Glow Group - GDF Suez has claimed significant success in efforts at achieving gas turbine performance optimization at its plant in Thailand near Bangkok. Somgiat Dekrajangpetch, Vice-President, Asset Optimisation attributed the success to getting it right on three vital counts - selecting the model for each unit, careful compilation of data and proper evaluation of the results.
Hong Kong is running out of natural gas and is looking to augment its supply sources, Maggie Go, Business Engineer at Hong Kong power utility CLP said in Singapore today. "Demand for natural gas in power generation - a cleaner and more environmentally friendly alternative to coal - is burgeoning," Go told delegates at IBC Asia's 6th annual Gas Turbines Conference.
Italy's Enel and Duferco, an iron and steel producer, are close to start operations of a 415-MW gas-fired power plant in the Belgian region of Wallonia. "The plant is currently in its commissioning stage and we are planning to start operations shortly," Matteo de Zan, head of Enel's industrial development, generation and energy management division told 'Gas-to-Power Journal'.
Manila Electric Company (MERALCO), the major electricity supplier in the Philippines, said it will enter a partnership with a Japanese utility to realise the first gas-fired power plant project in the Philippines in more than 10 years. Operational start of the new 1,500-MW gas-fired plant, due to build on Luzon island, is scheduled for completion in late 2016. MERALCO declined to reveal the name of its Japanese partner as it has not yet completed the feasibility study for the plant.
The dynamics of European energy prices are intertwined with those relative to the Euro area debt crisis. "As long as markets do not perceive a real turning point, there will continue to be a lot of volatility and – at times – some lack of strong direction coming from the fundamentals," the French investment bank Société Générale forecasts.
General Electric (GE) has shipped 12 LM6000-PC Sprint™ aeroderivative gas turbine-generators to the Dorad Energy power plant in Ashkelon, Israel, to fulfil part of its US$200 million contract with Wood Group GTS. GE said today it expects the 50-megawatt unit to start commercial operation in the second half of 2013.
Pöyry's Energy business group has been awarded an engineering contract by UMP Schongau paper mill for a projected combined cycle power plant (CCPP). The order has been booked in the first quarter order book, Pöyry's Energy said today.
The subsidy criteria for new power plants without CCS-readiness are "very restrictive", the German energy industry association (BDEW) criticises. New EU rules have "effectively stopped plans of the Germany government to sponsor new efficient plants," BDEW head Hildegard Müller said.
Further hesitation or reluctance to undertake much-needed investment in new power generation capacity could threaten Britain's energy security. "Our priority is to rebuilt the power sector. To put it bluntly, we need twice as much investment every year of this decade, as in the last decade," the UK energy minister Charles Hendry said.
Turkey is close to importing natural gas from Iraq's autonomous Kurdish region with the buyer understood to have earmarked some of the volumes for gas-to-power generation. A deal could be struck soon: "A buyer is out there, right next door to Iraq," said Ibrahim Palaz, general manager of Botas International.
The European Bank for Reconstruction and Development (EBRD) will take a decision on whether to provide a senior loan of up to US$ 200 million for the proposed Kirikkale combined-cycle gas turbine (CCGT) power plant in the autumn of this year.
Users of electricity storage facilities can take advantage of daily variations of the electricity prices to reduce their overall energy costs. The EIA is supporting the use of electricity storage technology as a step towards a more efficient utilisation of electricity.
General Electric (GE) has been selected to supply two LM6000 aeroderivative gas turbines for the ALPEK Cogeneration project at its subsidiary Petrotemex's site in Cosoleacaque, Veracruz, Mexico. GE said the plant is slated to start commercial operations in the first quarter of 2014.
As the UK government is searching for a cheap and quick fix to avert a looming gap in power generation capacity, new gas-fired power plants are likely to emerge as the preferred solution, investment bank JP Morgan said today.
The introduction of a capacity payment market is needed to stop German utilities from closing gas-fired power plants due to low profitability, according to the head of the German energy agency Dena, Stephan Kohler.