More gas power incoming: The 2.4 GW Fujairah F3 combined cycle gas turbine — one of the largest in the UAE — has begun commercial operations, according to a statement. The project, which involved Marubeni Corporation, Abu Dhabi National Energy Company (Taqa), Mubadala Investment Company and Hokuriku Electric Power Company, is capable of powering some 380k homes.

are among the project’s backers, with Emirates Water and Electricity Company (Ewec) as the sole offtaker under a long-term power purchase agreement.

Who owns what: Taqa holds 40% of the project company — Fujairah Power Company F3 — while Marubeni holds 20.4%, Mubadala owns 20%, and Hokuriku Electric owns 19.6%. The project reached financial close back in 2020, at an estimated cost of AED 4.2 bn.

Taqa and Ewec have more in the works: Taqa inked a 24-year power purchase agreement back in April with Ewec that will allow it to build, own, and operate a 1 GW open-cycle gas turbine in Al Dhafra.

Abu Dhabi could also see a lot more gas turbines: Ewec sees an urgent need for an additional 5.1 GW of gas capacity in Abu Dhabi to support renewable integration and manage peaks — including 2.5 GW of combined-cycle gas turbines due by 2028 and 2.6 GW of opec-cycle capacity expected online by 2027, the National reports.

Tags: