Rail tankers will soon transport LNG to power generators across the United States, as the regulator seeks to advance the use of this cleaner-burning fuel in decentralized location like the Midwest. Trucks and ships are currently the only means of transport for liquefied natural gas.
Align Renewable Natural Gas (RNG), a new joint venture by Dominion Energy and Smithfield Foods, will capture methane emissions from hog farms in North Carolina and convert them into natural gas for use in decentralized power generation. The initiative is meant to help cut the JV’s emission 25% by 2025.
Golar Power is moving ahead with an integrated LNG-to-Power project in Brazil’s northern state of Para, after securing a 25-year power purchase agreement (PPA) from the Brazilian authorities. The 605 MW power unit is scheduled to start operations in January 2025.
Urbanization, rising income, and greater access to electricity in emerging economies will nearly double the electricity’s share of total energy use in buildings. In non-OECD countries, the U.S. Government projects that share will increase from 21% last year to reach 38% by 2050.
New York Public Service Commission has given the green light for the Ravenswood project, a 316 MW battery-based energy storage that would replace ageing fossil-fuelled capacity in NYC. If built, the project will be the first major use of energy storage for peakload power in the U.S. Northeast.
Malaysia’s TNB Northern Energy, funding vehicle of TNB Prai, has received a triple-A rating when issuing Islamic securities (Sukuk) over 1.475 billion Malaysian Ringgit (US$0.35bn) to finance its latest power plant. The 1,072 MW Prai combined-cycle gas power plant in Penang receives only availability-based revenue.
MAN Energy Solutions has fully commissioned a combined heat and power plant on behalf of the municipal utility in Schwäbisch Hall, southern Germany. The new 12V35/44G TS gas engine increases cogeneration efficiency by 20%.
Saudi Arabia’s Acwa Power and Saudi Aramco have contributed nearly $3 billion in funding for an integrated LNG-to-Power project in Bangladesh. The 3,600 MW power plant and an integrated LNG regas terminal will be jointly build by the Bangladesh Power Development Board (BPDB) and its Saudi partners.
Bracing against the risk of wild-fires, the Californian utility Pacific Gas and Electric (PG&E) shut off electricity to hundreds of thousands of customers in 34 California counties. The impact of these shutoffs could have been buffered by supplying electricity from energy storage facilities.
Slovenian energy solution provider NGEN has invested over 15 million Euros to install the largest Tesla Powerpack storage system in Europe. The 12.6 MW/22.2 MWh battery energy storage system (BESS) is used for grid balancing and will soon be accompanied by a second, similar-sized unit.
Financing has been agreed for the $868 million Taweelah independent power and water desalination project, the world’s largest reverse osmosis facility. The Emirates Water & Electricity Company (EWEC) and ACWA Power will build the new plant at the Taweelah complex in Abu Dhabi.
Petronet, the operator of India’s Dahei and Kochi LNG import terminals, has managed to push down the price for LNG cargoes from the US Gulf Coast. Tellurian, developer of the Driftwood liquefaction terminal, agreed to deliver cargoes to India at a price of $6 per unit – a much lower price than the price cap for output from India’s Malampaya gas field.
Shell Eastern Trading will likely be Hong Kong’s first supplier of US LNG for use in the 2.5 GW Black Point and 3.7 GW Lamma Island power stations. CAPCO and Hong Kong Electric already struck an LNG supply deal with Shell which covers up to 1.2 million tonnes per annum for 10 years, starting from 2020.
Russia’s Gazprom seeks to end a dispute with Naftogaz Ukrainy before a crucial gas transit contract expires on December 31, 2019. Offering an out-of-court settlement, Gazprom chairman Alexey Miller said he could picture a “zero option” whereby all court proceedings would cease and all lawsuits would be withdrawn.
Siemens is applying its electrification experience in the marine industry to offshore oil and gas, focussing on reducing emissions and risk in harsh operational environments. BlueVault, Siemens’ advanced lithium-ion battery-based solution, is suited for both all-electric and hybrid energy-storage applications.