The U.S. private equity firm Starwood Energy Group has acquired the 309-MW combined cycle Garrison Energy Center in Delaware and the 503-MW RockGen Energy Center peaker facility in Wisconsin. Starwood Energy is part of Starwood Capital, funded by the American investor Barry Sternlicht.
Six partners – Ansaldo Thomassen, Delft University, OPRA Turbines, Vattenfall, Nouryon and EMMTEC – have been granted €500 million by the Dutch Government for research into ‘High Hydrogen Gas Turbine Retrofit to Eliminate Carbon Emissions’. The aim is to develop a CO2-free hydrogen value chain, in line with the EU Energy Roadmap 2050.
Lawmakers in the U.S. state of Colorado are debating a bill that proposes the Colorado Public Utilities Commission (PUC) should consider the ‘social cost of carbon emissions’ before issuing permits for new fossil power plants. The concept seeks to put a price on harms caused by emissions and, if enacted, the new carbon tax would be $46/ton of CO2 emitted, starting from 2020.
The Indian government may give way to utilities’ demands and allow power plants running on regasified liquefied natural gas (RLNG) to sell electricity into the higher-priced spot market, without having to adhere to their power purchase agreements. The proposed e-RLNG scheme will likely require fewer subsidies than in past years due to the fall in global oil prices.
Vietnam Electricity (EVN) has awarded GE’s energy consulting arm a contract to carry out a battery storage feasibility study, funded by the U.S. Trade and Development Agency (USTDA). State-owned EVN seeks to deploy energy storage throughout Vietnam to help meet an estimated 8% annual electricity load growth through 2035.
Chevron’s $33 billion takeover of Anadarko, one of the world’s largest independent oil companies, will boosts its lead in the Permian Shale, and grow its midstream and LNG export business. Chevron CEO, Michael Wirth commented: “The transaction underscores our commitment to short-cycle, higher-return investments.”
General Electric has installed its first DLN1.0+ Ultra Low NOx combustion upgrade globally at nine GE 9E gas turbines at five power stations in Shenzen Province, China. The upgrade reduces NOx emissions from about 25ppm to about 7.5ppm, in line with the Shenzhen government’s ‘Blue Sky’ campaign.
Working natural gas in storage in the Lower 48 United States ended the heating season on March 31 at 1,137 billion cubic feet (Bcf) – the lowest level since 2014. The 2018–19 heating season was characterized by periods of significantly colder-than-normal temperatures, particularly in the Upper Midwest, the EIA said in its latest Weekly Natural Gas Storage Report.
Hokkaido Electric Power Co (HEPCO) has put its first LNG-fuelled power plant into full commercial operation. The 569-MW Ishikariwan-Shinko Unit 1, a combined-cycle plant, is powered by a GE 9HA gas turbine and a Toshiba steam turbine.
A Texan industrial gas company has contracted Siemens to supply three Dresser-Rand 5HHE-VL-3NL reciprocating compressors for a large steam methane reformer (SMR). Once operational as planned in 2021, the unit will be the largest high-purity hydrogen production unit in the United States.
Demand for natural gas in the U.S. power sector keeps rising as the number of combined-cycle gas turbine (CCGT) power plants has overtaken coal-fired plants, making the power sector compete for fuel with LNG export projects. Thankfully, the production of U.S. dry gas is going from strength to strength.
Envision, whose AIoT Operating System EnOS manages 100 GW of energy assets globally, has signed a Memorandum of Understanding (MoU) help Thailand’s integrated energy company PTT with its digital transformation to make better use of distributed new energy sources.
Just prior to the first meeting of Germany’s newly installed ‘climate cabinet’ this week, Finance Minister Olaf Scholz has tabled his vision of the country’s energy transition. In his ‘Energy Concept 2038’, Scholz urges the government to show “more commitment for climate action” and focus on electricity supply and grid stability.
The U.S. Energy Information Administration (EIA) expects natural gas prices at the benchmark Henry Hub will to fall to an average $2.82/MMBtu this year, and decline further in 2020. The bearish sentiment is caused by a continuous rise in U.S. dry gas production, forecast to expand by 7.6 billion cubic feet per day (Bcf/d) this year to reach around 91.0 Bcf/d.
Braskem, the largest petrochemical company in Latin America, has contracted Siemens to upgrade a cogeneration power and steam plant at its ABC Petrochemical Complex in Sao Paulo, Brazil. The two SGT-600 turbines, deployed at the project, will feature third-generation dry low emissions (DLE) technology and run on residue gas with high concentrations of hydrogen. Completion of the project due in early 2021.