A three way partnership that includes three vitality corporations is growing an 840-MW pure gas-fired energy plant on the Aegean port of Alexandroupolis, Greece. The plant can be linked to the liquefied pure gasoline (LNG) floating terminal on the port. It’s anticipated to produce electrical energy to Greece and likewise to markets in southeastern Europe.
Damco Vitality, a subsidiary of Copelouzos Group; Public Energy Corp., or PPC, the biggest electrical energy firm in Greece; and DEPA Business are collaborating on the gas-fired plant. The ability is anticipated to be accomplished by the top of 2025. The Alexandroupolis LNG terminal, with a regasification capability of 5.5 billion cubic meters (bcm) per 12 months, is anticipated to change into operational by the top of 2023. The terminal can be 20% owned by Bulgaria, which is anticipated to obtain the primary electrical energy produced by the plant, based on the undertaking designers.
“We’re right here to welcome a undertaking that’s altering the vitality panorama: Greece is now shielded … it acquires vitality sufficiency,” mentioned Copelouzos Group CEO Christos Copelouzos throughout a Jan. 14 ceremony saying the undertaking. “On the similar time, a brand new vitality pillar is being created for southeastern Europe, as our nation will be capable of export electrical energy to the neighboring Balkan states … to Bulgaria, North Macedonia and even Serbia.”
The port-based energy plant can be a combined-cycle facility, with each gasoline and steam generators, with the steam generators powered by exhaust warmth from the gasoline turbine. The plant’s electrical energy output is changing that of three lignite coal-fired energy vegetation which can be being decommissioned. The Copelouzos Group in a information launch mentioned the facility plant may have mixed-fuel functionality, and can be capable of run on hydrogen gasoline. The corporate mentioned the plant aligns with targets outlined within the European Inexperienced Deal, and can promote decarbonization in Greece’s energy sector and guarantee a dependable electrical energy provide.
Georgios Stassis, president and CEO of PPC, mentioned, “The brand new Alexandroupolis energy plant … is the results of the artistic collaboration between the PPC Group and two necessary companions, DEPA Business and the Copelouzos Group, with the goal to contribute to the consolidation of the nation’s function as a robust and, why not, an exporting productive participant within the wider area of southeastern Europe. As is well-known, clear vitality is on the coronary heart of our strategic planning.”
Ioannis Papadopoulos, chairman of DEPA Business, mentioned, “As we speak is a crucial milestone, each for DEPA Business and the foremost vitality teams we joined forces with for the implementation of the funding, in addition to for Alexandroupolis, Greece and southeastern Europe. With the Alexandroupolis Energy Plant, Greece acquires one other essential undertaking that can contribute to the continual provide of cheaper vitality. On the similar time, our nation additionally has a brand new gateway for the transition to inexperienced vitality, because the mixed cycle plant will steadiness the system, permitting larger penetration of [renewable energy] within the vitality combine.”
—Darrell Proctor is a senior affiliate editor for POWER (@POWERmagazine).
