Australian-listed LNG Ltd, developer of the Magnolia LNG project in Louisiana, is striving to sign a full sales and purchase agreement (SPA) with Delta Offshore Energy. The first LNG cargo could set sail to the Mekong Delta in May, or early June 2020, for use in an integrated 3.2 GW combined-cycle power plant.
Germany’s renewable energy levy (EEG surcharge) that consumers pay with their electricity bills will rise up by 5% to 6.756 cents per kilowatt hour (ct/kWh) in 2020. It could be the surcharge’s last increase as the government promised to reduce the levy and other taxes on power prices from 2021.
Siemens has expanded Bolivia’s three largest thermal power plants to efficient combined-cycle mode, adding a total of 1 gigawatt (GW) of electric power output to the Bolivian grid. The three CCGTs, operated by Ende Andina, were commissioned within a few weeks in August and September.
Q Power, a Finnish pioneer in biomethanisation, has started to work with Wärtsila to develop and commercialise renewable and synthetic fuels. Q Power’s patented concept produces biomethane by taking CO2 from the air and combining it with hydrogen.
In California, energy storage is becoming a viable alternative to peakload gas power units. Pacific Gas & Electric (PG&E) is developing utility-scale storage with a combined capacity of 567.5 MW and 4-hour duration, aiming to replace three gas-fired power plants.
MAN Energy Solutions is supplying two 9L51/60 engines for a new power plant in Gambia, build on behalf of the local utility NAWEC. Situated in Brikama, the plant will produce 18 MW of electrical output, adding 20% to the installed capacity of the West African country.
New offshore wind parks have pushed the share of renewables in the UK past that of fossil fuel power plants over the past three month – a first for the country. Wind farms, solar panels, biomass and hydropower produced a total of 29.5 terawatt hours (TWh) of electricity in Q3-2019 – slightly more than the 29.1 TWh generated from coal, gas and oil.
Rampant US gas supply has been outpacing demand growth for the past year, slashing prices in Europe and Asia. Some US exporters are considering shutting in production as record low gas prices at the Dutch TTF hub challenge the profitability of liquefying and shipping gas to Europe.
Sempra Energy is getting close to offloading its interest in a second South American power company to a Chinese state firm. State Grid Corporation of China is understood to be willing to pay nearly $3 billion to acquire Sempra’s interests in Chilquinta Energía and Tecnored SA of Chile.
Hong Kong-listed VPower Group, together with Myanmar’s Zeya Associates, has been awarded four of the five emergency power projects tendered by the energy ministry. Three power projects, with a combined capacity of 900 MW, will run on imported LNG.
Pacific Gas & Electric has been cutting off electricity supply to almost 800,000 customers across California to minimize the risk of wild fire. PG&E’s transmission lines have been linked to recent wildfires, and the utility has told those affected they may be without electricity for up to five days.
Super storm Hagibis made landfall Japan on Saturday, paralyzing the capital and causing landslides and floods. The typhoon unearthed power pylons, leaving nearly half a million home without power and exposing once again exposed the vulnerability of Tepco’s ageing transmission infrastructure.
At times of negative power prices in Germany, when production exceeds demand, only a small fraction of conventional power plants would need to keep running, the energy regulator BNetzA found. To reduce costly oversupply, utilities are advised to invest in flexibility and energy storage.
Utilities, particularly in China and Europe, are retrofitting their gas turbine with combustor enhancements to make assets more cost-effective. To support this market, Ansaldo Energia affiliate PSM developed a Low Emission Combustor (LEC-III) and new FlameSheet combustor retrofit for B, E and F-class gas turbines.
Sun-soaked Egypt will soon finalize its first utility-scale solar PV power plant, the 1.8 GW Benban Solar Park. The government targets to add 3.5 GW of solar PV by 2027, whereby the cheap but inherently intermittent solar energy is backed up by three new 4.8 GW combined-cycle power plants.