China’s LNG trucking capacity is set to double in medium term and WoodMackenzie analysts see trucked LNG and distributed generation have the potential to create synergies. Yet, few distributed generation is currently fuelled by trucked LNG because most of these power units are in areas with pipeline coverage and enjoy discounted gas prices already.
Technology changes that come with the energy transition are far-reaching, notably for power grid operators tasked with having to keep the balance between supply and demand. “Of course, target we are aiming for is a “full 3D” system, i.e. a system that is 100% decentralized, 100% decarbonized and 100% digitalized,” says Thierry Lepercq, executive vice president at ENGIE in charge of Research & Technology.
Gauging incremental gas demand, derived from new power plant projects worldwide, Energy Aspects says most of Asia’s new-build capacity drives "additional LNG demand,” while North American projects are “all likely to be fed by local shale gas. Analysts found there is over 37 GW of new gas-fired power generation capacity under construction in LNG importing countries which, upon start-up, will directly impact global LNG markets.
Natural gas use in the American power sector fell 7.7% last year, a sharp drop compared with the 2.5% decline in coal-burn. Though gas remained the most-used fuel source for the third year in a row, the sharp drop in usage significantly narrowed the gap with coal. Net electricity generation in the U.S. from all fuel sources saw a slight decline of 1.5% in 2017, reflecting lower demand.
Cloud-based distributed power generators, aggregated to a Virtual Power Plant (VPP), are gaining popularity notably in North America – the world’s first country to implement demand response where end-users can earn monetary incentives by managing power usage. Globally, the VVP market is forecast to grow at an annual rate of 29.68%, reaching an estimated $709.2 million by 2021.
Feb 15 – Off-grid, decentralized power supply will help avert electricity shortages in Iran’s northern provinces of Mazandaran and Golestan. To that end, the Iranian energy ministry launched a plan to build 40 small-scale power plants across with a combined capacity of 1,000 MW over the two provinces over the coming six years.
UK Power Reserve has secured 200 MW of gas-fired power capacity at the latest T-4 Capacity Market auction, for delivery by October 2021. With these contract wins, the flexible power provider now operates portfolio greater than 1 GW. The latest T4 auction awarded capacity agreements to a total of 50,410 MW and cleared at £8.40/kW – well below previous auctions.
Seeking to unlock gas-to-power market opportunities, AG&P of the Philippines is developing pragmatic, end-to-end LNG delivery solutions for decentralized power plants in remote island nations. “Demand aggregation is the key to unlocking the market for gas,” AG&P said, revealing it is targeting to develop integrated LNG-fuelled power projects in South Asia, the Americas and Africa.
Speed and scope of implementing both grid and off-grid solutions is not fast enough to allow the world’s state leaders reach their common goal of reaching universal electricity access by 2030. To not miss their target, countries need to find innovative ways of integrating decentralized power sources, renewables and scale up demand-side management. Staying optimistic, the International Energy Agency (IEA) deems global electrification by 2030 to be “within reach.”
As the use of 690 V energy efficient motors continues to grow within industrial applications, ABB has launched its new range of EQ A44 three phase 690 V high-functionality electricity meters, which deliver outstanding performance for the reliable metering of energy usage.The new meters are suitable for use in a wide range of applications including the processing industry, decentralized energy, mining, docks and harbours, wind turbines, water and waste water management.