Mission signs PPA for Italian project
Mission Energy Co. has signed a power purchase agreement (PPA) for the ISAB 507-MW independent power project, to be sited near Siracusa in Sicily, Italy. Under the agreement, Enel SpA, the Italian state-owned utility, will purchase power from the project for 20 years. The project will use gasification technology to convert heavy oil residues from the ISAB refinery in Priolo Gargallo into clean-burning “syngas,” which will be used to generate electricity in a combustion turbine. Mission said Italy is seeing a trend toward gasification of liquid wastes for turbine power production.
Mission recently broke ground on another project, a (US)$190 million cogeneration plant in Istanbul, Turkey. The 180-MW Esenyurt cogeneration plant will produce electricity for the Turkish Electricity Corp., while providing district heating for 14,000 new homes under development.