Siemens is applying its electrification experience in the marine industry to offshore oil and gas, focussing on reducing emissions and risk in harsh operational environments. BlueVault, Siemens’ advanced lithium-ion battery-based solution, is suited for both all-electric and hybrid energy-storage applications.
Russia’s Gazprom announced it has completed of the first line of the TurkSteam offshore gas pipeline across the Black Sea to Turkey. Pipe-laying works had started last year, and Gazprom said the second line will be laid in the third quarter of 2018, with the aim of finalising construction of the entire 31.5 Bcm pipeline over the course of 2019.
Singapore-based Sembcorp Utilities is moving ahead with of a 750MW gas-fired power project in Vietnam, having just signed a land allocation deal with the People's Committee of Quang Ngai Province. “We are committed as a longterm investor to Vietnam,” said Koh Chiap Khiong, Sembcorp’s head of Singapore, Southeast Asia & China at Sembcorp, pointing at the company’s construction and co-ownership of the Phu My 3 power station.
Federal financial interventions and subsidies in U.S. energy markets have been in a steep decline over the past five years. According to the U.S. Energy Information Administration (EIA), federal monies spent in energy markets nearly halved in the period 2013-16, falling from $29.3 billion in the 2013 fiscal year to $15.0 billion in FY2016.
Loss-making Irsching power units 4 and 5, with a combined capacity of 1,400MW, are likely to stand idle for the third year in a row beyond April 2019. In a filing to the German energy regulator, Uniper and the co-owners of unit 5, Mainova, N-Ergie and HSE, said they see “no way to ensure the Bavarian power plant’s commercial viability.”
Technology changes that come with the energy transition are far-reaching, notably for power grid operators tasked with having to keep the balance between supply and demand. “Of course, target we are aiming for is a “full 3D” system, i.e. a system that is 100% decentralized, 100% decarbonized and 100% digitalized,” says Thierry Lepercq, executive vice president at ENGIE in charge of Research & Technology.
Michigan Public Service Commission (MPSC) has approved DTE Electric’s certificates of necessity filing to build a 1,100 Gigawatt gas-fired power station in St. Clair County at a cost of nearly $1 billion. Construction will now start in early 2019, DTE said, aiming to get the plant commissioned by 2022.
Goldman Sachs has issued one of the largest project bonds ever granted to Brazil for the CELSE’s 1.5 GW Porto de Sergipe I power plant project. GE is the EPC (Engineering Procurement and Construction) provider for the project, currently under construction. The 3.2 billion Brazilian Real ($925m) financing deal is the largest private investment ever made in the state of Sergipe.
Société Tunisienne de l’Élecriticité et du Gaz (STEG) has awarded the Italian turbine manufacturer Ansaldo Energia an EPC (Engineering, Procurement and Construction) contract for turnkey supply of a 625MW open-cycle gas turbine power station in Mornaguia, south west of Tunis. The deal also includes an LTSA (Long Term Service Agreement) contract for the facility.
Venturing into the Chinese distributed power generation market, Siemens is working with Aero Engine Corp of China (AECC) to supply two SGT-700 gas turbine units to a power station project run by Guangzhou Development Group (GDG) in Taiping Industrial Park, Guangzhou. The plant is scheduled to start operation in the second half of 2019.
The Government of Vietnam has approved plans by PetroVietnam Power Corp, or PV Power, to build two gas-fired power plants in southern Vietnam at an estimated cost of $1.5 billion. The Nhon Trach units 3 and 4, with a combined capacity of 1,500MW, are scheduled to start operation in 2020 and 2021.
Iran’s Thermal Power Plants Holding Co. (TPPH) is working on realizing plans for adding nearly 3,000MW of new power generation capacity to help meet the nation’s growing demand in the peak summer period. Two-thirds of the projected capacity is already in place, with the remaining 1GW to be started up and grid-synchronized before the summer demand hikes.
The Finish technology group Wärtsilä has signed a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to Mbour, Senegal, that is meant to lower the country’s energy cost and help integrate more renewable energy sources. The order for the Malicounda power project was placed by Lebanon-based Matelec Group, the contractor of the Independent Power Producer MPG (Melec Power Gen).
Siemens has received an order from Inter Pipeline Ltd to provide long-term service for two SGT-800 gas turbine generator sets in Canada. The units will operate at the Central Utilities Block (CUB), part of the company's Heartland Petrochemical Complex currently under construction near Fort Saskatchewan, Alberta.
Japanese utilities TEPCO and Chubu Electric, through their JERA joint venture, are planning to invest around $935 million on new power generation projects in the United States by 2030. JERA said it specifically targets to acquire stakes in gas-fired power units, as those are seen to become “increasingly price competitive.”