Siemens has received an order worth €380 million from its customer Nizhnekamskneftekhim, part of the TAIF group, to build a combined cycle power plant (CCPP) on a turnkey basis in Tatarstan, Russia. As general contractor, Siemens will work with the Turkish company ENKA to build the 495-MW plant on a turnkey basis. The power plant is scheduled to begin operation in May 2021.
China National Petroleum Corp (CNPC) has said it started to divert almost 7 million cubic metres of natural gas from the southern province of Guangdong to northern China to ease gas shortages. The government’s 5-year plan, mandating power and heat generation in cities around Beijing to be led by natural gas instead of coal, has left northern China short of fuel at the time of a cold snap.
Construction works on Dubai’s $3.1 billion M-Station electricity generation and desalination plant in Jebel Ali has reached 82% completion, Dubai Electricity and Water Authority (DEWA) announced on Sunday. Once completed in Q3-2018, the upgraded and expanded M-station will have an installed capacity of 2,885 MW.
Faced with additional gas demand from new-build power stations, Nigeria needs nearly 2 billion standard cubic feet (Bscf) of gas to meet the country’s entire demand. Observers estimate the investment required to make that 2 Bscf available would be $6 billion for plants, pipelines and other infrastructure.
A central bank in a major EU economy has installed ABB’s smart circuit breakers Emax 2 to upgrade the backup power at its headquarters, increasing security and system resilience. “From a power perspective, a bank is a plant that must never shut down,” commented Fabio Monachesi, global product manager at ABB’s Protection and Connection unit.
Larsen & Turbo, the India-based technology conglomerate, has just commissioned the Sikalbaha combined-cycle power plant (225 MW) on behalf of its owner Bangladesh Power Development Board (BPDB). The 225-MW had also been built by L&T on a turnkey basis.
Natural gas consumption in the US has increased 27% this week, propelled up by an 18% demand rise from the power sector as a cold weather front moved across the country. In the Northeast, where cold weather persisted throughout the week, prices jumped at the Algonquin Citygate which serves consumers in Boston and at the Transcontinental Pipeline Zone 6 trading point for New York.
Iran’s deputy oil minister Ali Kardor, who also heads the National Iranian Oil Company (NIOC) has signed an energy roadmap with Gazprom chairman Alexey Miller that will see the Russian energy major conduct a proof-of-concept study on implementing integrated projects in Iran. Gazprom said it aims to work with NIOC along the entire gas value chain, from extracting gas in Iran to monetizing the product – ideally via the Iran LNG project.
The head of Alstom, Henri Poupart-Lafarge, has announced the French rail company will exercise its option to divest its stakes in joint ventures with General Electric. Alstom in 2015 sold off its power and grid business to GE for €9.7 billion, and following the divestment of all remaining stakes GE will have “complete and whole ownership,” the Alstom CEO pointed out.
Despite falling coal-burn in US power stations, the country’s overall energy sector is increasingly shifting to refined coal, made by mixing special additives to feedstock coal. Based to EIA data through September, use of refined coal has risen from 17% of power sector coal consumption last year to 19% so far in 2017.
South Korea today announced an energy roadmap for 2017-2031 which sets out steps on how to shift the country’s reliance on coal and nuclear power towards renewable energy and natural gas. Paik Ungyu, Minister of Trade, Industry and Energy confirmed the government's plan to shut down seven ageing coal power stations and convert six coal power projects to run on LNG.
France, Germany, the Netherlands, Sweden and the UK have announced at the One Planet Summit in Paris that they would “examine or introduce” an effective CO2 price in "relevant sectors." The UK already in April 2013 unilaterally introduced a carbon tax in the power sector, and the five EU energy ministers underlined their new joint initiative could be “an effective tool to comprehensively decarbonise the world economy.”
Insisting it needs more time, the European Investment Bank (EIB) has pushed a decision on whether to lend €1.5 billion to the Trans-Adriatic Pipeline (TAP) into early 2018, leaving project developers in limbo over the future of this strategic pipeline link in the EU’s Southern Gas Corridor.
The American Society of Mechanical Engineers (ASME) has handed an Emerging Technology Award to Siemens for the first successfully 3D- printed and fully tested gas turbine blades. Vetting what they call “ascending technologies”, ASME said the award winning products and processes have “left the breakthrough stage, crossed the commercialization valley of death, and are poised to reshape the industries where they compete.”
German utility Uniper and the British commodities trading house Javelin have teamed up to start selling 45 million tons of thermal- and metallurgical coal though a new joint venture with the coal miner Blackjewel. This JV also bought Noble Group’s US coal business for an estimated $34 million.