Siemens and General Electric, two rival global engineering companies, are at loggerheads over a multi-million dollar power generation deal in Iraq. The Trump administration now intervened and put severe pressure on the Iraqi government to award part of a $15 billion contract – first discussed and pre-arranged with Siemens – to GE Power & Gas.
Qasim Al-Fahdawi, the Iraqi electricity minster has signed a milestone agreement with Siemens CEO Joe Kaeser over the weekend to implement the company’s ‘Roadmap for repowering Iraq.’ Plans are to add 11 GW new gas-fired power plants in Iraq within four years, which would effectively boost existing capacity by almost 50%.
The pipeline rupture in early October at Enbridge’s BC gas interconnector still affects electricity markets and petroleum refining in the U.S. Pacific Northwest. Imports averaged 1.1 billion cubic feet per day (Bcf/d) in the first half of this year, but fell to zero after the rupture and the pipeline now operates only at 80% capacity.
The global energy transition moves faster than expected Wood Mackenzie says, suggesting a "sustainability tipping point" – when the world shifts from the ‘Age of Oil & Gas’ to the ‘Age of Renewables’ – will arrive by 2035, less than 18 years from now. Renewables and the use of electric vehicles are seen underpinning the pace and intensity of the transition.
As decommissioning of coal plants and grid-integration of renewables lead to rising variability of power supply in the area of the Midcontinent Independent System Operator (MISO), GE and Clarke Energy have been asked to supply a turnkey combined heat and power (CHP) plant to Sebewaing Light & Water (SL&W), a municipal utility. The CHP is slated to start operating in Q1-2019.
Striving to roll-out battery storage, Duke Energy has announced to invest $500 million in several projects spread across North and South Carolina over the next 15 years. In total, the storage projects will have a combined capacity of 300 MW.
Iran’s MAPNA Group has been selected to supply turbines and generators to the Jandar combined-cycle gas power plant, under construction in Western Syria. Turbine delivery to the Jandar CCGT is part of a wider contract that will see MAPNA supply generating equipment to a total of 65 power units with a combined capacity of over 9,600 MW.
TenneT, Thyssengas and Gasunie Deutschland have announced plans to build a power-to-gas plant, designed to turn renewable energy into gas for industrial use in the Ruhr region. With an output of 100 MW, it will be the largest P2G plant of its kind in Germany, and is scheduled to be operational by 2022.
PW Power Systems, part of MHPS Americas, has signed up its first customer active in oil & gas upstream. U.S. Well Services (USWS) ordered 30-megawatt FT8 MOBILEPAC aero-derivative gas turbine generators to power its new electric frack fleet. USWS said its first two new-build fleets will be deployed for two of its customers during the first quarter of 2019.
Alexey Miller, Gazprom Chairman and CEO, stays adamant in arguing China will prefer stepping up pipeline gas imports over incremental LNG supplies to meet the country’s rising energy demand. “Pipeline gas supplies from Russia will always be more competitive than LNG deliveries from any other part of the world,” Miller said, pointing out that Gazprom’s annual gas exports to Chinese buyers will reach 120 billion cubic meters this year alone.
Substantially less nuclear power supply has been available throughout the U.S. this autumn, mainly because the 2018 seasonal maintenance and refueling cycle began earlier. According to the U.S. Energy Information Administration (EIA), the total nuclear outages averaged 14.5 GW in the last week of September, prompting utilities to fire up gas-fuelled power stations to balance supply and demand.
Cash-strapped General Electric is taking increasingly desperate measures to turn around the company’s fortunes. The new CEO Larry Clup needs more time for an “initial business review” so the Q3-earning release was pushed back to October 30, 2018. GE also announced it expects to take a non-cash goodwill impairment charge related to the GE Power business.
Total CEO Patrick Pouyanne and Adani Group Chairman Gautam Adani today signed an joint venture agreement to set up “multi energy offers” for the fast growing Indian market. The companies said they will jointly develop a fuel retail network and various regasification LNG terminals, including Dhamra LNG, on the East coast of India.
Southwest Research Institute (SwRI), together with research and industry partners, has started construction of a supercritical carbon dioxide (sCO2) power plant in San Antonio, Texas. The $119 million pilot project is also supported by GE Global Research, the Gas Technology Institute (GTI) and the US Department of Energy/National Energy Technology Laboratory (DOE/NETL). Construction is slated to be completed in 2020.
National Grid Gas Transmission has awarded RWG a contract to undertake a series of maintenance work at their Siemens aero-derivative gas generator fleet located across the UK mainland. The 3-year contract, includes major overhaul of SGTA-20 (Industrial Avon) and SGT-A35 (Industrial RB211) gas generators.