‘Producer economies’ in the Middle East need to look at a strategic calculation about where and how gas – often together with renewables – can bring the best value to the energy system. However, the International Energy Agency (IEA) says most Gulf States first need to adapt pricing policies to make it lucrative to produce gas as a commodity in its own right.
Advanced Airfoil Components, a JV of Siemens and Chromalloy Gas Turbine Corp, has just opened a new manufacturing headquarter in the Tampa Bay Area, Florida. The new HQ represents a capital investment of $139 million and will add 350 jobs, with recruitment set to start in early 2019.
Growing use of electric vehicles (EV) in the UK could increase peak power demand by 3.5 GW by 2030 and 18 GW by 2050, up from currently around 60 GW. Under the 'Consumer Power Scenario', National Grid anticipates EV sales to account for more than 90% of all cars by 2050.
A lifecycle upgrade enhances the equipment of a power plant to meet its original running parameters. With a combined cycle upgrade, more power can be produced with the same amount of fuel by applying waste heat recovery steam generators connected to common steam turbine generator sets. According to Wärtsilä Services Manager Markus Åbrant, this particular type of upgrade can trigger as much as 10% higher energy output.
Teething problems at three large gas power stations in Pakistan – Haveli, Bhikki and Balloki – have now been resolved and final pre-operational test will be carried out in the December-January period. An official from Pakistan LNG told Reuters that delays at the three plants had forced Pakistan to divert some shipments of contracted LNG cargoes.
Since the Trump administration threatened fresh sanctions against Iran, the oil-rich country has substantially scaled down its production and exports of crude oil and natural gas. In May 2018, the White House said it would withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reinstate sanctions against the regime in Teheran.
Progressive Energy, the energy arm of the ElcaTex Group, has awarded MAN Energy Solutions an EPC-contract to set up a combined-heat-and-power (CHP) plant. The 54.8 MW plant, powered by three MAN 18V51/60 engines, will produce electricity and process steam for a nearby textile factory in Choloma, Honduras.
The International Energy Agency (IEA) has called on Saudi Arabia, Russia, Iraq, the UEA, Nigeria and Venezuela to step up efforts to diversify their economies to be able to cope with volatility of shale gas supply, and uncertainties over the pace of demand growth. In its Outlook for Producer Economies, the IEA assesses how the world’s six resource-dependent economies might fare to 2040 under a variety of price and policy scenarios.
Development of practical fusion power plants has been slow-moving, but now researchers at the Massachusetts Institute of Technology (MIT) have found an innovative solution on how to get rid of excess heat that would cause structural damage to the plant. The new MIT-originated design features secondary magnets and an enlarged exhaust pipe.
Anticipating a speedy energy transition globally, the global classification society DVN GV says upstream players are adapting to this trend by shifting to faster, leaner and cleaner hydrocarbon production techniques. Oil and gas demand are forecast to peak in 2023 and 2034, respectively, prompting upstream players to favour a greater number of smaller reservoirs with shorter life-spans.
Japan’s Mitsubishi Electric has been selected to supply Electric Power Generation Enterprise (EPGE) in Myanmar with 46 gas-insulated switchgears (GIS), 7 transformers and others. The equipment will be delivered beginning next year for use at substations due to start operation in 2021.
Having just launched H2 solution, its new sequential hydrogen combustion system, Ansaldo Energia is now carrying out further tests with the aim of allowing gas turbines to run entire on renewable gas. “The latest H2 solution is already capable to work in an impressive load range, and with still unmatched hydrogen volume percentages,” the Italian manufacturer stated.
Flexible gas-fired “peaker” plants, together with energy storage, will be needed to bolster the intermittency of solar and wind power for years to come. Strikingly, Bloomberg New Energy Finance (BNEF) projects orders for new turbines to average nearly 60 Gigawatt a year – a stark contrast to more subdued views of Siemens and GE, which is bracing for a market of less than 30 GW of new heavy-duty gas turbine orders in 2019 and 2020.
Japan’s Toshiba Energy Systems & Solutions (ESS) has agreed with the National Electrification Administration (NEA) of the Philippines to jointly promote H2One – autonomous, hydrogen-based energy systems and the use of hydrogen as a fuel for power generation. In a study, both partners will evaluate the optimum system specifications in the Philippines, where half of the current energy supply is comes from coal-and oil-fired power stations.
Wärtsilä today reported a lower than expected quarterly profit due to a slowdown in services while order-intake in its power plant business remained stable. “Net sales developed well in the third quarter, thanks to the strong growth in newbuild marine and energy deliveries. This, in combination with slower development in transactional service volumes, is affecting the group sales mix and burdening profitability,” said Wärtsilä CEO Jaakko Eskola.