Wärtsilä's third quarter net sales increased 11% to €1,103 million as demand stabilises in the manufacturer’s two end-markets, marine and power gen. Demand for energy storage stays strong, the company said with regards to a €100 million order from AGL Australia for a 250 MW/250 MWh system.
Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent, to support the integration of renewable energy into the UK’s National Grid. The device, supplied by Wärtsilä, is the second to go live as part of Pivot Power’s nationwide rollout of Energy Superhubs, following the first activation in June in Cowley.
Gazprom is taking steps to increase capacity and throughput at its Amur Gas Processing Plant (GPP), under construction in the east of Russia. The state-run company said its GPPs are part of an inteagrated process chain to boost the recovery rate of valuable components from ethane-rich gases, as well as the output of products like helium.
Russian gas company Gazprom has repaired pipelines and storages nationwide to ensure reliable winter supplies to domestic and foreign customers as prices for pipeline natural gas and LNG have soared. According to preliminary data, Gazprom produced 399.4 bcm of gas in the first 9.5 months of 2021, a 16.6% rise compared to the pre-year period.
Voith will take over Siemens Energy's 35% stake in the joint venture Voith Hydro for an undisclosed purchase price, with the transaction is still subject to regulatory approval. The move allows Siemens Energy to focus more on its core business of transporting and storing energy, decarbonising industrial processes, and generating electricity with little or no emissions.
Mitsubishi Power Americas and El Paso Electric (EPE) have agreed to jointly develop strategies to attain an 80% carbon-free resource mix by 2035. The two partners will convert EPE’s Newman Power Station’s newest unit from 100% gas generation to running on a blend of up to 30% hydrogen, and then to being 100% fuelled by hydrogen.
Unlike rechargeable lithium-ion batteries, flow batteries use large tanks of liquid to store energy which has made the technology “prohibitively expensive” because it relies on pricey electroactive metal salts. Researchers at the MIT are working on alternative approaches that use less expensive electroactive materials derived from organic compounds.
Britain’s new Net Zero Strategy claims up to £80 billion of additional private green investment needs to be raised to reach the government’s 2030 emission target. “Renewables, particularly offshore wind deployment already reached £100 billion in 2020,” the UK energy minister Kwasi Kwarteng told the BBC this morning, saying it would be “realistic” to raise sufficient funds to meet targets.
Russia’s Gazprom has not booked additional transit capacity through Ukraine above ship-or-pay levels for November to shield Europe from eventual supply shortages this winter. “Daily bookings on both routes are still possible, although unlikely,” Wood Mackenzie said with a view to completion of the gas-in procedure into the first string of Nord Stream 2.
Though an early coal exit helps curb Germany’s power sector emissions, the country remains “clearly off-track from its 2030 climate target,” the government’s 2021 Projection Report finds. Fuel switching, a shift to e-mobility, more renewable energy and rising CO2 prices are seen as ways to achieve the targeted 65% cut in cross-sectoral emissions by 2030.
Germany’s Free Democratic Party (FDP) has given consent for the new coalition government to instate a climate ministry, to be led by the Green Party, while the Social Democrats (SPD) will propose the new Chancellor. The new ministry could centralise competencies currently spread out over several other ministries to ensure Germany will meet its CO2-reduction targets.
Austria-based INNIO Jenbacher is now offering gas engines to help accelerate the rollout of off-grid power charging stations for electric cars. Working with L-Charge, INNIO supplies J312 gas engines (600 kW) as the core of the L-Charge Stationary solution – a stationary mini-power station for EV charging.
Babcock has installed and commissioned a solar-powered cabin at National Grid Hinkley Connection, the feed-in point of Britain’s largest nuclear power project Hinkley Point C where two 3,440 MW reactors are being built. The new device helps reduce carbon emissions during construction by 86%.
Natural gas spot prices at the US benchmark Henry Hub are forecast to average $5.67 per million British thermal units (MMBtu) between October and March, the highest winter price since 2007–2008. Analysts say the price surge has been caused by below-average storage levels going into the winter, hence prices are likely to fall in the first quarter of 2022.