Agreement paves way for Enefit to begin construction on oil shale-fired power plant in Jordan
|The Jordanian national power company, NEPCO, signed a 30-year Power Purchase Agreement on October 1st that will allow for construction of a 554-megawatt oil shale-fired plant. Attarat Power Company (APCO), of which Enefit is a partner, will build and operate the plant, to be located in the central part of the country south of the capital, Amman.
Unlike other Middle East nations, Jordan lacks oil and gas reserves; it imports 96 percent of its energy at a cost of nearly one-fifth of its gross domestic product. Fortunately, Jordan does have easily accessible oil shale deposits that will be used first to generate electricity through direct combustion of the shale, similar to Enefit’s experience in power production in Estonia (and similar to coal-based power production). Following plans target expanding into production of liquid fuels – similar to the project we are developing here in Utah.
|Completion is targeted for the second half of 2018. The plant will be the largest oil shale-fired power station in the world after Enefit’s Narva Power Station in Estonia, consisting of two circulating-fluidized-bed (CFB) units. The project involves a wide range of international firms– Enefit’s partners in APCO are Near East Investments of Jordan and YTL International Berhad of Malaysia. The plant is being designed by Australia’s WorleyParsons and built by Guangdong Power Engineering Company of China using boiler technology from Foster Wheeler and Siemens turbines. Two Chinese banks are financing the $2.2 billion project.
In addition to providing a much-needed stable supply of power for Jordan, the project will create about 3,500 construction jobs and 1,000 operations jobs.