In a surprising gist, the South Korea President Moon Jae-in has signalled his readiness to accept findings of government advisors and restart mothballed nuclear reactors. LNG exporters are disappointed given that the President’s U-turn on his election promise means that there is unlikely to be the anticipated around 10 million ton (Mt) of extra LNG demand by 2030.
Pittsburg University gets over $777k more funding for research into 3D printing for gas turbines. Dr. Chyu and his research team will explore applications for an anti-oxidation coating that can help cool airfoils and other hot-section components in gas turbines.
PW Power Systems (PWPS), part of Mitsubishi Hitachi Power Systems, and PowerPHASE have partnered to offer a dry air injection system to PWPS gas turbine owners. “We’ll offer them the product on new gas turbines and they will help us on the integration with their FT8 gas turbine on existing power plants,” explained Bob Kraft, PowerPHASE President & CEO.
This year’s GEO Award in Europe’s “toughest” benchmarking competition for the manufacturing industry has gone to GE’s Distributed Power plant in Jenbach, Austria. The highly digitialized factory in Tyrol manufactures Jenbacher gas engines and cogeneration plants. The intelligently networked factory interweaves manufacturing, individual business processes and lean principles.
In the face of oversupplied global gas markets and rising LNG trade, the International Energy Agency (IEA) has voiced concerns that the transformation from regional to more flexible, interdependent gas markets is creating new security challenges. In the short-term, global portfolio players are expected to provide the needed additional flexibility from their currently open selling positions.
As the world’s No.1 gas importer, Japan has launched a $10 billion financing initiative in a bid to play a leading role in the development of infrastructure – notably small-scale regasification plants and power stations – across Southeast Asia. Launching the initiative at an industry conference in Tokyo today, trade and industry minister Hiroshige Seko is combining diplomacy with a soft-sales approach for Japanese technology.
Electrical power distribution relies on trouble-free interaction between hardware and software, using systematic data management for networked production processes. To that end, Siemens will be showcasing the open cloud-based IoT operating system MindSphere at the "SPS IPC Drives" 2017 trade show.
The Australian Prime Minister Malcolm Turnbull has made a political U-turn on energy, dismissing earlier instated 'clean energy targets' in favour of stipulating guarantees for reliable power supply and emissions reductions as the two new pillars of his new policy. Utilities will henceforth be obliged to deliver electricity at times of peak demand.
Glow Energy, listed on the stock exchange of Thailand, has awarded a long term service agreement (LTSA) to Ansaldo Energia for their Glow Energy Phase 5 cogeneration unit. Located some 200km southeast of Bangkok, the plant generates 328MW of electricity plus upwards of 160 tons/hour of steam.
Coupled simulations of aerodynamic and heat transfer can minimize efforts for developing both stationary gas turbines and aero engines. Conjugate heat transfer (CHT) calculations cut costs. According to Rene Braun, technical manager at B&B-AGEMA, “Increasing firing temperatures in new gas turbines and upgrades of existing machine concepts, while considering cooling efficiencies, requires highly complex simulation models and accurate solutions. Thus, the quality of numerical results is essential.”
China’s Huaneng Power International, a listed power producer with controlled generation capacity of 102.5 GW, has seen rapid growth both at home and abroad. Over the first three quarters of this year, Huaneng Power recorded a 26.52% growth in output of its power plants within China, with total electricity sold amounting to 294.271 billion kWh.
Profit margins for burning coal and natural gas for power generation – dark & spark spreads – have both declined during the first half of this year. Still, comparing both spreads, according to the EIA analysts, “appear to indicate that natural gas-fired units have been more profitable than coal-fired units recently,” notably at the PJM Western hub.
Dubai Hills Estate, a joint venture between Emaar Properties and Meraas Holding, have awarded a $45 million contract to ABB for a substation that helps feed electricity to a new integrated lifestyle project in the city. Dubai consumes over 37,000 GWh of electricity per annum – a third of which by the residential sector.
Low global LNG prices have improved the economics in China to generate electricity from natural gas instead of coal, and the subsequent surge in imports also increased the number of landed cargoes from the United States. According to the US-China Economic and Security Review Commission, the worth of US LNG exports in Jan-July 2017 exceeded $139 million, already 2% more than the 2016 total.
Electrifying remote Indonesian islands through ships, or barges, that generated electricity using LNG, is at the centre of a research plan supported by the governments of Indonesia and Japan. Tokyo hopes to export the new technology to other island nations in Asia Pacific.