The Norwegian gas pipeline operator Gassco has reported a new peak for summer deliveries of natural gas to Europe, and will soon be opening its new Polarled pipeline to carry even more volumes from the Norwegian Continental Shelf. Gassco exported 36.8 billion cubic metres (scm) in May-August – a small rise from the same period in 2017 which was a record year for gas exports.
UK shale gas explorer Cuadrilla has received government approval to start fracking at a second site in Lancashire, Northwest England. “We are currently completing works on the site in readiness to start hydraulically fracturing both wells in the next few weeks," said CEO Francis Egan.
The U.S. Energy Information Administration (EIA) has developed an interactive dashboard showing daily and weekly updates on Lower 48 and regional storage activity, as well as market fundamentals that affect underground gas storage activity. Updates are published online and in the Weekly Natural Gas Storage Report (WNGSR).
At the InnoTrans2018 trade show, General Electric has just launched a new high-speed engine program that will serve the marine, rail and power generation segments. The core architecture of the engine incorporates experience across GE’s Jenbacher and Waukesha product lines.
The U.S. Department of Energy’s blue-sky research program APRA-E has handed out $28 million in R&D grants for ten projects aimed at delivering long-duration energy storage systems. The grants are funded by ARPA-E's “Duration Addition to electricitY Storage (DAYS),” targeting the development of applications with 10 to approximately 100 hours of continuous operation.
As the US-China trade war escalates, Beijing is implementing a retaliatory 10% tariff on US LNG imports starting from September 24. In the twelve months up until June 2018 China used to be No.2 buyer of US LNG, accounting for about 3 mtpa mostly bought through Shell. Now, state-owned Chinese buyers started to snuff gas supplies from America, and PetroChina just entered a 22-year purchase agreement with Qatargas.
Siemens and E.ON have reached a milestone in the area of 3D-printing, with the world's first 3-D printed burner for an SGT-700 gas turbine having been in operation for one year at E.ON's combined-cycle power plant in Philippsthal, Germany. “The results are impressive,” Siemens said given that “the burner has been operating for over 8,000 hours with no reported issues.”
Global energy consumption is set to soar 28% between 2015 and 2040, according to the U.S. Energy Information Administration's latest International Energy Outlook 2017 (IEO2017). Countries with strong demand growth in non-OECD Asia – notably China and India – are seen to account for over two-thirds of the total rise in energy consumption through to 2040.
Most Japanese utilities that also operate nuclear power plants – such as Tokyo Electric, Kansai Electric and Kyushu Electric – have effectively stopped funding for the costly reprocessing of the nuclear fuel, their financial report shows. This move seems to indicate a long-term shift away from nuclear towards fossil fuels, notably natural gas.
As wholesale gas prices hit 10-year highs, Britain’s power producers are earning more by dispatching cheaper coal-fired power stations than their gas counterparts. If this trend continues, the UK may not be able to meet is emissions targets given that the extra coal-burn for power generation already increased emissions by 15% in September, analysts at the Imperial College London warn.
Finland-based technology group Wärtsilä has launched the next SparkUp Challenge for start-ups. This time the focus is on Power-to-X technologies, running under the name: ‘Towards a 100% renewable energy future’.
Gaztransport and Technigaz (GTT) has signed a licensing agreement with Hyundai Mipo Dockyard (HMD), targeting the use of LNG as a fuel in gas carriers. The accord envisages the joint construction of a Mark III Flex mock-up and an audit led by GTT, the French company said.
Growth in Europe’s gas demand has returned and stays underpinned by the power sector, with higher coal and carbon prices continuing to support the competitiveness of gas-fired power generation, says Murray Douglas, research director, Europe gas at Wood Mackenzie. Most importantly, in his view, is that national coal phase-out policies are being enacted throughout Europe which will boost gas demand through to the mid-2020s.
US Energy Secretary Rick Perry has openly confronted Russia over its energy politics by claiming the Gazprom-led Nord Stream-2 project would distort European energy market. Perry said Nord Stream extension project “would concentrate two-thirds of the imports of Russian gas to Europe in a single pipeline, creating a choke point [exposed to potential] disruption."
Michael R. Bloomberg and Miguel Arias Cañete, the European Commissioner for Energy and Climate Action have agreed to jointly step up Europe’s clean energy ambitions. In the context of the EC’s Platform ‘Coal Regions in Transition’, Bloomberg Philanthropies will develop plant-by-plant research analysis of coal power installations to allow for more targeted actions.