General Electric’s manufacturing operations in Greenville and Schenectady will supply two H-class gas turbines, three generators and a stream turbine for the 776-MW Topolobampo III gas power project. The contract win marks the first order of GE’s long-term customer Iberdrola for 7HA.01 technology in Mexico. The project is scheduled for completion in 2020.
Seeking to intensify political ties by playing on energy economics, the Managing Director of Yerevan power station Sassan Khachaturian has offered to step up electricity exports to Armenia’s gas-rich neighbour Iran in return for making a continuous flow of gas supply available. "Armenia is ready to export more electricity to Iran during the hot summer days," Khachaturian said, asking for more gas import from Iran in return to meet his country's winter demand.
British Gas parent company Centrica has contractually agreed to sell its Langage and South Humber combined-cycle gas turbine (CCGT) power plants, with a total capacity of 2.3 GW, to the Czech utility Energetický a Průmyslový Holding (EPH) for £318 million ($401 million). The divestment comes just a day after Centrica announced the closure of its Rough gas storage and is part of the company’s strategy to downsize its overall operation as margins shrink.
PetroVietnam Power Corp (PV Power) is getting ready to start construction works for nine gas-fired power plants with combined output of 5,250 MW. Fuel for the power plants will be sourced in the form of associated gas from the Lo B O Mon and Ca Voi Xanh oil fields, along with some imported gas, according to PV Power general director Nguyen Xuan Hoa.
AIM-listed Tlou Energy has generated first electricity from coal-bed methane (CBM) at its field in Botswana following the installation of a gas generator at near Selemo. “First gas-to-power via CBM in Botswana is an extremely significant milestone [for us] and in effect a proof of concept of ‘first gas monetisation’,” commented Tlou managing director, Tony Gilbert.
Reliance Power still faces uncertainty over the source of LNG supply for its 718-MW gas-fired power plant project in Bangladesh, and is awaiting a government decision on the matter. The Indian energy company is the first to build a power plant that will run on regasified LNG in neighbouring Bangladesh; but to operate the plant near full capacity Reliance needs around 110 million cubic feet per day (mmcf/d) of natural gas as fuel.
Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC) has won an order to build a municipal solid waste incineration plant in Shanghai, China. Delivery for key equipment is due in July 2018. Once operational, the waste-to-energy-plant will have a waste treatment capacity of 6,000 tons per day (tpd), one of the largest in the world.
A flurry of new gas power stations has been developed across most of the United States over the past fifteen years, with 228 GW of gas-fired capacity addition “far exceeding retirements of 54 GW,” according to the US Energy Information Administration (EIA). However, coal still dominates the energy mix in a few states, notably in the Midwest.
Top forecasters anticipate energy demand growth through 2035, but projections on rates and market size vary significantly between Wood Mackenzie’s 'Energy View to 2035' and similar outlooks by BP, ExxonMobil (XOM) or the IEA’s New Policies Scenario. Outlooks broadly agree on which fuels will win or lose across Asia Pacific: Coal is seen static across all forecasts, backed out by gas, nuclear and renewables, although WoodMac’s projection is highest on gas growth.
The 450-MW Huadian-Teninskaya combined heat and power (CHP) plant in Yaroslavl Oblast, central Russia, will be brought online on June 20, plant operator TGK-2 announced. The 20 billion Ruble ($347 million) project was realised by a joint venture between TGK-2 and China Huadian under a capacity supply agreement (CSA) but start-up was delayed by more than three years; hence the operators face penalties imposed by the regulator.
Australia’s Origin Energy has announced a 15-18% rise in 2017 power prices for customers in New South Wales (NSW) and South Australia (SA) from July 1. Passing fuel costs through to consumers, Origin's decision makes average small-sized companies pay $750-920 per year more for their electricity use. With this latest price hike, Origin follows in the footsteps of EnergyAustralia, AGL Energy and ActewAGL all of which are already implementing power prices rises of up to 20%.
Castle Peak Power Company, a 70:30 joint venture between CLP Power Hong Kong and China Southern Power Grid International, has selected Leighton Asia to carry out civil works at the 2,500 MW Black Point Power Station in Hong Kong. Works come at an estimated cost of US$122 million and will help the plant operator to achieve its gas generation targets by 2020.
Energy Impact Partners (EIP) has closed an investment in Powerphase. The investment is the first institutional round of financing raised by Powerphase, the company said without disclosing the value of the deal. Powerphase, an US-based provider of gas turbine upgrade technology stated it will use the financing to expand its geographic reach and accelerate deployment of its Turbophase product.
The EV30@30 campaign has been launched during the 8th Clean Energy Ministerial (CEM) Meeting on June 8 in Beijing. The campaign sets a “collective aspirational goal” of a 30% market share for electric vehicles by 2030. Deployment of electric cars is already proceeding swiftly in some markets: In Norway, electric cars had a 29% market share last year, the highest globally, followed by the Netherlands with 6.4%, and Sweden with 3.4%.
The Finish technology group Wärtsilä has been contracted to supply a power plant extension to AngloGold Ashanti's gold mine in Siguiri, Guinea. The turnkey project consists of three 20-cylinder Wärtsilä 32TS engines, to be connected with the existing power plant at site. The extension is due operational in the second half of 2018.