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November 29, 2021

Markham Valley Biomass Power Plant, Papua New Guinea

By Carmen

Markham Valley Biomass Power Plant is a 36MW biopower project. It is planned in Morobe, Papua New Guinea. The project is currently in financed stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Biopower 36 36 Financed Morobe, Papua New Guinea PNG Biomass

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 electricitiy generated from the plant will 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 2022. Subsequent to that it will enter into commercial operation by 2023.

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.

About PNG Biomass

PNG Biomass is a clean and sustainable energy company. PNG Biomass is headquartered in Lae, Morobe, Papua New Guinea.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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