[E&E seminars] TODAY-Environmentally-friendly Power Generation in Cyprus

[Karen Gibson]

Towards More Environmentally-friendly Power Generation in Cyprus

Constantinos Hadjistassou
PhD Candidate in Engineering Science
University of Oxford, UK

Monday, September 10
12:30 pm
E40-496

Following its accession in the EU, in 2004, Cyprus is called to  
reduce its greenhouse gas (GHG) emissions by ~40%, of its 1990  
levels, over the 2008-2012 period. With virtually all the electricity  
of the island produced by Heavy Fuel Oil (HFO) power generation,  
which accounts for 60% of the GHG emissions, is a prime candidate for  
considerable environmental improvement. Mainly due to its ecological  
nature, lower cost, and higher energy efficiency, natural gas is the  
preferred choice of the government for electricity generation. To  
meet the strict time-frames of reducing emissions, the government has  
decided to import liquefied natural gas (LNG) using a Floating,  
Storage and Re-gasification Unit (FSRU). With currently no such  
marine vessel in operation in the world the FRSU venture poses a  
plethora of risks. In this talk we will propose a strategy for  
framing the problem and suggest methods for addressing it. More  
specifically, we present a methodology for cost evaluating the  
project and highlight the technical and contractual challenges for  
its successful realisation.

Lunch will be provided.


________________________________________________________

Karen  L. Gibson
MIT Laboratory For Energy and the Environment
77 Massachusetts Avenue, E40-469
Cambridge, MA 02139  USA
(1 Amherst St., E40-469, Cambridge MA 02142 - for DHL and FedEx)
Tel:  +1 617 258-6368; Fax:  +1 617 258-6590
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