Total energy-related carbon dioxide emissions are projected to continue falling for the second year in 2017 but rise slightly in 2018, according to the EIA’s latest Short-Term Energy Outlook. Utilities in Texas and the Midwest are leading the way in cutting emissions by burning less burning coal. In both states a record number of coal-fired power stations were retired, or converted to natural gas.
Angela Merkel’s Christian Democratic Party (CDU) sees the much-debated option of a successive closure of coal power plants as a “last resort to meet Germany’s 2020 climate goals.” However, the timeline of such a coal exit is subject to fierce debate in the ongoing talks to form a coalition government, with the Conservatives stressing the importance of “reliable and reasonably priced power supply.”
LNG imports to Spain jumped 45% in October, spurred by rising demand from industry and the power sector which propelled up the country's total gas imports 29% year-on-year to an equivalent of 37.8TWh. According to data from the Spanish TSO Enagas, most LNG cargoes in October were imported from Nigeria, followed by Algeria.
ITM Power has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) to deploy large scale Power-to-Gas energy storage on the Northern Gas Networks’ (NGN) distribution grid. In a subsequent study, both partners will examine the potential and cost-effectiveness of such storage solutions, starting from the 50 MWh range.
Shortly after completing the project financing agreement for the Muara Tawar power plant upgrade, Indonesia’s PT. Perusahaan Listrik Negara (PLN) has give Doosan Heavy Industries & Construction notice to proceed (NTP) with works to convert and expand the plant from 1,150MW in open-cycle to 1,800MW in combined-cycle mode.
The Government of South Australia has evaded questions in Parliament about the cost of its new mobile power generators that have been installed and tested at Elizabeth and Londsdale. Rumours have it the final price tag might exceed $400 million but Premier Jay Weatherill refused to provided details, pointing to a confidentially agreement with the generator’s operator APR Energy.
Germany’s largest utility RWE on Tuesday reported a recovery in Q3 profits but warned of a quick exit from coal power to further reduce carbon emissions and reach Germany’s climate target, as demanded by the Green Party. Just days earlier, RWE said it is de-mothballing another two gas power plants ahead of the coming winter.
France’s leading power transmission utility, RTE has contracted the Swiss engineering company ABB to deploy its Ability Network Manager control system to help enhance the grid’s reliability and efficiency. RTE manages a network of more than 1,200 transformers, 2,800 substations and 3,500 delivery points.
Sri Lanka’s energy minister Ranjith Siyambalapitiya is seeking to push a proposal for an LNG-fuelled power plant project through Parliament. The 400 MW Hambantota project will be built by a joint venture between the China Machinery Engineering Corporation (CMEC), nominated by the Chinese government, and the Ceylon Electricity Board.
“The boom years for coal are over” in the absence of large-scale carbon capture, utilisation and storage (CCUS), according to the IEA’s World Energy Outlook (WEO-2017) just issued. Over the next 25 years, the world’s growing energy needs are met first by renewables and natural gas, as fast-declining costs turn solar power into the cheapest source of new electricity generation.
Reacting to pressure from investors, General Electric’s new CEO John Flannery announced plans to exit the locomotives and industrial lighting markets to focus on aviation, power generation and healthcare, while shedding 25% of its corporate staff. “Complexity has hurt us,” he said, adding GE needed “right-sizing” in its power segment to reduce costs.
Japan’s Mitsui has agreed with the Bangladesh government to develop an LNG-fuelled combined-cycle gas turbine (CCGT) power plant with a capacity of between 500 MW and 600 MW at Cox Bazar. A memorandum has been signed in this regard between the state-owned Coal Power Generation Company Bangladesh (CPGCBL) and the Japanese firm. The deal comes just days after the Bangladeshi government agreed with Siemens on a 3.6 GW LNG-to-power project.
Finland’ technology group Wärtsilä has received full notice to proceed to deliver ten 50SG engines for two new power plants, under construction by an investor-owned utility in the United States. Upper Michigan Energy Resources Corp (UMERC), a subsidiary of WEC Energy Group, will operate the two fast-ramp plants with a combined output of 188 MW.
Coal has been singled out as one of the key culprits for global warming at the Bonn climate talks and several European countries have come forward with plans to phase out coal-fired power plants. Italy aims to exit coal by 2025 and boost the role of renewables, the government in Rome said on Friday. In Berlin meanwhile, the issue is a subject to fierce debate as coalition talks drag on between the Conservatives, Liberals and the Green Party.
China Energy Investment Corp has signed a Memorandum of Understanding (Mou) to invest up to $83.7 billion over the next 20 years in shale gas development and downstream gas markets in West Virginia. “Projects will focus on power generation, chemical manufacturing, and underground storage of natural gas liquids and derivatives," the U.S. Department of Commerce stated, adding planning for the projects "is underway."