The Kenyan government has started negotiations with Qatar to import LNG to fuel a proposed 800 MW power plant and connected LNG re-gasification terminal in the port city of Mombasa. The Dongo Kundu terminal will import 0.24 billion cubic meters (bcm) of natural gas per year and is estimated to cost at least $1 billion.
The high cost of LNG imports to fuel power production in Japan is pushing electricity rates higher with the latest price hike adding ¥25 ($0.24) to bills in June. This will see electricity bills reaching an average ¥8,565 ($84), the highest amount since records began in 2009.
Nigeria needs about 10,000 kilometres of gas pipelines to transport fuel across the country to widespread power plants, GE Nigeria's president and CEO, Dr Lazarus Angbazo said. A lack of stable gas supply and a pipeline network of currently only 1,000 km are undermining continuous operation of much of the country's gas-fired power generation capacity.
U.S. power producer LS Power Equity Advisors has announced it will purchase six gas-fired, combined-cycle power plants in the southeast of the United States from Calpine Corp. The portfolio comes with a price tag of $1.57 billion and has a net capacity of 3,500 MW.
SK Gas, a unit of South Korea's third-largest conglomerate SK Group, has announced plans to venture into the thermal power business by purchasing a 19% stake in Goseong Green Power (GGP) for 171.6 billion won ($165.4 million).
The International Finance Corporation (IFC) is considering providing funding for a 1,260 MW natural gas-fired power plant in Iraq, the bank said in a report on planned investment. The Zakho power plant in in northern Iraq is expected to take 28 months to build with the first two phases costing $782 million.
The Intergovernmental Panel on Climate Change (IPCC) has recognized the key role played by combined heat and power (CHP) in reducing greenhouse gas emissions from energy supply. Industry association COGEN Europe consequentially calls on EU member states to reconsider cuts in national support schemes for cogeneration.
French electricity provider EDF has officially inaugurated a new 1.3 GW gas-fired power plant in West Burton in the UK. The combined-cycle plant may be the first of several new gas plants in the country following the recent government decision to hold capacity auctions in December.
The announcement by state-owned Czech energy company ČEZ that it has cancelled work on the long delayed Temelin nuclear plant upgrade may herald the country's rising reliance on gas-fired plants for power generation. The €12 billion tender for two nuclear reactor upgrades was hoped to reinvigorate the moribund Czech nuclear industry but was cancelled due to a lack of financial certainty in the market.
Calling for bids from interested EPC companies, Namibia Power (NamPower) has started a tender process for the construction of a 250 MW thermal power plant in the coastal Erongo region at an estimated cost of $285 million.
Tennet, one of Europe's top five TSOs, has selected Alstom and Unicorn Systems to provide a flexible energy market management solution to allow for the integration of intermittent renewable energy supply.
A lack of gas supply and high prices at Delhi's Bawana 1,500 MW gas-fired power plant has meant the flagship facility has yet to produce any power for the local network. The economics of gas power have been negatively impacted by a government-backed price hike in April that raised the cost of power to as much as $10/kWh for end users.
Germany's via its trading and gas midstream arm RWE Supply & Trading – is the first European supplier that has started delivering natural gas to Ukraine's state-owned Naftogaz in a bid to help avert a fuel shortage amid escalating tensions with Russia.