President of Bolivia Evo Morales has met Gazprom chairman Alexey Miller in Moscow to discuss joint projects for oil and gas development, notably boosting the output of Bolivia’s massive Incahuasi field. If successful, this move will lead to rising exports of pipeline gas to neighbouring Argentina where it is being used as a fuel for power generation.
Ansaldo Energia and Leonardo – one of the top ten players in aerospace, defence and security – are setting up the "Start 4.0 Competence Centre for the Security and Optimisation of critical Infrastructures" in Liguria, Italy. Their mission is to identify adequate solutions through experiments and validate methodological approaches to map risk and protect infrastructure, notably power plants.
ACWA Power, a Saudi power plant developer and investor with assets worth over $30 billion, has signed a Memorandum of Understanding (MoU) with China Energy Engineering Corp. to explore joint investment opportunities and cooperate on power generation and water desalination projects across the Middle East and Asia. The deal was signed in Dubai on Sunday by ACWA Power's chairman, Mohammad Abunayyan and China Energy’s chairman, Wang Jianping.
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.
May just passed has been the month with the highest natural gas demand in Spain for industry since records began, with a total of 17,654 GWh, according to Enagas figures. Overall gas demand in Spain had grown by about 11.6% compared with May last year, reaching 26,255 GWh, largely driven by the industrial sector and some larger gas deliveries for power generation.
NET Power, developer of an emission-free gas power generation technology, has taken a leap forward with successful combustor first-fire at its 50MWth demonstration plant in Texas. Using the technology called Allam Cycle, the new plant is “radically different” from conventional combined-cycle plants. It uses high pressure CO2, rather than steam, as the working fluid to generate electricity from carbon-based fuels without producing air emissions.
Philippine’s dominant power producer First Gen is looking to cooperate with San Miguel Corp., a conglomerate invested in local energy infrastructure, to jointly realize a $1.2 billion LNG import terminal in Batangas province with a regasification capacity of 3-5 mtpa. The imported gas will be designated for the 1,200-MW Ilijan combined-cycle gas power plant, operated by San Miguel, that could be expanded by up to 1,800 MW.
South Korea coal-fired power plants will be mandated to meet a new 0.4% sulphur limit in coal consumption, effective from July 2018. The new law is meant to diversify the energy mix away from fossil power sources but WoodMackenzie analysts warn the new policy will push up the cost of power generation, impacting on electricity prices.
Canada’s current policies, combined with energy efficiency investment, could deliver final energy savings of 1.9% per year on average through 2050, the International Energy Agency (IEA) finds. Sectors with the greatest energy savings potential would be buildings (28%), followed by transport (25%), oil and gas extraction (21%) and industry (12%).
Dirty king coal is no longer vital for Germany’s security of power supply. In fact, about half of the country’s coal-fired power generation capacity could be shut down over the coming years if planned grid extension and the additional gas-fired plants start operating according to schedule, said Jochen Homann, head of the German energy regulator.