ISTAK Initiates Construction of New Power Station Building in Svartsengi Geothermal Power Plant Expansion

Credit: HS Orka

Icelandic construction firm has commenced construction of a new power station building as part of the ongoing expansion efforts at the Svartsengi power plant in . This construction is carried out in accordance with an agreement signed between ISTAK and , which encompasses the construction of structures associated with the expansion project. Additionally, ISTAK is tasked with overseeing coordination and safety measures at the project site.

The expansion project, known as SVA7, entails the replacement of older production units with a new unit, with the objective of enhancing resource utilization and increasing the plant's production capacity to 85 MW. Groundbreaking for the expansion project was reported earlier this year, marking a significant step forward in the initiative.

See also: Global Power Demand Growth Slows in 2023 Due to Energy Crisis and Economic Downturn, says IEA

As of today, the installed power capacity at Svartsengi stands at approximately 66 MW. The contract for this expansion amounts to ISK 2.6 billion, with a total cost estimate of ISK 12 billion. The overall scope of the project closely resembles the recent expansion of the Reykjanesvirkjun power plant, which was commissioned earlier this year. It is anticipated that the project will employ approximately 100 individuals at its peak.

Sunna Björg Helgadóttir, the manager of the technical department, provided insights into the project's progress, stating, “The first shovel for SVA7 was taken in December last year, and earthworks have already begun. They were completed in the spring months, and simultaneously, the project management team has been actively engaged in procuring equipment with longer lead times, including a generator, cooling tower, condenser, transformers, and gas suction systems. Concrete work on the new station building commenced in mid-September.”

See also: European Renewable Energy Prices Witness Ongoing Decline, Stimulating Buyer Demand

Birgir Thór Birgisson, senior project manager of SVA7, noted the extended delivery times for critical equipment and emphasized that several aspects of the project are still pending finalization. Nevertheless, the project team remains committed to concluding all agreements in the coming months, as they continue to advance this vital expansion of the Svartsengi geothermal power plant.

1 comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use

Support Renewable Energy News!

At EnergyMagz, we believe that reliable, up-to-date news on renewable energy is vital for driving the world toward a sustainable future. By contributing, you’re not only supporting quality journalism, but also helping to shape the world’s transition to greener solutions.
DONATE  NOW
Every contribution, no matter the size, makes a difference.
close-link