Greek industrial company MYTILINEOS has secured GE services and technology for the Agios Nikolaos Power Plant in Greece, which will be one of the largest natural gas-fired combined cycle power station in Europe.
The announcement took place during a special ceremony at the MYTILINEOS Energy Center, in Aghios Nikolaos, where Prime Minister Kyriakos Mitsotakis laid the foundation stone of the new CCGT plant.
The projected investment cost of the CCGT is estimated at €300m ($330m) and includes a GE 9HA.02 steam turbine and generator, as well as a 15-year services agreement with GE.
Located in Voiotia region of central Greece, the Agios Nikolaos Power Plant will produce 826 MW and construction on the plant is planned to begin later this year.
With the addition of this plant, the total production capacity of MYTILINEOS will exceed 2000 MW, excluding renewable energy source capacity, contributing significantly to the country’s energy security and supplying electricity to neighbouring countries.
“We are very proud that the Agios Nikolaos Power Plant will be one of the most efficient power plants in Europe and the entire world using GE’s latest and most efficient gas turbine technology,” said Evangelos Mytilineos, president of MYTILINEOS.
“GE’s technology, combined with the engineering and construction expertise of our EPC business unit METKA, will bring this large investment to life and help contribute significantly to Greece’s energy security and stability.”
Agios Nikolaos Power Plant is planned to begin commercial operation in late 2021 when it is expected to produce a thermal efficiency in excess of 63 per cent – making it one of the most efficient power plants in Europe. The plant will also help substantially reduce emissions and is estimated to reduce emissions by up to 25 per cent compared to a similar lignite-fired facility.
“GE is honored to work with MYTILINEOS to bring the first HA gas turbine to Greece and to mark an incredible milestone of 100 HA gas turbine orders, all while helping modernize the Agios Nikolaos CCPP Power Plant with the HA’s record-setting performance and efficiency,” said Scott Strazik, president and chief executive of GE’s Gas Power business.
“By investing in state-of-the-art technology, the Agios Nikolaos plant will supply flexible and reliable electricity to Greece, helping the country to meet energy emissions and security goals.”
MYTILINEOS company METKA will be exhibiting at POWERGEN Europe in Paris next month. Gas turbine developments and technologies will be a key focus of the event’s Lifecycle Management Knowledge Hub. For details visit https://www.powergeneurope.com