Daily News

MAN Energy Solutions in consortium with the Danish power-plant specialist Burmeister & Wain Scandinavian Contractor, has won a $ 100 million contract to build a 56 MW power plant in Bermuda. The customer, Bermuda Electric Light Company (BELCO), is the sole electricity supplier on the island. Construction and commissioning is slated to be completed within 18 months.

Energy Transfer Partners (ETP), developer of the $4.3-billion Rover Pipeline, has accused the Ohio Environmental Protection Agency of attempting to delay the project’s completion. By raising this claim, ETP is trying to fight back against a regulatory notice over low-level contamination.

Russia’s natural gas giant Gazprom, the largest supplier to the EU, is accelerating efforts to export gas to China. Construction of the ‘Power or Siberia’ pipeline to northern China via the Altai pass is now 90.5% complete. In pre-developing the huge Chayandinskoye field, Gazprom said it is “acting in strict compliance” with the start of Russian gas deliveries to China, due on December 20, 2019.

Oil and gas giant Royal Dutch Shell has underwhelmed expectations by posting a Q2 net income of $4.69 billion – less than even the lowest analyst forecast. The launch of a $25 billion share buyback, however, is seen as a signal that Shell has recovered from a three-year downturn in the energy sector.

Speedy development of Argentina’s Vaca Muerta shale gas play is hope to accelerated plans to restart exports of pipeline gas to Chile and end imports of LNG cargoes within in a few years’ time. Repsol-YPY, the Spanish Argentine joint venture, just signed a contract to supply gas via the Andes to Chile’s southern province of Biobio.

The Swiss arm of MAN Diesel & Turbo and ABB Switzerland have started to jointly develop, produce and commercialize a three-way Electro-Thermal Energy Storage system (ETES). Based on so-called ‘charging cycle,’ the ETES uses surplus renewable-electricity to generate heat and cold for storage in insulated reservoirs. The stored heat and cold can then be converted back into electrical energy on demand.

Assessing the link between economic growth and energy demand, the U.S. Energy Information Administration (EIA) expects that China, India and Africa – three heavily populated parts of the world – will account for 36% of global energy consumption in 2040. “How these regions develop economically is likely to have important implications for global energy markets because of increased demand from the production and provision of goods and services,” the EIA said in its International Energy Outlook 2018 (IEO2018).

Eager to gain proprietary turbine technology, State Power Investment Corporation (SPIC) of China has signed a Memorandum of Understanding (MoU) with Ansaldo Energia this week to achieve mutually beneficial results in the heavy duty gas turbine area. The accord comes just weeks after Siemens and SPIC struck a technology cooperation in early June to enhance their heavy duty gas turbine programme.

South Korea has called off plans to phase out nuclear power after a summer heatwave exposed security of supply issues. Eager to avert the risk of blackouts, the Administration of President Moon Jae-in mandated five nuclear power plants to restart operations in order to support LNG and coal-fired power generation during the peak demand period of August.

The ‘Egypt Megaproject’ – three power stations at Beni Suef, Burullus and New Capital with a total capacity of 14.4 GW – have been completed and commissioned in record time. With this milestone, Egypt and Siemens and its consortium partners, Orascom Construction and Elsewedy Electric, have set a new world record for execution of modern, fast-track power projects.

Deployment of large-scale battery storage is rapidly increasing across the United States, but capital costs of energy storage systems vary greatly, dependent on the technology uses. Energy-oriented batteries systems, used for peakload shaving, are designed for longer durations and consequently have higher average costs per kilowatt and lower costs per kilowatthour. This type is mostly used in the California Independent System Operator (CAISO) area.

China’s State Power Investment Corp (SPIC) and the Italian turbine manufacturer Ansaldo Energia have signed a Memorandum of Understanding (MoU) to cooperate on developing a new gas turbine. The two partners stated the technical cooperation will focus on heavy-duty gas turbines and is aimed at setting up a “win-win partnership”.

Lacklustre rewards and regulatory risk is weighing down the oil, gas and coal sector, hence the Institute for Energy Economics and Financial Analysis (IEEFA) sees a growing rationale for divesting from the fossil fuel industry. “Future returns from the fossil fuel sector will not replicate past performance,” IEEF analysts warned.

General Electricity Company of Libya (GECOL) is gearing up to adding 500 MW of gas power generation capacity to the national power grid. The additional supply comes from the start-up of unit-1 at the Gulf Power Plant in Sirte and Unit-2 of the Al-Sareer Power Plant.

Fivesgroup, an Italian industrial engineering group, has opened up its European test centre based in the Italy’s northern province of Piacenza. Claimed to be the largest combustion research centre in Europe, the centre will help Fives to reduce time-to-market of new systems through digital design processes.

News in Brief

Aramco collaborates with Schneider Electric

Sept 21 – Saudi Aramco has signed a Memorandum of Understanding (MoU) with Schneider Electric to work together on various advanced digital technologies, including virtual reality. The MoU is one of several accords to support the Aramco’s 2020 Transformation Programme and the kingdom’s own Vision 2030 economic blueprint.

GE appoints new CCO

Sept 20 – Jennifer Erickson has been named Chief Communications Officer (CCO) for General Electric with immediate effect. Erickson will report to Linda Boff, Chief Marketing & Learning Officer, GE who called her “hard work, superb instincts and team leadership” as a great asset to help transform GE for the future.

ENGIE rated “industry leader” in DJSI

Sept 20 – ENGIE has been rated “industry leader” in its sector in the Dow Jones Sustainability Index (DJSI) World and Europe indices in 2018. In the area Multi and Water Utilities it achieved a score of 82 out of 100.

Fuel cell CHP market keeps growing at +24%

Sept 19 – The global market for fuel cell for combined heat and power (CHP) applications is forecast to grow at an annual rate of over 24% through 2022. Fuels cells are considered a clean source of energy that is highly expandable and can be used in a variety of applications. Top manufacturers include: Bloom Energy, FuelCell Energy, Viessmann, Baxi, Ceres Power, Doosan Fuel Cell and Toshiba.

Siemens Gamesa stays in DJ Sustainability Index

Sept 18 – For the ninth time running, Siemens Gamesa has been confirmed as member of the Dow Jones Sustainability World Indices (DJSI World). The Spanish company scored particularly well in the areas of codes of business conduct, supply chain management, operational eco-efficiency and product stewardship.

Oldest U.S. power plant retires

Sept 17 - The Oyster Creek Nuclear Generating Station, a 625 MW single-unit GE boiling water reactor in New Jersey, will retire today. The plant, situated 50 miles east of Philadelphia, first came online in December 1969 and is the oldest commercially operated nuclear power plant in the United States.

Power of Siberia 93% complete

Sept 14 – Gazprom CEO Alexey Miller has informed his Chinese counterpart at CNPC, Wang Yilin, that 93% or over 2,010 kilometers of the Power of Siberia pipeline’s linear part from the Chayandinskoye field to the border with China has been welded and laid. The submerged crossing under the Amur is also “nearly complete.”

Industry benefits of cheap Marcellus gas

Sept 13 – Commercial and industrial users in Pennsylvania have saved about $17.2 billion as a result of the low price of natural gas. Abundant production out of the Marcellus Shale and helped push the price down from $10.39 per thousand cubic feet in 2008 to currently below $3, and occasionally lower.

DNV GL opens digital hub in Singapore

Sept 12 – Driving digitalization across the oil & gas, maritime and energy sectors, DNV GL has launched a new digital hub in Singapore. Named Digital Consulting and Smart Cities, the new hub includes three teams covering smart cities, cybersecurity and digital development – all based on DNV GL’s data management platform Veracity.

Siemens launches floating power barge

Sept 11 – Siemens has developed barge-based, turnkey floating power solution that takes a critical part of an FLNG facility off a project’s critical path. According to the manufacturer, the integrated turnkey solution helps reduce overall project execution time by 25% or more.

ENGIE, Maltem found Blockchain Studio

Sept 10 –The French utility ENGIE and Maltem, an advisory on digitalization, have jointly founded a Blockchain Studio to make this technology more accessible to energy companies. An initial €1,9 million in seed funding has been secured, the companies said, which will be used to develop activities in southern Europe, and open an office in Singapore at the beginning o f 2019.

UPS for Dubrovnik Airport

Sept 7 – A new data center for Dubrovnik Airport in Croatia has been equipped with modular uninteruptible power supply (UPS). The solution ABB’s DPA UPScale ST 60 system CBAT-120 battery cabinets and the Rittal IT solutions.

FirstEnergy modernizes grid in Ohio

Sept 6 – FirstEnergy has started to rebuild and modernize an existing 69-kilovolt (kV) power line in its Ohio service area. The project is part of Energizing the Future, an investment initiative that has already led to a 37% reduction in equipment-related transmission outages across FirstEnergy ‘s power work in Ohio and the Penn Power territory in western Pennsylvania.

Wärtsilä supplies engines for 145-MW plant in Myanmar

Sept 5 – Wärtsilä gas engines have arrived at Ahlone port in Yangon, Myanmar, designated for a 145-MW power plant being built by Powergen Kyaukse Co. on behalf of Myanmar’s Ministry of Electricity and Energy. Powergen Kyaukse said it started civil works on site in preparation for installing the gas turbines. EPC contractor for the overall project is SEPCOIII Electric Power Construction of China.

Gas Turbine Control appoints new COO

Sept 4 – Gas Turbine Controls (GTC), supplier of replacement parts for all versions of GE power plant control systems particularly the Speedtronic series, has appointed John SantaCroce as new President and Chief Operating Officer (COO). John’s experience in finances, distribution and international sales is meant to benefit GTC clients through new products and service offerings

PennEnergy snaps up RexEnergy assets

Sept 3 – Pennsylvania-based gas producer PennEnergy has acquired nearly all assets of its former rival Rex Energy in a cash deal valued at an estimated US$600.5 million. Rex Energy recently filed for bankruptcy and had been primarily active in oil and gas exploration in the Appalachian Basin.

New GIS launched with 72.5kW

Aug 31 – GE Power’s Grid Solutions business has launched a new compact F35 Gas-Insulated Substation (GIS) for 72.5 kV networks. With a bay volume reduced by 23% and a 30% reduction in SF6 mass this new GIS allows the power voltage transformer to feed auxiliaries under “no wind” conditions, making it an ideal interface with a view to grid balancing.