MHI Compressor International (MCO-I) will deliver and install four compressors and two steam turbines in the second quarter of 2022 to help expand Koch Fertilizer’s ammonia production facility in Fort Dodge, Iowa. Koch freed up $140 million to modernise its Fort Dodge plant and boost ammonia production capacity by 85,000 tons per year.
Germany’s coalition government has approved a ‘climate pact’ that allocates up to €8 billion to finance initiatives from 2022. Urgent action is required in energy, industry and transport as Chancellor Angela Merkel vowed Germany will reach Net Zero emissions five years earlier than planned in 2045. The steel, chemicals and cement industry has come under intense scrutiny.
Rolls-Royce has installed and commissioned eight MTU emergency generator sets with 9.2 MWe power output at a major bank near Madrid. The four MTU 4000 DS1650 and four 2000 DS1100 units ensure continuous electricity supply to the bank’s data centre should the public power grid fail.
Pipe-laying works for Nord Stream-2 continue until the end of September for the final stretch from Bornholm Island up to the German border. The Danish maritime authority confirmed works are being carried out by the Russian-flagged Akademik Cherskiy pipe-laying vessel and fellow ship Fortuna. Sea-trials will follow to scrutinize the pipeline before start-up.
Rebounding spot prices at Henry Hub have prompted US utilities to switch from natural gas-fuelled power plants to renewables and thermal coal units. The Henry Hub spot price averaged $2.66 per million British thermal units (MMBtu) in April and is forecast to rise to $3.05/MMBtu later this year.
Japan’s Mitsubishi Power, part of MHI Group, has captured the top gas turbine market share (29%) by megawatt in the first quarter of 2021, according to McCoy data. It also secured 40.8% of the heavy-duty gas turbine segment, amid strong order intake for Series Air-Cooled (JAC) turbines.
Japan’s largest power producer JERA will be working with Yara to upgrade its Pilbara fertilizer plant in Australia to produce blue ammonia – a promising, emission-free fuel. Blue and green ammonia from Pilbara will be shipped to Japan, for co-firing JERA’s gas power plants.
Terna, the Italian transmission system operator, has ordered two static synchronous compensator (STATCOM) systems for grid stabilisation from Siemens Energy. The containerized 125 Mvar units will be added in Villanova, Abruzzo region, and Latina in Lazio in order to facilitate electricity flows to Montenegro and Sardinia.
US natural gas production has slowly recovered from a plunge in February when a record-breaking cold snap caused production freeze-offs at US oil and gas wells, sending wholesale electricity prices soaring. Texas suffered blackouts and fuel supply shortages, as the state’s gas production fell 4.3 billion cubic feet per day (Bcf/d), or 15%, to 21.5 Bcf/d.
Anatol Feygin, Chief Commercial Officer (CCO) at Cheniere Energy, is bullish on forward margins for LNG shipments this spring. Asian buyers are expanding regas terminals and pipelines, he noted, with gas-fired power generation set to become the second-highest growth segment in China, India and Southeast Asia after renewables in terms of capacity additions.
Mitsubishi Heavy Industries (MHI) has decided to absorb the business of Mitsubishi Power effective October 1, 2021. Some aspects of the integration are already underway, as the Japanese manufacturer strives to promote the use of carbon-free fuels like hydrogen and ammonia at various demonstration plants around the world.
Carbon Neutral Energy (CNE) is to open offices in the US, two months after its UK launch, seeking to help power grid operators prevent widespread blackouts like the ones in Texas in February. CNE is offering mobile batteries in a range of 1MW to 5MW that can be combined to create Gigawatt storage systems.