Mytilineos signs 118 mln euro deal to build 110MW CHP plant in Slovenia

05/04/2019 09:05 Electricity Market

news

Greek industrial group Mytilineos said on Thursday it has signed a 118 million euro ($132.6 million) deal  with Slovenian state-owned energy company Energetika Ljubljana for the construction of a 110MW dual-fuel combined heat and power (CHP) plant.

The contract involves the engineering, procurement and construction of a new CHP plant in Ljubljana, substituting to a large extent coal with natural gas, thus reducing coal consumption by 70%, Mytilineos said in a statement.

 

The new dual fuel (natural gas or extra light fuel oil) plant is expected to make a vital contribution to meeting the electricity and heating needs of the citizens of Slovenia's capital.

 

"The project will be completed within 30 months post the project’s commencement date, which, subject to normal permitting procedures, will be within the 1st half of this year,” Mytilineos said.

 

Energetika Ljubljana is active in the production, transmission and distribution of electricity and heating energy and operates Slovenia’s largest district heating system.

Source: seenews.com

Daily (09.08.2019): Oil prices rebounded by nearly 3% on Thursday, due to a firmer yuan and hopes for additional OPEC output cuts

09/08/2019 11:15:00

Oil prices strengthened on Thursday, rebounding from an earlier low, after Saudi Arabia showed readiness to discuss with other producers about the recent slump in crude prices. The prospect of additional output cuts from OPEC, coupled with a steadying yuan, supported prices. As a result, Brent crude rose by 2.1% to $57.38 a barrel. At the same time, WTI futures spiked by 2.8% to $52.54 a barrel, boosted by a fall in inventories at Cushing, Oklahoma, in the week to August 6.

<READ MORE

Belarus and Russia authorize 3.7% increase in oil transportation tariff as from 1 September

09/08/2019 08:53:00

Belarus and Russia have come to an agreement on raising the tariff on transporting oil across the Belarusian territory by 3.7% as from 1 September, the press service of the Belarusian state petrochemical concern Belneftekhim told BelTa after negotiations on 6 August.

READ MORE

Iberdrola secures its first 149 MW of solar in Portugal

09/08/2019 08:50:00

Spanish power utility Iberdrola SA confirmed Thursday it had been awarded 149 MW of solar photovoltaic (PV) capacity in Portugal’s recently completed solar auction.

READ MORE