Markham Valley Biomass Power Plant is a 30MW biopower project. It is planned in Morobe, Papua New Guinea. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed by PNG Biomass. Oil Search and Aligned Energy are currently owning the project having ownership stake of 70% and 30% respectively.
The project is expected to generate 123.5GWh electricity to offset 190,000t of carbon dioxide emissions (CO2) a year.
The process of combustion will be adopted in this project to release the stored energy from the feed. Wood chips which is a kind of wood by-product will be used as a feedstock to power the project.
The project will consists of 2 turbines each with 18 MW nameplate capacity.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to PNG Power under a power purchase agreement for a period of 25 years.
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About PNG Biomass
PNG Biomass is a clean and sustainable energy company. PNG Biomass is headquartered in Lae, Morobe, Papua New Guinea.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
