German utility Mainova to build 445 MW CCGT in Bremen

German local utility Mainova is investing in the construction of a 445 MW combined-cycle gas turbine (CCGT) in Bremen, north-west Germany.
ICIS Heren reported Mainova, which holds a 25.1 per cent  stake in the project, as saying the plant will cost around EUR450m ($633m) and will start operations in 2013.
"Participation in the new CCGT plant is part of our production strategy. By 2015 Mainova plans to invest EUR500m in highly efficient power and heat generation," Mainova technical director Joachim Zientek said in a statement.
The power plant will have an efficiency of more than 58 per cent and be extremely flexible, the company said.
The owners of the remaining 74.9 per cent are as follows: DB energy, the power company supplying German rail company Deutsche Bahn, has an interest of 2%. This will entitle it to a 165 MW of generation capacity, which will be used to power German trains.
TOBI, a consortium of municipal utilities from Lower Saxony and North Rhine-Westphalia, owns 15.5 per cent, while the remaining 57.4 per cent is owned by local utility swb Bremen, which also has the option to sell 8.4 per cent to new partners.
For more gas power news, click here

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...