Lawmakers in the U.S. Congress are preparing to hit European investors in the Nord Stream 2 pipeline with a new set of sanctions in an effort to derail the project. Uniper, Winterhall, Engie, OMW and Shell are invested in the Baltic Sea interconnector, and the sanctions could come as soon as February or March.
Quadra’s 233 MW Voronezh CHP plant has successfully run its first week of commercial operation since February 1, using four of GE’s Sprint LM6000 gas turbines. The additional aeroderivative gas turbines enhance flexibility reliability of the Voronezh combined-cycle unit.
MAN Energy Solution has launched an intelligent constant monitoring device for industrial lube oil. The certified device has recorded over 18,000 test hours on pilot industrial sites and complies with CE standards. It also received its first order is for third-party equipment in the Pacific region.
Indonesia, home to 260 million people, will see its population reach 300 million by 2030 which pushes up power consumption 6.4 percent annually from 2,400 TWh per year seen today to 4,400 TWh/year. Considering Indonesia’s “limited renewables potential,” MHPS reckons the country’s rising electricity demand will largely be met by new gas-fired power units.
Eager to avert power shortages in Yangon, the government of Myanmar has asked Wärtsilä to deliver eight 50SG engines for two power plants with 292 MW combined capacity. The two LNG-fuelled gensets are meant to be installed and operational within a matter of months.
Italian turbine manufacturer Ansaldo has approved its 2020-24 Business Plan to reposition its service segment by “exploring partnerships” for its subsidiaries PSM and Ansaldo Thomassen, or the “sale of company stakes.” Compared with past years, Ansaldo said its order book is “more balanced” in 2020, hence some 100 million Euros can be spent on new production technology.
Green hydrogen, produced with renewables using electrolysers, is hoped to become the ‘new oil’ and develop into one of the most essential vectors in the decarbonisation process. “The technology already exists to make it possible; the next step is to scale it up to enable it to serve the common interest,” argues the French author Thierry Lepercq.
Electricity demand has plunged in China’s Hubei province, where factories and construction sites are dormant as workers are told to stay home to contain the coronavirus. Industry accounts for nearly 70 percent of electricity demand, so the quarantine in Hubei slashed peak power load to 22.5 GW, some 21 percent lower than planned.
Anticipating “moderate revenue growth” for Gas and Power, Siemens hopes to reach an adjusted EBITA margin of 2-5% in fiscal 2020. Hence, the company is pushing through a wider cost optimization program with 1,000 million Euros in savings at the Gas and Power segment “on track and confirmed.”
German industrial giant Siemens has “got off to a somewhat slow start into the new fiscal year,” CEO Joe Kaeser noted when presenting first quarter results. Revenues fell 1 percent to 20.32 billion Euros due to a 4 percent drop in orders, hence Kaeser did not rule out redundancies at the energy division.
Mitsubishi Hitachi Power Systems (MHPS) and NTK Spark Plug have joint forces to manufacture and sell cylindrical cell stacks – a key element used in solid oxide fuel cells (SOFC). The new joint venture CECYLLS will use NTK’s ceramic knowledge to produce the cell stacks that can efficiently utilize heat.
Advances in technology and drilling techniques have allowed for production of U.S. crude oil and natural gas to keep rising despite fewer wells. According to government figures, the total number of wells fell to just 982,000 last year, down from a peak of 1,035,000 wells.