Ecuador’s national oil company Petroecudor has contracted Siemens to supply an 8-megawatt SGT-300 turbine to replace a Ruston gas turbine that is providing onsite electricity at its Shushufindi refinery. Commissioning of the new unit is scheduled to take place before the end of 2018.
Electricity will make up about 25% of final energy consumption by 2040, according to IEA estimates, as new electric devices are being developed at a rapid rate. Brushing climate concerns aside, Richard Zhang, technology executive at GE’s Power Conversion stressed electrification offers significant cost and efficiency savings: “Future electrical machines will generate power with ever higher density, efficiency and allow for a higher degree of system integration.”
GE Energy Financial Services, part of GE Capital, has helped secure a $150 million debt facility to refinance and expand the Los Guindos open-cycle power plant to approximately 275-MW, nearly double its current capacity of 139-MW. Located in central Chile, GE owns 75% in the OCGT since 2016 when it partnered with The Ingelec Group, the plant’s local co-owner and operator.
Bonaire in the Caribbean and the Faroe Islands in the North Atlantic: these two self-sustaining islands are setting standards in integrating renewable energy sources, supported by MAN Diesel & Turbo gensets. On the Faroe Island, four MAN 9L51/60 four-stroke engines are being installed to expand the existing Sund power plant near the capital Tórshavn.
The Vietnamese government has appointed EDF Group as the consortium leader in charge of construction of the 2,000MW Son My-1 combined-cycle gas power plant project. Located in southern Vietnam, the CCGT is due for commissioning in late 2023 or beginning of 2024.
Dresser-Rand, part of Siemens Group, has commissioned an LNGo-HP (high-pressure) micro-scale natural gas liquefaction system for Altagas Ltd. in Dawson Creek, British Columbia, Canada. Producing approximately 30,000 gallons of LNG per day since January 25, 2018, the Dawson Creek facility allows Altagas to scale production in line with demand. The LNGo-HP system converts diesel and other fuels to natural gas, enabling users to monetize stranded gas deposits.
California Independent System Operator (CAISO) has approved a proposal by Pacific Gas and Electric Company (PG&E) to provide a 'clean energy alternative' that will replace a decades-old fossil power plant in the city of Oakland. A Request for Offers (RfO) will be launched shortly, inviting distributed energy providers to propose appropriate solutions. Depending on the exact resource mix, the solicitation will result in 20MW to 45MW of capacity.
Tax credit extensions for renewables in the 2018 US Budget Bill, passed in mid-February, are expected to shape funding for clean energy technologies. The bill raises the existing so-called “45Q” tax credit for storing CO2 permanently underground from $22 today to $50 in 2026. According to IEA Energy Technology Analysts Simon Bennett and Tristan Stanley, this could “provide the first significant stimulus to carbon capture for several years.”
Sarawak Energy Bhd (SEB), one of Malaysia’s leading power producers, is preparing to spend up to 4 billion Malay Ringgit (US$1,03bn) on a new 2x400MW gas-fired power plant in Bintulu province, According to SEB Group CEO Sharbini Suhaili, about 30% of construction of the first CCGT unit is complete and due for commissioning in mid-2020.
Wärtsilä has been selected to deliver a 50MW Smart Power Generation plant to the Dominican Republic. The local utility Consorcio Energético Punta Cana – Macao (CEPM) placed the order, and turnkey delivery is being made on a fast-track basis with the aim of getting the new facility fully operational by November.
Enel Generación Chile S.A., formerly known as Endesa Chile and Empresa Nacional de Electricidad, is now almost fully in the hands of the Italian utility group Enel. After minority shareholders, including Endesa, accepted Enel’s public tender offer to purchase their shares, Enel Chile managed to raise its shareholding in Enel Generación Chile to 93.55% from approximately 60%. The move is part of Enel’s business restructuring in Chile.
Despite posting a veto threat on twitter, US President Donald Trump on Friday night signed the $1.3 trillion spending bill that passed Congress just after midnight. In an improvised news conference, Trump stressed he “will never sign another bill like this again.” The omnibus spending bill limits federal spent on energy but it avoids drastic cuts, still granting grants the Department of Energy (DOE) and the Federal Energy Regulatory Commission (FERC) a total of $43.2 billion – almost $9 billion above the budget requested by the White House.
A 10% tax credit of construction expenditures related to combined heat and power (CHP) projects, with no stated maximum limit, is accelerating a trend in the US manufacturing sector towards building onsite power stations adjacent to their production facilities. According to data from the US Census Bureau, manufacturing firms in 2006-16 purchased 87% to 89% of their electricity from the grid and generated the remaining 11% to 13% onsite.
Canadian construction and engineering firm SNC-Lavalin has signed a Memorandum of Understanding (MoU) with Charleton University to cooperate on protecting critical energy infrastructure. This initiative comes as electric power utilities are exposed to growing cyber-security threats through interconnectivity of generating assets and smart grids.
Renewables deployment and coal-to-gas switching helped reduce energy-related carbon emissions in the United States, Japan, Mexico and the UK. Globally, however, robust economic growth pushed up energy related CO2 by 1.4%, or 460 million tonnes in 2017, to reach a historic high of 32.5 gigatonnes (Gt).