Siemens’ Power and Gas (PG) division will be most affected by the Group’s latest round of restructuring which will affect 6,900 jobs, or 2% of the company’s global workforce and 6,100 jobs at Siemens PG. Global demand for large gas turbines, generating more than 100-MW, "has fallen drastically" and is "expected to level out at around 110 turbines a year," the German OEM stated. By contrast, the technical manufacturing capacity of all producers worldwide is estimated at around 400 turbines.
Complying with Israel’s tighter health, safety and environment regulations, PAZ Ashdod Refinery had to revamp existing process gas compressors for hydrogen application. PAZ entrusted Burckhardt Compression to carry out this task which also saw a performance upgrade of compressors by another Original Equipment Manufacturer (OEM).
GE’s Power Services business has signed an agreement with Azito Energie to upgrade two gas turbines at the company’s combined-cycle power plant and help increase power output by up to 30 MW. The project at Azito’s CCGT, located in the Yopougon district of the Ivory Coast, marks GE’s first GT13E2 MXL2 gas turbine upgrade in Sub-Saharan Africa.
Total energy-related carbon dioxide emissions are projected to continue falling for the second year in 2017 but rise slightly in 2018, according to the EIA’s latest Short-Term Energy Outlook. Utilities in Texas and the Midwest are leading the way in cutting emissions by burning less burning coal. In both states a record number of coal-fired power stations were retired, or converted to natural gas.
Angela Merkel’s Christian Democratic Party (CDU) sees the much-debated option of a successive closure of coal power plants as a “last resort to meet Germany’s 2020 climate goals.” However, the timeline of such a coal exit is subject to fierce debate in the ongoing talks to form a coalition government, with the Conservatives stressing the importance of “reliable and reasonably priced power supply.”
LNG imports to Spain jumped 45% in October, spurred by rising demand from industry and the power sector which propelled up the country's total gas imports 29% year-on-year to an equivalent of 37.8TWh. According to data from the Spanish TSO Enagas, most LNG cargoes in October were imported from Nigeria, followed by Algeria.
ITM Power has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) to deploy large scale Power-to-Gas energy storage on the Northern Gas Networks’ (NGN) distribution grid. In a subsequent study, both partners will examine the potential and cost-effectiveness of such storage solutions, starting from the 50 MWh range.
Shortly after completing the project financing agreement for the Muara Tawar power plant upgrade, Indonesia’s PT. Perusahaan Listrik Negara (PLN) has give Doosan Heavy Industries & Construction notice to proceed (NTP) with works to convert and expand the plant from 1,150MW in open-cycle to 1,800MW in combined-cycle mode.
The Government of South Australia has evaded questions in Parliament about the cost of its new mobile power generators that have been installed and tested at Elizabeth and Londsdale. Rumours have it the final price tag might exceed $400 million but Premier Jay Weatherill refused to provided details, pointing to a confidentially agreement with the generator’s operator APR Energy.
Germany’s largest utility RWE on Tuesday reported a recovery in Q3 profits but warned of a quick exit from coal power to further reduce carbon emissions and reach Germany’s climate target, as demanded by the Green Party. Just days earlier, RWE said it is de-mothballing another two gas power plants ahead of the coming winter.
France’s leading power transmission utility, RTE has contracted the Swiss engineering company ABB to deploy its Ability Network Manager control system to help enhance the grid’s reliability and efficiency. RTE manages a network of more than 1,200 transformers, 2,800 substations and 3,500 delivery points.
Sri Lanka’s energy minister Ranjith Siyambalapitiya is seeking to push a proposal for an LNG-fuelled power plant project through Parliament. The 400 MW Hambantota project will be built by a joint venture between the China Machinery Engineering Corporation (CMEC), nominated by the Chinese government, and the Ceylon Electricity Board.
“The boom years for coal are over” in the absence of large-scale carbon capture, utilisation and storage (CCUS), according to the IEA’s World Energy Outlook (WEO-2017) just issued. Over the next 25 years, the world’s growing energy needs are met first by renewables and natural gas, as fast-declining costs turn solar power into the cheapest source of new electricity generation.
Reacting to pressure from investors, General Electric’s new CEO John Flannery announced plans to exit the locomotives and industrial lighting markets to focus on aviation, power generation and healthcare, while shedding 25% of its corporate staff. “Complexity has hurt us,” he said, adding GE needed “right-sizing” in its power segment to reduce costs.
Japan’s Mitsui has agreed with the Bangladesh government to develop an LNG-fuelled combined-cycle gas turbine (CCGT) power plant with a capacity of between 500 MW and 600 MW at Cox Bazar. A memorandum has been signed in this regard between the state-owned Coal Power Generation Company Bangladesh (CPGCBL) and the Japanese firm. The deal comes just days after the Bangladeshi government agreed with Siemens on a 3.6 GW LNG-to-power project.