Guyana's GTE Project to Reach 300MW Capacity by Mid-2027, Delaying Electricity Cost Reductions
The Gas-to-Energy (GTE) project in Guyana will not achieve its full capacity of 300 megawatts until mid-2027, according to consultant Winston Brassington. The initial output will be 228MW from four gas turbines by the end of 2026. The project's timeline raises concerns over the government's promise to cut electricity costs by 50%. Additionally, Phase Two of the GTE project is set to begin this year, which includes an expansion to 600MW and various industrial developments in the Wales Development Zone.
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The Gas-to-Energy (GTE) project in Guyana will not reach its full capacity of 300 megawatts until mid-2027, as revealed by consultant Winston Brassington. The contractor, Lindsayca, is expected to deliver 228MW from a simple-cycle configuration by the end of 2026.
The full 300MW output will only be available in 2027, raising concerns about the government's commitment to cut electricity costs by 50%. Additionally, Phase Two of the GTE project will start this year, with plans for a Natural Gas Liquids plant and expansion to 600MW. Five firms have been prequalified to bid for this phase, which will develop the Wales Industrial Estate.
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