Guyana Outdoor Power Plant

Will Guyana build a second power plant?

A second power plant would be constructed at 300 MW and the NGL production would be boosted by up to 6,000 b/d. The Guyana government received bids to construct the onshore plants for the second phase, and is yet to make a decision on a contractor.

When will Guyana start a gas-to-energy project?

It was first published on December 29, 2024. The Guyana government is working closely with a contractor to ensure the Gas-to-Energy project is completed for start-up in mid-2026, making cheaper, lower-emission power available for the country. Let’s examine the various aspects of this project network, so you can stay in the know.

Does Guyana have a potential for hydropower generation?

Guyana has a massive but yet unrealized potential for hydropower generation. Hydropower generation capacity has been estimated at 7,600 MW, that is, more than 30 times the current installed capacity in the country.

Will Guyana's gas-to-energy project reduce electricity bills?

Guyana’s consumer rates for electricity are among the highest in the region. The government says the Gas-to-Energy project will provide the fiscal space needed to cut power bills by 50%. Replacing imported heavy fuel oil (HFO) with Guyana’s natural gas as the main source of electricity generation will significantly reduce emissions.