• Connect With Us:
  • Portugal utility to operate, expand 259.2-MW Alqueva, 10-MW Pedrogao

    Portuguese utility Energias de Portugal (EDP) agreed October 24 to pay a total of 636 million euros (US$907.4 million) to operate for 35 years the 259.2-MW Alqueva and 10-MW Pedrogao hydroelectric projects on Portugal's Guadiana River.

    EDP signed the agreement with Empresa de Desenvolvimento e Infra-estruturas do Alqueva S.A. (EDIA), the concession holder for the Alqueva Dam multipurpose project, which includes Europe's largest reservoir at 250 square kilometers.

    EDP subsidiary Gestao da Producao de Energia S.A. (EDP Producao) agreed to pay EDIA an initial amount of 195 million euros (US$278.2 million) plus annual rent of 12.6 million euros (US$17.9 million) for the 35-year concession term, for the total 636 million euro price tag.

    EDP Producao also is investing another 156 million euros (US$222.5 million) to repower and expand the hydropower plants. EDP said Alqueva could be expanded another 240 MW with a pump-back feature, while Pedrogao could be expanded another 19 MW.

    Earlier this month, EDP said it plans to enter all state tenders to operate new dams in Portugal. (HNN 10/8/07) EDP, which operates most of Portugal's hydroelectric projects, currently produces 4,404 MW of hydropower. EDP said earlier this year it plans to invest 2.5 billion euros (US$3.28 billion) in hydroelectric plants in coming years, boosting its total hydroelectric power to 7,000 MW.

    Hydro Industry Financials

    Buyers Guide Products

    Zagorsk PSP, Russia

    Zagorsk Pump Storage Plant 6 x 236 MVA, 150 rpm...

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Balluff GmbH

    Offers sophisticated sensors, transducers, indu...

    ThyssenKrupp Resource Technologies GmbH

    Houghton International

    High voltage (HV) coils manufacturers and suppl...

    Scott Aerator Co LLC

    Manufacturers of industrial grade de-icing equi...

    Renewable Energy Corp Ltd

    Designs, distributes and supplies wind, PV, hyb...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    12/01/2013
    Volume 32, Issue 10
    file
    11/01/2013
    Volume 21, Issue 6
    1311hrw-cvr

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space