$2 Billion Hydrogen-Fuelled Power Plant in Abu Dhabi
to Commence Operations in 2013, Says BP Official

ABU DHABI - BP Plc and partners are still conducting engineering and design work for their planned $2 billion hydrogen-fuelled power plant in Abu Dhabi and expect the facility to start in 2013.

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Published: Thu 22 Jan 2009, 1:34 AM

Last updated: Sun 5 Apr 2015, 9:37 PM

The plant will generate 420 megawatts of electricity, BP’s President of Middle East and South Asia Steve Peacock said in an interview in Dubai. The partners previously said design work would be completed last year and the facility would produce 500 megawatts.

Abu Dhabi, holder of more than eight per cent of the world’s oil, plans to invest $15 billion in developing alternative-energy sources, Sultan Al Jaber, the head of state-owned Abu Dhabi Future Energy Co., said last year.

That includes the BP ‘Masdar’ project, which will be the world’s largest hydrogen plant.

BP and Rio Tinto Plc, through their UK-based joint venture Hydrogen Energy, are collaborating with Abu Dhabi to develop the plant, which will help meet the emirate’s power needs as oil revenue funds new infrastructure.

Masdar, a unit of state-owned Mubadala Development Co., was set up in 2006 and is responsible for developing renewable energy in Abu Dhabi.

Peacock also said Iraq plans to receive bids for its first oil licensing round in May, adding that deadlines are subject to change and BP hasn’t decided which fields it will bid for.


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