Feb 01, 2008 | Amsterdam Nuon chooses Mitsubishi to build Nuon Magnum
Dutch energy company Nuon and the Japanese Mitsubishi group will today sign the contract for the construction of the gas-fired part of the Nuon Magnum power plant in Eemshaven. The Management Board thereby takes its definitive decision to go ahead with the first phase of construction of the multi-fuel power plant. The construction contract is worth over EUR 1 billion. The power plant will start supplying electricity in 2011.
The choice of Mitsubishi follows a European tender procedure from Nuon. Ultimately, the combination of commercial and technical aspects and the associated guarantees led to the selection of Mitsubishi. Because of the nature of Mitsubishi’s steam and gas turbine, the production capacity has increased to around 1300 MW. This capacity will be provided by three turbines.
The power plant is to be built in the Eemshaven, a location in the province of Groningen that offers excellent potential for importing fuels by sea, has a good connection to the electricity and gas network and has a plentiful availability of cooling water. Nuon signed the agreement to purchase the site from Groningen Seaports on 14 January 2008. The construction of the power plant will start in the first half of 2008.
In November 2007 the shareholders of Nuon approved the investment in the gas-fired unit. This gas-fired unit will on completion include all the preparatory facilities for the construction of the gasification plant. This installation will enable the gasification not only of coal but also of biomass on a large scale and will also have provisions for efficient CO2 capture. Nuon expects to take a decision on the construction of the gasification plant within two years.
About Nuon
Nuon is an ambitious energy company with more than 10,000 employees serving 2.6 million customers in the Netherlands, Belgium and Germany with electricity, gas, heating and related services. Nuon produces, transports and delivers electricity, gas, heating and cooling and trades in energy on the major international markets. Nuon also offers auxiliary services and innovative technology to companies and consumers; its aim is to secure a reliable, sustainable and affordable energy supply. Nuon pursues balanced growth for all stakeholders: shareholders, employees, customers, the environment and society. With a turnover in 2006 of EUR 5.6 billion, Nuon has a leading position on the Dutch energy market. Its shares are owned by local and regional authorities.