Investments in carbon capture storage (CCS) for new-built and operational power plants has a softening effect the carbon price - albeit not a big one, Energy Brainpool's chief analyst Tobias Federico said. Gas-fired power plants are allowed to operate without CCS until 2045 in the U.K., the Department of Energy and Climate Change (DECC) confirmed.
To launch capacity payment schemes at a national level in EU countries makes "no sense", said Philip Lowe, Director General for DG Energy in the European Commission. Only pan-European mechanisms could make sense and would support investment in new gas-fired plants, he said at Eurelectric's annual conference in Malta on Tuesday.
As renewable, intermittent wind and solar energy replaces traditional base load coal-fired and nuclear energy in Europe, the need for substantial sources of cost-effective backup power will be great, forecasts Eleazar Rodriguez, Director of Sales for Spain, Portugal and Latin America at Pratt & Whitney Power Systems.
The European electricity industry stands by its commitment to achieve carbon neutrality by 2050, but struggles with investors' lack of confidence and the low carbon price, delegates learned at Eurelectric's Annual Conference. E.ON CEO Johannes Teyssen, however, criticized the preferential treatment of renewable energies, which widely profited from generation subsidy schemes across Europe, causing market distortion.
Alstom, the French turbine manufacturer, has launched turbine shaft welding shop at its turbine factory in Elbląg, Poland. "This is the biggest investment made by Alstom Power in Poland this year," the Levallois-Perret-based company said without revealing the exact capital expenditure.
Mitsubishi Heavy Industries (MHI) has been contracted to perform the Front-End Engineering and Design (FEED) services for the gasification and power island of the Hydrogen Energy California (HECA) project. The FEED effort is already underway, MHI said today, forecasting works will be completed by March 2013.
Amid gas replacing coal as the fuel choice for American power plant operators, the stockpile of coal has risen to a record high, latest data from the U.S. Energy Information Administration (EIA) shows.
Alstom, a leading global power generation company, has secured GT13E2 gas turbine generator contract and long-term service agreement in China. Alstom Senior VP Gas Business, Mark Coxon, said the contract win represents "Alstom's determination in returning to the Chinese gas power generation market".
Retrofitting chiller equipment to a combined cycle power plant has netted a gain of US$1 million for PT Mitra Energi, Noor Wahyu Hidayat, CEO told delegates at the 6th annual Gas Turbines conference in Singapore. Hidayat was describing a case study of a successful combined cycle gas turbine power plant (CCGT) retrofit at the Batam power plant (165 MW).
Horizon 2020, an EU innovation, has earmarked €80billion for research and development (R&D) of low-carbon intensive fossil fuels. Industry observers rate this development a "clear victory" for the gas lobby in its effort to attract investment in new gas-fired power plants.
Should Original Equipment Manufacturers (OEMs) be bound to do investigations when things go wrong with gas turbines? Some participants discussing failure analysis today at the a Gas Turbines conference in Singapore thought so, but the idea was shot down by panel chairman Maxine Watson.
Tripping gas turbines are the cause of recurring headaches for power plant managers, but engineers at SembCorp Industries, found an innovative solution of dealing with start-up problems. "We formed an internal team to assess and resolve the problem," Ramiah Manickam, Manager, Technical Engineering Services, told 'Gas to Power Journal' at the sidelines of the 6th Annual Gas Turbines Conference in Singapore today.
Demand for natural gas is estimated to surge by more than 50% by 2035, provided that vast global resources of unconventional gas can be tapped in a profitable and environmentally friendly manner, the International Energy Agency (IEA) said in a special report.
The U.S. is experiencing a boom in shale gas production, with gas prices on record lows and power producers switching from coal to comparatively cheap and less carbon-intensive gas.
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.