Power utility PPC’s Megalopoli V power station in the Peloponnese has, for the first time, begun operating at a full-capacity level of 811 MW following five years of production well below full potential, a restriction whose cost the utility has estimated at 200 million euros.
Power grid operator IPTO yesterday gave PPC the green light for full-scale production at Megalopoli V after an extended period of pressure applied by the power utility.
In the lead-up, PPC was forced to operate its Megalopoli V facility at 60 percent of its full capacity, 500 MW, following instructions from IPTO, noting the Peloponnese region’s existing network could not carry a greater amount.
Trial runs at Megalopoli V, a natural gas-fired combined-cycle unit, began in April, 2015 but PPC had never been given permission to boost generation at this power plant by 311 MW to reach full capacity.
Meanwhile, PPC’s Megalopoli III and IV units, both lignite-fired, were either shut or operated well below full capacity as a result of hefty CO2 emission right costs.
A swifter full-scale launch of Megalopoli V would have enabled the power utility to completely switch off the engines at loss-incurring Megalopoli III, a 250-MW unit, PPC has noted.