Vattenfall has handed a 5-year contract to Capgemini that will see the latter implement a program to transform and manage Vattenfall’s finance and procurement services in the Nordics, Germany, the Netherlands and the UK.
Shares in E.on and RWE have risen up to 5% after news broke on Wednesday that Germany’s top court declared the country’s nuclear fuel tax as “unconstitutional”. This ruling opens up doors for litigation, and the country’s main operators of nuclear power stations – E.on, RWE and EnBW - are expected to claim back over €6 billion that they were made to pay between 2011 and 2016.
Los Angeles Department of Water and Power (LADWP), California’s largest public-owned utility, is reconsidering plans to spend over $2 billion on natural gas and power infrastructure. The company’s board confirmed it "has put on hold all planned local repowering projects until a system-wide, in-depth, and independent study/analysis is conducted." Falling costs for renewables, and rising green energy supply, has inspired the California Senate to propose a 100% renewable energy target by 2045.
China’s Guangdong Power Engineering Group, general contractor for a 470-MW project in Jordan, has asked Siemens to supply key components. Jordan is one of the driest countries in the world, and the power station will be built in in the desert at Attarat Um Ghudran. Consequentially, the operator asked Siemens to use air-cooled condensers to help save sparse drinking water resources. Start-up of the Attarat plant is envisaged for mid-2020.
The American arm of Fuji Electrics has supplied and installed a 125-MW steam turbine generator at Green Electron’s 300-MW combined-cycle gas turbine power plant in St. Clair Township of Ontario, Canada. The CCGT project is one of 30 power plants in the Canadian province that run on natural gas, and is included in the province’s clean energy, “off coal plan.”
Ambitious plans, set out by South Korea’s newly instated Government, herald a U-turn away from coal and nuclear towards cleaner-burning natural gas and renewables. Responding to public concern over air pollution the administration of President Moon Jae-in, who took office in early May, is considering a construction stop for several coal and nuclear projects – a move poised to cause electricity prices spikes and medium-term capacity shortages.
Germany’s MAN Diesel & Turbo has contractually agreed to acquire a 40% participation in Aspin Kemp & Associates, a Canadian specialist manufacturer. Based in Montague, Prince Edward Island, Aspin Kemp is a technologically leader the field of energy storage and hybrid power solutions. When announcing its share purchase, MAN D&T pointed out “Aspin Kemp has developed game changing technology for power, propulsion and drilling applications in the offshore oil and gas sector.”
In the absence of cost-effective, large-scale electricity storage, the North American Electric Reliability Corp (NERC) finds stark regional differences concerning grid stability in its 2017 peak power demand projections. Reserve margins, the estimated buffer of unused generating capacity, range from less than 15% in the grid area of ISO-New England to almost 29% in New York.
The Australian state of Queensland is helping Stanwell Corp to bring a mothballed power plant back into the market in an effort to lower energy prices. The state’s pre-Budget, disclosed yesterday, acts on the Government’s commitment to help re-dispatch a total AS$386 million worth of flexible gas generating capacity near Townsville – and proposes a AS$770 million subsidy to help drive down wholesale electricity prices.
Nymex-listed Ingersoll-Rand has started to offer three flexible service programs through its own expert technicians who provide and oversee onsite service, repair and maintenance of all compressed air assets. Named CARE, this tailored service programs is available for Ingersoll-Rand customers in North America, Europe, Middle East, Asia and India.
Iran’s MAPNA Group announced it finalised the start-up of the Middle East’s first mobile power stations on Tuesday. Two 25-MW mobile generator set, located in two cities in north Iran, were installed, fired up and grid-synchronised in less than three months.
Despite U.S. President Trump’s withdrawal from the Paris Climate Accord, and his open support for fossil fuels, Energy Aspects forecasts his move is “unlikely to halt the transition towards cleaner energy globally, although it is likely to slow it.” The EU, but also largest emitters like India and China are expected to follow through on their clean energy policies.
ABB, a Swiss technology leader in industrial automation and power grids, will present papers on its latest sensor technology at CIRED 2017 in Glasgow next week. KEVA C, the latest release in ABB’ medium-voltage sensor range, will be showcased at the forum, notably how it can provide highly accurate measurement in secondary gas-insulated switchgear applications.
Large-scale uptake of variable renewable energy (VRE), forecast to remain the fasted-growing power source over the next five years, is challenging traditional policy, market and regulatory frameworks. “Without taking appropriate action, this complexity can act as a brake as countries seek to add ever larger shares of VRE to their power systems,” analysts at the International Energy Administration (IEA) warn.
Dealing a blow to concerted multi-national efforts of mitigating emissions from the energy and transport sector to help prevent global, the U.S. President Donald Trump has vowed to pull out of the 2015 Paris Climate Agreement. “I was elected to represent the citizens of Pittsburg, not Paris,” he said, indicating that he will put US business interests first.