Natural gas-fired power generation may take a big leap in Palestine in the near future if it can overcome financial and geopolitical obstacles, according to a new report in the Jewish Press website.
The PA Energy Authority and the Massader investment wing are planning to start construction on a new power plant in Jenin, one of the region’s key cities. The 450-MW combined cycle gas turbine (CCGT) plant, if and when completed, would be the largest in the Palestinian Authority.
The gas would be supplied from the Gaza Marine field which is under PA control and discovered in 2000, according to the report. Originally considered as a joint venture between Israel and Palestine, Gaza Marine is about 22 miles offshore in a depth of only 2,000 feet.
The Jenin Power Plant could produce close to half of the PA’s projected electricity load, or it might never happen at all, the report countered. Palestinian Electricity Co. debts and other security and political challenges could stall the plan.
The project would cost close to $620 million and be operational by the end of 2021, according to reports.
Click here to read more from the Jewish Press story.