FACTS & FIGURES - Tecnimont ICB
FACTS & FIGURES - Tecnimont ICB
FACTS & FIGURES - Tecnimont ICB
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Energy for Albania<br />
Albania is a country in transition from a centrally planned to a market-based economy. This poses<br />
major challenges as well as providing new opportunities. Two key factors favouring social and<br />
economic development are the availability of electricity and the diversification of energy supply.<br />
Albania has seen rapid growth in demand for electricity, which has brought an increasing dependence<br />
on imports. Sustainability of electricity supply is becoming an increasingly sensitive issue for the<br />
country, and a programme to reform and improve the performance of the energy sector and open the<br />
market is being implemented. The Valona power plant, supported by the World Bank, European Bank<br />
for Reconstruction and Development (EBRD) and European Investment Bank (EIB), is a cornerstone of<br />
the new policy.<br />
Valona Power Plant<br />
In 2007 <strong>Tecnimont</strong> beat other major international<br />
bidders to win the contract for the construction of a<br />
gas turbine combined-cycle (GTCC) power plant at<br />
Valona, southern Albania. The agreement is in two<br />
parts: a ¤92 million contract for engineering,<br />
procurement and construction, and a ¤23 million<br />
contract for long-term gas turbine maintenance<br />
service. Around 90% of the EPC project is being funded<br />
by the World Bank, the EBRD and the EIB. KESH is<br />
responsible for the remaining 10%. The project, due to<br />
be completed in September 2009, consists of a 100 MW<br />
GTCC at ISO conditions, with emission limits in line<br />
with the most stringent regulations thanks to the use<br />
of the most advanced technologies.<br />
The Valona plant is designed to be self-sufficient. It will<br />
be equipped with its own sea terminal and pumping<br />
station to receive deliveries of diesel oil and sufficient<br />
tank storage for diesel oil to ensure operation of the<br />
plant for over 30 days. It will also have its own sea water<br />
cooling system and reverse osmosis desalination plant,<br />
coupled with a continuous plant producing dimineralized<br />
water to feed the heat recovery steam generator.<br />
The plant will be able to satisfy the electricity demand of<br />
a town of about 250,000 inhabitants. It is Albania’s first<br />
big project in the power sector for 20 years and<br />
represents the first major attempt to alleviate the<br />
country’s shortage of energy. It will also help diversify<br />
the country’s source of electricity, which now comes<br />
only from hydropower. The project contributes<br />
significantly to the local labour market. It will represent<br />
a total of approximately 1.5 million working hours, of<br />
which more than 900,000 hours will be attributable to<br />
Albanian companies.<br />
Contract type: EPC<br />
Client:<br />
Albanian Electric Energy<br />
Government Authority (KESH)<br />
Contractor: <strong>Tecnimont</strong><br />
Contract value: ¤115 million<br />
Capacity: 100 MW GTCC<br />
Local biomass<br />
provider<br />
58 59<br />
5,000 ha<br />
70 km<br />
180,000 tonnes<br />
biomass poplar<br />
Production<br />
18 MW<br />
BIOMASS SHORT CHAIN<br />
Towards one of the Largest Biomass Power Stations:<br />
Contributing to the Green Energy Sector in Italy<br />
As part of the Maire <strong>Tecnimont</strong>’s increasing focus on renewable<br />
energy, the Group is promoting a biomass power station at<br />
Olevano Lomellina (Pavia, Italy). Construction will start in June<br />
2009 and the project should be completed by mid-2011. The<br />
power plant, with an installed capacity of about 18 MW, will be<br />
built by <strong>Tecnimont</strong> as general contractor. The investment is about<br />
¤75 million. Maire <strong>Tecnimont</strong> will form a special-purpose company<br />
to manage the plant in association with local biomass providers,<br />
who have guaranteed its entire lifetime raw materials supply.<br />
The project is the first example of this magnitude of real integration<br />
between the agriculture and power sectors in Italy, in line with the<br />
local supply chain (“filiera corta”) requirements of the Ministry of<br />
Agricultural, Food and Forest Politics. This approach offers<br />
farmers the long-term prospect of a new and dependable source of<br />
income from traditional farming. Significant benefits are also<br />
foreseen in terms of employment and the development of local<br />
services. Local residents will benefit from new urbanization works,<br />
discounts on electric tariffs, and so on.<br />
The power station will produce about 140,000 MWh per year,<br />
sufficient for a town of about 40,000 inhabitants. It will have<br />
virtually zero environmental impact and no CO 2 emissions. A<br />
traditional coal-fired power plant of this size would emit more<br />
than 100,000 tonnes/year of CO 2.