Dubai Electricity and Water Authority (DEWA) has signed a Power Purchase Agreement (PPA) and a Shareholders Agreement (SHA) with the consortium of ACWA Power and Harbin Electric that was selected in October 2015 as preferred bidder for the construction of a 2,400 MW "clean" coal-fired power plant in the United Arab Emirates.
The Hassyan clean coal power plant project will be implemented using the IPP model on a build, own, operate (BOO) basis and DEWA will be the major stakeholder with 51% share in the company that will be established. The project is supported by a 25-year Power Project Agreement (PPA) and the bidder has been required to put in place a secure delivery of coal to the project over the 25-year life of the PPA. The first 2,400 MW phase of the project will comprise four 600 MW units. Construction is expected to start in 2016. The second 1,200 MW phase of the project includes two 600 MW units with ultra-supercritical technology. The project has a planned commercial operation oate of March 2023.
Dubai Clean Energy Strategy 2050 aims to cover 61% of the Emirate's power mix with gas by 2030, with 25% coming from solar energy, 7% from nuclear power and 7% from clean coal.
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