Ras al-Khaimah power station

From Global Energy Monitor

Ras al-Khaimah power station is a proposed 1,800-megawatt (MW) coal-fired power station in Ras al-Khaimah, United Arab Emirates.

Location

The map below shows Ras al-Khaimah. The plant is planned for there, or possibly in Umm al-Quwain.

Loading map...

Background on Plant

UAE's Federal Electricity & Water Authority (FEWA) is planning to develop a 1,800 MW coal-fired power plant. The project will be developed using an independent power producer (IPP) model. Feasibility studies for the project were expected to begin by late 2017, with the utility planning to begin the procurement process for the plant in early 2018. The utility is considering locations at either Umm al-Quwain or Ras al-Khaimah, due to the requirement for coal import facilities.[1]

On February 21, 2019, Thomson Reuters reported that the project needs a transmission line before it can begin, and that FEWA is being absorbed in Abu Dhabi Water and Electricity Authority's successor company, Emirates Water and Electricity Company (EWEC). The project therefore is on hold. The decision came as Asian coal prices jumped from US$50 a tonne in early 2016 to US$120 in 2017, and then US$90 in 2018.[2]

As of June 2021, the project has not reached a final investment decision,[3] and without any known developments in four years, the proposal appears to be shelved.

Financing

Deloitte acted as the financial adviser to the awarding authority for the project.[4]

Project Details

  • Sponsor: TBD (IPP)
  • Parent company:
  • Developer:
  • Location: Ras al-Khaimah, United Arab Emirates
  • Coordinates: 25.783333, 55.95 (approximate)
  • Status: Shelved
  • Capacity: 1,800 MW
  • Type:
  • Start date:
  • Coal Type:
  • Coal Source: Imported
  • Source of financing:
  • Permits and applications:

Articles and resources

References

  1. "Second major coal power project planned in UAE," Meed, March 1, 2017
  2. Rod Morrison, "Coal IPPs on hold - Project Finance International," Thomson Reuters (paid subscription service), February 21, 2019
  3. Jim Krane, "Pairing Coal with Solar: The UAE’s Fragmented Electricity Policy," Nature Public Health Emergency Collection, February 2, 2021
  4. "Preview of FEWA Coal-Fired Power Plant (1800MW)," IJGlobal, March 6, 2018

Related GEM.wiki articles

External resources