Growth in Europe’s gas demand has returned and stays underpinned by the power sector, with higher coal and carbon prices continuing to support the competitiveness of gas-fired power generation, says Murray Douglas, research director, Europe gas at Wood Mackenzie. Most importantly, in his view, is that national coal phase-out policies are being enacted throughout Europe which will boost gas demand through to the mid-2020s.
The French EPC company Groupement TEC-IEE has contracted Wärtsila to build a small-scale power project intended to boost the development of local industry in Equatorial Guinea. The new 38-MW plant, equipped with four 34DF dual-fuel engines, will be running primarily on gas supplied from the country’s offshore fields.
With the launch of P9394GSI S5, rated at 2,500 horsepower, GE Distributed Power is adding another model to its Waukesha VHP Series-5 family of rich-burn gas engines. The new S5 engine has an improved cylinder head, piston/ring design, Miller-cycle combustion and Waukesha’s latest ESM-2 engine controls.
Anglo-Swiss commodity trading and mining company Glencore has signed a financing deal with Limay LNG Power Corp. of the Philippines and China Energy Equipment Company to jointly realize an integrated LNG import and power generation facility. The project includes a floating storage and regasification unit (FSRU) that will supply to fuel a power plant with up to 1,100 MW installed capacit in Bataan, Luzon Island.
Toshiba Energy Systems & Solutions (ESS) has started a survey to develop applications and use of its hydrogen-based H2One energy supply system, targeting isolated regions on islands in Indonesia and the Philippines. H2One utilizes renewable energy and hydrogen-powered fuel cells to deliver CO2-free electricity and hot water supply.
MHI Compressor Korea Ltd. (MCO-K) has been launched as a Joint Venture by a group company of Mitsubishi Heavy Industries and Mitsubishi Corp. Operating out of Seoul as of October 1, MCO-K is tasked to “further cultivate the promising market in South Korea,” where the Japanese manufacturer already sold many compressors and drives.
Siemens and Southern Idaho Solid Waste (SISW) have recently commissioned SGE-56HM gas engines that drive a landfill gas-to-energy project at the Milner Butte Landfill in Burley. These two SGE-56HM engines, each rated at1,300kWe, can convert 1,000 tons of landfill waste daily into – enough electric to power for approximately 2,000 homes.
Ansaldo Energy, the Italian power engineering company, has shipped the first gas turbines from its new production facility near Genoa Cornigliano. Following final assembly, large heavy-weight turbines – including Ansaldo's flagship GT36 – can now be shipped directly from the port of Genoa to customers worldwide.
Finland-based technology group Wärtsilä has decided to redesign its organization into two separate business areas – Wärtsilä Marine and Wärtsilä Energy, both covering new sales and services. With this change, Wärtsilä aims to deliver better value and serve to customers. The new structure will be in place as of 1 January 2019.
Net natural gas exports from the United States are spiraling up as more and more LNG export capacity comes into operation. From January through June of 2018, net gas exports averaged 0.87 billion cubic feet per day (Bcf/d), , which is more than double the average daily net exports during all of the previous year, at 0.34 Bcf/d.
Rolls-Royce, one of Britain’s leading engineering companies, has bought a stake in the Berlin-based energy storage and systems start-up Qinous. Marcus Wassenberg, CFO at Rolls-Royce Power Systems called the acquisition a “strategic investment” aimed at setting up a partnership to “develop of innovative energy storage solutions to meet tomorrow’s needs.”
Siemens and the Scottish energy company SSE work together to build the high-efficiency gas power station Keadby 2 in Lincolnshire. The consultancy Timera Energy, however, questioned the economic viability of SSE’s decision to invest £350 million in the 840 MW unit, considering the £8.40/kW clearing price in the 2018 UK capacity auction.
Singapore’s SP Group has contracted ABB to supply its DC fast-charging stations as part of an initiative in Singapore to accelerate the adoption of e-mobility in the city-state. In total, ABB will install 500 EV charging points across Singapore by 2020.
Gazprom is forging ahead with construction of the Amur Gas Processing Plant – the world’s second largest gas processing facility and a critical part of Russia’s Power of Siberia pipeline. The first heat exchanger, produced by Linde and Severgroup, has just been delivered from St. Petersburg to the construction site near the city of Svobodny, Amur Region, close to the border with China.
Uncertainty looms large over what effect of battery electric and plug-in hybrid vehicles (EVs) will have on worldwide energy consumption in the long run. Technological change, state subsidies and consumer choices are the three key parameters to determine future demand, with EV sales forecast to double from low levels by 2040.