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December 1, 2021

Thessaloniki II CCGT Power Plant, Greece

By Carmen

The Thessaloniki II CCGT Power Plant is 826MW gas fired power project. It is planned in Central Macedonia, Greece. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in July 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 826 826 Permitting Central Macedonia, Greece ElpEdison Power


The project is being developed and currently owned by ElpEdison Power.

It is a combined cycle gas turbine (ccgt) power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be natural gas. In case of shortage of natural gas the plant will run on Hydrogen. The fuel will be procured from Hellenic Gas Transmission System Operator (DESFA) S.A..

The project cost is expected to be around $449.94m.

The Gas fired project consists of 1 steam turbine with 274MW nameplate capacity.

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The Gas fired project consists of 1 gas turbine with 552MW nameplate capacity.

Development Status

The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by July 2023.

About ElpEdison Power

ElpEdison is a 50:50 joint venture between Edison SpA and Hellenic Petroleum S.A. that has been established with an objective to develop a generating capacity of more than 1,500 MW of output, that is equal to approaximately 12% of the Greek market. The company is evaluating to expanding in the trading and sale of electric energy; and in renewable energy sources across Greece.


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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