Following lengthy negotiations Ansaldo Energy has closed the debt refinancing of its 40% minority investment in Yeni Elektrik, the owner of a power plant in the Gebze industrial zone of Istanbul. “The recent and current situation in the electricity market in Turkey made the previous USD debt profile of Yeni Elektrik, originally agreed in 2011 when the project started, unsustainable,” Ansaldo Energia said.
Mitsubishi Hitachi Power Systems (MHPS) has delivered the second M701F gas turbine, ordered by Indonesia's state-owned utility PT.PLN (Persero), for an 880 MW combined-cycle power plant that PLN is building on the premises of Tanjung Priok power plant. Known as ‘Jawa-2 Project’, the CCGT will begin commercial operation in 2018.
Researchers from Kawasaki Heavy Industries (KHI) and B&B Agema have been looking at a novel design approach – Nekomimi film cooling – to further increase temperatures at the combustor exit and high-pressure turbine stage inlet. The aim is to boost efficiency without putting too much strain on vanes and blades, considering that modern turbine stage inlet temperatures exceed the melting points of turbine blade materials.
Aqualectra, the utility company of the Caribbean island Curaçao, has awarded Wärtsilä a contract for a turnkey power project that will provide the utility with the necessary fast-start capability and flexibility to add more wind energy to the island's power grid. The 39 MW dual-fuel power plant is scheduled to start up in November 2018.
Making use of its regained powers to certificate pipelines, the US Federal Energy Regulatory Commission (FERC) has approved five new natural gas pipelines in the Northeast in October, the first projects to be approved since February. FERC regained its quorum in August after the Senate confirmed two new commissioners – Neil Chatterjee and Robert F. Powelson.
The Saudi Electricity Company (SEC) and GE Power have agreed to work together on research and development (R&D) in the power sector. The research will focus on identifying solutions to improve gas turbine efficiency and reduce the amount of ash that results from fuel combustion. Signing of the two latest technical agreements are part of SEC’s ongoing collaboration with GE and underline the commitment of both companies to drive a culture of localized innovation in the Kingdom.
The Nigerian National Petroleum Corporation (NNPC) has formalized an agreement with Dangote Group and Black Rhino Group to build the Qua Iboe Power Plant in Akwa Ibom State at an estimated cost of $1.1 billion. The 540 MW gas-fired power plant is planned to start operating by 2021.
Several major US energy companies plan to accompany US President Donald Trump and Commerce Secretary Wilbur Ross on a visit to Beijing, starting November 8. The aim is to close deals on selling US LNG to China, along with other American-made products, in order to close the widening trade deficit between the world’s two biggest economies.
More active drilling rigs and higher initial production rates per well in the Haynesville Shale region have pushed up marketed gas production to 6.9 billion cubic feet per day (Bcf/d) in September. This marks a new high for Haynesville shale gas production after output hovered around 6.0 Bcf/d for the previous three years, according to figures by the US Energy Information Administration (EIA).
US Energy Secretary Rick Perry sees Sub-Saharan Africa as a new export market for America’s growing shale gas production. At the Africa Oil Week in Cape Town, Perry discussed with government officials from the Ivory Coast, Nigeria and South Africa about the potential to use US LNG as a fuel for decentralized power plants in a bid to improve electrification levels.
Neil Chatterjee, the chairman of the Federal Energy Regulatory Commission (FERC), has dismissed comments from PJM Interconnection saying coal power plants are more prone to cold-weather failures than natural gas-fired plants. Chatterjee, who leads FERC’s evaluation of Energy Secretary Rick Perry’s plan to subsidize coal and nuclear power stations, insisted both are “firm, non-interruptible fuel sources.” He announced FERC will conclude its review by December 11.
The Finish technology group Wärtsilä has received yet another contract to supply power generating equipment to Bangladesh, the seventh this year. The latest order, booked in October, is for a 100 MW power plant project in Chittagong being built by Karnaphuli Power on behalf of the owner Baraka Group.
China Resources Power Holdings Company (CR Power) has contracted Siemens to implement the setup of a Remote Operation Center (ROC) that will digitally connect CR Power’s 19 power plants (9.6 GW), giving the operator real-time insights into the operational conditions of its fleet.
Consumption of natural gas in China is anticipated to tripple to reach 57 billion cubic feet per day (Bcf/d) by 2040, and emboldened buyers are turning to spot LNG as the cheapest supply option except for the winter months. “PetroChina and CNOOC are actively purchasing spot in addition to their contracted volumes,” says Wen Wang, senior consultant, Asia gas and power, Wood Mackenzie. Sinopec has already ventured in to gas trading, she told Gas to Power Journal, signalling it out as “the only company that are diverting cargoes among the three NOCs.”
Exelon Corp, a Fortune 100 energy company with business in the lower 48 U.S. states and Canada, has entered a multiyear agreement with General Electric to deploy GE’s Predix software across Exelon’s six electric utilities. These regional utilities will be able to use advanced analytics to strengthen the performance of their power transmission systems.