EDP awards management of 336-MW Aguieira, 24-MW Raiva to Iberdrola

Portugal utility Energias de Portugal (EDP) has awarded a contract to Spanish utility Iberdrola to manage and sell electricity from EDP’s 336-MW Aguieira pumped-storage project and the 24-MW Raiva hydropower plant on Portugal’s Mondego River.

Portugal’s competition authority required EDP to assign temporarily to another operator, for five years, the right to operate and manage the 360-MW Aguieira-Raiva complex. Autoridade da Concorrencia made that a condition in 2008 when it cleared EDP to operate the 259.2-MW Alqueva and 10-MW Pedrogao hydroelectric projects and to acquire the operators of about a dozen small hydropower projects. (HNN 6/23/08)

In competition organized by EDP, Iberdrola submitted the winning bid to manage and market electricity from Aguieira-Raiva from April 1 until March 31, 2014.

The Aguieira project has reversible pumping capacity of 270 MW, representing 25 percent of all pumping capacity of that type in Portugal.

Iberdrola said managing the Aguieira-Raiva complex for the next five years will provide it valuable experience in the operation of the 1,134-MW Alto Tamega hydroelectric complex on Portugal’s Alto Tamega River. Iberdrola won a concession to build and operate those four hydro plants in January. (HNN 1/27/09) Iberdrola said two plants would offer 900 MW of pumping capacity and two conventional hydro plants would offer 234 MW.

Iberdrola has about 10,000 MW of hydroelectric capacity worldwide, including more than 8,800 MW in Spain, 550 MW in the United Kingdom, 450 MW in Brazil, 125 MW in Chile, and 120 MW in the United States. It has begun building another 14 hydro projects totaling more than 2,000 MW, including three in Spain totaling 1,050 MW and 11 in Brazil through its Neoenergia unit totaling 1,000 MW.

Previous articleMozambique seeks procurement consultant for grid to link new hydro
Next articleEl Salvador again extends bid date to design 260-MW El Cimarron

No posts to display