ComEd, a unit of Chicago-based Exelon Corp, has turned to ABB’s latest distribution and outage management systems in order to minimize the impact of outages for its customers across northern Illinois. ABB Ability, an integrated software platform, allows for real-time monitoring, network analysis and outage management.
A tender for the procurement of LNG for 500 MW decentralized power in Indonesia will be opened by Singapore in due course. Maritime minister Luhut Pandjaitan announced the LNG cargoes will be shipped to small-scale, decentralized power plants (25-50 MW) in seven locations in close proximity to Singapore.
Driven by falling costs, increasing investor confidence and policy support, renewable power and decarbonisation technologies are reshaping global energy markets. In Wood Mackenzie and GTM Research’s latest report ‘Future of renewables: a radical disruption,’ over 21% of all cars on the road are estimated to be electric by 2035 under the carbon-constrained scenario. Such a stark shift to EVs can displace up to 6.5 million barrels of oil demand.
Tenet, the Dutch-German transmission system operator, has handed a $39 million contract to ABB to to supply a stabilization solution that will enhance the reliability and quality of power as the grid absorbs more renewable energy. Germany’s “Energiewende” roadmap targets at least 80% renewable energy by 2050.
Excess growth in global LNG supply, notably through the ramp-up of US LNG through 2018 and into 2019, will make European gas prices “move through the coal floor [price]”. Fuel-switching in the Western European power market, according to Societe Generale, will ultimately be determined by short-term gas prices hinging at the variable cost of shipping a US LNG cargo to Europe.
Smart electrically-driven heating is a “valuable field in which to invest”, Delta-EE says, pointing at the substantial installed base of electrically-driven heating – 30 million units across Europe. Considering that European utilities have lost over €100 billion in value since 2008, Delta-EE industry recommends “stakeholders should take advantage of digitalisation” and try to extract value from the electrification of heat.
Cairo Electricity Production Company (CEPC) has entrusted Mitsubishi Hitachi Power Systems (MHPS) with the upgrade of module-1 of the Cairo North power station. The CCGT has a rated output of 750 MW and runs based on two M701F gas turbines. Delivery and start-up of the upgraded plant is scheduled for the second half of 2018.
The European Commission is to crack down on all Large Combustion Plants (LCPs), mandating that they conform with best practice. It adopted an implementing act to introduce "Best Available Technique" (BAT) conclusions for some 3,500 power plants of 50 MW or larger, irrespective of their fuel. Stricter emission standards for all LCPS are meant to be in place by mid-2021.
Tested and validated at customer site, Siemens has reached the next level of efficiency with its HL-class – an evolution of its proven SGT-8000H technology. At Duke Energy's Lincoln County site in North Carolina, the new engine reached 63% combined cycle efficiency during testing in June 2017. Siemens’ mid-term goal is to reach 65%.
New York State has an ambiguous relation with natural gas: Although manufacturers and power producers are benefitting from cheap shale gas from Marcellus, two major transmission pipeline projects – Constitution and Millennium Pipeline – have been halted by state regulators. Project developers pursue their options at the Federal Energy Regulatory Commission (FERC) and in court.
Aluminium Bahrain (Alba), one of the world’s largest aluminum producers, has raised financing for a 1,792 MW combined-cycle gas turbine power plant in Bahrain – supported by GE Energy Financial Services. SERV, a Swiss Export Credit Agency (ECA), agreed to back $310.4 million and €314.3 million loans with reinsurance from BpiFrance and Italy’s SACE.
Unabated growth in energy consumption prevails in Texas: The Lone Star State has consumed the most energy in every year since 1960, the earliest year for which EIA has data. By year-end it is estimated to exceed 12,998 trillion Btu. California ranked second, consuming about 8% of U.S. total energy use.
Plans for another FRSU with 17 mtpa regas capacity and an onshore LNG terminal show the government of Bangladesh “is clearly in support to boost its LNG supply,” Wood Mackenzie comments. Already, private capital is being attracted to this sector with Summit Power, Reliance Power and Petronet looking to invest in these terminals.
UK Power Reserve said it is “on track to deliver its 2014 capacity market obligations” with nine power stations built so far in 2017 and another nine set for completion by the end of the year. Once all 18 are commissioned and fully operational, UKPR will contribute 364MW of fast-ramp, flexible gas generation to the UK power grid.
National Grid Corporation of the Philippines (NGCP) is collaborating with GE to deploy a 500kV power transmission backbone – as additional outgoing circuits from Hermosa to San Jose that will allow simultaneous maximum dispatch of existing power plants. Due for completion by Q4-2018, the project is meant to enhance the reliability of power supply to the Luzon grid.