Emirates Water & Electricity Company (EWEC), part of Abu Dhabi Power Corp, has received six bids from potential developers of the 2,400-MW Fujairah F3 independent power project. The proposals are now being scrutinized and EWEC plans to announce the winning bidder in January 2020.
Kawasaki Heavy Industries has obtained Approval in Principle (AiP) from the classification society DNV GL for its floating LNG power plant, driven by a combined-cycle gas turbine. The approval is based on DNV GL’s latest ‘Gas Power Plant Rules.’
Anadarko’s recent FID on the $20 billion Mozambique LNG project will sweep substantial revenue into state coffers. From the early 2030s, royalties from Mozambique LNG alone will reach an estimated $3 billion per annum, doubling today’s state revenue and freeing up funds for integrated power projects.
Strike actions by workers at the French utility EDF in protest against the restructuring of the state-controlled company have curbed cumulative power output by 3.7 GW this morning. Production restrictions are expected to continue throughout the day.
Siemens AG, Europe’s largest engineering company, will create a new independent entity under the name ‘Siemens Energy’ that combines its conventional and renewable energy businesses. The spin-off will take effect as of April 2020 with a view to getting the new entity listed by September.
Flows of natural gas from the Appalachian Shale Basin to the rest of the U.S. surges as production reached over 16 billion cubic feet per day last month, pushing down prices in the Northeast. Meanwhile, demand rises in other states - both from the power sector and for liquefaction and export.
Russia’s Gazprom is preparing to feed first gas into the Power of Siberia pipeline for export to China. Production drilling is in full swing at the Irkutsk Region-based Kovyktinskoye field, which will start pumping gas into the 38 bcm/y gas interconnector with China in early 2023.
Australian-listed LNG Ltd, developer of the Magnolia LNG project in Louisiana, is striving to sign a full sales and purchase agreement (SPA) with Delta Offshore Energy. The first LNG cargo could set sail to the Mekong Delta in May, or early June 2020, for use in an integrated 3.2 GW combined-cycle power plant.
Germany’s renewable energy levy (EEG surcharge) that consumers pay with their electricity bills will rise up by 5% to 6.756 cents per kilowatt hour (ct/kWh) in 2020. It could be the surcharge’s last increase as the government promised to reduce the levy and other taxes on power prices from 2021.
Siemens has expanded Bolivia’s three largest thermal power plants to efficient combined-cycle mode, adding a total of 1 gigawatt (GW) of electric power output to the Bolivian grid. The three CCGTs, operated by Ende Andina, were commissioned within a few weeks in August and September.
Q Power, a Finnish pioneer in biomethanisation, has started to work with Wärtsila to develop and commercialise renewable and synthetic fuels. Q Power’s patented concept produces biomethane by taking CO2 from the air and combining it with hydrogen.
In California, energy storage is becoming a viable alternative to peakload gas power units. Pacific Gas & Electric (PG&E) is developing utility-scale storage with a combined capacity of 567.5 MW and 4-hour duration, aiming to replace three gas-fired power plants.
MAN Energy Solutions is supplying two 9L51/60 engines for a new power plant in Gambia, build on behalf of the local utility NAWEC. Situated in Brikama, the plant will produce 18 MW of electrical output, adding 20% to the installed capacity of the West African country.
New offshore wind parks have pushed the share of renewables in the UK past that of fossil fuel power plants over the past three month – a first for the country. Wind farms, solar panels, biomass and hydropower produced a total of 29.5 terawatt hours (TWh) of electricity in Q3-2019 – slightly more than the 29.1 TWh generated from coal, gas and oil.
Rampant US gas supply has been outpacing demand growth for the past year, slashing prices in Europe and Asia. Some US exporters are considering shutting in production as record low gas prices at the Dutch TTF hub challenge the profitability of liquefying and shipping gas to Europe.