Delivering solutions to help power producers stay competitive, GE Power Services has introduced its new 7F DLN2.6+ Flex upgrade solution at the annual 7F Users Group’s annual conference in Atlanta. The upgrade leverages GE’s DLN 2.6+ combustor and combining it with new Axial Fuel Staging (AFS) technology.
Competition is fierce for nuclear power in the United States as energy mix is being transformed by comparatively cheap natural gas, rising supply of renewable energy, and limited growth in overall electricity demand. Sensitivity analysis in the EIA’s Annual Energy Outlook 2018 (AEO2018) show the potential effect on the U.S. nuclear power fleet of different assumption for reactor operating cost, future gas prices and carbon policies.
Engineers of Lahmeyer, part of Tractebel, have analysed and efficiency-optimized the 9HA.01 turbines installed at a new combined-cycle power plant that went into operation at Haveli Bahadur Shah, Pakistan, on April 30, 2018. Gas turbine optimization allowed the plant to reach a world record net efficiency rate of 62.4 %. Main challenges for implementing the project in Pakistan’s Punjab province were the high fuel prices of imported LNG as well as the short implementation period of the project.
Dry natural gas production in the United States is forecast to reach a new record of 80.5 billion cubic feet per day (Bcf/d) in 2018, up from 73.6 Bcf/d in the previous year. According to the EIA’s latest Short-term Energy Outlook (STEO), the rise in US natural gas production will help replenish storage levels from current lows and support increasing natural gas exports, both via pipeline to Mexico and in the form of LNG.
Compact Gas Insulated (GIS) switchgear, produced by the Swiss manufacturer ABB, has been ordered by Indonesia’s state-owned power utility PLN to facilitate reliable supply of electricity and enhance grid reliability. In Indonesia, the largest economy in Southeast Asia, electricity demand continues to grow – not least because the government in Jakarta seeks to have all households connected to the national electricity grid by 2025 and executes an ambitious program to add 35,000 MW of new capacity to the grid.
France’s natural gas pipeline operator GRTgaz has approved an investment of 17.5 million Euros ($20.7m) to create the first major physical entry point of natural gas in France through Switzerland, at Oltingue in the Haut-Rhin region. The project, carried out with FluxSwiss and Snam Rete Gas, is aimed at improving France’s supply security by providing access to new sources of Libyan, Algerian and Azeri gas by pipeline.
Despite losses at the Power & Gas (PG) unit, Siemens has raised its full-year outlook following first-half results that exceed analyst expectations thanks to solid growth in the company’s software unit. “Our longterm investment in digital leadership is clearly paying off, delivering an overall book-to-bill ratio at 1.11x despite weakness in new business in the power sector," Siemens CFO Dr. Ralf P. Thomas said in an investors’ call today.
Painting a bleak picture of the planet’s climate, the International Energy Agency (IEA) has warned if countries limit their clean energy efforts to their nationally determined contributions (NDCs) in the Paris Agreement, this will set us on a path consistent with about 2.7°C warming by 2100. Yet, as the adage goes, “that which is measured, improves,” says IEA Climate Change Policy Analyst, Caroline Lee, so there is hope that natural gas and renewables will help turn the tide towards more sustainable electricity supply.
Suncor Energy has issued a Letter of Intent to purchase MHPS JAC gas turbine technology to power a new, more cost-effective process for producing in the Canadian oil sands. Once sanctioned and installed, the two JAC turbines will provide 800 MW of onsite heat power at Suncor Energy’s oil sands mine near Fort McMurray, Alberta.
About 21 GW of natural gas-fired generators are scheduled to come online in the United States this year out of a total 32 GW of new-built electric capacity. “If these gas generators come online based on their reported timelines, 2018 will be the first year since 2013 in which renewables did not make up a majority of added capacity,” the U.S. Energy Information Administration (EIA) commented.
Reacting to weakness in the power generation market, Siemens has decided to temporarily shut down its Power & Gas (PG) manufacturing sites around the world. Following intensive talks with trade unions, the German engineering conglomerate on Monday night also reached an agreement on restructuring measures for its PG and Process Industries and Drives Division (PD). “Cost reduction targets are being retained,” Siemens said in a statement today, adding “job cuts are unavoidable.”
Technological challenges are “taking root on the grid,” the New York Independent System Operator (NYISO) said with reference to an array of battery storage projects and the first offshore wind project off Long Island. Looking ahead, NYISO expects both baseload and peakload power demand to fall by about 0.14% through to 2028, caused by a rising use of distributed power sources and energy efficiency measures.
Elon Musk, the man at the helm of Tesla, has hinted at the company’s Q1 investors’ call that a giant 1 GWh energy storage project would be announced soon. Highlighting the impact of Tesla’s 129 MWh battery in South Australia, he said “its grid stabilization was much greater actually than even a gas turbine plant, which normally respond quite fast.”
Profit margins of UK’s gas-fired power plants keep improving, boosted by the closure of aging coal power plants and delays in the construction of new nuclear capacity. Consequentially, gas power plants are seen contribute more than half of the UK’s electricity needs in less than 10 years, up from 45% in the previous years, according to Fitch Group affiliate BMI Research.
Allianz, Europe’s largest insurer, has ceased to sell policies to coal companies in an effort to fight climate change. The company said it would immediately pull its coverage from single coal-fired power plants and coal mines, and phase out all coal risks by 2040. Allianz also announced it will stop investing in companies that do not reduce their greenhouse gas emissions, which would apply to 664 billion euros of investments.