Humber Bank-based power giant VPI has partnered with an Irish generation company to build a new 275MW plant in County Westmeath.
A joint venture has been agreed with Lumcloon Energy Ltd for a consented open cycle gas turbine power plant. It will play a role in supporting peak demand, acting as a back-up for renewable energy sources.
VPI, a division of global energy trader Vitol, takes a 51 per cent share, with construction to start next year.
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Head of generation, David Brignall, said: “VPI is already one of the leading operators of combined cycle gas turbine assets in the UK, and this joint venture will allow us to bring our expertise and experience to this exciting project.
“The creation of a 275MW OCGT will provide flexibility to meet the demands of Ireland’s consumers and ensure security of supply at times of peak demand.”
Tullamore-based Lumcloon Energy is an expert in early stage project development, particularly in Ireland where their landmark projects are based. It is described as having experience with the consenting process involved in power projects across planning, grid, and land. Lumcloon has also developed Ireland’s largest portfolio of battery energy storage systems.
Managing director Nigel Reams said: “Lumcloon Energy is focused on the facilitation of renewable energy onto the Irish grid. This new project will expand our contribution to the transition to a renewable-based power system and will enhance security of supply.”
VPI has a fleet of CCGTs in the UK with a total generating capability of 3.3GW, having kickstarted the UK operations with the buy-out of the huge facility that powers the Humber refining complex from Phillips 66 at South Killingholme, Immingham.
Last year it bought four futher plants from Drax in a £193 million deal, and VPI has committed to spend more than £2 billion in supporting energy transition over the next five years. A total of 350MW of new build capacity is due to come online from 2024, while the company progresses carbon capture at the original 1,260 MW location.
It has just announced a joint venture with Air Products for hydrogen production on site too.
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