The rising price spread between coal and natural gas is helping coal take back market share. Coal fired generation captured nearly everything lost by renewables and natural gas, surging 21percent higher in March of 2013 compared to March 2012, according to Genscape's Generation Fuel Monitoring Service.
Smaller combined heat and power (CHP) installations are experiencing growth in many EU member states but the sector is also under pressure from the effects of the economic crisis, electricity market issues and ongoing fluctuations in the price of fuel, according to COGEN Europe's 2013 Snapshot Survey of the Cogeneration sector in Europe.
Alstom has been awarded a €125 million contract by Lake Road Generating Company, L.P. to service its 844MW gas-fired combined-cycle power plant (CCPP) located in Dayville, Connecticut. The scope of the agreement covers the plant's three Alstom GT24 gas turbines.
Siemens has received a $300 million order from Panda Power Funds for the turnkey supply of the natural gas-fired 758MW Panda Temple II Power Project in Texas. The multi-shaft combined-cycle project is due to be completed at the end of 2015 and will be able to supply the needs of about 750 000 homes. It will utilise Siemens' Flex-Plant 30 technology and is being built in consortium with Bechtel.
Fuel prices will continue to favour baseload coal-fired power generation over gas-fired generation in the UK through the summer months and beyond, according to the National Grid's Summer Outlook Report. This is despite the application of a carbon price support (CPS) of £4.94/ton on April 1 for the 2013-2014 financial year.
Nigeria, the largest market for diesel and gas generator sets in Africa, is forecast to see growth rates of 8.7 percent propelling up market volume from $450 million in 2011, to reach $950.7 million by 2020. "Sustained growth is driven by increasing electricity consumption, which has been growing at 8 percent per annum over recent years, and the inability of the Power Holding Company of Nigeria (PHCN) to supply adequate power to meet demand," GBI Research energy analyst, Aman Madhok told Gas to Power Journal.
UK Energy Intensive Industries have agreed to extending energy efficiency improvement targets to 2020 as part of the voluntary Climate Change Agreements scheme which provides an extension to the Climate Change Levy. These efficiency improvements are estimated to deliver an overall 11 percent energy efficiency improvement across all industry sectors.
Growth in Mexico's distributed power generation market is being driven by insufficient centralized electricity provision. The failure of the traditional model for the electricity market, which includes large infrastructure for power generation, transmission, and distribution, is laying the groundwork for a distributed power generation (DPG) model, Frost & Sullivan latest country analysis finds.
Wood Group GTS has been awarded a $1.6 million contract by CNOOC and Shell Petrochemicals Company Ltd (CSPC), a joint venture between CNOOC Petrochemicals Investment Ltd and Shell Nanhai B.V., to supply new hot gas path components for a GE Frame 6B gas turbine in China.
To satisfy rising power demand and avert severe energy shortfalls, the Iraqi government plans to expand generating capacity from about 9GW to 27GW by supporting construction of new gas-fired power stations and the conversion of old gas-fired plants into combined-cycle plants. Iraq could triple its generating capacity by 2015, Dr. Abd 'Abd al-Satter, Director General at the Ministry of Electricity said according to a country specific analysis released by the US Energy Information Administration (EIA).
Ofgem is to fine SSE £10.5 million for misselling electricity to consumers in breach of Standard Licence Conditions. The fine – the largest ever to be imposed on a UK energy supplier – relates to numerous breaches of SSE's obligations relating to telephone, in-store and doorstep sales activities. Ofgem says that SSE consistently failed to provide clear and accurate information on prices and potential savings to customers about whether or not to switch suppliers.
Japan has decided to revamp its electricity industry by obliging utilities to split their power generation and distribution segments into separate businesses. The move – approved on Tuesday by the Prime Minister's cabinet – is intended to help foster competitiveness, and encourage innovation and modernisation in the country's electricity sector. A bill based on the cabinet's decision is to be submitted to parliament "around 2015."
As Qatar's electricity consumption has risen by a compound annual growth rate of 9.3 percent between 2001 and 2011, installed power generation capacity more than doubled from about 5300MW in 2009 to more than 10 500MW in 2011. The Gulf state produces power exclusively from natural gas and does not have any alternative projects underway.
Business expansion in Brazil is high on the agenda of E.ON, Germany's largest' power supplier, so the latest accord to increase its share in Brazil's electricity producer MPX to just over 36 percent is seen as a strategic move to counterbalance the company's ailing power generation business in Europe.
Both horizontal and vertical heat recovery steam generators (HRSG) have their own specific advantages, which makes it important for power plant operators to choose the best HRSG for their facility based on the circumstances appropriate for each type, Pascal Fontaine, CMI Energy Marketing Manager told Gas to Power Journal in an interview. In general, horizontal HRSGs are best suited for cogeneration while vertical HRSGs are best suited for combined-cycle duty although both can be used in either.