• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 days GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days The United States produced more crude oil than any nation, at any time.
  • 8 days e-truck insanity
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 7 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 6 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 8 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 8 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 11 days Bankruptcy in the Industry
The AI Revolution Has a Problem: Energy

The AI Revolution Has a Problem: Energy

On the one hand, artificial…

M&A Fever Hits Canada's Oil and Gas Industry

M&A Fever Hits Canada's Oil and Gas Industry

The mergers and acquisitions wave…

Huge Power Ship Helps Lebanon Avoid Blackouts

As Lebanon’s economy has developed over the years its energy demand has generally increased by 6% - 8% a year, however over the past two years it has increased at a far greater rate due to a large influx of hundreds of thousands of Syrian refugees fleeing across the border to escape the conflict in their own country.

This has left the Lebanese national electrical grid unable to meet current demand, especially during the summer peak period.

This has led the Lebanese government to sign a three year, $370 million deal with the Turkish energy company Karadeniz Holding for the lease of its giant, hulking ‘power ship’. Moored just off the coast of Beirut, the Fatmagül Sultan dominates the harbour with its 11 towering chimney stacks making it look like a floating power station. Burning heavy fuel oil, the ship supplies 188MW of electricity a day directly to Lebanon’s national grid, enough to provide the whole country with an extra two hours of electricity each day, which goes a long way to avoiding the power cuts that have plagued the country recently. The total power generated will rise to 270MW a day in June when a second ship arrives.

Related article: Obama’s Budget Proposal Boosts Clean Energy at the Expense of Fossil Fuels

Kamal Hayek, the general manager of Électricité du Liban, said that “the arrival of the ships will ease the summer brunt when the power demand will reach 3,000MW.”

Gebran Bassil, Lebanon’s energy minister, revealed that “the power ships do not represent an ultimate solution to the electricity problem but a three-year temporary solution to allow the rehabilitation of existing, conventional power plants at Jiyeh and Zouk.”

The power ships, seven in total, are part of a project which Karadeniz launched in 2007 to help developing countries avoid electricity shortages whilst their demand rapidly expands. Due to the success of the scheme another five ships are in construction.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage



Leave a comment
  • David B. Benson on April 14 2013 said:
    How sensible. Too bad there are no suitable floating nuclear power plants to use instead of burning fuel oil.

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News