The cost of producing hydrogen gas from renewables is forecast to fall sharply over the next decade, providing an affordable fuel to decarbonise the energy and transport sectors. In Germany and Texas, RES hydrogen costs could fall to $1.40 a kilogram by 2030 from the current range of $2.50 to $6.80, according to research published in Nature Energy.
Daroga Power, an investor and developer of distributed generation energy assets, has closed an infrastructure portfolio fund to deploy 32.85 MW of Bloom Energy solid oxide fuel cells. Approximately 6 MW of fuel cells in the portfolio are already operational, and the additional ones will be deployed through the end of 2022.
Inventories of natural gas in the US will reach 3,592 billion cubic feet (Bcf) by November 1, the start of the winter heating season – nearly 160 Bcf less than usual. High withdrawals in winter 2020/21 were not replenished this summer as dry gas production stayed flat while US LNG exports keep rising, leaving little for storage.
Rolls-Royce has invested over $600 million to revitalize manufacturing capabilities at its Indianapolis Operations Center. The upgraded facilities include digital engineering and robotics with a view to improving the company’s competitiveness in an increasingly contested marketplace for propulsion and power solutions.
GE has commissioned the Chia Hui combined heat and power (CHP) plant in Minxiong Township near Chiayi City in southwest Taiwan. Powered by a HA-turbine, the CHP adds approximately 535 MW of electricity to the grid – enough for 600,000 homes – as well as steam for district heating.
Wärtsilä will supply energy storage for the Beimen project in Kaohsiung city to help regulate grid frequency. The 5.2 MW / 5.2 MWh unit, ordered in early August, is due operational in the first quarter of 2022 and will help North Star earn revenue in Taiwan Power’s ancillary service market.
Heads of German industry are urging Berlin to allow the use of ‘blue’ hydrogen, made from natural gas while capturing carbon, for a transition period. 55% of the 2,500 surveyed decision makers, notably the steelmaker Thyssenkrupp and energy company RWE, want to use blue hydrogen which is cheaper to make than ‘green’ hydrogen.
Gas-burn for power generation will stay almost flat in India, as most of the country’s stranded gas-fired fleet is uncompetitive without subsidies or an outright collapse of international gas prices, the International Energy Agency (IEA) finds. Solar photovoltaic (PV), in contrast, is poised for “explosive growth” in India, matching coal’s share within two decades.
Finish technology group Wärtsilä will supply a 250 MW / 250 MWh battery energy storage system to AGL Energy for installation at the 1,280 MW Torrens Island Power Station in South Australia by early 2023. AGL plans up to 1 GW of grid-scale energy storage across Australia, mostly to back up renewables.
Near curve gas prices at the Dutch TTF trading hub must stay above the 15% coal-to-gas fuel switch trigger to displace enough gas from power generation to bolster Europe’s pre-winter storage inventories. Energy Aspects sees upside on TTF prices to €46/MWh amid risks over Russian flows this winter due to a possible delay of Nord Stream 2.
Chicago-based Exelon Utilities is gearing up to half its operations-driven emissions by 2030 and ultimately get to net-zero by 2050. To that end, it will convert a third of its vehicle fleet to electric, invest in energy efficiency and modernise the gas grid to minimize methane leaks.
People in Britain will face a substantial rise in energy bills after the industry regulator Ofgem increases the cap on prices that power generators can charge. Ofgem today announced energy suppliers can charge customers roughly £139 more from October, and customers on prepayment contracts will have to shoulder a £153 raise.
Speed, scale and scope of converting natural gas pipelines to carry low-carbon fuels such as hydrogen will support “deeper decarbonisation,” alongside a renewables build-out, IHS Markit finds. Many industries can switch to gas to reduce their carbon intensity, and conversion costs are economically viable at $40-$60 per ton of carbon.
Japanese manufacturer Mitsubishi Power, part of MHI Group, has created a global network of TOMONI hubs to pre-warn operators of impending issues or needed corrective action to avoid unit trips or load reductions. The 840 MW Intermountain Power Project will use the hub to enhance the plant’s resilience and operational uptime.