MYTILINEOS has undertaken the development of three open-cycle gas-turbine (OCGT) power plants in the United Kingdom, through the Sustainable Development Project Sector.
In particular, MYTILINEOS has signed contracts with three subsidiaries of Drax Group plc, the largest renewable electricity company in the United Kingdom, namely Hirwaun Power Limited, Progress Power Limited and Millbrook Power Limited to manufacture 3 OCGTs with power of about 299 MW each.
The contracts
The contracts include the design, supply and construction (EPC) of all 3 stations, which will be identical. The equipment of each gas turbine will be Siemens Energy SGT5-4000F. Each generating unit will operate locally (with remote operation) as a cutting-edge unit and will operate up to 1,500 hours per year to support the grid during periods of high electricity demand and during any stressful events.
All 3 OCGTs are expected to be commercially operational by 2024.
The Drax Group
The Drax Group deals with the production of energy from renewable sources, the production of sustainable biomass and the sale of electricity from renewable sources to companies. The group manages a portfolio of sustainable biomass production, hydroelectric and pumped hydroelectric storage facilities at several locations in England and Scotland. The company also operates a global bioenergy supply company with production facilities at 17 plants and facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.
This is the second energy project for the MYTILINEOS Sustainable Development Project in the UK, as the company has already undertaken the design, procurement and construction (EPC) of a Protos Energy Recovery Facility in Cheshire, England. will process 400,000 tons of non-recyclable waste annually, delivering 45 MW to the grid. The projects will strengthen MYTILINEOS ‘position in the United Kingdom, but also in the European energy market.
Latest News
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union