Daily News

Germany’s federal and state governments have sealed a deal to make official the 40 billion Euros in state support for mining regions. The funding is dedicated to companies and regions worst affected by the landmark plan to exit coal-fired power generation by 2038 at the latest.

Siemens Energy has laid out its post-spin-off strategy and set a target for an adjusted EBITA margin of 6.5 to 8.5% for fiscal year 2023. In its first phase, the company will focus on increasing profitability and cash flow by implementing a leaner cost structure, optimized logistics and centralized purchasing.

Northern Powergrid has become the UK’s first distribution network operator to release a strategy paper on how it can contribute to the country’s ‘green recovery’. The TSO, serving 8 million customers in the North East and Yorkshire, submitted its 2023-28 business plan in line with Ofgem’s ED2 price control regulatory period.

Siemens Energy has received a 330 million Euro order from the Canadian clean energy developer Kineticor to provide two high-efficiency SGT6-8000H gas turbines and services for the 900 MW Cascade Power Project in Alberta. The combined-cycle gas power plant is due to start operations in 2023.

Japanese power utilities’ LNG demand has partially recovered this month, due to high temperatures, specifically in western Japan. However, the outlook for the autumn and winter season remains bearish as a coronavirus-related recession dampens energy demand from the industrial sector.

ENGIE Italia has contracted Wärtsilä to supply a combined heat and power (CHP) plant, based on 31SG gas-fuelled engines, for two new projects. The electric utility will use the CHPs to supply electricity, steam, and hot water to the Marcegaglia Group, a renowned steel processing company.

Fitch Ratings believes the recent gas-fired power tariff cut in China's Guangdong province came in response to the falling spot gas price. The government aims to increase the ratio of gas-fired power in the province’s energy mix, allowing utilities to take advantage of falling procurement costs.

South Korean equipment provider LS ELECTIC and Nokia have agreed to develop analytics-based platforms to evaluate power generation assets. Nokia’s SpaceTime asset lifecycle optimization platform – based on big data analytics and machine learning – allows LS ELECTRIC enhance its offerings for utility customers.

Utilities’ rising use of artificial intelligence (AI) accelerates Europe’s green energy transition. The greatest potential, according to Germany's energy agency (dena) lies in forecasting as well as optimising operations and inventories. dena CEO Andreas Kuhlmann said AI can “drive new business models, accelerate innovation and increase efficiency.”

Able Grid, developer of U.S. battery energy storage projects, is forging ahead with works on the Chisholm Grid battery energy storage system in Fort Worth, Texas. Chisholm Grid will initially have 100 MWac of rated capacity and is scheduled to begin commercial operations in mid-2021.

Brazil’s Companhia Energética Manauara (CEM) has asked the Finish manufacturer Wärtsilä to convert an oil-fired power plant to run fully on natural gas, while increasing its output from 85 MW to 92 MW. The contract is for the Manauara power plant in Brazil, and was signed in July.

Competitive Power Ventures (CPV), together with GE Capital, Osaka Gas, Axium and Harrison Street, have reached financial close on the Three Rivers Energy Center, a 1,250 MW combined-cycle gas power plant in Illinois. The project is based on $1.3 billion in private investment, including $875 million of senior credit facilities.

News in Brief

Mott McDonald starts construction on ALCP6

Oct 20 – US construction firm Mott McDonald has started building the ALCP6 waste to energy project in Krabi province, southern Thailand. The plant will incinerate 144,000 tonnes per year of municipal solid waste, and the heat obtained will be converted into 6 MW of electricity to be exported to the Thai national grid.

Brace for EU sustainable finance rules

Oct 19 – Sustainable finance practices, drawn up by the European Commission, could create a "bureaucratic monster" that smaller companies and energy investors would find overbearing, the Munich-based Institute for Economic Research (ifo) warned. The regulation should hence prioritise closer scrutiny of large and listed companies.

UK could become net power exporter

Oct 16 – Increased interconnection could provide a route for excess offshore wind power in Britain to be consumed elsewhere in Europe. National Grid Interconnector Register shows up to 16 GW of interconnection could be operational by 2025 and up to 25.4 GW by 2030.

Wärtsilä to deploy GridSolv in US city

Oct 15 – AEP OnSite Partners has contracted Wärtsilä to deploy its GridSolv Quantum energy storage in the city of Martinsville, Virginia. The system includes an UL9540A limiting 2-hour battery firewall and will help lower the city’s energy costs.

Rolls-Royce spends $13.9m in Mankato

Oct 14 – Britain’s engine maker Rolls-Royce has decided to invest nearly $14 million in its Power System business to build a new R&D centre at its MTU manufacturing plant in Mankato, Minnesota, US. The expansion will see 28,000 square foot added to the facility’s existing hall, making room for the production of high-power MTU gas gensets, enhanced product testing and the creation of 20 new manufacturing positions.

Clarke commissions Vitalait power unit in Tunisia

Oct 13 – Clarke Energy and INNIO Jenbacher have completed the commissioning of an onsite power plant of a milk producer in Tunisia. The installation of another Jenbacher gas engine has increased the plant’s output to 4 MW of electricity as well as 1,100 kW of hot water and 800 kW of steam.

Secondary battery market to top $55bn

Oct 12 – Technavio expects the secondary battery market to grow by $55.62 billion through 2024, rising at an 11% rate over the forecast period. Falling costs for lithium-ion batteries as well as growing demand in Asia Pacific allowed the market to grow 2.01% this year, despite adverse effects of the pandemic. Top battery suppliers are Tesla, Clarious, Exide, LG Chem, GS Yuasa and Samsung.

Shift to sustainable tech

Oct 9 – Three quarters of utilities, surveyed by EIT InnoEnergy, are considering adopting sustainable technology over the next 12-18 months. However, over one third of the respondents found it hard to recruit the skills they need.

Generator rentals slow

Oct 8 – The rental market for power generators has slowed down due to the pandemic, with genset rentals from the oil and gas industry forecast to grow by just $153.87 million this year. However, Technavio expects the market will return to a 3% annual growth rate by 2024.

GE upgrades Italian CHP

Oct 7 – GE has completed an axial fuel staging upgrade on its 9E gas turbine at an onsite combined heat and power (CHP) plant at the Milazzo refinery in Sicily. The entire electricity needs of the refinery, over 780 GWh in 2019, will soon be supplied by the upgraded and more flexible gas turbine.

Operating assets ‘from anywhere’

Oct 6 – GE Digital’s latest software gives electric utilities remote and mobile control over their power stations for remote start-up, external monitoring and operational fine-tuning. The goal is to safe cost through autonomous operation from any location.

Chart wins order from New Fortress Energy

Oct 5 – Chart Industries has secured a second leasing order, worth $7.7 million, for ISO containers for LNG applications from New Fortress Energy for a project in the Caribbean. The US equipment maker sees double digit near-term growth in its repair, service and leasing business, notably from growing demand for LNG equipment for infrastructure.

Siemens energises Togo

Oct 2 – Siemens Energy has delivered a SGT-800 gas turbine and other components for the Kékéli Efficient Power plant project. Located in the Togolese capital Lomé, the 65 MW plant will cover almost 40% of country’s expected electricity demand.

Batteries get cheaper

Oct 1 – Cost for battery production is falling rapidly as manufacturers bring large Gigafactories on-line. By 2030, Bloomberg New Energy Finance anticipates battery pack prices to drop to $73 per kilowatt-hour, down from a current volume-weighted average of below $270/kWh.

Barclays may help fund Rolls-Royce

Sept 30 – UK’s prime engine maker Rolls-Royce is understood to be close to getting fresh financing from Barclays Bank. The Derby-based company, however, insists no final decision has been taken on the precise amount that may be raised or any allotment of shares to any investor.

Petronas to truck LNG to off-grid users

Sept 29 – Petronas Dagangan Group is gearing up to build a LNG truck delivery service for off-grid customers in Peninsular Malaysia. Trucks fitted with cryogenic tanks will bring the super-chilled fuel to remote industries and small-scale power generators with no access to the natural gas grid. Malaysia’s Peninsular Gas Utilisation (PGU) pipeline is only 2,500 kilometers in length and was initially built to export gas to Singapore.

Siemens to reduce emissions at NLNG

Sept 28 – Nigeria LNG has contracted Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its liquefaction plant on Bonny Island. The new BOG train will be driven by an high-efficiency electric motor and includes two compressors. Manufactured in Duisburg, Germany, the equipment will be delivered in the fourth quarter of 2021.

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