June 19 – French government officials said GE will have to pay penalties if it fails to realise its pledge to create 1,000 jobs in France by the end of this year. GE made the promise in 2014 as part of the €12.4 billion takeover of Alstom’s power generation and grid business. "The contract called for a 50,000 euro penalty for every job not created," France’s labour minister Muriel Penicaud told BFM television.
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.
Eager to maintain market share, GE Power has just introduced the new MXL2 with an additive manufactured, or 3D printed performance upgrade for the GT13E2 turbine. The new solution is meant to help operators of gas power plants save up to $2 million in fuel annually.
June 15 – Global market for combined heat and power is estimated to grow at an annual rate of 5.48% to reach $20.69 billion in 2018 and $27.01 billion by 2023. According to Markets and Markets, the main growth drivers are demand for energy efficiency and government incentives and programs to promote CHP.
Construction of the first unit of Persero’s Jawa-2 project (880 MW), officially named Tanjung Priok power plant, has been completed and the unit is now operating in simple-cycle mode with an approximate output of 300 MW. Built by Mitsubishi Hitachi Power Systems (MHPS), the unit will be transformed into combined-cycle mode in 2019.
June 13 – U.S. power generator New Mach Gen has filed for bankruptcy, presenting a pre-packaged reorganisation plan. New Mach Gen operates three gas-fired power plants with a combined capacity of 2,500 MW in Athens, NY, Maricopa County, Arizona and Charlton, Massachusetts.
Struggling through a tough year, GE Power has communicated a tentative plan to shut down most of its manufacturing plant in Salem, Virginia, by the end of 2019. GE justified the move with persistent challenges in the power industry and a steep decline in order-wins, the decision helps executives brace for a tough second quarter.
With Belgium aiming to transition to 100% renewables by 2050, flexibility of supply is paramount which spurs the drive for small-scale distribution. Helping to meet this need, GE’s Distributed Power business agreed to three Jenbacher J624 gas engines, balance of plant as well a performance management system to Den Berk Délice’s greenhouses in Antwerp.
UK Power Reserve has partnered with Fluence to deliver the first phase of its 120 MW battery storage portfolio to the British power grid. Fluence agreed to provide three 20 MW storage systems at sites in the Midlands and North West using its Advancion technology. All three new sites are due operational during winter 2018/19.