Strike Energy approves South Erregulla gas power plant project
Strike Energy has announced a final investment decision (FID) to proceed with the South Erregulla gas power plant in Western Australia. The 85 MW facility will supply firming power to the South West Interconnected System through the existing 132 kVa transmission line between Geraldton and Three Springs. The project’s FID was bolstered by improved economics due to increased projected plant utilization and high future capacity credit prices. Utilization is expected to rise from 18.8% to…