Ghana’s President Commissions Early Power Limited’s (LTD) Bridge Power Plant Expected To Boost Thermal Generation Capacity By 7% With GE Vernova’s Advanced Technology
- The commissioning of the plant highlights the country’s emphasis on improving energy security, reliability and accessibility for all Ghanaians
- 200 megawatt (MW) bridge power plant powered by five GE Vernova (www.GEVernova.com) The TM2500 aeroderivative gas turbine is expected to be one of the most operationally flexible combined cycle power plants in Ghana.
- The project marks the first time GE Vernova’s trailer-mounted aeroderivative gas turbine has been used globally in a combined cycle configuration.
The Ghana Bridge Power Project, commissioned by the President of the Republic on November 19, 2024, is a major advancement in Ghana’s energy infrastructure. This modern facility is an important milestone in Ghana’s commitment to expand power generation capacity while improving fuel efficiency and environmental sustainability. The project will build a power plant with a capacity of 515 MW in Kpone, a heavy industrial area in Ghana, at an estimated cost of US$1.2 billion.
The Bridge Power project is expected to meet a significant portion of Ghana’s electricity needs, contributing more than 7% of the country’s reliable thermal power generation capacity. This major addition to Ghana’s energy mix can play a vital role in meeting the country’s growing electricity needs, supporting residential needs and industrial growth.
The combined cycle power plant uses a first-of-its-kind configuration using GE Vernova’s trailer-mounted aeroderivative gas turbine, steam turbine and heat recovery steam generator (HRSG) to produce up to 50% more electricity with the same amount of electricity as conventional single-cycle power generation Compared with the factory, the fuel consumption is less. By converting heat that would otherwise be lost as waste heat, the plant improves fuel efficiency while significantly reducing emissions, making it an important step in Ghana’s journey towards energy solutions that reduce carbon emissions.
The celebration of the commissioning of the bridge power station is the first of its kind in the world. Five GE Vernova trailer-mounted TM2500* aeroderivative gas turbine solutions and a factory-installed steam turbine in a combined cycle configuration mark the first time in the world that a trailer-mounted aeroderivative gas turbine has been used in a combined cycle configuration.
The Bridge Power Station, which is powered by natural gas and can produce up to 200 MW of electricity, is designed to be one of the most operationally flexible combined cycle power plants in Ghana.
It is owned and developed by Endeavor Energy, a leading U.S. independent power producer focused on Africa, and Andaris Energy Limited, a wholly-owned Ghanaian energy investment company (collectively, the Sponsors). Endeavor Energy was established in 2013 to work with host governments on Just Energy Transition programs to meet the baseload energy needs of West African countries. Endeavor is part of Denham Capital, Fund VI, a global private equity fund focused on energy and natural resources. Endeavor Energy and its co-sponsors have invested a total of US$1.2 billion in Ghana’s energy industry, including the 200MW Amandi TCE power plant in Aboadze, Takoradi. The first phase of the project costs $611 million, fully funded by sponsors and lenders.
The project will sell electricity to the Electricity Company of Ghana (ECG) under a 25-year Power Purchase Agreement (PPA) under a Put Option Agreement (PCOA) with the Government of Ghana (GoG). The PPA and PCOA agreements were approved by the Ghanaian Parliament and executed in September 2016, with financial settlement taking place on November 22, 2018. Under the PCOA, the Government of Ghana guarantees certain obligations of ECG in the event of termination of the PPA by either party. This is the first time this innovative financing arrangement has been used in Ghana. According to the power purchase agreement, the project will supply power in phases:
- In the first phase, the 200MW Combined Cycle Gas Turbine (CCGT) power plant consists of five (5) GE Vernova TM 2500 gas turbines, five (5) through-flow steam generators (OTSG), one (1) steam turbine unit, a Air-cooled unit condenser (ACC) and related equipment balancing. EPC contractor Metlen (formerly Power Projects Sanayi Insaat Ticaret Limited Sirketi (Metka)) started construction in December 2018. The project will be completed and delivered to ECG for commercial operation on July 18, 2024.
- The second phase is also a CCGT power plant with a target effective date of September 2025, a construction schedule of 48 months, and an estimated commercial operation date (COD) of September 2029. In the second phase, the power generation capacity will be as high as 315MW.
GE Vernova’s scope of services also includes a 25-year service agreement and asset performance management (APM) software running in the cloud to help ensure the long-term availability and reliability of the power plant’s gas turbines to meet Ghana’s growing energy needs. APM is a suite of software and services designed to help optimize asset performance and operations and maintenance efficiency for equipment, plants and entire fleets. The portfolio’s reliability applications, powered by predictive analytics, are expected to increase asset productivity and help meet the country’s long-term energy security needs.
Distributed by APO Group on behalf of GE.
Notes for editors:
*Trademarks of GE Vernova and/or its affiliates
**The exhaust has zero CO2 emissions; the only CO2 present comes from ambient air.
© 2024 GE Vernova and/or its affiliates. all rights reserved.
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For more information please contact:
Winnie Gassage
African Communication Leaders
GE Villenova
winnie.gathage@ge.com
Laura Arresi
Public Relations Director – Natural Gas Power
GE Villenova
laura.aresi@ge.com
Mana Asidu
Early Dynamics Ltd.
maanaa.asiedu@earlypowerltd.com.
About GE Vernova:
GE Vernova (NYSE: GEV) is a purpose-built global energy company across power, wind and electrification, supported by its accelerator business. With more than 130 years of experience addressing global challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while working to decarbonize. GE Vernova helps customers power the economy and provide power critical to health, safety and improved quality of life. Headquartered in Cambridge, Massachusetts, GE Vernova has more than 75,000 employees in more than 100 countries around the world. Powered by the company’s purpose, “Energy Changes the World,” GE Vernova technologies help create a more affordable, reliable, sustainable and secure energy future. GE Vernova’s natural gas power business engineers provide advanced, efficient natural gas power technologies and services, as well as decarbonization solutions designed to help achieve a low-carbon future. It is a global leader in gas turbine and gas-fired power plant technology and services, with the industry’s largest installed base of approximately 7,000 gas turbines.
GE Vernova’s mission is built into its name – it retains its traditional “GE” as a lasting and hard-won hallmark of quality and ingenuity. “Ver”/”verde” symbolizes the earth’s lush ecosystem. “Nova” comes from the Latin word “novus”, symbolizing an innovative new era of low-carbon energy.
learn more: General Electric Vernova (https://apo-opa.co/3B0Mk3d) and LinkedIn (https://apo-opa.co/3CDR9jE).
Bridge power: info@earlypowerltd.com; www.EarlyPowerltd.com
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