The Peterhead CCS Gas Fired Power Plant is 900MW gas fired power project. It is planned in Scotland, the UK. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Thermal||900||–||900||Permitting||Scotland, the UK||Equinor UK; SSE|
The project is being developed by Equinor UK and SSE. These companies also have ownership stakes in the project.
It is a thermal power plant.
The project cost is expected to be around $1,066.95m.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
About Equinor UK
Equinor UK Ltd (Equinor), formerly Statoil (U.K.) Ltd is an oil and gas company that explores, develops, markets and supplies natural gas and crude oil. The company’s activities include offshore wind, upstream operations, natural gas trading and crude oil sales. It carries out offshore operations to develop various offshore wind technologies and projects. Statoil UK’s wind projects include Sheringham Shoal wind farms, Dogger Bank offshore wind project, Hywind Scotland Pilot Park and Dudgeon wind farms. The company owns oil and gas properties in the UK continental shelf. It trades and markets gas to industrial customers across Europe. The company operates through its office located in Aberdeen, the UK. Equinor is a subsidiary of Statoil ASA and headquartered in London, the UK..
SSE Plc (SSE) that develops, owns and operates energy and related infrastructure, and provides related services. The company generates, transmits and distributes electricity and supplies gas. SSE produces electricity in gas- and oil-fired, renewable, coal-fired; and gas from gas fields in North Sea. It has interests in electricity transmission businesses in the north of Scotland, electricity distribution in the north of Scotland and southern central England, and gas distribution in Scotland and southern England. SSE also offers energy portfolio management services and gas storage facilities. The company serves residential and commercial customers in Ireland and the UK. SSE is headquartered in Perth, Scotland, the UK.
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.