Daily News

A rebound in crude oil and petroleum product prices has caused a 16% rise of the spot energy index in the Standard and Poor's (S&P) Goldman Sachs Commodity Index (GSCI) at year-end, after the index fell nearly 20% in the first half of the past year. 

Portuguese project company Graciolica, backed by its Danish majority shareholder, has placed an order with Greensmith Energy for an integrated energy management system (GEMS) for its microgrid power unit in the Azores. The hybrid renewable plant will supply 1-MW of solar and a 4.5-MW wind power to the island power grid. The plant is slated to start operations in mid-2018.

Micoturbine manufacturer Capstone has launched a new cleanable severe environment air filtration system for its product line and subsequently won an order for three C65 microturbines, utilizing this new filtration system, for a flare gas reduction project in Oman.

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.

Tuesday, 2 January 2018 / Markets

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.

Global coal demand is facing a “decade of stagnation” and should remain nearly flat between 2017 and 2022, the International Energy Agency (IEA) forecasts. Lower gas prices, a surge in renewables and improvements in energy efficiency have caused a 1.9% fall in global coal consumption last year to 5,357 million tonnes of coal equivalent (Mtce) - the second year of decline.

Power-to-gas technology developed by the German equipment manufacturer Viessmann has the potential to significantly decarbonise the gas grid. “Our solution takes micro-organisms and CO2 - natural by-products of anaerobic digestion - and introduces them to hydrogen, converting it into synthetic methane which can in turn be injected into the natural gas grid,” explains Christian Engelke, technical director at the firm.

Seminole Electric, a Florida-based cooperative, has filed a proposal with the state Department of Environmental Protection (DEP) to build a 1,050-MW combined-cycle gas power plant in Putnam County. If approved, the plant will replace one of two 650-MW coal-fired units operating on site.

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.

The California Independent System Operator (CAISO) has certified the Greensmith GEMS Site Controller as a Remote Intelligent Gateway (RIG) for direct telemetry of participating generators and loads within the CAISO balancing authority area. Metering and telemetry are mandatory tools used to ensure operational visibility and accurate revenue accounting for the grid operator.

Growing complexity and changing regulations within the Nordic energy market, has prompted Denmark’s largest utility HOFOR to replace its in-house trading system. Also known as Greater Copenhagen Utility, HOFOR selected Contigo’s enTrader for managing its energy portfolio, which includes Nordic power, coal, carbon emissions and FX.

Shifting focus on digitalization, Siemens has opened a new MindSphere Application Center for Power Generation Services in Berlin. With this new center, the German OEM seeks to set the stage for more co-creation in direct involvement with its energy customers. Featuring a broad portfolio of digital services and tools, the MindSphere centre allows customers, software engineers and Siemens experts to come together to explore the value-added by digital services tools and solutions.

The days when traditional utilities in Europe were retaining earnings to finance big projects off their balance sheet are over. As governments prioritize electricity security and a transition toward more sustainable energy use, financial investment decisions (FIDs) are becoming more complex, say IEA energy analysts Michael Waldron and Yoko Nobuoka. Yet regardless of the challenging economic environment, European utilities have increased their investment capabilities, and according to IEA findings, their Capex as a share of earnings has strengthened in recent years.

With world energy demand growing at 1.1% per year, the Gas Exporting Countries Forum (GECF) anticipates a 53% rise in global gas consumption between 2017 and 2040. Non-OECD Asia is seen as the main growth driver, followed by the Middle East and Africa.

Sonatrach, the Algerian state-owned energy group, has started producing natural gas at the new Reggane Nord field which is anticipated to produce 8 million cubic meters per day at peak. Together with two other fields due to come online in 2018, the Reggane complex will revive Algeria’s maturing upstream sector.

News in Brief

German coal plants “worthless” at CO2 of €45/t

Feb 16 – Coal power plants in Germany would have to be almost completely eliminated by 2030 in a scenario with a carbon price of €45/t, a study of Barclays bank finds. A total of 46,000-MW of black and brown coal-fired generation is currently in service in Germany.

Iran plans to add 40 decentralized gas gensets

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.

National Grid makes £1m for top projects

Feb 14 – The UK’s National Grid System Operator is reaching out to industry and academia to open up a discussion on priority investments across the GB gas and electricity systems. Up to £1 million is available for the top projects, National Grid said when opening the funding application process which closes on 28 February.

Wärtsilä renews O&M accord for Saudi power plant

Feb 13 –Saudi Arabia-based Hail Cement Company hasrenewing the three-year asset management agreement with Wärtsilä and for a power plant in Turbah, Saudi Arabia. Under the agreement, Wärtsilä provides guarantees for the performance of the 53 MW base load plant, equipped with seven Wärtsilä 32 gas engines.

Black & Veatch eyed as EPC contractor for £500m Wyre plant

Feb 12 – Wrye Power, a subsidiary of NPL Group, and China Machinery Engineering Corporation (CMEC) have hired Black & Veatch as EPC contractor for the £500 million Wyre power project. Black & Veatch will provide engineering and planning consultancy services to develop the 900 MW combined cycle gas turbine plant, which will be built at Fleetwood in Lancashire.

Lockyer Valley Energy Project gets environmental nod

Feb 9 – The Lockyer Valley Energy Project, a 1,000-MW gas-fired power plant formerly known as the Westlink Project, has received environmental approval from the US Federal Government. As part of the approval, Quinbrook Infrastructure Partners, the developer of the plant, has been ordered to commit up to $800,000 for an environmental offset plan.

GIP buys NRG Yield

Feb 8 – Global Infrastructure Partners (GIP), an independent infrastructure investor, has agreed to acquire NRG Energy’s US renewable energy platform for $1.375 billion in cash and provide backstop support for NRG Yield agreed purchase of the Carlsbad Energy Center project. NYLD is the second largest US power company by enterprise value and market capitalization, operating a total capacity of 5.1 GW, diversified across wind, solar, and natural gas technologies.

Rolls-Royce tests lean-burn combustion system

Feb 7 – Rolls-Royce has run a demonstrator engine featuring ALECSys (Advanced Low Emissions Combustion System) for the first time on a testbed in Derby, UK. Designed for future jet engine programmes, ALECSys may be adapted for the power generation segment at a later stage.

Just Energy takes over EdgePower

Feb 6 – US retail energy provider Just Energy Group announced today it has agreed to acquire all shares or EdgePower, a privately-held energy monitoring company. Based in Aspen, Colorado, EdgePower provides lighting and HVAC controls, as well as enterprise monitoring in hundreds of commercial buildings across North America

Pöyry to carry out EPC for cogen project in Finland

Feb 6 – The Finnish utility Pori Energia has selected Pöyry to carry out project management, basic and detail engineering and procurement services for 90-MW Aittaluoto combined heat and power (CHP) plant project. The construction of the new cogeneration power plant will be completed by mid-2020, and once operational Pöyry will replace some of the boiler capacity at Aittaluoto.

Kosmos advances FLNG offshore Senegal

Feb 5 – Kosmos Energy has completed drilling the Requin Tigre-1 exploration well in Senegal’s Saint Louis Offshore Profond block. Exploration of the deepwater Cretaceous petroleum systems offshore Mauritania and Senegal are part of Kosmos’ efforts to source more feedgas for a FLNG project, though some of the gas find will be reserved by local governments for power generation.

Eland gets involved in Innovate UK project

Feb 2 – Participating in a £1 million Innovate UK grant-funded project, Eland Cables will install its new long linear capacitor cable technology, dubbed the Capacitive Transfer System (CTS) to help reduce power loss in the national grid. The UK currently loses around 7.6% of the power it generates during transmission and distribution, which equates to an estimated £1.1 billion spent annually.

Floating power market to quadruple by 2023

Feb 1 – The global Floating Power Plant industry is expected to surge exponentially by 2023, registering a growth rate of 10.23% during between 2017 and 2023, according to Market Research Future. Gaining full viability as a technology, floating power plants are being rolled out to guarantee uninterrupted electricity supply in remote locations that are not connected to national distribution grids.

Ener-Core, Dresser-Rand grid synchronize CHP

Jan 31 – Ener-Core’s first two 1.75-MW power oxidizers, integrated with Dresser-Rand KG2-3G gas turbines have achieved electrical synchronization with the power grid at the Pacific Ethanol bio-refinery in Stockton, California. The oxidizers are replacing the traditional gas-fired combustion chamber within CHP gas turbines, allowing industry customers to convert their low-quality waste gases directly into clean power, heat and steam.

Gazprom’s curbs domestic gas debt

Jan 30 – Accumulation of overdue debt for gas supplies remains a problem for the Russian gas market. According to Gazprom data, the total outstanding debt reached RUB 170.7 billion ($3.03bn) by January 1, 2018, an increase of RUB 9.8 billion ($173m) from early 2017. Among the most problematic non-payers are heating suppliers, which account for about 35% of the debt and two-thirds of debt growth.

Global gas demand up 3%

Jan 29 – Spurred by China’s green energy policy, global gas demand increased 3% year-on-year in the first three quarters of 2017, according to Cedigaz figures. The Paris-based research institute criticized that investments made upstream and in liquefaction infrastructure have been “insufficient” in recent years, with Coral the only LNG export venture to take a final investment decision last year.

UKPR launches iGrid App for Android

Jan 26 – UK Power Reserve has launched an Android version of its iGridUK app, providing near real-time information about the energy market, such as generation by fuel type and peak demand. The release complements the popular iGridUK app for Apple.