Length in natural gas supply the U.S. Mid-Atlantic and Ohio region is building up amid rising production from the Marcellus and Utica Shale. Simultaneously, growing demand in the South Central region for feed-gas for LNG export facilities on the Gulf Coast has caused a reversal in gas flows on key interstate pipelines.
Latest earnings calls from publicly-traded U.S. gas producers show a slowdown in 2019 gas production as the role of private producers increase. The 25 firms sampled by Energy Aspects have a combined base output of 23.1 billion cubic feet per day (bcf/d), and said they expect 1.3 bcf/d annual production gains in 2019. This projected 6% uplift is less than their earlier growth 9% forecast.
As the second wave of the US shale revolution unfolds, the United States is forecast to account for 70% of the rise in global oil production and some 75% of the expansion in LNG trade over the next five years. On global oil markets, the U.S. has “essentially compensated for recent production shortfalls in Venezuela and Iran,“ commented Dr Fatih Birol, Executive Director of the International Energy Agency (IEA).
Sorgenia has turned to GE to make its 765-MW Termoli combined-cycle gas turbine (CCGT) power plant more efficient, reliable and flexible by enhancing its digital capabilities. In this context, Sorgenia also extended the multiyear O&M agreement with GE through 2031.
Spain’s gas network operator Enagás has agreed to pay $590 million for a 10.93% ownership interest in Tallgrass Energy (TGE), the operator of several U.S. interstate pipelines. To finance the deal, Enagás partnered with the private equity firm Blackstone and Singapore’s sovereign wealth fund GIC.
Finish technology group Wärtsilä has been contracted by Bahamas Power and Light (BPL) to supply an engine-driven power plant to help improve the grid reliability on the island. The 132 MW dual-fuel plant will be delivered and built on a fast-track basis as it is due to go into commercial operations in summer 2019.
Since the start of the February billing cycles, customers of the Dominion Energy subsidiary SCE&G are enjoying a 15% drop in their expenses for electricity. Dominion had to commit to lower energy bills to get approval from South Carolina’s state regulators for the $7.9 billion SCANA takeover.
The Italian utility A2A Group has contracted GE to deploy hardware and software solutions at its Chivasso, Sermide, Cassano and Monfalcone power plants with a combined capacity of 3,420 MW. A Predix upgrade at the 1,179-MW Chivasso plant allows the operator to start up the facility in a range from 90 to 120 minutes in every condition.
State-owned utility Taiwan Power Company (Taipower) has signed two non-binding LNG supply deals, seeking to start shipments from 2023. The imported fuel is designated for Taipower’s combined-cycle gas power project at Taichung, where unit 1 of 2 is scheduled to start up in early 2024.
Electricity consumption in the United States will continue to grow but at a slower pace than in recent years, the EIA forecasts, as global trade tension have an adverse effect on economic growth and reduce electricity demand from the manufacturing sector. Though net U.S. electricity output rose 4% last year to a record high of 4,178 million MWh, the EIA attributes this to a one-off weather related effect.
Caterpillar Energy Solutions’ new Cat G3512 generator series set is now EPA-certified for use at 1 g/bhp-hr NOx emissions. Rated for standby or continuous power at 750 ekW, or 1000 ekW at 60 Hz, the new genset series conforms to ISO 8528-5 G3 load acceptance criteria, improving transient and steady state performance.
The American family-owned independent power producer NOVI Energy has selected two GE’s 7HA.02 gas turbines to drive its Charles City combined-cycle power plant. The 1,100-MW project is planned for construction in Charles City County, Virginia.
Puerto Rico Electric Power Authority (PREPA) has agreed with NFEnergía, the local New Fortress Energy affiliate, to supply LNG and convert Units 5&6 of the San Juan power plant. The diesel-to-gas conversion of these two combined-cycle power units is expected to generate about $750 million in fuel cost savings.
Edison has signed a 300 million Euros contract with Ansaldo Energia to create a new H-class GT36 gas turbine for use in combined-cycle mode at the Marghera Levante power station, striving to turn it into the most efficient plant in Europe. The new turbine will have a total capacity of 780 MW and an energy performance of 63%.
Fortress Transportation and Infrastructure Investors has selected GE’s HA gas turbine technology for its Long Ridge Energy Generation project in Hannibal, Ohio. Kiewit Power Constructors will break ground on the project immediately, as the 458-MW plant is due for completion by November 2021.