Powerfin

Gallery Powerfin 1
Gallery Powerfin 1
December 2020
Headquarters 75007 Paris, France
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Powerfin - A carbon-free power source for liquefied natural gas vaporization and storage

Liquefied Natural Gas (LNG) Import terminals are important power consumers and need vaporizers to regasify LNG. Powerfin is a LNG vaporisation system for import terminals, able to produce carbon-free electricity using the otherwise wasted cold energy contained in the LNG. It is based on an innovative thermodynamic cycle which achieves state-of-the-art cold recovery, and high reliability. The carbon-free electricity produced can be exported and/or used locally by the terminal itself. LNG regasification terminals become not only energy importers, but also local and green energy producers.

Key features

  • 40 kWh of Power generated by ton of vaporized LNG
  • Carbon free electricity from wasted cold
  • Power: 160tLNG/h*40kWh/tLNG = 6,4MW
  • Around 52 kg of CO2 saved per ton of vaporized LNG
  • Avoid any natural gas consumption for LNG regasification

Profitability

  • IRR is between 2-5% and the payback period is 10-13 years (highly related to the domestic electricity price)
  • Possibility to sell carbon credits related to power produced and carbon footprint decrease
  • Reduce by up to 70% the energy consumption of the terminal, therefore decreasing by the same amount the variable part of the electricity bill

Categories of Application

Company Profile

Maturity Stage

  • Medium and large scale commercialization
  • Small scale commercialization
  • Initial market commercialization
  • Prototype testing in the real world
  • Prototype testing 1:1 in the lab

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