The Waikato Gas Power Plant is 360MW gas fired power project. It is planned in Waikato, New Zealand. 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 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed and currently owned by Nova Energy. The company has a stake of 100%.
It is a Gas Turbine power plant that will be used for Peakload. The fuel will be procured from Maui Pipeline.
The project cost is expected to be around $350m.
Waikato Gas Power Plant (Waikato Gas Power Plant Phase II) consists of 4 gas turbines with 60MW nameplate capacity.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Contractors involved
Waikato Gas Power Plant (Waikato Gas Power Plant Phase I) will be equipped with GE Power LM6000 gas turbines. The phase consists of 2 gas turbines with 60MW nameplate capacity.
For more details on Waikato Gas Power Plant, buy the profile here.
About Nova Energy
Nova Energy (Nova) a subsidiary of Todd Corporation Limited is an oil and gas company that offers energy services. The company offers energy solutions which include supply of electricity, natural gas, LPG and co-generation of energy. Nova supplies energy for all kinds of industries and firms, buildings and on-site co-generation plants serving small businesses across the country with all their energy needs. The company also uses new co-generation technologies to develop energy efficiency at commercial and industrial sites and it generates electricity through renewable geothermal energy and clean-burning natural gas facilities. Nova is headquartered in Whakatane, New Zealand.
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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.
