Hassyan Clean-Coal Power Project

Part of the Global Oil and Gas Plant Tracker, a Global Energy Monitor project.

Download full dataset

Report an error

Related categories:

Oil & Gas power stations Health Effects of Gas Plants Oil and gas extraction Oil and gas pipelines LNG terminals

Part of the Global Coal Plant Tracker, a Global Energy Monitor project.

Download full dataset

Report an error

Related coal trackers:

Global Coal Mine Tracker Global Coal Terminals Tracker Global Coal Project Finance Tracker

Hassyan Clean-Coal Power Project (محطة حصيان لإنتاج الطاقة) is an operating power station of at least 2400-megawatts (MW) in Jebel Ali, Dubai, United Arab Emirates with multiple units, some of which are not currently operating. It is also known as Hassyan Power Complex, Hassyan Power Plant.

Location

Table 1: Project-level location details

Plant name	Location	Coordinates (WGS 84)
Hassyan Clean-Coal Power Project	Jebel Ali, Dubai, United Arab Emirates	24.911516, 54.915494 (exact)

The map below shows the exact location of the power station.

Loading map...

{"type":"HYBRID","minzoom":false,"maxzoom":false,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"mappingservice":"googlemaps3","width":"600px","height":"500px","centre":false,"title":"","label":"","icon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"visitedicon":"","wmsoverlay":false,"zoom":16,"layers":[],"controls":["pan","zoom","type","scale","streetview","rotate"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"resizable":false,"kmlrezoom":false,"poi":true,"cluster":false,"clustergridsize":60,"clustermaxzoom":20,"clusterzoomonclick":true,"clusteraveragecenter":true,"clusterminsize":2,"imageoverlays":[],"kml":[],"gkml":[],"searchmarkers":"","fullscreen":false,"scrollwheelzoom":false,"locations":[{"text":"","title":"","link":"","lat":24.911516,"lon":54.915494,"icon":""}]}

Unit-level coordinates (WGS 84):

• Unit 1, Unit 2, Unit 3, Unit 3 (gas), Unit 4, Unit 4 (gas), Unit 5, Unit 6: 24.911516, 54.915494

Project Details

Table 2: Unit-level details

Unit name	Status	Fuel(s)	Capacity (MW)	Technology	CHP	Start year	Retired year
Unit 1, timepoint 1	Retired	coal: unknown	600	ultra-supercritical	no	2020	2022
Unit 1, timepoint 2	Operating	fossil gas: natural gas	600	steam turbine	no	2022	–
Unit 2, timepoint 1	Retired	coal: unknown	600	ultra-supercritical	no	2021	2022
Unit 2, timepoint 2	Operating	fossil gas: natural gas	600	steam turbine	no	2022	–
Unit 3	Cancelled	coal: unknown	600	ultra-supercritical	no	–	–
Unit 3 (gas)	Operating	fossil gas: natural gas	600	steam turbine	not found	2023	–
Unit 4	Cancelled	coal: unknown	600	ultra-supercritical	no	–	–
Unit 4 (gas)	Operating	fossil gas: natural gas	600	steam turbine	not found	2023	–
Unit 5	Cancelled	coal: unknown	600	ultra-supercritical	–	–	–
Unit 6	Cancelled	coal: unknown	600	ultra-supercritical	–	–	–

CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.

Table 3: Unit-level ownership and operator details

Unit name	Operator	Owner	Parent
Unit 1, timepoint 1	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 1, timepoint 2	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 2, timepoint 1	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 2, timepoint 2	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 3	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 3 (gas)	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 4	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 4 (gas)	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 5	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]
Unit 6	Hassyan Energy Phase I	Hassyan Energy Phase I PSC [100%]	Dubai Electricity and Water Authority PJSC [51.0%]; ACWA Power Co [27.0%]; Harbin Electric Corp [8.9%]; The Silk Road Fund Co Ltd [7.4%]; Shareholders of overseas listed foreign shares [5.8%]

Unit-level fuel conversion details:

Unit 1: Converted from coal to fossil gas in 2022.

Unit 2: Converted from coal to fossil gas in 2022.

Project-level coal details

• Coal source(s): Imported, imported

Financing

• Source of financing: phase 1: US$2.43 billion in debt from Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Construction Bank, Silk Road Fund, First Gulf Bank, Union National Bank, Standard Chartered Bank, National Commercial Bank, Commercial Bank International and Emirates NBD; US$650 million in equity from Dubai Electricity & Water Authority, ACWA Power, Harbin Electric, and Silk Road Fund

Background

Hassyan was a planned 3,600 MW coal-fired power station by state-owned Dubai Electricity and Water Authority (DEWA), to be built in two phases, Phase I of 2,400 MW and Phase II of 1,200 MW. According to reports in August 2016, the 2,400 MW project would be fully operational in March 2023.

The station was reportedly a reworked version of earlier plans to build a US$1.3 billion gas-fuelled Hassyan power and water project, which DEWA put off indefinitely in April 2013. Upon completion, the project was set to be the first, and perhaps last, coal-based power plant in the region.

Phase I: 4 x 600 MW

The project was announced in August 2013, with Phase I described as 1,200 MW in size.

In September 2014, Dubai's state utility, Dubai Electricity and Water Authority (DEWA), said that it had shortlisted eight international developers to send bids for the first phase of the project.

In May 2015, DEWA was still deciding between four bidders, with Saudi Arabia's ACWA Power submitting the lowest bid and pledging to develop the plant for DEWA in return for US$5.177 cents per kWh.

In October 2015, DEWA said Harbin Electric of China would build the plant while those companies as well as Saudi Arabia's ACWA Power would operate it. The deal was for a levelised cost of energy tariff (LCOE) of 4.501 cents a kilowatt hour (kWh).

The deal was initially for 1,200 MW, but the developer consortium signed the PPA in June 2016 for a 2,400 MW coal-fired facility, which could comprise of four 600 MW units.

Construction of the US$3.4bn power plant commenced in November 2016. The four 600 MW units were expected to start operations in 2020, 2021, 2022 and 2023 respectively. In the summer of 2016, a contract was awarded for the 200 kV substation.

In June 2020, China-based Xinhua News reported that Unit 1 had achieved synchronization. In July 2020, it was reported that Unit 1 had begun full-load trial operations. The new unit was expected to be commissioned in 2021.

Hassyan's first 600 MW unit was connected to the grid in November 2020, according to contractor Harbin Electric, with steam blowing at the second 600 MW unit in early March 2021. The second unit was reportedly completed on May 3, 2021.

As noted below, the plant reportedly began relying exclusively on gas in February 2022.

Phase I Financing

The companies were in talks for a loan to finance the project with Chinese-state owned credit agency Export-Import Bank of China and lenders including Industrial and Commercial Bank of China, Bank of China, Standard Chartered, Abu Dhabi's First Gulf Bank and Saudi Arabia's Samba Financial Group.

In December 2016, financing for over US$3 billion was secured. A loan amount of US$2.43 billion was provided by a consortium of banks, including Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Construction Bank, Silk Road Fund, First Gulf Bank, Union National Bank, Standard Chartered Bank, National Commercial Bank, Commercial Bank International and Emirates NBD. US$650 million in equity was provided by Dubai Electricity & Water Authority, ACWA Power, Harbin Electric, and Silk Road Fund. The financial advisors for the deal include EY, HSBC, and Deloitte.

Phase II: 2 x 600 MW

According to the Pakistan publication PK, DEWA planned to launch a tender for a 1,200 MW coal IPP in Dubai in November 2017.

On February 21, 2019, Thomson Reuters reported that DEWA will wait for its Hassyan 1 & 2 units to be completed before deciding whether to push ahead with phase II. The decision came as Asian coal prices jumped from US$50 a tonne in early 2016 to US$120 in 2017, and then US$90 in 2018.

In February 2022, the MD & CEO of DEWA stated the following about Phase I's full conversion to gas:

"This step supports the vision and directives of the wise leadership to turn Dubai into a carbon-neutral economy. This also supports the Dubai Clean Energy Strategy 2050 and the Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power capacity from clean energy sources by 2050. The move also supports our efforts to diversify energy sources and secure energy supplies to ensure providing electricity services according to the highest standards of reliability, availability and efficiency."

Given statements regarding Phase I, Phase II will presumably exclude coal. The coal proposal was presumed cancelled.

Gas conversion

In February 2022, HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, approved the decision of the Dubai Electricity and Water Authority (DEWA), with the agreement of the Hassyan Energy Company, to convert the 2,400MW Hassyan Power Complex in Dubai from coal to natural gas.

According to reporting from February 2022, the Hassyan Power Complex was initially "designed and built-for-purpose as a dual-fuel plant with the ability to operate full-time on both natural gas and 'clean' coal," but now relied only on natural gas. ACWA Power's website, however, stated that the plant was originally designed to run on coal but then switched to gas. Unit 3 was expected by Q4 of 2022 and Unit 4 by Q3 of 2023.

May 2022 reporting confirmed that the project had progressed without the use of coal. Unit 3 of the plant was brought online, and all units of the power station are scheduled for commercial operation by 2023. The project will provide 20% of Dubai's energy needs.

Articles and Resources

Additional data

To access additional data, including interactive maps of the power stations, downloadable datasets, and summary data, please visit the Global Coal Plant Tracker and the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.