Wison launches Floating LNG Power Plant Solutions

Shanghai, China, January 4th, 2017– Wison Offshore & Marine (“Wison”) today announced that the company has developed a range of practical solutions for floating power supply. With design philosophy of “plug-in power”, all products which are named W-FSRP series (Wison-Floating Storage Regasification and Power generation) feature integrated functions of LNG loading and storage facilities, regasification and power generation. The smallest unit starts at 10MW capacity, while the largest accommodates an 800MW power plant.

As global awareness on environmental change increases, countries are looking for ways to improve their energy mix and reduce environmental footprint. Characteristic of clean resource with less carbon emission, LNG has been selected as the fuel source in Wison’s designs. Alternative fuel options are also available as required.

Wison FSRP designs integrate storage, regasification and power generation in a single unit. The heart of the facility is the power plant. Wison works with leading power plant providers to supply the power generation and transmission packages. In consideration of operational efficiency, maintenance and plant availability, different configurations are available to suit specific power demand profiles.

Compared with land-based solutions, the floating power supply is advantageous in fast-track implementation and attractive pricing with flexibility, as the construction work completed in fabrication yards normally results in efficiency and cost reduction.  It is also an investment-friendly solution because it minimizes the land acquisition process and requires less civil works. Therefore, the floating LNG power generation solutions are now being considered in many places around the world. “We can see increasing demand from the regions in South East Asia, West Africa, Caribbean areas, West Coast of India etc., where electricity demand is growing and onshore solutions may not be commercially feasible or preferable. “ said Mr. Ying CUI, CEO of Wison Offshore & Marine.

As the turnkey service provider for the world’s first FLNG and first China-made FSRU, Wison built on its rich experience in floating liquefaction and regasification to develop the Floating Storage Regasification and Power generation (W-FSRP series). "With the launch of W-FSRP series, we can offer clients in LNG and power industry more integrated, fast-track and economic options. By expanding the product portfolio and client scope, we further strengthen our position as a leading mid-stream floating LNG solution provider." added Mr. CUI.