Footprint Power has signed a $200 million contract with GE to supply FlexEfficiency 60 technology for the re-powering of the 674MW Salem Harbor Station. The new gas-fired plant, scheduled to start-up in June 2016, is set to replace an aging coal- and oil fired facility at the same site on the Salem waterfront.
The U.S. Department of Energy (DOE) has announced plans to integrate a concentrating solar power (CSP) plant at the existing 500-megawatt (MW) Cosumnes gas-fired power plant in California with the aim to expand output by 10 MW. The project will be led by the Sacramento Municipal Utility District (SMUD) and is part of the DOE's strategy to build a diverse range of hybrid energy systems.
Clarke Energy has acquired GE's South African Jenbacher gas engines service business and Agaricus Trading, official sales representative of GE Jenbacher in the region in a bid to secure contracted service revenue expand its sub-Saharan sales beyond Nigeria and Tanzania.
A greater reliance on gas instead of coal as a fuel for power generation has helped to slowdown the increase in global carbon emissions to just 1.1% in 2012, a new report from the Dutch Environmental Assessment Agency (PBL) shows. The findings, published as part of the organisation's "2013 Trends In Global CO2 Emissions" report, call the slowdown "remarkable" and singled out the changing energy mix in China and the U.S. are key factors for declining emission levels.
A 75% reduction in recuperator and combustor sizes may cut the market price for microturbines by as much as 50% by 2015 if prototyping is successful in the coming year, according to Brayton Energy, developer for manufacturer ICR Turbine Engine Co (ICRTec).
The case for state-level capacity regulation in the U.S was weakened this week following a ruling by the U.S. District Court of Maryland, as it rejected previous legislation that would have subsidised the construction of new natural gas-fired power plants.
Ireland's Energy Supply Board (ESB) has declared its intention to sell two Irish power plants – Lough Ree Power and West Offaly Power – on top of ongoing divestments of Marchwood Power Ltd in the UK and Spain's Bizkaia Energia SA as it needs to pay €400 million to the Government by the end of 2014.
If Europe wants to avoid de-industrialisation, policy makers need to address the stark differential between energy prices in the EU and the US, warned Walter Bolz, director of E-Control Austria and vice-chair of Europe's Agency for the Co-operation of Energy Regulators (ACER).
US state support and investment for foreign coal-fired plants is set to be greatly reduced following new guidance issued by the treasury this week. Multilateral Development Banks (MDBs) are now required to ensure that all coal power projects in developing nations to feature costly CCS technology, and can only support new high efficiency coal capacity if there is no economically feasible alternative.
Japanese conglomerate Mitsui & Co has agreed to pay $1 billion to GDF Suez in a partnership deal to acquire a 20.6% stake in the Astoria I gas-fired plant (1,296 MW) in New York City.
Price signals determine the fuel mix of energy-hungry Asian markets and Dr. Fatih Birol, chief economist of the International Energy Agency (IEA) warned that coal, not US shale gas production and expanding US LNG exports will have the greatest impact on the region's power mix.
Peak spending on new installations and renovations of gas-fired power plants may be reached as soon as 2016, analysts forecast. "We expect the natural gas power generation market to peak in 2016 and then subside afterwards, before stabilising by the beginning of the next decade, as demand in the US and Japan declines." Riccardo Patrian, energy analyst at VisionGain Global told Gas to Power Journal.
Burgeoning economic growth in South Korea, spurs growth rates of 3.6% in electricity demand and a rising heat offtake. "Conditions for district heating and new CHP projects are excellent, due to a high population density in Korean metropolises and a climate with hot summers and cold winters," Lothar Balling, head of gas turbine power plant solutions at Siemens Energy told Gas to Power Journal.
Seeking to boost cement output to support Russian construction projects in connection with the Sochi 2014 Winter Olymics, the Verhnebakanskiy Cement Plant in Novorossiysk has turned to GE to expand its 44.3-MW onsite gas power plant by installing a 12th Jenbacher J624 gas engine.
The Beijing municipal government is fast-tracking its Clean Air Action Plan by announcing the closure of all coal-fired power plants by 2017, three years prior to the original schedule. Four major coal-fired plants are due to be replaced with less carbon-intensive gas power facilities already by 2015, in an effort to tackle the city's crippling air pollution crisis, though analysts warn a gas shortage could delay the coal-to-gas switch.