|The Mexican Senate has approved far-ranging electoral reforms that open the path for energy sector reforms to follow, allowing state-controlled energy major Pemex to open up the sector to private investors. The bill has now been passed to the lower house of the Mexican parliament for review, with a vote expected by 15 December 2013.|
US power producer Duke Energy has completed the conversion of its 625 megawatt L.V. Sutton power plant in Wilmington, North Carolina and has now started commercial operations running entirely on natural gas. The plant previously had three units generating 575 MW of coal-fired power and has been converted at an estimated cost of $600 million.
Power producers in the United States opt to build new gas-fired power plants or undertake coal-to-gas conversions rather than extending operations of nuclear reactors. Uncertainty over the continued operation of 38 out of a total of 100 reactors in the U.S. may threaten energy security, the American Physical Society warns.
The market volume of the global steam turbine sector is forecast to grow to $19 billion in 2020, up from $14 billion this year, as energy-hungry countries prefer thermal power and steam installations over renewables, according to Global Data analysis.
An announcement on whether the UK government will co-fund research for the world's first Carbon Capture and Sequestration (CCS) project for gas-fired power is expected 'early in the new year,'sources have told Gas to Power Journal.
Initial funding of at least £20 million would provide for Front End Engineering Design (FEED) studies at Shell's Peterhead site in the North of Scotland to analyse and de-risk the costs of commercialising CCS technology.
U.S. power producer, Kentucky Power, has applied for a Certificate of Public Convenience and Necessity (CPCN) to convert the company's Big Sandy Power Plant from coal to gas power. The filing is currently under consideration by the Kentucky Public Service Commission (KPSC) and relates to Unit 1 of the plant, located near Louisa, Kentucky.
Representatives of the Philippines House of Congress will start investigations into a proposed electricity rate increase of P4.15 per kilowatt-hour (~$1/kWh) by state utility firm Manila Electric Co (Meralco), the government committee on energy has stated.
South Korea's demand for natural gas set to grow 1.75 on average to reach 35.3 million metric tons of oil equivalent in 2035, up from growth rates of 23.7 mtoe in 2011, sparked by a doubling of electricity consumption, according to projections of the Ministry of Trade, Industry and Energy.
Nigerian operator, Azura Power Holdings Ltd will receive funding of $130million from the investment company American Capital Energy & Infrastructure (ACEI). Azura is developing the Azura-Edo gas-fired power plant in Edo State, Nigeria and the funding is expected to be primarily for this project.
Denmark's state-owned Dong Energy announced today it has sold its gas-fired Severn power station (832 MW) in South Wales to a consortium of investors led by Australia's Macquarie Group for £350 million in cash.