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December 18, 2019

Libya revives plans for Benghazi power plant

At least one major contractor based in Egypt intends to submit a proposal for the Benghazi power plant project.

By GlobalData

The General Electricity Company of Libya (Gecol) intend to go ahead with the plan to build a major power combined-cycle gas turbine (CCGT) power plant in Benghazi, according to a source familiar with the scheme.

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It is unclear whether the client is undertaking a competitive bidding process or direct negotiations for the planned greenfield CCGT power plant, which could have a generation capacity of up to 1.5GW.

It is understood that at least one major contractor based in Egypt intends to submit a proposal for the project.

Previously, there was a plan to develop an independent water and power plant (IWPP) project in Benghazi. The project, with an estimated budget of $1bn, was put on hold in 2011 due to the outbreak of civil unrest in the country.

MEED understands Belgium-based Tractebel Engineering conducted the feasibility for the Benghazi power plant IWPP while Germany’s Fichtner Consulting was the technical adviser.

MEED This article is sourced from Power Technology sister publication www.meed.com, a leading source of high-value business intelligence and economic analysis about the Middle East and North Africa. To access more MEED content register for the 30-day Free Guest User Programme. 

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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