Siemens Energy to Build Condenser Plants in Estonia
December 16 2020 - 6:26AM
Dow Jones News
By Joshua Stein
Siemens Energy AG said Wednesday that it has signed a contract
with Estonian transmission system operator Elering AS to build
three synchronous condenser plants in the north of Estonia.
The German energy company said the three 330-kilovolt plants
will provide short-circuit power to the national energy grid and
provide or absorb reactive power. It will also help manage the
integration of renewable energy sources.
Each of the new plants will provide the grid with up to 1,750
megawatt-seconds of inertia, the company said.
Siemens Energy will be responsible for the design, supply and
installation of the plants, which will be commissioned successively
between April 2023 and May 2024.
Siemens Energy didn't disclose the financial terms of the
agreement.
Write to Joshua Stein at joshua.stein@wsj.com
(END) Dow Jones Newswires
December 16, 2020 06:11 ET (11:11 GMT)
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