Rolls-Royce has been selected to deliver 15 medium speed gas gensets of its Bergen Engines brand to power the Iron Bridge Magnetite Project in Western Australia, managed by Formosa Steel. The gensets are based on the new Bergen 20-cylinder B36:45 gas engine.
The spin-off Siemens Energy has decided to locate is corporate headquarters in Berlin, where the mother company was founded in 1847. CEO Christian Bruch was quick to point out the choice of Berlin will not distract from the important functions of other locations across Germany – notably Mühlheim and Erlangen.
Babcock & Wilcox (B&W) has won a $15 million contract to design and supply low-NOx combustion technology and a pulveriser system upgrade for Taiwan Power’s 5,824 MW Taichung Power Plant. To further reduce emissions, some coal-fired power units could be converted natural gas.
Falling costs for lithium-ion batteries and hydrogen electrolysers have rendered both technologies ready for mass commercialization. The International Energy Agency (IEA) projects the cost of 4-hour battery systems to fall to $220/kWh by 2040, so utility-scale battery deployment could reach nearly 220 GW by 2040.
South Korea’s power plant developer Doosan Heavy Industries has joined forces with five public power companies to build a model combined-cycle power plant, driven by a proprietary gas turbine. Doosan has been striving to develop a turbine since 2013, aimed at Asia’s growing LNG-to-Power market.
Mitsubishi Power and the US utility Entery will work together to limit emissions from electric power generation in Arkansas, Louisiana, New Orleans, Mississippi and Texas. The cooperation will focus on the adoption of hydrogen-capable gas turbine as well as utility-scale battery storage systems.
US oil major ExxonMobil and Global Thermostat have expanded their joint development agreement of Direct Air Capture Technology, designed to remove CO2 from the atmosphere. Amine-based adsorbents act like a filter to efficiently capture CO2, which can then be stored underground or used to make chemicals or construction materials.
Investment in U.S. generating capacity is dominated by gas power units due to its cheap capacity costs. Though construction costs for solar PV more than halved to $1,848 and costs for onshore wind fell to $1,382, both lose out on gas-fired units which cost just $837 per capacity added.
President Xi Jinping has told the UN General Assembly that China, the world’s largest carbon emitter, will reach peak emissions before 2030 and aspires to become carbon-neutral by 2060. President Xi called on all countries to “stop only pursuing development rather than environment protection.”
Siemens Energy’s new Unified Power Flow Controller, called UPFC PLUS, helps grid operators manage the load flow in alternating-current grids. Reacting within milliseconds, the tool enhances network resilience in the face of rising volumes of fluctuating renewable energy supply.
US engineering giant GE has decided to exit the market for new-build coal power plants in a bid to transform the structure of the company. “We are focused on power generation businesses that have attractive economics and a growth trajectory,” said Russel Stokes, CEO of GE Power Portfolio.
Singapore-based Keppel Shipyard has been contracted to convert an LNG carrier to a floating storage and regasification unit (FSRU) for use at El Salvador’s first LNG-to-power project. The FRSU will be installed in the second half of 2021, for the power plant to start operating before year-end.