Coal resources are abundant in emerging countries poising them for economic boom through affordable energy. However, coal fired power plants are large and essentially impossible to build in remote locations. SeaPower Micronized-Coal Technology® allows for floating coal power plants (FCPP) for easy delivery and ultimately accessible electricity worldwide.
The Global Challenge
One third of the worlds population faces unreliable or nearly impossible access to electricity. With worldwide energy consumption set to increase 35% by 2035 our exclusive technology is poised to answer the needs of billions.
SeaPower Inc. has identified coal as an abundant resource in many developing nations and holds exclusive rights to the only commercially proven coal micronization technology for delivery of floating coal power plants.
Unique Solution
Commercially proven coal micronization technology produces micron-sized coal particles so fine they burn similar to oil and gas in small compact bottom mounted boilers. Compact boilers, about 1/5th the size of standard plants, eliminate the substantial superstructure required for large conventional boilers and allow a coal plant to be vessel mounted and towed from shipyards for delivery to any island or ocean-oriented country.
And Highly Efficient
SeaPower technology delivers efficient power units: featuring shorter construction timeframe utilizing modular units, and highly reliable equipment optimizing operation and maintenance costs.
POWER PLANT OFFERINGS
Floating Coal Power Plant (FCPP) > Micronized Coal as primary fuel
Barge Mounted Coal Power (BMCP) > Micronized Coal as primary fuel
Barge Mounted Power Plant (BMPP) > LNG as primary fuel
OPERATING GUARANTEES
Power Purchase Agreement
Fuel Supply Agreement
Operator Agreement
Performance Guaranty
Structured Financing