South Carolina Electric & Gas has submitted an application with state regulators, saying it will need to build a new combined-cycle gas power plant in the next five years to meet peak winter demand, given the failure of its nuclear power project. Costs and location of the proposed CCGT are not yet decided, but SCE&G has already reserved most of the capacity of Dominion’s newly expanded gas pipeline network in South Carolina.
With quarrels between Pertamina and PLN about project requirements and sources of gas supply finally put aside, construction is about to start at the $2 billion Java-1 combined-cycle gas power project. PT Jawa Satu Power, a joint venture between Indonesia’s state energy company Pertamina, Marubeni and Sojitz, won a tender to build and operate the CCGT, and are now seeking to put the facility into operation by mid-2021.
Electric vehicles hold enormous potential but their deployment so far has fallen short. According to The Society of Motor Manufacturers & Traders, some 3,500 of the UK’s newly registered cars were electric or hybrid in 2013, growing to over 63,000 by the end of 2017. However, for electric vehicles become truly mainstream the industry needs to overcome some challenging obstacles, finds Jacob Klimstra, Senior Energy Consultant and Member of the Advisory Board for Electrify Europe.
Since the U.S. shale oil and gas revolution ended the need to import crude oil from Mexico, the trade balance shifted and U.S. energy exports have been exceeding imports from Mexico for each of the past three years. In 2017, overall U.S. energy exports to Mexico hit a record high of $25.8 billion in 2017, more than twice as much as the $11.1 billion value of imports from Mexico.
Siemens has been awarded of a long-term service agreement with Punjab Thermal Power Ltd. to provide comprehensive maintenance, parts and repair services for Punjab Power Plant Jhang for the next 12 years. The order includes Siemens' Power Diagnostics and comes just three months after the company was commissioned to provide a complete power island solution for the 1.3 gigawatt (GW) Jhang combined-cycle project.
Record results in shale oil and gas output in Appalachia and the Permian basin have been helped by President Donald Trump’s latest changes to the US corporate tax law. Several shale gas drillers reported hundreds of millions in savings after being allowed to re-measure their net tax liabilities, and are now budgeting less tax expenses for the future. Production among American shale drilling companies, sampled by the consultancy Energy Aspects, grew by 1.6 Bcf/d, or 5% year-on-year and 0.5 bcf/d, or 2% quarter-on-quarter in Q4-2017.
Finland’s technology group Wärtsilä has signed an equipment delivery contract for a 105 MW power plant under construction by Baraka Shikalbaha Power, a private-sector energy provider and subsidiary of Baraka Group. The order was signed this week when Wärtsilä celebrated 20 years of supporting the development of the energy sector in Bangladesh.
Siemens has signed a Memorandum of Understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (APEX-Brasil) to triple its investments in the country to up to €1 billion, addressing bottlenecks in the Brazilian infrastructure, especially in the fields of energy, transportation, and healthcare.
Indonesia’s state electricity company PLN has curtailed the allocation of free cashflow for new power plant projects in its new 10-year business plan by around 22,000 megawatts (MW) to only 56,000 MW, citing sluggish electricity demand.
Malaysia’s energy giant Petronas has signed a heads of agreement (HOA) with its long-time business partner Tokyo Gas to supply LNG cargoes over a period of 13 years starting from April 2018. Tokyo Gas, Japan’s largest city gas provider, will be using most of this contracted gas import as a fuel at its power stations.
PTSC Mechanical & Construction, a Vietnamese service provider for the oil & gas industry, has contracted MAN Diesel & Turbo to supply two compressor trains for the Sao Vang and Dai Nguyet gas field developments off Vietnam's southern coastline. The government in Hanoi is supporting efforts to step up domestic gas supply in order to shift the country’s energy mix towards cleaner-burning fuel sources.
Mitsubishi Hitachi Power Systems (MHPS) heavy-duty H100 gas turbine (118 MW) achieved full qualification status by Shell’s technical team based in The Hague. Following intense scrutiny and test runs, Shell awarded the full mechanical drive qualification to the 2-shaft turbine, equipped with a low NOx (single digit ppm) combustion system.
Summit Power, the largest independent power producer in Bangladesh, has signed a memorandum of understanding with Japan’s Mitsubishi and Diamond Gas to jointly develop a $3 billion LNG-to-power project at Matarbari. The project includes a regas terminal and a two-unit gas combined-cycle power project with a total capacity of 2,400 MW.
London-based SDX Energy Inc. has made a new onshore gas discovery in Morocco, at is SAH-2 well on the Sebou permit. The latest find helps advance the government’s policies to promote renewables and cleaner-burning natural gas while seeking to reduce dependence on seasonal LNG imports.
Volkswagen, Europe's biggest carmaker, has announced plans to invest €400 million to convert two coal-fired heat and power stations at its Wolfsburg car manufacturing to run on natural gas. Construction of the two gas CHP will start this year, pending permission, with the aim to get the plants commissioned in late 2021 or early 2022.