Gazprom has entered negotiations with E.ON on a special pricing mechanism for gas used for power generation, which prompted Societe Generale to forecast that the majority of gas in Europe will not be priced under an oil-linked formula as of 2014e.
Swiss power and automation technology group ABB has won two orders to help Swedish iron ore producer Northland Resources operate its new concentrator plant at the highest levels of energy efficiency. "The extremely tight schedule makes this project unique," ABB said with reference to production start-up planned as early as November 2012.
Wartsila India has launched a Remote Monitoring Station in the southern Indian city of Chennai. The new station will ensure real time monitoring of power plants by Wartsila personnel in Chennai, backed by technical support from Wartsila Condition Based Maintenance (CBI) Centre in Finland. Wartsila expects the plant monitoring will save maintenance costs and improve their operational reliability.
Wood Group GTS, an independent provider of rotating equipment services, has won a $1 million contract to effectuate a combustion inspection on a GE Frame 7EA dual fuel gas turbine at a power plant located in Kansas, U.S.
Gas-based smart generation power plants are crucial to help beat the continued high level of peaking shortages in India. “Capital-intensive thermal plants should be used for operating baseload and gas-based smart generation plants should be deployed for meeting peak deficit,” suggests Rakesh Sarin, Managing Director, Wartsila India. “This is possible only if a peak tariff mechanism is evolved first,” he told Gas to Power Journal’ in an interview.
GE has shipped two Frame 9FA gas turbines and associated generators to Pakistan for installation at the country's largest projected combined-cycle power plant (750MW) in Guddu. Installation of the turbines is scheduled to be completed by September 2012, with full plant commercial operation expected by mid-2013, GE confirmed.
Mass Global Investment Company, an Iraqi independent power producer, has selected GE to effectuate a combined-cycle gas turbines (CCGT) conversion of the Erbil power plant with a view to increasing capacity by 500 MW to 1,500 MW.
Swiss engineering group ABB has won orders worth around $55 million from the Canadian utility BC Hydro to supply flexible alternating current transmission systems (FACTS) solutions to help increase grid transmission capacity.
Siemens together with the local contractor Alfanar has commissioned the first two of its SGT6-2000E gas turbine units at the Hail-2 Extension-III power plant on behalf of Saudi Electricity Company (SEC).
"The Hail-2 Extension-III project is expected to contribute significantly to the infrastructure development of the Hail region," said Siemens CEO of Saudi Arabia, Arja Talakar.
Decentralised energy storage can play an important role within the context of tomorrow's smart grid, next to demand response by means of flexible power generation, an Eurelectric report finds.
Swiss engineering group ABB has won orders worth around $120 million from KAR Construction and Engineering Company Ltd. to design and build a gas-fired power plant and construct two 400/132 kilovolts (kV) high-voltage substations that will supply electricity to the Kurdistan region of Northern Iraq. The project is scheduled for completion by the end of 2013.
The introduction of a carbon floor price under Britain's Electricity Market Reform (EMR) is estimated to make natural gas catch-up with coal in terms of profitability. "Using our forward-price assumption for coal, gas-fired generation and coal-fired generation are very nearly on equal footing in the April 2015 timeframe in the UK," Deutsche Bank forecast today.
German utility E.ON raised its 2012 earnings outlook on Tuesday after settling a fierce and lengthy dispute with Gazprom, Russia's gas export monopoly, over pricing conditions of long-term gas import contracts.
Huaneng Power International (HPI) today announced it has received the regulatory green light for its Huaneng Tongxiang gas-fired cogeneration project. Construction of the plant, in which it owns a 95% interest, was approved by Zhejiang Provincial Development and Reform Commission.
General Electric (GE) has launched the PowerXpand Portfolio as an integrated power solution to provide flexible and rapid power supply. The scalable product bundles GE's TM2500 and TM2500+ mobile aeroderivative gas turbine generator sets, the Jenbacher J320 containerized gas engine generator set and the V250/V228 diesel engine generator sets.