Pacific Gas and Electric Company (PG&E) has re-configured its 163 MW Humboldt Bay Generating Station to provide electricity for Public Safety Power Shutoff (PSPS) events. Part of HBGS’ capacity hereby gets separated from regular grid dispatch for use exclusively to re-energise towns in northern California in the event of a blackout.
Energy markets across Europe have largely recovered from the demand shock and drop in power price, caused by coronavirus lockdowns. After 2023 demand will be “hardly affected by the pandemic,” analyst say, except for coal which stays uneconomic due to a massive gas supply overhang.
Edge Gathering Virtual Pipelines 2, better known as Edge LNG, has been selected by EXCO Resources to capture and liquefy gas from a stranded well in the Marcellus Shale. The gas is being trucked to electric utility customers in the Northeast (NE) of the United States.
The public regulator in Massachusetts investigates whether the Boston Everett LNG import terminal might have to close, given that the U.S. northeastern state wants to phase out all fossil power stations. Burning imported LNG so far helps keep the lights on in Boston during the winter season.
Texas-based SparkCognition is working with Siemens on a cybersecurity system that leverages artificial intelligence (AI) to protect endpoint, or remotely operating assets in the power generation and oil and gas sector. Digitalization of control systems helps link and protect distributed genset fleets.
China’s southern province of Guandong is considering cutting electricity rates that gas-fired generators can charge from their customers by 5-12%. If enacted, this rate cut risks derailing a wider policy target of boosting gas generation to 35 GW installed capacity.
China National Technical Import & Export Corp. (CNTIC), together with VPower Group, has welcomed an inaugural cargo at the new-built jetty adjacent to their Thanlyin gas power plant (350 MW). Petronas ultimately delivered the cargo directly to the FSU – and not to Myanmar’s land-based Yagon LNG terminal.
Germany’s long-delayed national hydrogen strategy has been approved, with the government placing a large bet on hydrogen made with renewable energies, the so-called green hydrogen. The policy permits, however, the use of grey hydrogen made from natural gas using carbon capture storage (CCS) “on a transitional basis.”
Siemens Gas and Power, in consortium with Terna, has been awarded a turnkey EPC contract by Ariadne Interconnection to build a high-voltage direct-current (HVDC) link from Crete to the Greek mainland. Commissioning of the 1,000 MW power link is scheduled for mid-2023.
U.S government forecasts see Henry Hub natural gas spot prices stage a swift recovery. In May 2020, prices fell to $1.75/MMBt as lockdowns depressed demand, but subsequent steep cuts in production and rising demand in winter are set to push up prices to $3.08/MMBtu by early 2021.
The world’s largest green hydrogen plant is being developed by SGH2 Energy in Lancaster, a city situated some 70 miles north of Los Angeles. Scheduled to start operations in 2021, the facility will transform plastic waste into hydrogen for use as a fuel for transport and power generation.
Wholesale power prices in Germany have fallen to record lows in the wake of the coronavirus pandemic. About 5,000 onshore wind turbines with 3.7 Gigawatt combined capacity are at risk of being taken offline next year when their support from Germany’s renewable surcharge (EEG levy) runs out, prompting calls to extend the scheme.