PROJECT EUROSTAR

The most efficient CCGT power plant with an 785.3 MW output

SPV

Verbena Enerji San. Ve Tic. A.Ş.

Project Location

Erikleryurdu Village, Kırklareli Province, Turkey

Capacity

785.3 MW

Efficiency

62.25%

Technology

Latest GE 9HA.02 technology

Best Technology

GE 9HA.02 Gas Turbine - World's most powerful and most efficient Gas Turbine

Highest efficiency
Most operational flexibility
Fastest startup time
Total plant concept

Best Location

Direct connection to Istanbul (highest demand center in Turkey), Bulgaria and Greece

92% of Thrace Basin installed capacity is CCGT plants - Old technology CCGT Plants in the region

Additional 1700 MW investment is required until 2021

Best in Merit Order

 

Higher dispatch rate for Project Eurostar
Highest (62.25%) net guaranteed efficiency, fastest startup time
Lower efficient CCGT plants will set the electricity prices

COMPARISON OF START-UP TIME

 

Best timing for COD (Commercial Operation Date)

Reserve margin decreasing below critical levels, BO&BOT contracts (5.97 GW CCGT plants) will be terminated in 2019

New CCGT plants do not have incentives, Project Eurostar already had incentive approval

Best Growing&Maturing Market

High growth potential in the electricity market

Fully transparent and increasing market liquidity

Trading on day, month, quarter year and up to 14 months futures