Daily News

Wintershall, Germany’s biggest crude oil and natural gas producer, has abandoned plans to carry out further scientific research into shale gas in the “Rheinland” and “Ruhr” approved fields in the German province of North Rhine-Westphalia. 

Singapore is to introduce a carbon tax on large direct emitters of greenhouse gases, including power stations from 2019. The tax is expected to affect between 30 and 40 emitters.

Tokyo Electric (Tepco) and Chubu Electric have decided to fully integrate their thermal power operations within two to three years. The operations, which account for half of Japan’s total thermal power capacity, will be brought together under the auspices of Jera Co. - a thermal power and fuel company jointly set up in 2015.

Wednesday, 08 March 2017 07:50 / Markets

UK receives LNG from Peru and Dominica

An end-of-winter slew of LNG arrivals to the UK includes the first ever cargoes from the Dominican Republic and Peru.

German gas production fell by 8.1% to 7.9 bcm in 2016, down from 8.6 bcm in 2015, according to industry association BVEG, which released the figures on March 2nd. German gas producers have been trying to maintain production, but face dwindling conventional reserves.

UK gas and power regulator, Ofgem, is proposing to cut the embedded subsidies enjoyed by smaller distributed generators, down from the current level of around £45/kW – double the clearing price for the 2016 Capacity Market auction – to just £2/kW. The changes could come as a blow to many smaller gas fired plants, which make up a significant share of such generators.

Siemens and its Dresser-Rand business is to supply four Siemens SGT-700 industrial gas turbines, to drive compressor trains and a power plant at the Liwa Plastics Industrial Complex project in Oman.

The US maintained record levels of liquefied natural gas (LNG) exports in February, with a total of 15 cargoes headed overseas, according to the US Energy Information Administration (EIA). The number follows on from record high levels in the previous two months.

Last week finally saw an agreement between European Union national governments on the future of the Emission Trading System (ETS) carbon market, after talks that lasted 18 months. The deal could be bullish for gas demand, with the number of carbon credits constrained as the 2020s progress, adding to the cost of coal fired power generation, and making gas – which emits less than half the CO2 of coal – more attractive.

Monday, 06 March 2017 08:15 / Markets

BP buys into biogas

BP has brought into the biogas sector, snapping up Clean Energy Fuels Corp's biomethane production assets for $155 million on March 1st. The move further expands its gas supply portfolio in the US and reflects a strategic shift toward less carbon-intensive projects.

BP said in a strategy update on Feb 28th that it was exploring new investments in low-carbon forms of energy, a part of the industry in which it sees significant future business potential.

ABB has successfully commissioned Denmark’s first urban energy storage system. The Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in the new harbour district of Nordhavn, Copenhagen.

 German chancellor Angela Merkel and Egyptian president Abdel Fattah El-Sisi have symbolically inaugurated the first phase of Siemens' Megaproject in Egypt on March 2.

“The event marks an important milestone towards the completion of the project, which will boost the country's power generation capacity by 45% when finished” Siemens said.

A new decree regulating auctions for bundled regasification and storage capacity for industrial players has been published on Italy's Official Gazette on February 24.

Enel, through its US-based subsidiary Enel Green Power North America, has become partner of Energy Excelerator, an incubator for clean energy start-ups based in Hawaii.

MAN Diesel & Turbo has inked a training contract with Gabon’s public development company for power and water, Societe du Patrimoine, to train the staff of the Cap Lopez power plant, located close to Port Gentil, Gabon.

News in Brief

Caterpillar launches new gas genset

April 21 – Caterpillar has launched the latest model of its CAT G3512 natural gas-fired genset that features a 12-cylinder engine, rated for continuous power at 750 kW or 1000 kW at 60 Hz. The onsite power equipment is targeted at flexible applications in the North American non-emergency market, both for standby and load-management operations, Caterpillar said. The company just moved its global headquarter back to Deerfield, Illinois, abandoning its offices in downtown Chicago.

 

Toshiba wins 1GW order in Indonesia

April 20 – Toshiba has been contracted to install two 1,000MW ultra-supercritical steam turbines and generators for the Tanjung Jati B unit 5&6 Expansion project in Indonesia. Delivery of the main equipment will start from 2019, and commercial operation is scheduled for 2021.
For units 1-4 of the same plant, Toshiba supplied four 660MW steam turbines and generators earlier, so its latest win at Tanjung is a follow-up order.

Ingersoll Rand to unveil CARE Suite at Hanover Fair

April 19 – New Ingersoll Rand CARE Suite service offerings have been showcased at Hanover Fair today. Industries are looking for ways to increase reliability and reduce energy use, as pressure mounts on regulatory compliance, cost-efficiency and meeting customer demands. “High-quality reliable air and gas compression helps industries increase their profitability and competitiveness,” Eric Seidel, VP product management at Ingersoll Rand said. He pointed out that compressed air equipment can last for decades, and “our service suite of offerings is suited to help customers improve uptime and reach their reliability and energy use goals.”

TESS heats up energy storage debate

April 18 – The ‘1414 Degrees prototype’ of the patented thermal energy storage system (TESS) has been built in the Tonsley Park Innovation Precinct in Adelaide. Inside the unit elements heat silica in receptacles to its melting point, 1414 degrees Celsius, where it has “a large energy capacity associated with every unit of silica,” he says. The elements require energy to get sufficiently heated up and supply spikes from renewable energy sources would fit the bill.

Latest EIA statistics show US gas output drop of 2% for 2016

US gas consumption rose 1% and production fell 2% in 2016, according to the March 2017 Monthly Energy Review (MER), from the US Energy Information Agency (EIA).

Rumours of Engie bid interest in Innogy

According to reports in Bloomberg, French utility, Engie, is considering a bid for German renewable energy utility Innogy, which is majority owned by RWE. Other sources claim this is not the case.

RWE holds a 76.8% stake in Innogy, which had a market value of about €18.6B ($19.8B) before the reported interest.
Bloomberg said that the former French natural gas monopoly was speaking to advisers and had not made a final decision about whether to proceed. The French government has been reducing its holding in Engie but still owns a 29% stake.
However, other sources reported that Engie was not interested in making a bid. French BFM TV, quoted a source close to Engie: "We have no interest in being a minority shareholder in a big company that already has a controlling shareholder."

EIA: Warm weather leads to first recorded natural gas storage injection in February

Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24th, the amount of natural gas in storage in the Lower 48 states increased by 7 Bcf.

Engie acquires UK regeneration business

March 3 - France's Engie has signed an agreement to acquire the regeneration business of Keepmoat, a UK’s provider of regeneration services for local authorities.

The company specialises in the design, refurbishment and upgrade of buildings and places.

The acquisition, worth at £330 million “is in line with ENGIE’s strategy to be leader of the energy transition in the world” by developing “integrated and innovative solutions for its clients” Engie said.
 

ABB divests high-voltage cable business

March 2 - ABB has completed the divestment of its high-voltage cables and cable accessories businesses to NKT Cables.

The divestment, which was announced in September 2016, is in line with ABB’s commitment to active portfolio management, the company said.

As part of the strategic partnership, ABB and NKT Cables will work together on future project opportunities and R&D, it said.

Engie, Schneider Electric ink digital solutions MoU

March 1 - Energy management and automation specialist Schneider Electric and French energy company Engie have signed a memorandum of understanding “to explore and deploy new digital solutions” for operational efficiency of renewable assets (wind and solar PV).

Under the MoU, Engie looks to leverage Schneider Electric's software, including Supervisory Control and Data Acquisition (SCADA), Engie said.

Asset management, remote monitoring and diagnostics and cybersecurity in a complex ecosystem will also be investigated as part of the agreement, it added.

IoT network reaches 95% coverage in Singapore

Feb 28 - French energy company Engie, together with communication services provider Sigfox and technology company UnaBiz jointly announced that they have reached a milestone in the deployment of the first Internet of Things (IoT) network in Singapore, achieving 95% outdoor coverage across the island.

This network, which is “the first of its kind in Southeast Asia” is set to “help improve energy efficiency, facility management and customer-centred solutions for businesses in the region” with the capacity to support over 100 million connected devices while maintaining high network reliability and security, Engie said.

Tap “strategic” for Italy's energy system: industry ministry

Feb 27 - The Trans Adriatic Pipeline project and the partnership with Azerbaijan are “strategic” for Italy's energy system, the Italian energy ministry reiterated February 27.

The statement came after a meeting in Baku between Italy's industry minister, Carlo Calenda and the president of Azerbaijan, Ilham Aliyev.

The ministry said once completed, Tap will strengthen the energy collaboration between the two countries. It added Italy was also evaluating business opportunities for Italian companies in the country, as some twenty major Italian companies accompanied the minister in its visit to Azerbaijan, including Telecom Italia Sparkle, Danieli, Ferrero, CNH and Enerco.

IEA, Australia discuss energy security

Feb 24 - IEA's executive director Fatih Birol and Australia's prime minister Malcolm Turnbull have met in Sidney on February 24 as part of an official visit to Australia.

They discussed Australia's domestic energy situation and its options to ensure affordable, reliable and secure energy as it works towards its commitments to reduce carbon dioxide emissions under the Paris climate change treaty.

Their talks also covered prospects for carbon capture and storage and the role Australia is playing as a major energy exporter, particularly in Asia, IEA said.

Southern gas corridor advisory council meets in Baku

Feb 23 - Energy ministers of countries involved in the Southern Gas Corridor initiative and representatives of EU institution have started the third ministerial meeting of the Southern gas corridor advisory council on February 22 in Baku, Azerbaijan.

The meeting was also attended by EU Commission vice-president for energy union, Maros Sefcovic.

The event was expected to focus on the financing of the project, among other things, with the participation of representatives of the World Bank and European bank for reconstruction and development (EBRD), according to a statement from the Azeri energy ministry.

Gazprom inks contract for construction of TurkStream second string

Feb 22 - South Stream Transport and construction company Allseas Group have signed a contract to build the second string of the TurkStream gas pipeline’s offshore section.

South Stream, which is responsible for the construction of TurkStream’s offshore section, is a wholly-owned subsidiary of Gazprom.

TurkStream is the project for the construction of a transit-free export gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey’s border with neighbouring countries.

The first string of the gas pipeline is intended for Turkish consumers, while the second string will deliver gas to southern and southeastern Europe. Both will have a throughput capacity of 15.75 billion cubic meters of gas per year.

In October 2016, Russia and Turkey signed the Intergovernmental Agreement on the TurkStream project.

World's first purpose-built LNG bunkering vessel delivered

Feb 21 - Engie, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction at the Yeongdo shipyard in Busan, Korea.

Zeebrugge in Belgium will be the home port of the vessel.

From there, the 5,000 m3 LNG capacity LBV will supply LNG as a marine fuel to ships operating in Northern Europe, Engie said.

BNetzA consults on underground power cabling

Feb 20 - Germany's regulator Bundesnetzagentur has launched a public consultation, which closed on February 13, on documentation requirements for TSOs in order to install new direct current (DC) power lines underground. 

According to recent legislation in Germany, underground cabling should have priority for new projects.

BNetzA said “the aim is to increase public acceptance and, consequently, speed up grid expansion' adding that the use of overhead lines will be considered “only in exceptional cases.”