Daily News

Spurred by rising gas demand from the electric power sector, industry and LNG exporters, US dry natural gas production is forecast to rise by an average of 80.4 billion cubic feet per day (Bcf/d) in 2018, up 6.9 Bcf/d or 9.3% on the 2017 level which would be the highest increase on record, according to EIA figures. A more moderate 3.2% rise of 2.6 Bcf/d is expected for 2019.

Published in Markets

Summit Power International (SPI), Singapore, has awarded a 15-year contract to PSA Marine, to provide a floating LNG storage and regasification unit (FSRU) in Bangladesh. This project is part of SPI's $1 billion investment programme to deliver 1,000-MW of power and gas in Bangladesh.

Ramping up Egypt’s giant Zohr offshore gas field as well as the West Nile Delta gas projects will transform the Middle Eastern country from an importer to an exporter of natural gas and LNG. Cheap domestic supply will also advance the role of gas-fired power plants in Egypt’s energy mix.

Published in Markets

Taiwan Power Company (Taipower) has issued a Request for Expression of Interest (REOI) with the aim of securing its first LNG supply deal to source fuel for a proposed 2,600-MW gas-fired power plant. Taipower stated it is seeking to purchase between 1.8 mtpa and 2.4 mpta over a 15-year period, starting from 2023.

Published in Markets
Tuesday, 2 January 2018

Chart acquires Skaff Cryogenics

Chart Industries, the US-based LNG equipment and technology supplier, has made its third acquisition in less than a year by buying Skaff Cryogenics & Cryo-Lease. Headquartered in Brentwood, New Hampshire, Skaff repairs and remanufactures cryogenic and gas storage tanks and trailors.

Published in Markets

Chart Industries’ latest compact LNG regasification station is now fully operational in Mexico, bringing natural gas to fuel an off-grid power station. The regas project is a first for the country, Chart pointed out, and mimics a familiar fuel model that is already in use for diesel or propane.

Published in Projects & Finance

China National Petroleum Corp (CNPC) has said it started to divert almost 7 million cubic metres of natural gas from the southern province of Guangdong to northern China to ease gas shortages. The government’s 5-year plan, mandating power and heat generation in cities around Beijing to be led by natural gas instead of coal, has left northern China short of fuel at the time of a cold snap.

Published in Markets

Natural gas consumption in the US has increased 27% this week, propelled up by an 18% demand rise from the power sector as a cold weather front moved across the country. In the Northeast, where cold weather persisted throughout the week, prices jumped at the Algonquin Citygate which serves consumers in Boston and at the Transcontinental Pipeline Zone 6 trading point for New York.

Published in Markets

What’s in your fuel, and how to get the most out of it? Gas Power Technology Journal visited Wärtsilä in Vaasa, Finland to talk with its specialist team, responsible for developing new systems and tools to analyse fuel composition and behaviour. Through careful analysis, Wartsila’s multi-disciplinary Fuel Laboratory Services team can adapt engines to run more efficiently on whatever fuel is available – from the most exotic biofuels to unpredictable mixes of different gases. The team makes a difference to thousands of gas and liquids-fuelled engines and this impact keeps growing the more fuels are tested and approved for usage.

Demand for natural gas in Spain has reached a record 1,670 GWh on December 4 – the highest level seen in the past six years. Outage of one nuclear plant, combined with low wind power availability, propelled up gas demand from the power sector; but Enagas expects demand will rise further as the winter progresses.

Published in Markets
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News in Brief

Thermo Fisher launches new online sulphur analyser

April 23 – U.S.-based Thermo Fisher Scientific has launched SOLA iQ, an online sulphur analyser, that helps engineers in the oil and gas industry to measure total sulphur content of liquid or gas phase samples without requiring time-consuming lab analysis. Measurement ranges of the tool are from 2 parts per million (ppm) to 100%, with and limits of detection as low as 25 parts per billion (ppb).

FERC considers change of pipeline certification

April 20 – Kevin J. McIntyre, the chairman of the US Federal Energy Regulatory Commission (FERC) has given a general oversight hearing over plans for natural gas pipeline policy changes. “I decided that the first such review of my Chairmanship would involve taking a fresh look at FERC’s 1999 policy statement on the certification of interstate natural gas pipeline facilities,” he said. Under the Natural Gas Act, FERC has the responsibility to determine whether a proposed natural gas pipeline project is required by public convenience and necessity.

Turbine filter markets grows at 20%

April 19 – Market Insights Reports anticipates the global gas turbine filter market to grow at an annual rate of 15 to 20% through to 2023. The report gauges growth prospects by analysing diverse factors such as total market size, key market drivers, challenges and growth opportunities, technological changes as well as major manufacturers.

Kuwait spends over $140m on two power plant upgrades

April 18 – Kuwait's Ministry of Electricity and Water has signed two contracts, worth US$141 million (KWD47m), to upgrade the fuel reception and control systems of the Doha West and the Sabiya power plants. Works on the Doha West power station will span over 30 months, according to the ministry’s schedule, while project completion for the Sabiya project is set for no later than 29 November, 2018.

Enel launches 1st energy storage project in Canada

April 17 – Enel X, the energy services division of Enel Group through its US subsidiary EnerNOC, has struck an agreement with Algoma Orchards of Ontario, Canada to deploy a 1 MWh lithium-ion battery storage system under a contract spanning 11 years. The storage system will be deployed in the first half of 2018.

Investment in solar PV dwarfs new fossil generation

April 16 – Solar power is forecast to become the leading contributor of renewable energy, accounting for 98 GW, or 38%, of newly installed power generation capacity worldwide. Nearly $161 billion was invested worldwide in solar power technology in 2017, according to the Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF under the UN Environment Program.

Simotics SD Pro suitable for up to 690 volts

April 13 – At Hannover Fair, Siemens is presenting its new low-voltage motor Simotics SD Pro suitable for mains-fed and converter operation with voltages up to 690 volts. The motor works reliably at efficiency class IE3 at both 50 and 60 hertz.

ABB controller now IEC 62443 certified

April 12 – ABB’s SD Series HPC800 controller, part of the company’s Symphony Plus portfolio, has received Embedded Device Security Assurance (EDSA) and IEC 62443 certifications. In the assessment, the controller met all requirements in the categories of software development lifecycle, functional security and communications robustness.

Rolls-Royces launches ‘Intelligent Insights’

April 11 – Rolls-Royce has introduced ‘Intelligent Insights’, part of its IntelligentEngine vision, at the MRO Americas conference. The tool brings new agility to decision making and improves the quality of data harnessed for customers.

GE to lead EPC for 1GW Ostroleka C power plant

April 10 – GE Power, together with Alstom Power Systems, has been selected to lead Engineering, Procurement and Construction (EPC) for the ultra-supercritical (USC) coal power plant Ostroleka C in Poland. Subject to the financial closure of the project, the plant will start commercial operation within 56 months after the notice to proceed and generate a gross output of 1,000 MW.

EDF’s new Bouchain CCGT reaches 62.22% efficiency

April 9 – Electricite de France (EDF) and GE have celebrated the official start of operation of the first ever combined-cycle power plant equipped with GE's HA gas turbine in Bouchain, France. Integrating high-efficiency power gen equipment with digital technology the CCGT reaches an overall efficiency of 62.22%.

GenOn sells 1.1GW Canal Generating Plant for $390m

March 28 – Due to bankruptcy restructuring, Houston based GenOn Energy (now part of NRG Energy), has agreed to divest the 1,112-MW units 1&2 at the Canal Generating Plant in Sandwich, Massachusetts to Stonepeak Kestrel Holdings for $320 million. Factoring in working capital, excess fuel inventory payments, and an anticipated refund from NRG for an expired option on Canal Unit 3, GenOn expects to receive $390.3 million from the deal.

Floating power market to top $1.4bn by 2022

March 27 – The market for floating power plants (<250MW capacity) is expected to grow at an annual rate of 10.11%, expanding from $889.6 million at present to reach $1,440 million by 2022. Main growth drivers, according to MarketsandMarkets, are cost advantages of floating over land-based power plants, particularly in regions with a lack of power infrastructure.

Cost for solar PV keeps falling

March 26 – System costs for utility-scale solar photovoltaic (PV) on a per-watt basis have fallen about 10% to 15% per year from 2010 through 2016. In the EIA’s Annual Energy Outlook (AEO2018) analysts anticipate that installed capital costs will come in at 1.85 per watt (AC) for fixed-tilt PV systems, and $2.11 per watt (AC) for single-axis tracking systems in 2018.

Sembcorp delivers ‘energy that makes a difference’

March 23 – Sembcorp Power, the electricity retail arm of Sembcorp Industries, has unveiled a series of initiatives that are meant to deliver Energy that Makes a Difference in Singapore. These measures include a commitment of S$100,000 to support social enterprises in energy, water and resource recovery over the next five years as well as competitive price plans to help businesses save money. For every new customer signed up, Sembcorp Power will give S$5 to selected beneficiaries to offset their electricity bills.

Siemens awards in-kind technology grant to UCF

March 22 – Siemens has entered the next phase of its 30-year academic partnership with the University of Central Florida (UCF), awarding researchers a major in-kind technology grant of its Product Lifecycle Management (PLM) software with a commercial value of $593 million. The software grant amplifies a similar 2016 grant that benefitted students in UCF's Center for Advanced Turbomachinery and Energy Research (CATER).

ABB creates virtual flow meters with Arundo Analytics

March 21 – Arundo Analytics, a Houston-based software developer, and ABB have worked together to create the first cloud-based virtual multiphase flow meters for the offshore oil and gas industry. Connecting ABB Ability and Arundo’s Composer and Fabric software, the virtual flow meter helps upstream companies gain real-time data to understand the constituent properties of any given stream of produced fluids.