Nov 27 – Since the EU is unlikely to move towards a 30 percent climate target at this year’s talks in Doha, “we do not expect the event to have an impact on carbon prices,” say UniCredit analysts. Prices for carbon will instead be influenced by the ongoing high amount of auction volumes of phase-3 […]
Nov 27 – ABB has won orders worth over $100 million to supply converter transformers and components for the Hami-Zhengzhou ultrahigh-voltage direct current (UHVDC) transmission link. Once commissioned in 2014, the 800 kilovolt (kV) link will be State Grid Corporation of China’s newest and highest capacity transmission system. The project will leverage the rich coal […]
Nov 27 – BP has initiated talks with the Gazprom-led Nord Stream consortium with the aim of shipping Russian gas to the UK via an extension of the 1,224 km pipeline link. The negotiations come at a time when the UK government is keen to bolster security of gas supply to underpin project of new-build […]
Nov 26 – Details of the UK energy reform to be unveiled this week by the government may increase the cost of capital and jeopardize the credit rating of major electricity suppliers, the Sunday Telegraph quoted the head of SSE as saying. “Cost to suppliers could vary enormously, introducing a new and unhealthy element of […]
Nov 23 – Indonesian power provider PT Cikarang Listrindo has awarded a $128 million order to Metso to supply two power boilers with a total capacity of 270 MWe. The delivery to the power plant, located in Babelan outside Jakarta, will also include a Metso DNA control system. Once commissioned in 2016, the boilers are […]
Nov 23 – US start-up ICR Turbine Engine Corporation (ICRTec) has raised $10m (€7.8m) in a Series-A funding round led by venture capital firm New Venture Partners LLC (NVP) and two other unnamed strategic investors. ICRTec is developing the ICR350 gas turbine engine, as a replacement for diesel engines, targeting mobile and stationary markets, including […]
Nov 22 – GE has unveiled simplified features for 6B heavy duty gas turbines, including easier installation and simplified maintenance, at POWER-GEN Africa 2012 in Johannesburg. A 40-megawatt-class machine, GE’s Frame 6B gas turbine offers proven reliability, low emissions and a lower cost of generating electricity compared to older, oil-fired gas turbines, according to the […]
Nov 22 – Zenner is turning into a full-service energy metering provider for the utility industry, offering offer gas meters on top of its existing services. To that end, Zenner formed a joint venture with Shanhai-based FATO group that is specialising in gas meters and will produce the equipment for the global market.
Nov 21 – The average cost of shipping coal by railroad to power plants increased almost 50% in the United States from 2001 to 2010, according to the US Energy Information Administration (EIA). Higher indirect costs for coal generation adds to the competitive edge of gas generation in the US, next to comparatively cheap fuel […]
Nov 20 – Puget Sound Energy has bought a 270 MW gas-fired combined-cycle co-generation power plant located northwest Washington. The latest purchase increases capacity Sound Energy’s power generation assets to over 2,100 MW.
Sept 21 – MOL Group has inaugurated a new 37.4 MWp solar park and an associated electricity storage system with 20 MW of nominal power and 40 MWh of storage capacity at its Algyő site in Hungary. The hybrid power unit will strengthens the energy independence of MOL’s own operations at Algyő and reduce operating costs by replacing electricity purchased from the grid.
Sept 16 – GE Vernova is fast-tracking delivery of new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience across England and Wales in generations.
Sept 14 – Singapore’s experience in the Middle East crisis highlights the country’s exposure to external energy supply shocks. Over 95% of Singapore’s electricity generation is fuelled by imported LNG, hence diversification is paramount for supply security, said Gan Siow Huang, Singapore’s minister of trade and industry. Singapore is hence developing a second LNG terminal with a view to increasing import capacity to 15 mtpa by 2030.
Aug 31 – The number of gas-fired power plant projects, linked to US data centres, has nearly doubled in the first half of 2026. According to Global Energy Monitor, 378 MW of gas capacity is currently under development in the US, one-third of total projected capacity worldwide, led by Texas with 122 MW.
Aug 27 – GE Vernova has been chosen by Laing O’Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience in a sustainable manner. The projects form part of The Great Grid Upgrade, the largest overhaul of the electricity grid across England and Wales in generations.
Aug 26 – Net Power has agreed to purchase 123 MW of new power generation equipment to increase the installed capacity of its Project Permian to nearly 200 MW. The gas-fired power project in West Texas is being gradually scaled up to 1 GW.
Aug 24 – Singapore’s Economic Development Board (EDB) has provisionally allocated 200 MW of new data centre capacity to Digital Realty, Equinix, Keppel Data Centres and ST Telemedia Global Data Centres, with each receiving 50 MW for facilities on Jurong Island. All sites will be developed within JTC’s planned low‑carbon data centre park on Jurong Island, and operators must source more than 50% of their capacity from green or low‑carbon energy such as biomethane, low‑carbon ammonia or hydrogen.
Aug 21 – Germany’s underground gas storage facilities are only about 50% full as of mid-August, well below last year’s roughly 67%. To achieve the targeted 70% filling levels by November, the government is preparing additional intervention options although traders remain cautious amid elevated prices and geopolitical uncertainty.
Aug 19 – A Russian air strike has damaged one of DTEK’s thermal power plant, forcing the Ukrainian operator to shut down one unit. DTEK’s thermal power fleet had an installed capacity of about 13.3 GW as of early 2022, spread across eight plants, though repeated attacks since then have destroyed much of that installed capacity, jeopardising regional electricity supply security.
Aug 17 – Wärtsilä is preparing to deliver an off-grid power solution for a new data center, under construction in Texas. The 790 MW power plant will operate with 42 Wärtsilä 50SG engines running on natural gas.
July 29 – Electricity demand in India is on course to rise 4-5% year-on-year in 2027, Fitch Rating reckons, referring to the country’s higher cooling needs and economic growth. Coal remains king in the Indian energy mix, fuelling more than 70% of power stations, while gas-burn fell to 15% in June 2026, down from 22% a year earlier amid supply constraints and higher LNG prices.
July 27 – The Japanese government is considering foreign debt finance for gas-fired power projects in the United States that form part of its $550 billion U.S. investment pledge. “If financing from foreign banks materialises, it should further facilitate the procurement of foreign-currency funding needed to implement the investment initiative,” the finance ministry said on the platform X late on Sunday.
July 24 – EU Carbon Emission Allowances are expected to continue their mean-reversion trading around €80/t for the rest of this month, as the Commissions adjustments leave supply-demand balances for carbon credits tight through 2035. Further out, Energy Aspects reckons there may be 250 Mt more allowances in the market through 2040 as the pace of how fast the ETS cap falls has been slowed down for 2036 onwards.
July 22 – Nigeria’s Index Thermal Power has invited engineering firms, infrastructure developers and institutional investors to join the development and financing of its proposed 1,800 MW gas-fired independent power plant in Rivers State. The project is planned for the Onne Oil and Gas Free Trade Zone in Port Harcourt.
July 20 – Utilita Energy has become the third energy supplier to join WattsWatt – the national energy information service – alongside Outfox Energy and Home Energy in bid to help households gain affordable warmth by comparign tariffs and improving access to energy efficiency grants.
July 17 – Hitachi Energy and Eve Air Mobility, an Embraer-backed aircraft manufacturer, are looking to advance the electrical infrastructure needed to support urban air mobility. The agreement brings together Hitachi’s Grid-eMotion charging infrastructure with Embraer-backed electric vertical takeoff and landing (eVTOL) aircraft technology.
July 15 – The global market for hydrogen (H2)-compatible gas turbines will grow to nearly $3.5 billion by 2032, expanding at an annual rate of over 10% during the forecast period. According to DataM intelligence, hydrogen is emerging as a strategic and sustainable alternative to fossil fuelled power generation as nations strive to reduce reliance on imported fossil fuels and stabilize their power grids,
July 13 – Japan’s largest power generator JERA has signed a Memorandum of Understanding (MoU) with Samsung C&T of Korea to collaborate on hydrogen and ammonia. JERA is developing Japan’s first low-carbon ammonia value-chain, and is targeting start of operations around fiscal year 2029. Samsung C&T focused on low-carbon ammonia infrastructure and supply chain initiatives in Korea, and by combining their capabilities both companies aim to strengthen value chain resilience across Asia.
July 8 – GasHub has finished an LNG storage and regasification facility at Rolls-Royce’s Seletar Campus in Singapore and begun LNG deliveries, with the system designed to support the campus’s long-term energy requirements, including reliable electricity demand. The setup is part of a shift away from compressed natural gas and aims to reduce fuel deliveries, emissions, and operating costs.
July 6 – Swiss energy storage operator BW ESS has started construction on the 1GW Klostermansfeld project, one of Europe’s largest battery storage projects to date. Situated in the southern Harz region, the battery is designed to supply around three million German households with electricity for at least four hours.
