The heads of Germany's grand coalition have agreed on a solution to ensure the continued operation of E.ON's modern but unprofitable gas power plant in Irsching, Bavaria. As part of a "reserve capacity for southern Germany", up to 2 GW of fast-ramp, flexible capacity will be put in place by 2021.
Hit by plunging gas demand for power generation as Indonesia's economy slows, a $400 million floating plant for regasifying LNG has been sitting idle coast for almost six months despite only being commissioned last summer.
Amid uncertainty over new US environmental rules, Dominion Virginia Power is evaluating how to best transition to new ways of generating electricity. Its short-term energy plan includes natural gas and some renewables.
The American division of the Spanish utility Iberdrola has agreed with Mexico's Federal Electricity Commission to invest $5 billion in energy projects by 2018. First in line is a CCGT which Iberdrola would supply with gas, connect to the grid and purchase all electricity it generates.
Cornerstone of China's the $40 billion plan to power the 2008 Olympics was the Taiyanggong Thermal Power Station (780 MW). Now, GE has been selected to help reduce the operational costs and environmental impact through and upgrade of two gas turbines at the plant.
Azito Energie has celebrated the commercial start-up of Phase 3 of its 430 MW combined-cycle gas turbine power plant in Abidjan. As one of the most efficient plants in West Africa, the CCGT will provide 25% of Côte d'Ivoire's total electricity capacity.
Eager to replicate the US shale gas revolution, Canada and more recently Argentina and China are producing commercial volumes of gas from shale formations or crude oil from tight rock. EIA analysts see a big impact of additional shale gas supplies on global LNG prices, but don't see any serious challenge for the predominant stance of US shale gas drillers any time soon.
Wholesale power prices in Ireland are forecast to keep falling over the next three years to a range between €53-58/MWh due to the rise in the number of onshore wind farms. "Continued deployment of onshore wind farms, declining demand on the transmission system, and the return to full service of the Moyle Interconnector will put pressure on prices in the second half of this decade", said Matthew Huxham, assistant VP at Moody's.
The ageing Hamitabat combined-cycle power plant will get its design enhanced by Black & Veatch, which will transform Turkey's first gas-fired power plant into one of the world's most efficient CCGTs. Four combined cycle turbine (2-on-1) units will become two single shaft units.
After its latest request for proposal (RFP) for up to 600 MWs' worth of competitive solar contracts had yielded record low prices, Austin Energy embraces the decline in the cost of solar PV, which is giving solar power an edge when competing with new gas-fired power generation capacity.
The US Supreme Court has ruled against the Obama administration's attempt to limit power plant emissions of mercury and other hazardous air pollutants. In a 5:4 decision, the court ruled that the Environmental Protection Agency (EPA) should have weighed the costs of compliance for curbing emission against potential health benefits.
State-owned IndianOil Corporation has signaled interest to export regasified LNG to a 750 MW combined-cycle power plant in Khulna, in the third-largest city of Bangladesh. India's incumbent has offered to supply up to 250 mmcfd of gas – more than double of what the power plant would need.