Daily News

The gas pipelines linking Norway with Europe’s biggest gas market in Germany, will soon be joined by a 1.4 GW power line funded by the European Investment Bank (EIB) to the tune of €350 million (£298m).

Reliance Power has signed a deal with Bangladesh Power Development Board (BPDB) for the first phase of a 750 MW, LNG-fuelled power project at Meghnaghat, near Dhaka in Bangladesh.

Work is progressing fast on the construction of SOHAR III, a green-field, integrated combined-cycle gas turbine power plant located in SOHAR Port, according to lead contractor, Mitsui.

Wednesday, 12 April 2017 09:42 / Markets

Eurogas: EU gas consumption up 7% in 2016

The 28 member states of the European Union collectively used 7% more gas in 2016, compared with 2015, according to gas lobby group Eurogas.

Siemens has completed an overhaul project for two SGT5-4000F gas turbines at Sohar 2 and Barka 3 combined cycle power plants in Oman, according to the Muscat Daily.

Activists have staged an animal-themed invasion of a public relations firm to protest against fracking in the UK.

Algeria's energy minister will seek more investment from European Union states and discuss the renewal of long-term gas supply contracts with EU members during talks this week in Brussels, according to the ministry.

Japan says it has begun preparations for a second production test to extract methane gas from methane hydrate deposits off the central coast of Japan.

U.S. energy-related carbon dioxide (CO2) emissions in 2016 totalled 5,170 million metric tons (MMmt), 1.7% below their 2015 levels, after dropping 2.7% between 2014 and 2015, according to the Energy Information Agency (EIA).

Monday, 10 April 2017 09:13 / Markets

Global LNG trade up by 5% in 2016.

Global traded LNG volumes rose 5% last year to reach 258 million tonnes, according to a new report from the International Gas Union (IGU).

Only 5.5% of households switched to new electricity suppliers after Japan’s retail power market was liberalized in April 2016, industry data shows, leaving the big utilities relatively unscathed.

Larsen & Toubro commissioned two gas turbines at separate power plants in Bangladesh at the end of March.

Poland's desire to cut gas imports from Russia has led to an "understanding" with the United States to work toward a deal to export LNG to its new Baltic Sea terminal, according to Reuters, quoting the country's deputy prime minister, Mateusz Morawiecki.

Europe’s energy firms have pledged not to invest in any more coal fired power stations from 2020, which would effectively leave gas as the only fossil fuel option for power generation across the continent.

Following a recent visit, Angola’s energy minister, João Baptista Borges said that the first units of the country’s 750 MW Soyo CCGT would start on schedule this year. He said the power would serve the six municipalities of Angola’s Zaire province, as well as interconnecting with the national electricity system - replacing diesel generators and helping balance hydro power flows.

News in Brief

German gas, coal-burn up in Q1

May 24 – Germany’s total primary energy consumption dropped 1.4% yoy in the first quarter of 2017. But despite lower demand for electricity, the use of natural gas for power generation increased by 1%, while use of hard coal and lignite were 2.6% and 0.4% higher respectively, according to figures by the energy industry think tank AG Energiebilanzen (AGEB).

Siemens wins 3D printing award

May 24 – An award in category "3D Printing application of the year" was given to Siemens for the worldwide first successful test of gas turbine blades manufactured with Additive Manufacturing. At the start of 2017, a multi-location Siemens team successfully tested the performance of the first gas turbine blade, produced through AM, under full-load conditions

Wolf Power, Myriad start CHP cooperation

May 23 – Wolf Group, a German supplier of combined heat and power systems, has entered a cooperation with Myriad Power Products, an equipment supplier based in Leicestershire, UK. Myriad can supply chip, pellet and gas heat only/ CHP systems from 10kW to 10MW; it is about to bid for public sector contracts in the UK and some other smaller clients.

Verisk acquires MAKE

May 23 – Verisk Analytics, part of Wood Mackenzie, has announced its latest acquisition of MAKE, an advisory that specializes in wind power. This latest acquisition follows WoodMac’s takeover of Greentech Media in July 2016.

OPEC’s net oil revenues on 12-year low

May ‎22 – Members of the Organization of the Petroleum Exporting Countries (OPEC) net oil revenues have plunged to $433 billion in 2016, the lowest since 2004. In real dollar terms, the 2016 revenue represents a 15% decline from the $509 billion earned in 2015. The EIA projects that OPEC’s 2017 net oil export revenues will rise to about $539 billion dollars (nominal), based on a slight recovery in average crude oil prices, as well as higher OPEC output during the current year.

Burckhardt to help modernize MOL petchem plant in Hungary

May 19 – Burckhardt Compression has won an order to modernize MOL Petrochemicals’ third-party Hyper Compressor at its LDPE plant in Tiszaújváros, Hungary, that has been operating since 1991. Burckhardt Compression is well-known for its Hyper Compressors and the MOL Group already has positive experiences working with the Swiss manufacturer at another LDPE site. The project scope includes the Burckhardt Hypropack cartridge system, plungers and central valves for two second-stage cylinders.

Pumps, motor market to top $100bn by 2021

May 19 – Upgrades of ageing power infrastructure, a rise in renewable energy investment and a progressing urbanisation is driving the markets for pumps and motors to reach $100.66 billion by 2021, up from 71.01 billion last year. According to MarketsandMarkets, growth of notably the market for ‘permanent magnet synchronous motors’ is spurred by power plant modernization, as well as demand for energy-efficient motors and use of low-cost ferrite permanent magnets.

MHPS opens new Warsaw office

May 18 - Mitsubishi Hitachi Power Systems (MHPS) is opening a new office in Warsaw, to strengthen its relationships with local customers and bolster orders for advanced coal power generation systems and Air Quality Control Systems (AQCS). The new branch office centralizes MHPS' corporate and business development function for Poland in one single location.

Low utilisation of US oil peaking plants

May 18 – Monthly generation from petroleum-fired generators has totalled 1 million to 2 million MWh in recent years, according to EIA figures. Most of the 36.4GW installed oil-fired generators in the United States, either turbines or internal combustion engines, only supply peak-load electricity. Capacity factors for oil-fired steam turbines are about 10% and approach 20% only in the summer months. Capacity factors for oil-fired combustion turbines and internal combustion engines are lower, remaining well below 5%.

Wärtsilä wins 5-year O&M deal in Pakistan

May 17 – Helsinki-based technology group Wärtsilä has signed a 5-year full operations and maintenance (O&M) agreement with Pakistan’s Technomen Kinetics Private Ltd (TKL) for two of the latter’s gas-fired power plants. Wärtsilä’s installed base in Pakistan totals around 2.2 GW power generating capacity, with 600 MW of power output under service agreements.

MAN helps CNOOC tap offshore gas in South China Sea

May 17 – CNOOC China’s branch in Zhanjiang, a city in south-western Guangdong province, has commissioned MAN Diesel & Turbo to supply six compressor trains for the Dongfang 13-2 gas field development project. Manufactured by in Switzerland by MAN, the compressor trains will be used for gas reinjection at new platforms in the Dongfang field, located in the Yinggehai Basin of the South China Sea.

New man at the helm of COGEN Europe

May 16 – COGEN Europe has appointed Hans Korteweg as new managing director. His leadership starts at a time of ongoing debate about the EU’s Clean Energy Package, aimed at ensuring a safe and cost-effective energy transition.

Wärtsilä snaps up Greensmith

May 16 – Wärtsila has agreed to buy Greensmith Energy Management System, an US energy storage technology provider, for an undisclosed amount. The acquisition of Greensmith is still subject to US regulatory approvals; it will allow Wärtsilä to expand its latest focus on energy storage. The Finish turbine manufacturer stated it expects the takeover to take legal effect no later than July 2017.

Dresser-Rand supplies compressor trains for Thai pipeline

May 15 – Dresser-Rand, part of Siemens Power and Gas, will supply three SGT-400 gas turbine-driven turbocompressor trains for Thailand’s Wang Noi compressor station, located 70 kilometers from Bangkok. The station is currently being built by Samsung Engineering; it is owned by PTT Public Company, Thailand’s state oil & gas company. The compressor station project is expected to be completed in 2018; it will enhance the capacity of the Ratchaburi - Wang Noi pipeline to meet the increasing natural gas demands of nearby power plants.

Turbocompressor markets grows 6.5% per year

May 12 –Global turbocompressor market is seen expand at a rate of 6.5% per year to reach $18,424 million by 2022, up from $11,703 million in 2015.Turbocompressors are highly used in dirty and corrosive applications such as petrochemical plants, refineries, natural gas processing, coal gasification & power stations due to their longer life, low maintenance, and continuous service. According to Allied Market Research, the oil & gas sector is currently dominating end-user demand for turbocompressors.

Energy storage market to hit $16bn by 2020

May 11 – Advanced energy storage systems market is estimated to be worth $15.96 billion by 2020, growing at a CAGR of 4.4% during the forecast period, according to MarketsandMarket estimates. Technologies included pumped hydro energy storage as well as battery power storage. The dominant manufacturers – such as Toshiba, ABB, Siemens, Voith, Alstom and Dominion Energy – are trying to penetrate developing economies to grab a bigger market share.

Sulzer supplies safety pumps for Finnish CHP

May 10 – Swiss engineering firm Sulzer has been awarded an order from Técnicas Reunidas of Spain to supply 12 feedwater pumps and 11 AHLSTAR pumps for the Kilpilahti combined heat and power plant (CHP) in Porvoo, Finland. The CHP is jointly owned by Neste, Veolia, and Borealis. Técnicas Reunidas is acting as the EPC contractor on the Kilpilahti CHP project, which will see the installation of three steam generators with a capacity of 300MW electric and 450MW thermal. Sulzer stated it will deliver the pumps by early summer 2017.