ENTSO-E: €28bn investment needed for Europe’s grid
The European Network of Transmission System Operators for Electricity (ENTSO-E) says an investment of up to €28bn ($37.5bn) in Europe’s electricity grid system is needed over the next five years to ensure it can meet its ambitious energy goals.
ENTSO-E has published its Ten-Year Network Development Plan, designed to support European-level decision-making processes affecting the electricity grid.
The Brussels-based organization has put forward a total of around 500 investment projects, worth between €23-28bn over the first five years.
Although the development plan is non-binding, it is seen as the most comprehensive and up-to-date European-wide reference for the transmission grid, says ENTSO-E. The proposed investments will be essential for supporting key European energy goals such as security of supply, increased competition and increased levels of renewable generation.
ENTSO-E has proposed the construction of 35 000 km of new transmission lines, as well as the upgrade of 7000 km of existing ones. Some 44 per cent of the work will be completed in the first five years.
ENTSO-E anticipates its first Ten-Year plan to be used by EU Member States as an important policy input for their National Renewable Energy Action Plans.
EBRD funds Georgia-Turkey grid interconnection project
Georgia has received a €80m ($107m) loan from the European Bank of Reconstruction and Development for the construction of a high-voltage transmission line that will interconnect Georgia and Turkey.
The loan to the Georgian State Elektrosystem (GSE), the state transmission company, will finance the construction of the Black Sea high-voltage line, a 315 km link between Zestaponi in western Georgia and Gardabani in the east.
The project is co-financed with the European Investment Bank, the European Union Neighbouring Investment Facility and the German Kreditanstalt fur Wiederaufbau.
RWE, E.ON UK venture to build its first nuclear power plant in Wales
One of the UK’s first nuclear power plants in over two decades could be built on the island of Anglesey in Wales by 2020.
Horizon Nuclear Power, the joint venture between RWE npower and E.ON UK, will apply for planning consent in 2012 to build a 3000 MW plant.
The land at Wylfa was acquired by Horizon Nuclear Power from the Decommissioning Authority in April 2009. The current Wylfa reactor is due to close in December 2010.
GE invests heavily in Europe’s offshore wind power sector
GE is to invest €340m ($455m) to develop and expand its wind turbine manufacturing, engineering and service facilities in Europe.
At the heart of GE’s European expansion plans is the development of a 4 MW wind turbine designed specifically for offshore installations.
The key elements of GE’s European expansion plan include: strengthening its existing presence in Norway by creating a new Offshore Technology Development Center in Oslo and expanding its advanced demonstration unit production and service facilities in Verdal. Norway is also the planned site for the testing and demonstration of the 4 MW offshore wind turbines.
In Sweden, GE will expand its current offshore wind facilities by developing a Conceptual and Systems Design Center in Karlstad.
An engineering centre is to be created in Hamburg, Germany and GE also plans to expand its resources at its existing wind turbine manufacturing facility in Salzbergen and at its Global Research Center in Munich. GE will also establish offshore wind turbine manufacturing in the UK.
UK’s Carrington 1520 MW CCGT gets go-ahead
The UK has given the green light to the construction of a 1520 MW combined-cycle gas turbine (CCGT) power plant in Carrington, Greater Manchester.
The Carrington power plant, owned by Carlton Power subsidiary Wainstones Energy, will have a construction period of 30 months with full operation due in 2013.
The proposal is to develop the CCGT plant on the site of the coal fired Carrington Power Station that was demolished in 1991. The plant will be located alongside the 860 MW Carrington Energy Centre owned by Ireland’s ESB International, due online in 2013.
Siemens, Statkraft to build Italian solar PV plants
Germany’s Siemens Energy and Stakraft of Norway have signed a photovoltaic (PV) framework agreement to build PV plants in Italy with a total capacity of 40 MW.
Siemens will perform the engineering, project management, and turnkey construction of the photovoltaic plants. Construction of the first solar plant is expected to begin in spring 2010.
After grid connection, which is scheduled for later this year, the solar plants will supply power to around 14 000 Italian households.
Albania: Pöyry has been awarded a €3.4m ($4.5m) site supervision contract for the Ashta run-of-river power plants by Energji Ashta, a subsidiary of Verbund International.
Bulgaria: Atomstroyexport of Russia, which is building the 2000 MW Belene nuclear power plant, has signed its first contract with a Bulgarian company. Besttehnika will build two sluice gates for the facilities two units.
Croatia: Dalekovod has signed a project financing agreement with Societe Generale Bank for a €16.3m ($22m) wind farm project near Split.
Finland: Outokumpu Oy is participating in a 30 MW wind park project being built at its Torino Works site by Rajakiiri Oy, in which the stainless steel maker holds a stake. Outokumpu will receive 20 per cent of power produced.
Germany: EnBW is to build a solar park using 5.5 MW photovoltaic modules from Solarfun Power. The 10 MW Ulm-Eggingen solar facility is expected to be connected to the grid in June 2010, and will be one of the largest solar plants in Baden-Wuerttemberg.
Italy: SunPower and Sol.In.Build, a subsidiary of Veronagest, have signed an agreement to build seven solar PV power facilities, totalling 16.5 MW in Sicily. The plants are to be completed by September.
Poland: The Warsaw government has announced the country’s first nuclear power plant will be located in the northern town of Zarnowiec. Construction of the plant began in the late 1980s, but was abandoned in 1990 due to lack of funds and local protests. The nuclear facility is expected to be producing electricity by 2021.
UK: Siemens is to invest £80m ($122m) in a wind turbine production plant in an effort to increase its share of the global market, which currently stands at 6 per cent. Several potential sites have been identified and could create 700 new jobs.
UK: The Department of Energy and Climate Change has announced an initiative to provide a £80m ($122m) loan to Sheffield Forgemasters, which will see it build a new ultra-heavy forging facility to meet the demand of the next generation of nuclear power stations at home and abroad.