I would like to share with you all about the meaning of co-generation and an important plan by Saudi Arabia(leading oil hub).

Saudi Arabia?s oil giant Saudi Arabian Oil Co. , known as Saudi Aramco, has signed three new energy conversion agreements (ECAs) with Marubeni Corporation, JGC Corporation and Aljomaih Energy and Water Company-to become more energy efficient and environment friendly.

The contracts involve the construction and operation of efficient co-generation plants at three major oil and gas complexes in Saudi Arabia. Upon completion the new co-generation power plants will efficiently provide electricity and steam needs at the company?s Abqaiq, Hawiya and Ras Tanura facilities.

The co-generation plants will generate a total of approximately 900 megawatts of power and 1,500 tons of steam per hour when they come on stream in 2016. Co-generation technology, relative to conventional steam and power generation, is more energy-efficient for producing power and steam because it uses less fuel, and it lowers emissions for better environmental performance. Co-generation technology has a thermal efficiency of more than 80 percent compared to conventional generation thermal efficiency of 40-50 percent.

It is one of the most important types of projects aimed at improving energy efficiency in the Kingdom. Not only will the region  meet it?s own power needs, but will deliver efficient power with excellent technology and high efficiency in energy consumption and environmental performance.