• About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form
Sunday, December 7, 2025
  • Login
No Result
View All Result
NEWSLETTER
BOB fm
  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form
  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form
No Result
View All Result
BOB fm
No Result
View All Result
Home Economy

EDP ​​and Endesa compete to transform Pego plant

Ursula Curtis by Ursula Curtis
January 18, 2022
in Economy
0
EDP ​​and Endesa compete to transform Pego plant
0
SHARES
88
VIEWS
Share on FacebookShare on Twitter

Electricity companies EDP and Endesa confirmed to pass Each submitted their nomination to give a new future to the Pego thermal power plant, in Abrantes, the closure of which, at the end of November, marked the end of the electricity produced from coal in Portugal.

The bid for the conversion of the plant, whose deadline expired on Monday, included projects from these two candidates, although neither of them wanted to make any comment on the content of the bids at this time. The Tejo Energia (CAE) power purchase agreement (a partnership between Endesa and Trustenergy) expired on November 30, 2021, so the government chose to open tender for the power grid connection point.

The CEO (CEO) of EDP and EDP Renováveis, Miguel Stiluel de Andrade, had already indicated his interest in submitting a project to transform the plant, at the end of November, when he said he had not decided to participate in this tender but that this would advance if he had competitive offer. On the same occasion, the director said that the project would definitely include a renewable component and could include a hydrogen component.

Just a day later, Grenvolt also admitted to the Echo newspaper that he was analyzing the possibility of applying, an initiative that relies on being able to offer something “special”, but it did not provide further details, and is currently doing so. No further comment has been provided.

In addition to these intentions, the plans of a shareholder in the Pego plant, Trustenergy (a partnership between France’s Engie and Japan’s Marubeni) were also known, which designed a biomass solution to continue the plant. However, the nomination has not been confirmed.

In parallel with pass Reportedly, the expectation of funds from the Central Region Fair Transition Fund (FTJ), specifically to support projects that mitigate the impact of the Pego coal plant shutdown, is arousing strong interest from several companies: 24 expressions of interest with a total investment of 266 million euros in their projects . Among them is one from the CME company (it was not possible to confirm the details of it), but the company pass He is only moving in this race, and he has no plans to reconvert the plant.

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

Next Post
Bank of America says ‘Britcoin’ will change current account and endanger the health of commercial banks

Bank of America says 'Britcoin' will change current account and endanger the health of commercial banks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Navigate

  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form

Pages

  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form
  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About Us
  • Contact Form
  • DMCA
  • Editorial Policy
  • Privacy Policy

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.