The International Energy Agency (IEA) is calling on governments and businesses around the world to increase the use of clean hydrogen not only for power generation but also for transport and heating. There are currently around 11,200 hydrogen-fuelled cars on the road worldwide. Existing government targets call for that number to increase dramatically to 2.5 million by 2030.
‘Renewables as baseload’ is possible through Wärtsilä’s integrated solar photovolatic (PV) and battery-based energy storage. The adaptable Hybrid Solar solution allows utilities to monitor and optimize solar power output through the GEMS platform, developed by Greensmith Energy.
General Electric has developed three new grid analytic methods that combine domain expertise with artificial intelligence (AI) and machine learning (ML) to tackle challenges in electric grid operations. The offer addresses storm readiness, network connectivity and inertia in a bid to enable more stable grid operations and security of power supply.
The Asian Development Bank (ADB) has entered a partnership with the United States Agency for International Development (USAID) to mobilize $7 billion worth of investment for energy projects in Asia and the Pacific. The explicit aim is to boost the capacity of clean energy systems by 6 Gigawatts (GW), and increase regional energy trade by 10% over the next five years.
German engineering giant Siemens has announced plans to cut 2,700 jobs at its Power & Gas (PG) unit that will be carved out and listed in a sweeping overhaul. Siemens said the measures were “necessary” to adjust capacities to reflect developments of the ailing global market for large gas turbines.
Dubai Electricity and Water Authority (DEWA) has broken the world record in inspection outages by re-engineering a Siemens SGT-4000F gas turbine at K-Station, part of its Jebel Ali Power & Desalination Complex, in record time. Works were completed in 11 working days, compared to 30 days earlier – a 63% reduction in outage duration and major cost savings.
Norwegian energy giant Statkraft and flexible grid specialist Statera have entered a 15-year partnership to develop a 1 GW virtual power plant (VPP) in the UK. Consisting of flexible reciprocating gas and energy storage, the VPP will match demand with supply from various energy sources “within seconds.” Ultimately, the partnership is meant to bring Statkraft’s VPP capacity to 2 GW.
General Electric (GE) could potentially win a substantial share of multi-billion dollar contracts to rebuild Iraq’s electricity system, after the U.S. government intervened on behalf of the company. In April, the Iraqi Prime Minister had said Siemens was “well-placed to win the bulk of future deals.”
French oil and gas giant Total and Germany’s Siemens have proposed to scale back the size of the 1,230 MW integrated Kanbauk LNG-to-Power project after unresolved talks with the Government of Myanmar over financial terms. Downsizing is hoped to save the project which is at risk to be suspended, or outright cancelled.
Operational test runs are being carried out at the 640-MW Ubari gas-fired power plant, operated by the General Electricity Company of Libya (GECOL). GE is working towards getting the plant ready for service by early July to help rein in Libya’s persistent shortfall in electricity supply.
Japan’s power generation mix is changing, as the world’s largest LNG importer prefers cheaper thermal coal over regasified natural gas. By 2030, the Ministry of Economy, Trade and Industry (METI) projects coal will have a 26% share of Japan’s energy mix, just behind natural gas with 27%. Nuclear is seen account for 20% to 22% and renewables will cater for about a quarter of overall electricity supply.
Edesur, one of Argentina’s leading TSOs, has been struggling to restore electricity after a “massive failure” left nearly 50 million inhabitants in mainland Argentina and Uruguay in the dark since early Sunday. The blackout was described by Edesur as “totally unpredicted” and its exact cause is still unclear.
Aggreko, a UK-based provider of mobile power solutions, has agreed to support Wärtsilä with the launch of its new Modular Block solution. This pre-fabricated, modular enclosure – based on medium-speed W32 and 34 engines – is mobile and can be re-deployed at various sites which enables operators new financing models, such as power as a service or rentals.
Kawasaki Heavy Industries of Japan is advancing the development of a floating power plant that will operate on regasified LNG, targeting utility customers in remote areas of Southeast Asia. The barge-based LNG-to-Power solution will be the first of its kind able to generate 100,000 kilowatts of electricity.
Wells drilled horizontally into shale formations - in contrast to vertical wells - have surged in number over the past few years and now account for nearly all of U.S. tight oil and gas production. Horizontal wells in 2004 still made up about 15% of shale oil and 14% of gas production, but this share has risen to well over 97% for both.