Power Plants and a Belt Linking Beijing, Bhikki and Baghdad
At a forum for more than 600 power-sector experts in Beijing, the discussion, for a time, focused on Iraq. Elsewhere at the event, GE presented a clean coal project in Dubai, and a combined-cycle power plant in Pakistan. Why these topics in faraway China?
The changing nature of the power industry means that power projects often involve international, multi-geography partnerships and collaborations.
“We need to innovate new business models and new ways of working across geographies that allow us to develop the appropriate energy infrastructure for each country,” Nabil Habayeb, President & CEO of GE Middle East, North Africa and Turkey, expressed for the “China for the World” 2018 Energy Infrastructure Cooperation Forum.
The panel discussion on ‘Powering Iraq’, explored market developments, project models, and financing mechanisms to unlock the potential benefits that China’s Belt and Road Initiative can bring to the country.
Iraq has a strategic location along a key artery of the Belt and Road Initiative, underpinned by growth in its oil trade with China. As Iraq looks to strengthen its electricity infrastructure, China and global technology providers such as GE can support its reconstruction efforts.
The Iraq discussion was part of a special breakout session focused on the impact of the Belt and Road Initiative in the Middle East, North Africa (MENA) and Pakistan.
GE and Caixin Media cohosted the “China for the World, 2018 Energy Infrastructure Cooperation Forum”, which is now in its fifth year. It is China’s first private-sector event where global experts share insights and opportunities, and explore how best to bring lasting benefits to communities in Belt and Road countries.
A demonstration area at the forum presented over a dozen standout projects, including Hassyan and Bhikki. Hassyan is the Middle East’s first clean coal plant with ultra-supercritical coal technology and GE’s advanced environmental control systems. Hassyan also has financing from the Silk Road Fund, which provides investment and financing for Belt and Road Initiative projects.
Bhikki is noteworthy for being the first project in Asia to use GE’s 9HA gas turbine units, adding up to 1,180 megawatts (MW) to the national grid, the equivalent electricity needed to supply up to 2.4 million Pakistani homes.
Since GE began working with Chinese engineering, procurement and construction companies more than 20 years ago, it has delivered over 35 gigawatts (GW) of power to developing markets through these partnerships, with an additional 20 GW worth of power underway or pledged, based on orders through the first half of 2018.