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| Hokkaido Electric To Build LNG-Fired Power Plant In FY 2021 |
| =Reached agreement with Hokkaido Gas to jointly use Ishikari LNG Terminal |
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Hokkaido Electric Power Company plans to build its first LNG-fired thermal power station in western area of Ishikari New Port Region in fiscal year 2021 or later. As the first phase, a gas turbine combined cycle power plant with capacity of 500,000 KW will be constructed. The region is the largest industry complex in central Hokkaido area, which is located in northern part of Japan. In association with the plan, the company concluded a basic agreement with Hokkaido Gas Co., Ltd. concerning the shared use of the Ishikari LNG Terminal that will be constructed by Hokkaido Gas. Hokkaido Electric started planning to incorporate LNG-fired power station in March 2011 for the purpose of fuel diversification and decided to build LNG-fired thermal power plant in Ishikari New Port Region which is close to electricity consuming area and upgrading infrastructure. If environmental assessment procedure goes smoothly, the construction work will be able to start in FY 2015. LNG, which is used as fuel for power generation, will be procured by Hokkaido Electric from overseas countries and received at Ishikari LNG Terminal based on the agreement to share use of the terminal. These LNG cargoes are expected to be stored in LNG tanks that will be newly constructed in terminal. After that, the LNG will be transported through pipelines to the power station. The LNG tanks will be constructed in expansion area at the site of Ishikari LNG Terminal. Hokkaido Electric plans to increase its capacity of LNG-fired power generation up to about 1.6 million KW in the future. For that purpose, two or three LNG tanks are anticipated to be built. According to Hokkaido Electric, it has not yet decided its procurement sources as a agenda to be examined in the future. Incidentally, Hokkaido Gas and Tokyo Gas Co., Ltd. have signed sales and purchase contract for LNG over 11 years. Annually 300,000-400,000 MT of LNG is scheduled to be received at the terminal from FY 2012 when Ishikari LNG Terminal goes on stream. |
| last modified : Mon 17 Oct, 2011 [12:13] |