Argentina’s largest energy company YPF has started up the La Plata Cogeneration II plant, powered by a GE 6F gas turbine. The new block adds 90 MW to the existing 128 MW capacity, providing electricity and steam for an industrial complex in the city of Ensenada, near Buenos Aires.
Norwegian-German registrar and classification society DNV-GL has decided to suspend works for the Nord Stream 2 project. Vessels, supervising progress on the controversial pipeline project, are deemed “subject to US sanctions,” DNV-GL said, noting it “will no longer provide services that may be incompatible with the PEESA law.”
The German government has set up an ‘International Power-to-X (PtX) Hub Berlin’ as a platform for dialogue between industrial companies and researchers. Hot and arid regions in Australia, Morocco and potentially Congo could be used by local partners to produce solar PV-based hydrogen for export.
The first round of auctions for decommissioning 4 GW of Germany’s hard coal plants has been oversubscribed, with almost 5 GW to be offline by year-end. Stiff competition at the auction drove down compensation payments for plant operators to €60,000, well below the planned maximum of €165,000.
Researchers in South Korea are striving to develop a hydrogen gas turbine burner for mixed and full combustion this year. The aim is to commercialise a 300 MW hydrogen-fuelled turbine by 2040 together with Doosan, the first Korean manufacturer to develop proprietary turbine technology.
South Africa’s state utility Eskom needs to reconfigure its fleet given that 10,000 MW of thermal capacity will retire by 2030. Bhavtik Vallabhjee, Head of Power Utilities at Absa Bank pointed out a renewables rollout would still be cheaper than retrofitting ageing coal power plants to clean coal units.
Northern Powergrid, TSO for Britain’s North East, Yorkshire and Lincolnshire, has launched a call for flexibility services. The expression of interest call is open to all customers who can shift the time of energy use, or provide flexible supply from distributed power and energy storage.
Gazprom has made a loss due to a weak Russian currency and 40% plunge in sales to Europe as the pandemic depressed demand and prices. For the nine months ended Sept. 30, Gazprom booked a net loss of 218.38 billion Rubles ($2.85 billion) compared with a 1.048 trillion Rubles profit in the pre-year period.
Winter has come early in northern China this year and municipalities fired up district heating plants from November 1, causing stock-draws and encouraging buyers to look for spot LNG. Seasonal LNG demand also keeps rising in South Korea due to coal power plant closures, widening the JKM-TTF spread.
The pandemic has slashed the UK’s energy demand by 12% in the first three quarters of the year as the economy contracted by 11.3%. Up to 30,000 jobs in Britain’s oil and gas industry are at risk and the lobby group OGUK urges to government to help the industry transition to a green energy future.
Electricity Generating Public Company (Egco) of Thailand has applied to the state regulator for a licence to import LNG to fuel gas-fired power plants. Egco said the 256 MW Banpong plant and the 121 MW Klongluang plant “could use additional supplies,” though they already source gas from state-run PTT.
Japan’s Mitsubishi Power, part of MHI Group, has struck a licensing agreement with the French metallurgical firm Aubert & Duval related to metal powders used for additive manufacturing, or 3D Printing. The supply deal allows Mitsubishi to develop a 3D Printing base within its Hitachi Works in Ibaraki.