National Grid has started the construction phase of the 1.4 GW Viking Link – the world’s longest interconnector stretching over 2.4km between the UK and Denmark. Works in Lincolnshire began this week, with Siemens Energy building the converter stations on both sides of the link.
Coal is no longer a favourite fuel in Japan’s new energy policy which stipulates to mothball or retire up to 100 inefficient coal-fired power plants by 2030. Analysts say this will shift Japan’s energy mix towards nuclear and gas, creating upside for LNG imports.
TROIL Vegas Altas, an olive oil treatment plant in Valdetorres, Spain, has contracted Cummins to install a QSK60G lean burn gas generator. The genset offers 1540kW of continuous power supply, with operations stabilised by a Cummins PC3.3 controller incorporated within the generator.
The Finish technology group Wärtsilä will supply a flexible baseload 200 MW power plant to a country in the Northern Andes. The customer signed the contract in June and commercial operation of the plant, powered by 11 Wärtsilä 50SG, is due to start at the end of 2021.
Though U.S. rig counts decline and dry gas production fell by 0.3% in recent weeks, overall gas supply is up 0.6%, largely due to rising output at Marcellus Shale. Gas-burn in the power sector is the only let-out for excess supplies, with rock-bottom prices accelerating coal-to-gas switching.
The global gas turbine market will grow by $2.44 billion, or 2%, over the next four years, according to Technavio research. The market is fragmented and sales badly hit by the coronavirus crisis, but analysts say the degree of fragmentation will accelerate in the years through to 2024.
German Energy Agency dena has advised the Government to support households by lowering the renewable surcharge they pay with their power bills, also known as the EEG levy, to zero by 2021. The resulting lower electricity prices would help stimulate private consumption.
Denmark’s decision to allow Gazprom to build Nord Stream-2’s final stretch with Russian pipe-laying vessels means the controversial interconnector will become a reality. Fresh U.S. sanctions “cannot stop the project now” analyst say, as the permit makes works “cheaper and easier” for Gazprom.
Shell says its REFHYNE hydrogen electrolyser project, based on proton exchange membrane (PEM) technology, will be supported by the European Commission’s new hydrogen strategy. The policy sets out pathways how clean hydrogen can help the EU reach is 2050 net-zero emissions target.
Shanghai Electric, in consortium with Ansaldo Energia, has been contracted by North West Power Generation to design and build a combined-cycle gas power plant in Rupsha, western Bangladesh. The 880 MW plant will be powered by two GT26 gas turbines, manufactured by Ansaldo in Genoa.
Rolls-Royce’s power systems arm, hit hard by Covid-19 disruptions, has today posted a double-digit decline in revenue. Long-term, the outlook for sustainable power “remains positive,” Rolls-Royce's H1-2020 trading update reads. CEO Warren East stressed “as for Power Systems, many of our impacted end markets are forecast to recover by the end of 2021."
The UK energy industry has welcomed the £3 billion green energy stimulus package, unveiled by UK Chancellor Rishi Sunak as part of a wider strategy to revive the economy from the impact of the coronavirus. Grants to insulate homes, improve energy efficiency and retrofit green heating technology are seen as “critical” for the UK’s overall 2050 net-zero emission targets.