Technology changes that come with the energy transition are far-reaching, notably for power grid operators tasked with having to keep the balance between supply and demand. “Of course, target we are aiming for is a “full 3D” system, i.e. a system that is 100% decentralized, 100% decarbonized and 100% digitalized,” says Thierry Lepercq, executive vice president at ENGIE in charge of Research & Technology.
Michigan Public Service Commission (MPSC) has approved DTE Electric’s certificates of necessity filing to build a 1,100 Gigawatt gas-fired power station in St. Clair County at a cost of nearly $1 billion. Construction will now start in early 2019, DTE said, aiming to get the plant commissioned by 2022.
Goldman Sachs has issued one of the largest project bonds ever granted to Brazil for the CELSE’s 1.5 GW Porto de Sergipe I power plant project. GE is the EPC (Engineering Procurement and Construction) provider for the project, currently under construction. The 3.2 billion Brazilian Real ($925m) financing deal is the largest private investment ever made in the state of Sergipe.
Société Tunisienne de l’Élecriticité et du Gaz (STEG) has awarded the Italian turbine manufacturer Ansaldo Energia an EPC (Engineering, Procurement and Construction) contract for turnkey supply of a 625MW open-cycle gas turbine power station in Mornaguia, south west of Tunis. The deal also includes an LTSA (Long Term Service Agreement) contract for the facility.
Venturing into the Chinese distributed power generation market, Siemens is working with Aero Engine Corp of China (AECC) to supply two SGT-700 gas turbine units to a power station project run by Guangzhou Development Group (GDG) in Taiping Industrial Park, Guangzhou. The plant is scheduled to start operation in the second half of 2019.
The Government of Vietnam has approved plans by PetroVietnam Power Corp, or PV Power, to build two gas-fired power plants in southern Vietnam at an estimated cost of $1.5 billion. The Nhon Trach units 3 and 4, with a combined capacity of 1,500MW, are scheduled to start operation in 2020 and 2021.
Iran’s Thermal Power Plants Holding Co. (TPPH) is working on realizing plans for adding nearly 3,000MW of new power generation capacity to help meet the nation’s growing demand in the peak summer period. Two-thirds of the projected capacity is already in place, with the remaining 1GW to be started up and grid-synchronized before the summer demand hikes.
The Finish technology group Wärtsilä has signed a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to Mbour, Senegal, that is meant to lower the country’s energy cost and help integrate more renewable energy sources. The order for the Malicounda power project was placed by Lebanon-based Matelec Group, the contractor of the Independent Power Producer MPG (Melec Power Gen).
Siemens has received an order from Inter Pipeline Ltd to provide long-term service for two SGT-800 gas turbine generator sets in Canada. The units will operate at the Central Utilities Block (CUB), part of the company's Heartland Petrochemical Complex currently under construction near Fort Saskatchewan, Alberta.
Japanese utilities TEPCO and Chubu Electric, through their JERA joint venture, are planning to invest around $935 million on new power generation projects in the United States by 2030. JERA said it specifically targets to acquire stakes in gas-fired power units, as those are seen to become “increasingly price competitive.”
Bangladesh has become the first new LNG importing nation in 2018 with the arrival of Excelerate Energy’s FSRU Excellence at Moheshkhali Port on April 23, carrying a commissioning cargo from Qatar. “Bangladesh suffers from two crippling energy shortages: electricity and gas. This is the first step of a significant ramp up of LNG.” commented Wood Mackenzie's director of gas and LNG research, Nicholas Browne.
Spain’s TSO Enagas has posted a 1% rise in net profit at €103.9 million in the first quarter of 2018, as natural gas demand increase 5.2% in the first quarter and more than 7% for the year to date. Commenting on the result, Enagas said performance was “in line with the targets set for the year and is mainly due to meticulous control of operating and financial expenses, and the good performance of affiliates.”
Electricity supply for the United Kingdom has been covered entirely without coal for three days in a row – the longest coal-free period on record since the 1880s, according to National Grid data. The coal-free period started on Saturday morning and ended on Tuesday, whereby 33% of the UK’s electricity came from natural gas.
Assessing the “future of electricity,” the International Energy Agency (IEA) has convened a high-level workshop in Paris, bringing together decision makers and leading experts from around the world to provide strategic guidance on this topic – the “fuel” focus for the next World Energy Outlook (WEO). Electricity demand is set to grow at twice the rate of overall energy demand to 2040.
UK-based bolting solution provider Hydratight will provide Mitsubishi Hitachi Power Systems (MHPS) with a new multi-stud tensioning system, designed in cooperation with Yokohama Engineering Services. The system was launched following six month of close cooperation with MHPS, providing a tailored bolting solution for their 501J series gas turbine.