Mexico, the largest offtaker of US pipeline gas and LNG importer from Peru, Nigeria and the US, is getting ready to launch an online gas trading platform by the summer of this year, at the latest. The Federal Electricity Commission (CFE), Mexico’s state-owned grid operator, also plans to set up several gas pricing points. “We'll have Henry Hub, too, as that's what we now have,” said Javier Gutierrez Becerril, director of operations at CFE Energy.
Precisely geared to the tasks of users in the control room of a power station, Siemens’ latest instrumentation and control systems SPPA-T3000 Cue is proving a “risk-free means” for operators around the world to cut costs and reduce plant downtime.Customers embrace the new system, so SPPA-T3000 was already sold to a three-digit number of power station operators within just a few months after the launch.
Co-operating on data center projects, Wärtsilä and Schneider Electric have partnered to join up their individual products and services, along with those of third parties. The co-operation focuses on hyperscale data center projects with at least a 10-MW electrical load.
Speed and scope of implementing both grid and off-grid solutions is not fast enough to allow the world’s state leaders reach their common goal of reaching universal electricity access by 2030. To not miss their target, countries need to find innovative ways of integrating decentralized power sources, renewables and scale up demand-side management. Staying optimistic, the International Energy Agency (IEA) deems global electrification by 2030 to be “within reach.”
“Green chemistry” is what Evonik and Siemens are envisaging by using electricity from renewable sources and bacteria to convert carbon dioxide into specialty chemicals. Based on €2.8 million funding from Germany's Federal Ministry of Education and Research (BMBF), the two companies just launched a 2-year research project, called ‘Rheticus’, on electrolysis and fermentation processes.
Low-cost of natural gas has allowed it to stay the dominant source of power generation in the United States for the second year in a row. The US Energy Information Administration (EIA) estimates that gas-fired power plants covered an average of 32% of total U.S. electricity needs in 2017, compared with 30% from coal power plants.
Moody's Investors Service maintains its stable outlook for the power sector in India over the next 12-18 months. The Indian government's debt restructuring of financially weak distribution utilities, under the Ujwal Discom Assurance Yojana (UDAY), is expected to “gradually improve the financial conditions of state-owned distribution companies,” alleviating off-taker risk.
Dominion Voltage Inc. (DVI), a subsidiary of Dominion Energy and leader in Volt/VAR optimization "VVO" solutions, will work with energy companies in Ontario, Canada, to help avoid energy losses in power distribution systems in line with the government's Long-Term Energy Plan. Navigant estimates the inclusion of front of the meter conservation (IFMC) will reduce annual power demand by 185-MW and save up to 1,130 gigawatt hours (GWh), once implemented.
New York mayor Bill de Blasio on January 10, 2018, announced a lawsuit against ExxonMobil, Shell, Chevron, BP and ConocoPhillips, claiming the companies intentionally misled the public about the effects of climate change in order to protect their profits. Together with comptroller Scott Stringer, de Blasio submitted a resolution instructing the city's five pension funds to explore ways to divest their fossil fuel holdings. Between them, the funds hold $5 billion worth of securities in over 190 fossil fuel-related companies.
Diversifying electricity sources, Oman Power and Water Procurement Company (OPWP) has floated a tender in search for a consultant to carry out a feasibility study for the country’s first waste-to-energy project. Capacity of the plant and capital expenditure will be specified later.
Oklahoma Gas and Electric (OG&E) has filed to the state’s public utilities commission for permission to increase rates, seeking to recover its $390 million investment in the Mustang Energy Center. The 462-MW peaking power plant is the first gas-fired generator that OG&E has built in more than 30 years.
As the use of 690 V energy efficient motors continues to grow within industrial applications, ABB has launched its new range of EQ A44 three phase 690 V high-functionality electricity meters, which deliver outstanding performance for the reliable metering of energy usage.The new meters are suitable for use in a wide range of applications including the processing industry, decentralized energy, mining, docks and harbours, wind turbines, water and waste water management.
Action in terms of demand-side response is essential to ensure a smooth and timely clean energy transition. Globally, the theoretical potential of demand-side response today is nearly 4,000 TWh per year, or more than 15% of total electricity demand, according to the International Energy Agency (IEA).
More than three months after Hurricane Maria hit the U.S. territory on September 20, over 1.5 million Puerto Ricans remain without stable electricity supply. Hard-pressed to revamp the island’s power grid, the island’s energy commission has now proposed to emphazise new wind and solar power projects, next to fast-ramp gas peaking plants.