The Republic’s energy sector is getting a boost from a new $800 million power plant.
Officially opened yesterday, PowerSeraya’s new natural gas-fired facility is capable of producing electricity and steam simultaneously - up to 600 tonnes per hour - for more than 95 petrochemical companies on Jurong Island.
Said PowerSeraya chief executive officer John Ng: “It reduces the need for them to produce their own steam and it allows them to reduce their business capital and operating costs.”
With its new plant, PowerSeraya now has the largest co-generation capacity here - close to 1,500 megawatts.
PowerSeraya’s new co-generation plant is 75 per cent more thermal efficient than its combined cycle plants as it harnesses waste heat produced from the electricity-generation process.
It also makes use of water from its seawater reverse osmosis desalination plant to produce up to 600 tonnes per hour of high-pressure steam.
This can then be sold immediately to its industrial customers.
This new plant is expected to reduce the energy company’s overall carbon emissions by 10 per cent.
PowerSeraya is in the business of producing, wholesaling, trading and retailing energy, with a primary focus on electricity. It supplies about 30 per cent of the country’s energy needs.
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