General Electric has decided to close down the 750 MW Inland Empire Energy Center (IEEC) in California some 20 years before the end of its lifetime. The steam-cooled H-class turbines had taken hours to start and repeatedly suffered technical problems, which hampered a swift dispatch of the CCGT and ultimately rendered it uneconomical.
Duke Energy’s subsidiary in Indiana has brought forward the date for planned retirement of more than 4,100 MW coal-fired capacity. Instead, the utility plans to add some 1,240 MW of cleaner-burning natural gas, 700 MW of wind energy, and 1,650 MW of solar power by 2037.
Electrification of the transport sector can help curb emissions substantially, Wood Mackenzie finds. A typical mid-size electric vehicle (EV) generates up to 67% fewer emissions than a gasoline internal combustion engine (ICE) car. But the crucial factor is the location where they are driven and the regional power generation mix.
California-based Sempra Energy is striving to take a leadership role in modernizing North America’s natural gas infrastructure to help incentivize power plant operators to switch from coal to gas. On a global scale, Sempra said its US LNG export terminal will supply affordable clean energy to Asia.
This year, for the first time since the Industrial Revolution, more of Britain’s electricity production will come from zero carbon energy sources, than fossil fuels. The landmark tipping point will be reached after National Grid invested £1.3 billion over the past decade in the clean energy transition, as well as £2 billion in new interconnectors such as the 1,400 MW North Sea Link to Norway.
Feasible Inc., a Californian battery analytics platform company, has received a major cash injection from Chrysalix Venture Capital’s RoboValley Fund to help promote its newly-developed intelligence platform EchoStat. Based on real-time analytics, the system provides actionable insight to solve challenges related to battery design and manufacturing.
The retired C.P. Crane coal-fired power station in Maryland is likely to be revived and converted to natural gas. Avenue Capital Group, the owners of the plant, has started the planning application process related to the fuel conversion, and a judge at Maryland’s state utility commission already signed off these plans.
Australian-owned liquefied natural gas trading platform GLX is now allowing European gas buyers and sellers to access its digital bid-offer system for global spot LNG cargo dealings. U.S. and Russian cargoes are increasingly traded at UK National Balancing Point (NBP) and Dutch Title Transfer Facility (TTF).
Malaysia offers some of the most material and attractive upstream investment opportunities in Southeast Asia, as the country needs additional gas supply for power generation. Time is of the essence, hence WoodMackenzie expects Petronas to ramp up its exploration efforts in deepwater Sarawak to prove up easier-to-develop resources.
The Swiss arm of MAN Diesel & Turbo and ABB Switzerland have started to jointly develop, produce and commercialize a three-way Electro-Thermal Energy Storage system (ETES). Based on so-called ‘charging cycle,’ the ETES uses surplus renewable-electricity to generate heat and cold for storage in insulated reservoirs. The stored heat and cold can then be converted back into electrical energy on demand.
Wherever connectivity goes, vulnerability follows, so as the power sector becomes more central to our lives, electricity businesses must switch to a cybersecurity-first mindset, says Erik Laykin, head of global data risk at Duff & Phelps. In his view, the trend towards autonomous vehicles is "just the start. Power is set to be the platform our world is built on.”
Trump-alley Andrew Wheeler, the head of the U.S. Environmental Protection Agency (EPA), has signed a final ruling that roles back Obama-era emission limits for thermal power plants. The new rule gives U.S. states wide discretion in deciding whether coal power plants need efficiency upgrades or retrofits, hence benefiting the local mining industry.
The German government has been urged to keep the coal exit roadmap as flexible as possible. Andreas Kuhlmann, head of the German Energy Agency (dena) said rather than rigidly implementing the Coal Commissions’ proposals, there needed to be some leeway for key sectors – notably transport, buildings and industry.
Burning hydrogen (H2) in a combined-cycle power plant is a step towards dispatchable, totally CO2-free power generation. However, the main challenge of H2 combustion lies in its properties, notably its increased reactivity. In contrast to natural gas, the flame position moves upstream during H2 combustion, which increases the risk of flashback.
By 2030, green hydrogen – produced from renewables – could substitute more than 45% of the European Union's industrial (grey) hydrogen demand, or 10% of the EU's natural gas consumption. If the right policies are put in place to facilitate this transformation, it would decarbonise the “hard-to-abate” sectors like industry and heavy transport. But not all clean hydrogen will be produced within Europe.