Austria-based INNIO, the maker of Jenbacher gas engines, and Clarke Energy have agreed to extend the latter’s distribution territory to Indonesia, focusing on Independent Power Producers (IPP) and Merchant Power Producers (MPP). From 2022, Clarke can offer Jenbacher gas engines with a “Ready for H2” option that can be converted to run fully on hydrogen.
Wärtsilä and Gabon Power Company (GPC) have signed a concession agreement with the Government to develop, supply, build and operate a 120 MW gas power plant at Owendo. The Finish manufacturer will build the plant under a full EPC contract and run it for 15 years starting from 2022.
New Fortress Energy (NFE) has chartered the floating storage and regasification unit (FRSU) ‘Höegh Gallant’ from New York-listed Höegh LNG Partners for a period of 10 years from the fourth quarter of 2021. The FSRU will be deployed to Jamaica, where NFE owns and operates an LNG regas terminal with adjacent gas-fired power plant.
A tight-fought general election in Germany has resulted in a thin victory for the Social Democrats while the long-ruling Conservatives suffered a historic loss. Both parties now strive to form a coalition with the Green Party, which recorded its best result ever and the pro-business Free Democrats. A hot topic of the novelty three-party government will be the energy transition and climate change.
The cost of shielding customers of failing UK energy providers could lead to a substantial rise in power and gas bills, energy regulator Ofgem warns. The Government is preparing to offer loans to larger utilities to make them take on stranded customers from bankrupt firms like Bulb, Arvro and Octopus.
German state secretary for environment, Jochen Flasbarth, has urged wealthy nations to do more on climate finance and proposed a plan to mobilise $100 billion per year between 2020 and 2025 for “climate action” projects in developing countries. The plan is meant to be finalised prior to the UN climate change conference COP26 in Glasgow in November.
US energy firm New Fortress Energy (NFE) has signed an agreement to invest in Sri Lanka’s first integrated LNG-to-power project. NFE confirmed it will take a stake in West Coast Power (WCP), the owner of a 310 MW Yugadanavi power plant in the Sri Lankan capital Colombo and developer of a nearby LNG regas terminal.
Jenbach-based INNIO has published its inaugural Sustainability Report, outlining its environmental, social, and governance (ESG) performance in 2020. In focus are digitalization and hydrogen technologies, as showcased in INNIO’s recently commissioned first engine in the 1 MW-range that runs on a variety of hydrogen-natural gas mixtures, or on 100% green hydrogen.
Surging energy prices in Germany are hitting industry and household customers, but the economy ministry does not intend to intervene at this point. Nord Stream 2 will bring some respite, though the start-up date of the Russian gas interconnector has been pushed back from October to the end of 2021.
Siemens Energy and consortium partner Sumitomo Electric have signed a contract with Greenlink Interconnector to deliver high-voltage direct current (HVDC) converters for the 190km UK-Ireland interconnector. Works for the bi-directional 500 MW power link will begin at the start of 2020.
Fast-rising gas prices at the UK National Balancing Point (NBP) are causing a wave of bankruptcies. Bulb, Britain's sixth largest energy company, is seeking a bailout and Government promised to intervene by offering state-backed loans to surviving energy firms to ensure stable supply to end-customers this winter.
Traded natural gas prices at Europe’s main hubs, the British NBP and the Dutch TTF, have reached record levels. The UK NBP price for the end of the summer season has risen more than four-fold in six months to the equivalent of $25.95 per million British termal units (MMBtu) on September 21, while TTF prices soared to the equivalent of $25.80 per MMBtu the same day.
Virginia-based AES has acquired the remaining half of its LNG-fuelled power station in Panama from Inversiones Bahia. The purchase of a 49.9% stake in AES Colón gives the American multi-national utility full control over the 381 MW combined-cycle gas power unit and the adjacent LNG regas terminal with 180,000 cbm storage at the Atlantic seaport town.
MAN Energy Solutions is forging ahead with installing the world’s first ETES (Electro-Thermal Energy Storage) heat-pump for multi-utility company, DIN Forsyning. Once completed, the power plant will supply climate-neutral district heating to 25,000 households in the Danish port town of Esbjerg.
News in Brief
CCUS market to reach nearly $3bn in 2025
Oct 25 – The global carbon capture, utilization, and storage (CCUS) market will grow from $1.30 billion in 2020 to $1.46 billion in 2021, according to ResearchAndMarket estimates. The rebound comes as companies return to normal operations and sales, after a pandemic-related slowdown. Analysts expect the market will keep growing at a rate of nearly 20% annually to reach $2.97 billion by 2025.
SDG&E accelerates drive towards Net Zero by 2045
Oct 20 – San Diego Gas & Electric Company (SDG&E) has set a new sustainability strategy, outlining new and accelerated goals to help meet its pledge to reach net zero greenhouse gas (GHG) emissions by 2045. SDG&E it now seeks to operate a 100% zero emissions vehicle fleet by 2035 – five years earlier than planned.
B&W develops biomass-to-hydrogen plant in Australia
Oct 19 – B&W's Renewable segment and Port Anthony Renewables Ltd have started to develop a biomass-to-hydrogen energy project in Victoria, Australia, based on B&W’s BrightLoop technology. When completed, the plant is expected to be part of the largest green hydrogen hub in south-eastern Australia.
LNG prices rise faster than oil
Oct 18 – Liquefied natural gas and pipeline supplies have experienced an even sharper increase in prices in 2021 than oil, driven by a combination of circumstances that included a strong recovery in demand in North Asia, southeast Asia and Europe, unseasonal weather and planned and unplanned capacity outages.
Wärtsilä shaft gensets to power two LNG carriers
Oct 14 – The Finish technology group Wärtsilä has been awarded a contract to supply four shaft generators to provide electricity take-off from the main engines of two LNG carriers. The ships are being built at the Hyundai Heavy Industries (HHI) shipyard in Korea on behalf of the Capital Gas Ship Management of Greece.
VoltH2 gets green light for large hydrogen plant
Oct 13 – Vision Hydrogen Corp has announced that its affiliate VoltHe has received building and environmental permits to realise its first large-scale hydrogen plant at the Dutch North Sea Port of Vlissingen. The 5 MW hydrogen plant is located near existing high voltage power and gas infrastructure as well as large wind power assets. Once operational, it will produce around 3,500 tons of green hydrogen per year and will be scalable to 100 MW or 14,000 tons.
Tesla overtakes German e-cars
Oct 12 – Sales of Tesla in Germany has overtaken that of leading German carmakers. In September, more electric Tesla Model 3s were registered in the country than leading domestic models, such as the BMW 3 Series, Audi A4 and Mercedes C-Class combined.
EnerMech spends £500k on crane training tech
Oct 11 – EnerMech has invested £500,000 in new crane simulator training systems at its Luanda (Angola), Doha (Qatar) and Great Yarmouth (UK) facilities. The British company recently formed a joint venture with 3t Energy Group to bring the KraneSIM-6000 equipment to both Qatar and Angola and offer in-country training across client organisations globally.
Germany finances green hydrogen projects abroad
Oct 8 – The German government has agreed to support green hydrogen projects in other countries with up to €350 million by 2024, the economy ministry said when publishing a directive with relevant guidelines. Moreover, financial support is given to projects that produce and process green hydrogen for storage, transport and use in countries outside the EU through investment grants worth up to €15 million each.
UK e-car sales surge 186%
Oct 6 – Sales electric cars in the UK have surged 186% to a total of 108,000 in 2020 during the pandemic, up from just 38,000 in the previous year. Latest statistics show there were nearly 300,000 pure-electric cars on UK roads at the end of August 2021, and more than 600,000 plug-in models if including plug-in hybrids (PHEVs).
FogHorn deploys AI software at Chugoku Electric Power in Japan
Oct 4 – FogHorn, developer of Edge AI software, has deployed its Internet of Things (IoT) software at the Chugoku Electric Power hydroelectric power plant. The AI solutions will make the power gen process more efficient and enhances workplace safety. Chugoku Electric Power employs nearly 9,200 workers across 114 power units in the western part of Honshū, the largest island of Japan.
Rolls-Royce supplies MTU engines for ferry propulsion
Oct 1 – Rolls-Royce's new MT engines, automation system, and MTU Go! tool for remote service have future-proofed the high-speed catamaran Avemar Dos, run by the Spanish operator Balearia. Four MTU 20V1163 M84 units replaced the previous 1163 units, taking the vessel to a "new level of ecological soundness," the manufacturer says.
GES appoints former Puma Energy Chairman as NED
Sept 30 – Global Energy Storage (GES) has appointed the former Puma Energy Chairman, Graham Sharp, as an NED. Graham will support GES on its ‘new energies’ strategy for the energy transition, focusing on hydrogen fuels and hydrogen carriers space.
Aggreko reaches 2 GW of live power gen capacity
Sept 29 – Aggreko has today announced it has reached 2GW of live global gas power capacity and growth in flare gas to power and stranded gas projects. This new record follows a milestone of exceeding 1GW of delivered flare gas power projects in 2020.
Wärtislä renews O&M agreement with Lafarge Africa
Sept 28 – The Finish technology group Wärtsilä has renewed a long-term Operation & Maintenance (O&M) agreement with Lafarge Africa, a large producer of building materials in Nigeria. The agreement covers the 100 MW Lafarge Ewekoro power plant, which provides a dedicated supply of electricity to the company’s concrete and cement manufacturing processes.
Rolls-Royce supplies MTU engines to Sanlorenzo
Sept 27 – Rolls-Royce business unit Power Systems will become one of the leading engine suppliers for Sanlorenzo, delivering MTU 10V, 12V and 16V 2000 yacht engines with a compact IMO 3 solution. A framework contract from 2022 through 2024 has been signed at the Monaco Yacht Show.
Shell exits Permian Basin
Sept 24 – Royal Dutch Shell has sold all its upstream interested in US Permian Basin to ConocoPhillips for $9.5 billion in cash. Shell’s assets in the Permian include around 225,000 net acres with a current production of around 175,000 barrels per day equivalent.
