Doosan Enerbility announced on the 29th that it has signed a contract worth 130 billion won for a power plant fuel conversion project with Marafiq, a state-owned power company in Saudi Arabia.
This project involves converting an oil power plant into a gas power plant. Doosan Enerbility plans to supply key equipment, including combustors and a distributed control system, to the Yanbu 2 power plant and to conduct trial operations by 2028.
The Yanbu 2 power plant was built in 2013 with a capacity of 1,375 megawatts (MW) to supply power for the Yanbu industrial complex, located about 350 km north of Jeddah. Doosan Enerbility explained that once the fuel conversion is completed, the Yanbu 2 power plant is expected to reduce carbon emissions by about 25% while maintaining its existing power generation capacity.
The contract signing ceremony held on the 27th in Jubail, Saudi Arabia, was attended by Jamal Abdullaman Omar, senior vice president of Marafiq, and Son Seung-woo, head of the Power Services Business Group at Doosan Enerbility. BG Son noted, "Fuel conversion of power plants is gaining attention as an economical low-carbon power solution because it maximizes the use of existing facilities and minimizes the operational downtime of the plants."