Most of the planned retirements of US power plants through 2020 will be coal-fired plants and natural gas steam turbine units, based on information reported to EIA. From 2008 through 2017, coal-fired units accounted for 47% of all retired utility-scale power stations, followed by gas steam turbines with a 26% share.
GE has announced it will provide Enel, Europe’s largest power provider in terms of market capitalization, with its Predix-based software solutions to be deployed as a predictive diagnostic tool in 14 of Enel’s thermal power plants in Europe and Latin America.
Spurred by rising gas demand from the electric power sector, industry and LNG exporters, US dry natural gas production is forecast to rise by an average of 80.4 billion cubic feet per day (Bcf/d) in 2018, up 6.9 Bcf/d or 9.3% on the 2017 level which would be the highest increase on record, according to EIA figures. A more moderate 3.2% rise of 2.6 Bcf/d is expected for 2019.
Aspirations of the Trump administration to prop up America’s coal industry have been dealt a blow by the Federal Energy Regulatory Commission (FERC) which rejected U.S. Energy Rick Perry’s proposal to subsidize coal and nuclear power stations if they stockpiled 90-days worth of fuel. Republican and Democrat members of FERC earlier this week unanimously voted against the Department of Energy’s (DoE) proposed “Grid Resiliency Pricing Rule.”
Cooperative Energy, a member-owned electric cooperative based in Hattiesburg, Mississippi, has awarded a Engineering, Procurement & Construction (EPC) contract to Wärtsilä to deliver a 22.7-MW power plant based on two gas-fired 31SG engines. With an output of 11,400-kW at 60Hz, the 20-cylinder Wärtsilä 31SG gas engines are one of the most efficient in its class.
Independent power producer Nexif Energy has signed an engineering, procurement and construction (EPC) contract for its 110-MW cogeneration project in Thailand’s Rayong Province. Having acquired the project in June 2017, Nexif said it seeks to achieve financial close in the first quarter of 2018.
China’s leading power generation equipment manufacturer Harbin Electric has ordered two GE 9F.05 gas turbines for the State Power Investment Corp’s (SPIC) 800-MW Langfang gas combined-cycle power project. Harbin Electric itself will provide steam turbines, generators and other auxiliary systems for the CCGT, due for commission in 2019.
Freezing temperatures have crippled the energy infrastructure in New England for the past 10 days, sending prices for natural gas and fuel oil soaring. After a winter storm brought down a large nuclear plant, gas prices skyrocketed and operators turned on some oil-fired power stations. Managing the region’s power system “continues to be challenging,” the ISO New England grid operator warned, noting that some oil-fired generators were “quickly depleting their fuel supply”.
Ramping up Egypt’s giant Zohr offshore gas field as well as the West Nile Delta gas projects will transform the Middle Eastern country from an importer to an exporter of natural gas and LNG. Cheap domestic supply will also advance the role of gas-fired power plants in Egypt’s energy mix.
Summit Power International (SPI), Singapore, has awarded a 15-year contract to PSA Marine, to provide a floating LNG storage and regasification unit (FSRU) in Bangladesh. This project is part of SPI's $1 billion investment programme to deliver 1,000-MW of power and gas in Bangladesh.
PT Indonesia Power, a subsidiary of PT PLN (Persero), has awarded a contract to Wärtsilä to deliver a 100-MW turnkey power project that will be used to provide back-up electricity for Jakarta’s new mass rapid transport system, currently under construction. Scheduled to open to the public of Jakarta’s in 2019, the rapid transit system will include two lines with a total of 13 stations, and have an initial system length of 15.7 kilometres.
Clarity on the UK coal phase-out will bring the Conservative party’s long-awaited implementation plan which Theresa May will introduce in a speech on her party’s green energy policies this week. One of the UK’s eight remaining coal power stations is expected to shut down this year, the Government said as it reaffirms rules that mandate the closure of all unabated coal-fired generators. Poor economics of coal power stations, combined with effects of the UK carbon floor price and existing EU emission regulations, are likely to lead to all but 1.5 gigawatts of Britain's coal power stations to shut before the 2025 deadline.
Taiwan Power Company (Taipower) has issued a Request for Expression of Interest (REOI) with the aim of securing its first LNG supply deal to source fuel for a proposed 2,600-MW gas-fired power plant. Taipower stated it is seeking to purchase between 1.8 mtpa and 2.4 mpta over a 15-year period, starting from 2023.
Southern Power Generation, a project company set up by Malaysia’s state-owned TNB and IPP Energy, has given Pöyry an owner's engineer services assignment for a 1,440-MW combined cycle power plant.The new CCGT will be built adjacent to the existing Sultan Iskandar Power Station at Pasir Gudang, Johor.
Denmark’s power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has been awarded a €125 million contract to build a 120-MW dual fuel power plant in Benin. The deal is BWSC’s second order win in Western Africa in 2017, and according to BWSC, the project is scheduled to be delivered in 18 months from effective contract.