Repower chooses GE/Iberdrola as preferred bidder for the construction of Leverkusen CCGT power plant

Poschiavo/Dortmund, (PresseBox) - The planning process for the combined heat and power plant project at the CHEMPARK Leverkusen is proceeding according to schedule. Repower has just chosen the General Electric (GE)/Iberdrola Engineering consortium as the preferred bidder to supply and build the installation, and GE to maintain the gas and steam turbines. Repower and the GE/Iberdrola Engineering consortium will now finalise the contracts and move forward with project planning. The selection of the preferred bidder does not constitute notice to proceed with construction of the plant; subject to fulfilment of the relevant licensing and economic requirements, this should be given once the next phase of planning is complete.

The GE/Iberdrola Engineering consortium has won the tender to supply the turnkey power plant installation, and GE has won the tender to maintain the gas and steam turbines. Subject to a definitive notice to proceed with construction, the plan is to build a state-of-the-art installation. The facility planned by Repower at CHEMPARK Leverkusen is a high-efficiency combined cycle gas turbine (CCGT) power plant with process steam extraction. This cogeneration or combined heat and power (CHP) plant will have an electrical capacity of more than 570 MWel, electrical efficiency of over 60 per cent, steam extraction of more than 300 tonnes/hour, and overall fuel efficiency as high as 80 per cent. Investment in the project will come to some EUR 350 million.

The CHEMPARK Leverkusen site has good prerequisites for a CCGT plant, even in a difficult economic environment. The project has a number of key advantages by comparison with most other projects to build gas-fired installations:

- The large amount of steam extracted means very high gas fuel efficiency of up to 80 per cent, and will enable companies on the CHEMPARK site to be supplied with process steam efficiently and cost-effectively. The proximity of the companies using the process steam is a key advantage, as the cogeneration technology is more effective the closer users are to the source of heat. Thanks to the use of the latest technology, the process for cogenerating electricity and steam will be highly efficient.

- Because the plant will produce significantly fewer carbon emissions than installations with conventional steam generators, it will be eligible for subsidies under the official CHP promotion scheme in Germany.

The highly efficient plant will make an important contribution to the future of energy, as combined heat and power is a cornerstone of efforts to meet Germany's carbon reduction and energy efficiency targets. Its high flexibility also means the plant can be ideally deployed to balance out the irregular generation of wind and solar energy, a considerable benefit in terms of assuring supply security.

The planning process for the plant will now continue in stages within the framework of ongoing project work. Currently negotiations are under way with potential partners to acquire a share in the plant. Planning of the necessary connections to the electricity and gas grids is also ongoing. Further details of the project will be elaborated with GE/Iberdrola Engineering in the coming months.

The planned installation will consolidate Repower's position in the German market. Repower conducts a large portion of its trading business in Germany, and operates two wind farms in Brandenburg and Saxony-Anhalt. The company also supplies medium-sized commercial customers in Germany with innovative electricity products and gas.

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