Daily News

New research from Purdue University in the US suggests that methane emissions from gas power plants may be significantly higher than accounted for in current inventories. Methane is a greenhouse gas that contributes to global warming.

EGAT has signed a deal for the South Bangkok Power Plant Replacement Phase 1 project, which will replace existing decommissioned and emergency turbines and other equipment at the plant near Thailand’s capital.

Shell says its QGC joint venture in the Australian state of Queensland is to drill up to 161 additional wells - a move that enables further supply for both domestic customers and exports. The announcement comes just over a week after Australia’s Prime Minister Malcolm Turnbull threatened to curb LNG exports unless big producers did not provide more gas for the domestic market.

Intercontinental Exchange (ICE) is launching its first-ever US LNG futures contract in May, as exports from the US begin to rise sharply.

Australia’s big LNG exporters – including Shell and Exxon - have agreed to a request from Prime Minister Malcolm Turnbull to supply more gas to the domestic market.

Gazprom and Eni have signed a memorandum of understanding in Moscow over sales of Russian gas.

A report from analysts Research and Markets says the global Carbon Capture and Storage (CCS) market will grow 9.18% per year between 2017 and 2021, with Babcock & Wilcox, ENGIE, GE Power, The Linde Group & Mitsubishi Heavy Industries dominating developments.

Siemens has opened a dynamic grid centre designed to better manage the growing complexity of power transmission systems in Germany.

Chevron says it won’t build any more major LNG projects in Western Australia, and other developers are expected to follow suit, as they focus on returns on money already spent in a market that has seen costs overshoot and prices crash since 2013.

Cheniere has filed a request with the US Federal Energy Regulatory Commission (FERC) to begin the commissioning process of its fourth liquefaction train at the Sabine Pass LNG project in Louisiana.

The UK government is preparing to intervene to control energy prices because the market is “manifestly not working” for consumers, according to Prime Minister May. The Government has faced repeated calls for a fixed price cap on energy tariffs amid accusations that the so-called Big Six energy companies are not competitive enough on pricing.

Tokyo Electric Power Company (Tepco) said it has completed the replacement of two turbines at its Futtsu thermal power station.

The UK Government has given approval for the development of a major new gas storage and balancing facility in Cheshire.

GE has been awarded a contract by China’s Harbin Electric to provide a 9HA gas turbine for the 650MW Huadian Tianjin Junliangcheng VI gas combined-cycle power plant.

A switch from coal to gas helped keep energy-related carbon dioxide emissions flat in 2016 for the third year in a row, according to the International Energy Agency (IEA), after many years of steep growth. However, most of the improvement did not come as a result of policies designed to cut CO2 emissions.  

News in Brief

ABB enhances power supply for Canadian data centre

May 25 – Zurich-headquartered ABB will supply an integrated substation to the Canadian IT solutions provider Hypertec to support the expansion of one of its existing data center. As part of the upgrade, the existing 25 kilovolts (kV) power supply will be enhanced to 120kV to meet growing electricity demand. The turnkey project includes the design, supply, installation and commissioning of the 120kV Gas Insulated Switchgear (GIS) substation with 25kV distribution. ABB said the project is expected to be completed by the end of 2017.

German gas, coal-burn up in Q1

May 24 – Germany’s total primary energy consumption dropped 1.4% yoy in the first quarter of 2017. But despite lower demand for electricity, the use of natural gas for power generation increased by 1%, while use of hard coal and lignite were 2.6% and 0.4% higher respectively, according to figures by the energy industry think tank AG Energiebilanzen (AGEB).

Siemens wins 3D printing award

May 24 – An award in category "3D Printing application of the year" was given to Siemens for the worldwide first successful test of gas turbine blades manufactured with Additive Manufacturing. At the start of 2017, a multi-location Siemens team successfully tested the performance of the first gas turbine blade, produced through AM, under full-load conditions

Wolf Power, Myriad start CHP cooperation

May 23 – Wolf Group, a German supplier of combined heat and power systems, has entered a cooperation with Myriad Power Products, an equipment supplier based in Leicestershire, UK. Myriad can supply chip, pellet and gas heat only/ CHP systems from 10kW to 10MW; it is about to bid for public sector contracts in the UK and some other smaller clients.

Verisk acquires MAKE

May 23 – Verisk Analytics, part of Wood Mackenzie, has announced its latest acquisition of MAKE, an advisory that specializes in wind power. This latest acquisition follows WoodMac’s takeover of Greentech Media in July 2016.

OPEC’s net oil revenues on 12-year low

May ‎22 – Members of the Organization of the Petroleum Exporting Countries (OPEC) net oil revenues have plunged to $433 billion in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015. The EIA projects that OPEC’s 2017 net oil export revenues will rise to about $539 billion dollars (nominal), based on a slight recovery in average crude oil prices, as well as higher OPEC output during the current year.

Burckhardt to help modernize MOL petchem plant in Hungary

May 19 – Burckhardt Compression has won an order to modernize MOL Petrochemicals’ third-party Hyper Compressor at its LDPE plant in Tiszaújváros, Hungary, that has been operating since 1991. Burckhardt Compression is well-known for its Hyper Compressors and the MOL Group already has positive experiences working with the Swiss manufacturer at another LDPE site. The project scope includes the Burckhardt Hypropack cartridge system, plungers and central valves for two second-stage cylinders.

Pumps, motor market to top $100bn by 2021

May 19 – Upgrades of ageing power infrastructure, a rise in renewable energy investment and a progressing urbanisation is driving the markets for pumps and motors to reach $100.66 billion by 2021, up from 71.01 billion last year. According to MarketsandMarkets, growth of notably the market for ‘permanent magnet synchronous motors’ is spurred by power plant modernization, as well as demand for energy-efficient motors and use of low-cost ferrite permanent magnets.

MHPS opens new Warsaw office

May 18 - Mitsubishi Hitachi Power Systems (MHPS) is opening a new office in Warsaw, to strengthen its relationships with local customers and bolster orders for advanced coal power generation systems and Air Quality Control Systems (AQCS). The new branch office centralizes MHPS' corporate and business development function for Poland in one single location.

Low utilisation of US oil peaking plants

May 18 – Monthly generation from petroleum-fired generators has totalled 1 million to 2 million MWh in recent years, according to EIA figures. Most of the 36.4GW installed oil-fired generators in the United States, either turbines or internal combustion engines, only supply peak-load electricity. Capacity factors for oil-fired steam turbines are about 10% and approach 20% only in the summer months. Capacity factors for oil-fired combustion turbines and internal combustion engines are lower, remaining well below 5%.

Wärtsilä wins 5-year O&M deal in Pakistan

May 17 – Helsinki-based technology group Wärtsilä has signed a 5-year full operations and maintenance (O&M) agreement with Pakistan’s Technomen Kinetics Private Ltd (TKL) for two of the latter’s gas-fired power plants. Wärtsilä’s installed base in Pakistan totals around 2.2 GW power generating capacity, with 600 MW of power output under service agreements.

MAN helps CNOOC tap offshore gas in South China Sea

May 17 – CNOOC China’s branch in Zhanjiang, a city in south-western Guangdong province, has commissioned MAN Diesel & Turbo to supply six compressor trains for the Dongfang 13-2 gas field development project. Manufactured by in Switzerland by MAN, the compressor trains will be used for gas reinjection at new platforms in the Dongfang field, located in the Yinggehai Basin of the South China Sea.

New man at the helm of COGEN Europe

May 16 – COGEN Europe has appointed Hans Korteweg as new managing director. His leadership starts at a time of ongoing debate about the EU’s Clean Energy Package, aimed at ensuring a safe and cost-effective energy transition.

Wärtsilä snaps up Greensmith

May 16 – Wärtsila has agreed to buy Greensmith Energy Management System, an US energy storage technology provider, for an undisclosed amount. The acquisition of Greensmith is still subject to US regulatory approvals; it will allow Wärtsilä to expand its latest focus on energy storage. The Finish turbine manufacturer stated it expects the takeover to take legal effect no later than July 2017.

Dresser-Rand supplies compressor trains for Thai pipeline

May 15 – Dresser-Rand, part of Siemens Power and Gas, will supply three SGT-400 gas turbine-driven turbocompressor trains for Thailand’s Wang Noi compressor station, located 70 kilometers from Bangkok. The station is currently being built by Samsung Engineering; it is owned by PTT Public Company, Thailand’s state oil & gas company. The compressor station project is expected to be completed in 2018; it will enhance the capacity of the Ratchaburi - Wang Noi pipeline to meet the increasing natural gas demands of nearby power plants.

Turbocompressor markets grows 6.5% per year

May 12 –Global turbocompressor market is seen expand at a rate of 6.5% per year to reach $18,424 million by 2022, up from $11,703 million in 2015.Turbocompressors are highly used in dirty and corrosive applications such as petrochemical plants, refineries, natural gas processing, coal gasification & power stations due to their longer life, low maintenance, and continuous service. According to Allied Market Research, the oil & gas sector is currently dominating end-user demand for turbocompressors.

Energy storage market to hit $16bn by 2020

May 11 – Advanced energy storage systems market is estimated to be worth $15.96 billion by 2020, growing at a CAGR of 4.4% during the forecast period, according to MarketsandMarket estimates. Technologies included pumped hydro energy storage as well as battery power storage. The dominant manufacturers – such as Toshiba, ABB, Siemens, Voith, Alstom and Dominion Energy – are trying to penetrate developing economies to grab a bigger market share.