Gas to Power Journal

Category: Markets

The Asian Development Bank (ADB) has criticised the high dependence of Southeast Asia on fossil fuels in their energy mix which makes reginal economies exposed to volatile fuel prices and supply disruptions. Singapore is the most dependent, with coal, oil and gas imports far exceeding domestic supply. To mitigate the risk of price spikes, the […]

Decisions of hyperscalers – such as Google Cloud, Meta, Microsoft and AWS – dictate where electricity flows and how billions in capital are deployed. Responding to grid access constraints, data center developers increasingly shift their focus on markets in Southeast US and Asia Pacific, DC Byte’s 2025 Global Data Center Index shows. In mature hubs […]

German municipal utilities, the so-called Stadtwerke, will need to invest €535 billion in regional electricity, gas, and district heating networks by 2045. Existing financing tools are deemed “insufficient” to meet massive capital requirements during the energy transition, a PWC study, commissioned by the state development bank KfW finds. Only about one-quarter of the investment needs […]

Saudi Aramco is preparing to tap the giant Jafurah shale gas basin in a bid to reduce oil dependence, positioning the Kingdom as a potential LNG exporter. Aramco CEO Amin Nasser singled out the field’s “huge” growth potential, but analysts doubt the Saudi gas market can absorb all the extra supply. Jafurah contains vast reserves […]

As global oil demand levels off, a “wave of new LNG exports” is putting downward pressure on prices and extends natural gas demand growth into the 2030s, the International Energy Agency’s (IEA) 2025 World Energy Outlook finds. Two scenarios the Stated Policies Scenario (STEPS) and the Current Policies Scenario (CPS) – present two views on […]

Policy reversals are prolonging the use of fossil fuels in North America’s energy system. Before US policy changes, fossil fuels were forecast to cover 45% of final energy demand by 2025 – now the share has risen to 50%, DNV analysis finds. The Trump administration has rolled back carbon regulations and cut short support for […]

Indonesia’s rapid renewables build-out is set to reshape, but to diminish, the role of gas in the power mix. According to GlobalData, Indonesia’s installed renewable capacity will soar from currently 8.4 GW to 38.1 GW by 2035, growing at a rate of 14.7%. Indonesia is entering a “dual-track” energy phase – rapidly expanding renewables while […]

Heavy Industries (MHI) has seen its order intake for energy systems rise 8.5% year-on-year to ¥3,314.7 billion in the first half of 2025, amid strong demand for combined-cycle gas turbines. Orders for 23 large frame gas turbine units, up 14 units year-on-year, were concluded, mostly with customers in North America and Asia. Revenue gains largely […]

Qatar’s energy minister Saad al-Kaabi has threatened to halt LNG supplies to the European Union if the bloc proceeds with its planned supply chain directive. Katherina Reiche, the German energy minister will address the issue during her visit in Qatar this week. “If the European Union insists on enforcing this directive, Qatar will have to […]

Power plant developers in the US plan to add 18.7 gigawatts of combined-cycle capacity to the grid by 2028, with 4.3 GW under construction. In contrast, a 98 MW unit at Plaquemines LNG terminal was the only open-cycle unit to come online last year. Developers plan to add 18.7 gigawatts (GW) of combined-cycle capacity to […]

News in Brief

AI-linked power projects double in US

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.

GE to deliver GIS substation at Chesterfield

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.

New gensets for Project Permian

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.

Singapore allocates new data centre capacity

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.

German gas storage only half full

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.

Russian attack damages DTEK power plant

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.

Wärtsilä powers Texan data center

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.

India’s power demand up 5%

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.

Japan mulls debt financing for US power projects

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.

EUAs hover around €80/t 

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.

Index seeks partners for Rivers IPP

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.

Utilita Energy joins WattsWatt

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.

Electrifying urban air mobility

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.

H2 turbine market to top $3.5bn

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,

JERA, Samsung collaborate on H2 value chains

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.

Seletar Campus to be powered by LNG

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.

Works start 1GW BESS in Germany

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. 

Siemens expand switchgear factory

July 2 – Siemens is investing €300 million to expand the production of high-efficiency power distribution systems for data centers, e-mobility and industrial automation. To that end, Siemens is expanding its switchgear factory in Frankfurt and a new supplier facility in Offenbach, creating 700 new jobs by the end of 2030

Green H2 progresses in Italy

June 29 – IGM, a  specialist engineering company, has supplied a 2 MW electrolyser to Industria Gas Tecnici (IGAT), marking the company’s entry into green hydrogen production under Italy’s national Hydrogen Valley programme.

PJM braces for 5.4% load growth

June 26 – PJM Interconnection expects peak summer load will grow at an average of 5.4% per year over the next decade driven by electrification of road transport and the concentration of data centers. Summer peak load in PJM’s Dominion zone was 23,905 MW last year, 23% higher than in 2019, while winter peak load in PJM’s Dominion zone was 25,413 MW in the 2025–26 winter season, 45% higher than five years ago.

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