrical power plants represents successful technology transfer and benefits from more than 30 years of development and billions of dollars of research.

The SGT-A65 also benefits from a long operating life of 50,000 hours (approx. 6 years). Turbines can then be switched out for a replacement in under 72 hours. The cost of this “as new” recurring operational capacity is incorporated in O&M costs.

The Siemens technology package includes comprehensive O&M and performance guarantees, resulting in maximum reliability and efficiency.

FLOATING POWER PLANT

An FPP has unique economic, social and environmental features that make it an optimal source of electric energy.

Floating power plants that use SGT-A65 engines have several important advantages:

Location flexibilityTwo SGT-A65s are mounted on a floating barge, thus creating a complete movable power plant

Significantly less footprint is required than for land-based power plants. This provides many options of where to site the FPP units, as close as possible to gas supply and the local electrical evacuation infrastructure.

Ownership of the FPP units is always retained. These assets can therefore be deployed to other sites if necessary

Speed of manufacture, installation and commissioningQuicker and easier than land-based counterparts

Gigajoule’s floating power plants will be assembled in the Appledore Shipyard UK with its covered dry dock allowing for manufacture throughout the year

Once the floating power plant arrives at the place of deployment by heavy lift vessel, connection to gas supply and the electrical grid is done in a relatively short time

Simultaneous establishment of the land-based infrastructure for the FPP unitsDry dock, gas pipelines, substations and transmission lines

Economies of scaleFPP units are deployed in groups of four per site though this can be increased or decreased as requirements dictate

In a typical deployment configuration, eight modularised SGT-A65 generator sets in operation means that maximum operating availability can be maintained at all times for the typical twenty-year operational term.

SIEMENS SGT-A65 SYSTEM

The Siemens Trent gas turbine is assembled in a modularised package with a Brush generator, to form the SGT-A65 generator set, complete with intake duct and exhaust stack. The system is fully automated. Each SGT-A65 has a generating capacity of 66 MW.

Siemens Operating, Maintenance and Performance warranties ensure a twenty-year average of operational ability of not less than 95%.

The SGT-A65 is an aeroderivative gas-powered turbine. Its start-up time is very fast, at less than 10 minutes, and it can tolerate frequent stops and starts. This stop-and-go capability is particularly effective in balancing out energy load fluctuations.

The SGT-A65 can provide base-load power both to electrical grids and to industrial applications.

APPLICATIONS

Gigajoule is ready to implement three projects of 528MW each at various sites in Southern Nigeria, in close proximity to gas supply and electricity evacuation infrastructure.

Significant work has been completed at each of these sites to secure power generation licenses, confirmation of gas supply and electricity evacuation transmission studies.

Additional work includes preliminary environmental approvals, floating plant and infrastructure design work, economic viability confirmation and the necessary precursor negotiations to secure the Power Purchase Agreement with the Federal Government.

Project funding is achieved by utilizing the following credit enhancements:

World Bank Partial Risk Guarantee

Siemens full Operating, Maintenance and Performance Warranty

Lloyds of London Insurance

This amounts to over 1500MW installed capacity at a project cost of US$1.4bn (net) which is externally financed.

Future

In Nigeria alone there is immediate demand for another 10 000MW

In the rest of Africa, immediate demand is 20 000MW

Globally, excluding Africa, demand is estimated at another 30 000MW

Potential

Desalination plants for fresh water supply

Mini-refineries to produce diesel and petroleum products from traditionally uneconomic oil fields

ADVANTAGES

MOBILITY

Easily transported by sea and river to locations in need of electrical power

SUSTAINABILITY

Powered by resource abundant natural gas or Liquid Natural Gas if needed

RELIABILITY

Aircraft engine technology, developed under highest standards for reliability and efficiency

ECO-FRIENDLY

Natural gas is the cleanest carbon based fuel.

LONGEVITY

20 year performance guarantee with over 95% availability provided by Siemens

EFFICIENCY

Can be supplied in both open or closed cycle to maximize operating efficiency

THE GIGAJOULE TOKEN

An initial exchange offering (IEO) will be conducted to finance the implementation of the Gigajoule project. A digital token named the Gigajoule (GIGJ) will be issued.

In contrast with most ICOs and IEOs, the GIGJ token will not be a simple utility token, exchangeable for goods or services to be produced in the future. Rather, the GIGJ token is structured as a security: token holders will benefit from the success of the project.

GIGJ token holders will be entitled to receive an annual dividend of 15% of the profits generated by the Gigajoule project, in proportion to their number of tokens.

TOKEN SPECIFICATIONS

Name: Gigajoule Token

Tech Standard: ERC-20

Symbol: GIGJ

Standard Price: USD 1.00

Total Supply: 65,625,000

IEO Sale: 52,500,000

Soft Cap: 10,000,000

Hard Cap: 50,000,000

What is an ieo? And why do we need it

An initial exchange offering (IEO) is a digital token based fundraising method, similar to an initial coin offering (ICO). The key difference between an IEO and an ICO, is that in an IEO a digital exchange manages the whole process from a technical point of view. The digital tokens are created in the exchange’s lEO launchpad and the token purchase is done through the exchange’s platform.

The IEO will take place in November 2019. It will be preceded by a private pre-sale.

Discounts will be applicable both during the pre-sale and the IEO public sale. The IEO is to be conducted by a corporation registered in Malta, the FFPCO corporation. Malta is considered one of the most secure and trusted jurisdictions for conducting ICOs and IEOs.

An initial exchange offering (IEO) will be conducted to finance the implementation of the Gigajoule project. A digital token named the Gigajoule (GIGJ) will be issued.

In contrast with most ICOs and IEOs, the GIGJ token will not be a simple utility token, exchangeable for goods or services to be produced in the future. Rather, the GIGJ token is structured as a security: token holders will benefit from the success of the project.

GIGJ token holders will be entitled to receive an annual dividend of 15% of the profits generated by the Gigajoule project, in proportion to their number of tokens.

The investment-grade guaranteed future value gross income of one project is US$ 7bn over 20 years uninflated. The profit before tax component of the investment grade guaranteed future value income is US$ 700m uninflated. As dividend participation for the Gigajoule Token holders is inherent in this proposal, this coupled with the anticipated business growth as described above, should encourage a culture of Token retention by the holders.

Interesting? Click on the link: https://gigajoule.io/

ROADMAP

IMPLEMENTATION

SEP 2019

NOVEMBER 2019

March 2020

SEP 2020

NOVEMBER 2020

MAR 2021

Establishment and arrangement of a holding company based in Malta

Pre-sale of Personal IEO

CONSTRUCTION

April 2021

July 2021

AUGUST 2022

NOVEMBER 2022

Carry out the procedures for disbursement of construction, administration and control.

OPERATION

JAN 2023

DEC 2024

Electric power supply begins and continues for the next 20 years, based on the Power Purchase Agreement with the Nigerian government.

Team

David Gardner: Founder & Senior Engineer

Chris Potter: Founder & Maritime Engineer

Warren Schwartz: Founder & Software Engineer

Russel Schwartz: Founder

Gigajoule Interviews

SCHWARTZ, WARREN

As a team member, сan you tell us about your role in the ICO project?

He has over 20 years’ experience in software engineering. Warren has been immersed in blockchain technologies for the past 6 years and has a deep level understanding of the Bitcoin and Ethereum protocols. He has consulted and delivered on a number of Initial Coin Offerings. While mainly being involved in the token raise, Warren will also assist as far as possible to automate and digitize all systems related to the projects.

What do you think about idea?

Gigajoule Floating Solutions is an electricity generation company. It creates fully operational, gas-based power plants, floating on barges. It uses proven technologies together with Internet of Things (IoT) and blockchain technologies to ensure the highest standards of quality and efficiency. This takes a fraction of the time required for traditional land-based plants, yet rivals or surpasses them in efficiency, reliability and cost.

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

Telegram: https://t.me/Gigajoule_group

Facebook: https://www.facebook.com/gigajouletoken

Twitter: https://twitter.com/GigajouleT

Thank you from me and good luck:

Author:

By : Bohitek97

My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2124289

Wallet Erc20 : 0x57467D4CB04dB2B235de1277aEf04Bb1335CA73b

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