Zeenni's Trading Agency 50 MW CSP plant
United States Trade and Development Agency (USTDA) has granted a feasibility stydy with $338,270
Increasing renewable energy sources is a policy priority for the Government of Lebanon, as the country lacks indigenous sources of energy and imports nearly 99 percent of its energy. High costs and insufficient supplies have lead to frequent electricity outages, resulting in significant damage to the economy and the tourism industry. In the electricity sector, the main electricity company, EDL (Electricité du Liban), imports around $500 million worth of fuel each year to meet its basic energy needs. Government loans of $200‐500 million are annually passed in an effort to prevent EDL from going bankrupt due to inefficiencies and transmission losses. Despite large government investments in the power sector, demand still exceeds supply, and blackouts are common in peak demand times.
Renewable energy currently plays a minor role in the energy mix in Lebanon. Lebanon experiences over 300 days of sunshine a year, making solar energy one of the better alternatives for a renewable energy source. While solar energy has rarely been used to generate electricity, energy savings from the use of solar thermal collectors are widespread in Lebanon. This feasibility study (FS) would follow the success of the solar thermal industry and develop a plan for effectively implementing Concentrated Solar Power (CSP) technology in the Byblos region with good potential to replicate this technology in other areas.
The FS will assess CSP technology and analyze the construction of a 50 MW CSP power plant in the Byblos area of Lebanon. The lack of sufficient service in this area of Lebanon has prompted many businesses to implement self-generation techniques for electricity usage. Such techniques are costly and continue to fall short of meeting energy needs. Except for some small company concessions to generate electricity, EDL monopolizes the generation and distribution market, and the law prohibits electricity generation for sale to the grid. Therefore, the project will generate electricity to sell it directly to industrial estates in the vicinity of the proposed site. The study will include an analysis determining the best CSP technology to use; a techno-economic assessment; engineering, procurement and construction cost estimates; and a project implementation plan for a 50 MW CSP power plant.