The Volos Port Floating Storage Regasification And Power (FSRP) Project is 300MW gas fired power project. It is planned in Thessaly, 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 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 300 | – | 300 | Permitting | Thessaly, Greece | Gaztransport & Technigaz; Lloyd’s Register Group; Wison Group Holding |
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Description
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The project is being developed by Gaztransport & Technigaz, Lloyd’s Register Group and Wison Group Holding. These companies also have ownership stakes in the project.
It is a combined cycle gas turbine (ccgt) power plant.
The project cost is expected to be around $400m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
About Gaztransport & Technigaz
Gaztransport & Technigaz SA (GTT), a subsidiary of Engie SA, is a marine engineering company operating in the liquefied natural gas (LNG) sector. The company provides engineering and design of membrane containment systems for the storage and transportation of LNG on ships. GTT’s services include assistance and intervention, advisory services; maintenance, training, fuel savings, inspection and monitoring; and performance and optimization. It also offers new applications for the growing market for LNG as a propulsion fuel. Its services are used in shipyards and by shipowners in their operations. The company operates in France, Singapore, the UK and the US. GTT is headquartered in Saint-Remy-les-Chevreuse, Ile-de-France, France.
About Lloyd’s Register Group
Lloyd’s Register Group Ltd (LR), a subsidiary of Lloyd’s Register Foundation, is a provider of engineering, technical and business services. The company along with its subsidiaries offers independent assurance services to companies in energy and transportation domains that manage capital-intensive assets with a high-risk profile. Its services encompass asset management, statutory certification, product classification, construction survey, consulting solutions, design appraisal, inspection, shipping information, software products, testing, training courses, marine, validation, and verification. The company caters to various industries such as aerospace, energy, government and public sector, medical, nuclear, and oil and gas. The company has operations in the Americas, Asia, EMEA, and Oceania. LR is headquartered in London, England, the UK.
About Wison Group Holding
Wison Group Holding Ltd (Wison) is a diversified company that offers engineering, technical and investment services to energy industry. The company’s business areas include engineering services, offshore and marine and investments. It offers engineering and delivery services for downstream projects, from the initial engineering feasibility stage to the mechanical completion and facility start-up. Wison developed proprietary clean production technologies to supply chemicals such as carbon monoxide, methanol, hydrogen, syngas, sulfur and butyl-octyl alcohol. The company’s investment areas include petrochemicals, natural gas chemicals, coal to chemical, methanol industry chain, special and fine chemicals, and new materials. It has operations in Southeast Asia, South Asia, Middle East, Africa, and North and South America. Wison is headquartered in Pudong, China.
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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.
