Members of LGE
management team have an excellent track record in identifying, planning and implementing innovative green energy projects in Eastern Europe.
This 80 mWe hydro power plant project in Bulgaria was designed to effectively avoid 228,000 tons of CO2 emissions every year from commissioning, and in 2003 was named Deal of the Year by Euromoney magazine. Tsankov Kamak was the first project to be implemented under the Joint Implementation (JI) mechanism of the Kyoto Protocol based on a Memorandum of Understanding between Bulgaria and Austria.
Maritza East III
The rehabilitation of this 840 mWe lignite power plant in Bulgaria included environmental mitigation technologies to capture SO2 and other local gases, and contributed to reductions in greenhouse gases through enhanced combustion efficiency.
Dolna Alda Cascade
The rehabilitation of 3 existing HPP’s and the addition of another unit to the cascade is expected to add another 63.6 gW hours annually resulting in an estimated 267,465 tons of equivalent CO2 reduction between 2008-2012 through this JI program.
Capacity Factor Improvement Program
Raised the average availability of 13 remaining nuclear power plants in Ukraine (after Chernobyl) from 65% to over 80%, effectively adding the equivalent of two additional 1,000 mWe plants to the grid within 2 years of project recommendation implementation.