Clean coal power plant 1.2 GW
Hassyan Project Abstract
November 9, 2016: A consortium consisting of Saudi Arabia’s Acwa Power, Harbin Electric of China, the GE-acquired Alstom and US-based NRG Energy has started construction after reaching financial close on the 1.2-gigawatt first phase of the project under an Independent Power Producer (IPP) deal. It will ultimately generate 2.4GW of electricity by 2023. Dewa’s new plant will provide a 12.5 per cent boost to Dubai’s current grid capacity, according to Alstom, amid rising demand for power. Hassyan also supports the emirate’s efforts to diversify its energy mix by 2030 with 7 per cent of electricity to be produced from "clean coal". The first 600-megawatt unit is expected to be operational in March 2020 and the second 600MW unit exactly a year later – and will supply electricity at a price of 4.241 US cents per kilowatt hour (kWh) under a 25-year power purchase agreement. This compares to the price of natural gas that runs around 6 cents (prices vary based on commodity prices in the market), while Dubai’s planned 800MW solar plant will produce electricity at 2.99 cents per kWh.
Flenco’s presence in the Project
Flenco is pleased to have been selected as preferred partner by Ge Power Ag to supply its auxiliary systems for this project. For further inquiries about this collaboration, you can ask your usual contact person at our Sales Department or complete and send us our contact form.