Natural gas is set to become a 'high-carbon fuel' after 2025, as the perception of gas generation changes over time among EU member states. "In the short-term, we need gas to keep the lights on," but analysts stressed "Carbon Capture Storage (CCS) will need to kick off after 2025."
For new gas pipelines, timing is everything. This especially applies to the new 38 Bcm/y ‘Power of Siberia (PoS)’ link that will elevate China to become Gazprom’s second largest export market. However, analysts say considering the cost of transporting Russian pipeline gas over thousands of miles towards Beijing and Shanghai, it is unlikely that CNPC will want to quickly ramp up PoS gas supply at the expense of imported LNG.
Aggreko is fast-tracking the delivery of a gas-battery hybrid power solution to the largest steel manufacturing and processing and in the United Arab Emirates (UAE). The 24 MW hybrid unit will deliver a 49 percent cost saving for the mill operator, United Steel Industries Fujairah.
Finnish equipment manufacturer Wärtsilä has commissioned the first ever utility-scale gas engine project in Papua New Guinea. Situated Port Moresby, the capital city, the 58 MW gas-fired power unit will enhance local electricity supply and ensure grid stability.
‘Wider Access’ – the latest project launched by National Grid ESO to increase accessibility to the UK balancing mechanism – is already attracting new market entrants. Aggregated power units, notably hybrid and battery-based units, are increasingly being dispatched in this regulated market, providing the grid operator with much-needed flexibly.
Dominion Energy has applied for an air permit, one of the final regulatory warrants required to realize a $600 million gas-fired peaking power plant in Chesterfield County near Dutch Gap conservation area, Virginia. The four proposed open-cycle gas turbine (OCGT) power units would be built by spring 2023, and only dispatched at times of high demand.
Sales of electric vehicles in Germany have jumped 49 percent, with over 97,000 electric cars sold in the months up to December. Consumers increasingly embrace e-cars – not least as a means to shield against Berlin’s latest hike of the entry-level price for CO2 emissions in the transport sector, which has just been raised to 25 Euros per tonne from 2021.
While global climate talks in Madrid ended with lackluster results, German lawmakers agreed to raise the entry-level price for CO2 emissions from the buildings and transport sector from 10 Euros to 25 Euros starting from 2021. Thereafter, it will rise to 55 Euros by 2025, with state revenues to be used to lower the renewables levy on consumers' electricity bills.
Southern California Gas Company’s (SoCalGas) has managed to improve its gas supply flexibility going into December, just before demand will peak in the latter half of the month. Working gas inventory currently stands at 74.4 billion cubic feet (Bcf), and though that’s similar to last winter SoCalGas stressed it enhanced withdrawal volumes and speed from its large Aliso Canyon storage.
Aggreko has placed the first order for Wärtsilä’s new ‘Modular Block’ power gen solution. Four Modular Blocks, equipped with one Wärtsilä 32 engine each, will be supplied to provide 40 MW of onsite power to Resolute Mining’s Syama gold mine, situtated in a remote off-grid location in Mali.
Researchers at GE, working together with Baker Hughes, Intel and the Florida State University, have developed ‘Digital Ghost’ – a new tool designed to allow critical energy infrastructure like natural gas pipelines to operate safely during a cyber-attack. The $5.2 million program is partly funded by the U.S. Department of Energy (DoE).
With the opening of the ‘Power of Siberia’ interconnector, Russia’s Gazprom has shifted its focus on its new Chinese offtaker CNPC who agreed to import 38 Bcm annually over the next 30 years under a deal worth some $400 billion. As for 2019, Gazprom says Chinese gas demand will rise 10 percent and “considerably exceed 300 billion cubic meters (Bcm).”
Competitive Power Ventures (CPV) and Osaka Gas have fast-tracked the start up of the $1 billion CPV Fairview Energy Center near Johnstown, Pennsylvania. CPV said thanks to “outstanding team effort” of construction contractor Kiewit and equipment supplier GE, the 1,050 MW plant is now “fully operational on budget and significantly ahead of schedule.”
Los Angeles Department of Water and Power (LADWP), a municipal utility, has confirmed plans to convert its Intermountain Power Plant in Utah from coal to natural gas, and then to 100 percent hydrogen. Right from the start of the new 840 MW gas power unit in 2025, hydrogen will fuel 30% of its operation and the ratio will be increased to full hydrogen fuelling by 2045.
MAN Energy Solutions has been delivering ten 20V35/44G gas engines with a combined capacity of over 100 MW to Bolivia. The engines will supply electricity for steel works at the El Mutún iron ore mine, operated by Tenova’s HYL division together with Sinosteel on the border with Brazil.