Projects & Finance

India’s state-run North Eastern Electric Power Corporation (Neepco) has been forced to delay and downscale its combined-cycle gas power project at Monarchak after ONGC more than halved gas supply.  This meant that the 500 MW project could only be realized based on a 65.42 MW gas turbine and 36.25 MW steam turbine – ready to start as and when there'll be fuel.

Advanced Power has struck a financing deal with BlackRock’s Alternative Solutions Group, who committed to shoulder 10% of the investment of the 1,000 MW Cricket Valley combined-cycle gas power plant. Construction of the CCGT is slated to start in Q4-2016.

Shougang Jingtang Iron & Steel Co. of China has awarded an order to Mitsubishi Hitachi Power Systems (MHPS) to deliver one train of blast-furnace-gas (BFG) fired gas turbine equipment for a CCGT that Shougang Jingtang plans to build in Hebei Province.

Charlotte-based Duke Energy plans to retrofit its two Cliffside coal power plants to enable them to also burn natural gas. If successful and cost-efficient, the utility will also make similar modification at most of its remaining coal-fired plant fleet by spring 2019.

Pacific Gas and Electric Company (PG&E) is working with GE on a pilot project on effective Distributed Energy Resource Management (DERM) in California. The aim is to maintain reliable operation of the distribution network with the increase in distributed energy through solar photovoltaic (PV) and battery storage.

Energy Solutions is investing $2 billion in three gas power projects in West Virginia. The $615 million Moundsville Power plant, realised together with equity partner Quantum Utility Generation, is scheduled to start operation in summer of 2019; while the Harrison and Brooke plant projects are still at a preliminary stage.

Mississippi Power has once again pushed back the in-service date of its Kemper County integrated gasification combined cycle (IGCC). Start-up of the entire system is now due on October 31, but the operator stressed that power plant portion, or the "back end" of the project, is already in service.

Modules for the first heat recovery steam generator (HRSG) for Siemens’ mega-project in Egypt have begun their journey from South Korea to the Beni Suef power plant. On its arrival in mid-September, the boiler will be installed at the 4.8GW plant which is due to be fully operational in 2017.

Centrica has received planning permission to build a 50 MW gas power plant at Peterborough which will mainly operate during peak demand periods. Capable reach full load within five minutes, the plant will provide backup power to help balance the grid.

Seeking to grow its foothold in the US Midwest, GE’s Distributed Power has established an agreement with Clarke Energy to serve as GE’s authorised distributor of Jenbacher gas engines in Iowa, Illinois, Indiana, Minnesota, Michigan and Wisconsin.

Within just a few weeks, Siemens has secured orders for nine compact steam turbines from customers in Great Britain and the United States. These latest orders mirror the “growing demand for small units to serve distributed power solutions,” Siemens’ Volker Neumann commented.

Plans to realise one of Nigeria’s largest power projects – a 1,000 MW gas-fired plant in the Niger Delta – have been suspended by Transnational Corp with reference to gas shortages. “How do you make the investments when you are generating far below your current capacity due to gas problems,’’ CEO Emmanuel Nnorom told reporters.

Construction of Duke Energy’s 1,640 MW Citrus County CCGT is getting underway, with foundation work having started for the first steam generator and HRSG. Ground was broken in early March with a view to getting the first 820 MW power unit operational in spring 2018.

Japan’s Saibu Gas has called off plans to start construction of an LNG-fired power plant, saying the 1,600 MW project was “postponed” – some observers say indefinitely. The decision was made after Kyushu Electric hesitated to sign a power purchase agreement.

Eight Flags Energy, Chesapeake’s latest CHP baseload power unit, is now in full operation and produces enough electricity to meet half of Amalia Island’s demand. All steam output is sold to Rayonier for use in its nearby pulp and paper mill. The CHP is expected to generate $3.7 million in margin in 2016, and $7.3 million on an annual basis.