Swiss Company Raetia Energy Announces Construction of 45-Megawatt Hydropower Station

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Researched by Industrial Info Resources (Sugar Land, Texas)--Swiss energy company Raetia Energie (Poschiavo, Switzerland) recently announced a hydropower project in Switzerland. The power plant group in the region of Praettigau, in the canton of Graubunden, will be expanded with the construction of the Chlus station. The 45-megawatt (MW) facility in Chlus near Landquart will use the lowest reach of the river in the Praettigau between Kueblis and Landquart.

The company is working on the concession project and expects to receive the permits in 2010. Construction is planned to begin in March 2011, with completion scheduled for March 2014. Raetia Energie will invest $185 million in the project.

The power plant will be equipped with two 22.5-MW Hydro Turbines. The tenders for equipment, a contractor and subcontractors will be opened by mid-year 2010.

The Chlus hydropower station is the second project of Raetia Energie in Switzerland. The company also plans to construct a 1,000-MW pumped-storage hydropower plant in the valley of Puschlav in Switzerland's canton of Graubunden. The company will invest $1.45 billion in the power plant project. For details, view related September 23, 2009, article - Swiss Company Raetia Energy Plans Pumped-Storage Hydropower Station.

Raetia Energie is an international electricity company based in Switzerland. It operates along the entire value chain, from trading, production, transmission and distribution to sales. In 2008, Raetia Energie sold more than 12 terawatt-hours of electricity. Proprietary production came to about 2.5 terawatt-hours in 2008. The group has generation assets in Switzerland (hydropower) and Italy (combined-cycle gas power plant and wind power).

In 2008, Swiss power plants generated 66,967 gigawatt-hours of energy, 63,147 gigawatt-hours of which were used within the country; 2.3% more than in 2007. Nuclear power plants produced 39%, storage power stations produced 31.2%, and river power plants produced 24.9%. The Swiss energy market is expected to change due to the market deregulation which became operative in January 2009.

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