Daily News

Saudi Arabian developer ACWA Power is set to build a $1 billion combined-cycle gas turbine (CCGT) plant near the city of Kirikkale in Turkey. The 950 MW plant will be built by ACWA subsidiary, Acwa Guc Elektrik Isletme ve Yonetim Sanayi ve Ticaret A.S.

U.S. power plant developer Competitive Power Ventures (CPV) and partners Marubeni and Toyota Tsusho have started construction of the $775 million St. Charles Energy Center in Waldorf, Charles County, Maryland.

Financing of $890 million has been agreed by a consortium of investors to develop the Azura-Edo Independent Power Project (IPP) in Edo State, Nigeria. Construction works for the 450 MW open cycle gas turbine (OCGT) plant are now expected to begin in January 2015.

The Russian president Vladimir Putin has conceded a 6% discount on natural gas sales to Turkey as of January 1, 2015, as Gazprom announced plans to build a 63 Bcm pipeline through the Black Sea to transit Turkey and reach the Greek border – in replacement of the South Stream pipeline link to Bulgaria.

Bottlenecks and ongoing restrictions in New England’s gas pipeline networks are forcing many gas power plants in the region to sit idle, such as the 265 MW Rumford Power plant, the largest gas-fired facility in Maine.

Iran’s energy ministry has announced plans to build 100 GW of new power capacity to and dismantle old thermal stations. “By next five years, the ministry has plans to install and operate 33,000 MW new electricity generation capacity to connect to the national grid,” said Iran's energy minister Hamid Chitchian.

The Brazilian government has awarded the first contracts for coal and gas power plants in three years in a bid to replace hydropower. The auction is meant to spur development of 51 new plants with a total capacity of 4.89 GW – the lion's share of 82%, or 4 GW will be produced by 12 new thermal projects starting from 2019.

Italy's Eni Exploration has signed an accord worth $6 billion with the government of Ghana to develop the Sankofa oil and gas fields. Production is set to start in mid-2017 and will boost Ghana's domestic supply of liquefied petroleum gas as well as lean gas, earmarked to fuel new power generation projects such as the 550 MW Takoradi​ unit.

E.on, Germany's largest utility, announced a new strategy on Sunday to divide its business and focus on renewables, distribution networks and customer solutions.Conventional generation, energy trading as well as exploration and production will be combined in a new, independent company, most of which will be spun off to E.on shareholders.

The government of India is fast-tracking its financial support measures to boost power generation capacity by 30,000 MW by tackling fuel scarcity. Power minister Piyush Goyal this week met with senior ministers to agree a plan to use idle gas plants as "spinning reserve" to preserve grid stability.

The Energy Ministry of Thailand is set to finalise the first integrated energy plan for the country by the end of this year, officials have announced. The ASEAN country faces dwindling gas reserves, so the new strategy also aims to promote investment in alternative fuels to reduce import dependency.

North Yorkshire-based Drax has been hit with a £28 million penalty, the largest ever imposed by Ofgem. The British energy regulator also requested InterGen to pay £11 million for failing to meet energy saving targets for low-income households.

U.S. electric utility AES Southland is ready to install the world’s largest lithium battery system at its Alamitos Power Center in Long Beach, California, in an effort to provide backup peaking power. The battery will have capacity to deliver 400 MWh, equivalent to 100 MW of auxiliary power units, and can run for up to 4 hours.

Electricity supply shortages are affecting Libya's oil sector and compromise production at some of the country's largest oil fields. Hydrocarbon exports are vital to prop up the Libya's war-torn economy, but IMF analysts expect oil production will fall by another 20% this year.

News in Brief

German utilities invest record amounts

Jan 21 – Energy companies in Germany invested a record €20.5 billion in 2021, and the industry association BDEW expects capital expenditure will stay high throughout 2022. Out of the total sum, €4.3 billion were invested in electricity generation plants, €9.9 billion in transmission and distribution plants and €1.2 billion in other assets, such as metering points and information technology.

H2-powered plant for French Guiana

Jan 20 – Siemens Energy will set up a hybrid plant to supply stable baseload electricity to 10,000 households in French Guiana. An intelligent combination of 55 MW photovoltaics, an electrolyser to produce green hydrogen, fuel cells and energy storage is scheduled to be commissioned in the autumn of 2023.

Decarbonising UK homes

Jan 19 – Just 9 million hot water cylinders are currently installed in British homes, leaving a gap of 18 million homes whose heating would need to be decarbonised for the UK to meet Net Zero. According to the trade body HWA, the political focus of decarbonising heating has been solely on the heat source; such as boilers and heat pumps – while little to no focus has been on hot water cylinder. This gap in in government policy, which could result in unnecessary costs to consumers.

Cresta to fund Lapis Energy’s CCS projects

Jan 18 – Texas-based Cresta Fund Management has agreed to finance Lapis Energy’s CCS and clean hydrogen projects. The two partners are now looking to identify, design and develop projects for the permanent sequestration of CO2, targeting customers within the heavy industry and petrochemical companies.

GE to repower Long Lake plant

Jan 17 – GE will modernize four generors at the Long Lake hydropower plant in northwest US, operated by Avista Utilities. Once refurbished, the plant will have an installed capacity of more than 100 MW. The first modernized Long Lake unit is scheduled to go into operation at the end of 2024 and the last one in 2029

mtu to power Romania’s largest data center

Jan 14 – mtu Series 4000 gas generators will provide electricity heat and cooling for Romania’s largest data center. ClusterPower is building a 273,000-squaremetre technology campus near Craiova by 2025, where it will host five data centers with a Power Usage Effectiveness (PUE) of 1.1

Green hydrogen from Quebec

Jan 13 – Charbone has agreed to provide the US propane distributer Superior with green hydrogen from its Sorel-Tracy facility in Quebec, Canada, starting from the third quarter of 2022. The hydrogen will be delivered directly from Charbone’s H2 plant to Superior’s customers which include mining, power generation, transportation and industrial energy users. 

Cresta to fund Lapis Energy’s CCS projects

Jan 12 – Texas-based Cresta Fund Management has agreed to finance Lapis Energy’s CCS and clean hydrogen projects. The two partners are now looking to identify, design and develop project for the permanent sequestration of CO2, targeting customers within the heavy industry and petrochemical companies.

US rivals Australia as world’s largest LNG exporter

Jan 11 – Analysts at the US Energy Information Administration (EIA) are confident that the growth in US LNG exports could see America’s liquefaction and send-out capacity exceed that of Australia and Qatar – the world’s two largest LNG exporters. Looking ahead, the EIA expects US exports of the super-chilled gas will rise 17% from 2021 levels to average 11.1 Bcf/d from December through March.

Africa’s first FLNG plant arrives in Mozambique

Jan 10 – Coral Sul FLNG, Africa’s first-ever floating LNG facility has arrived in Mozambican waters. The plant is critical to develop the US$7 billion Coral South project, led by the Italian oil and gas company Eni. Some of the produced gas will be used for power generation in Mozambique, though most will be liquefied and sold to global markets.

GE snaps up Opus One Solutions

Dec 23 – GE Digital has agreed to acquire Opus One Solutions Energy Corp, a Californian software company that helps utilities integrate renewables and Distributed Energy Resources (DERs) at scale across the electric grid. The transaction is expected to close within 30 days, GE stated without disclosing what price was paid for the takeover.

Qatar invests in Rolls-Royce’s nuclear power business

Dec 22 – Qatar Investment Authority, the state’s sovereign wealth fund, has agreed to invest £85 million in Rolls-Royce SMR, the company’s new technology for small-scale, low carbon nuclear power. UK business and energy secretary Kwasi Kwarteng called the investment a “clear vote of confidence” in the UK’s nuclear innovation. It follows £210 million Qatari investment in the development in Small Modular Reactors. Now fully funded, Rolls-Royce SMR business also received £490 million through commercial equity and UK Research and Innovation (UKRI) grant funding. 

JERA helps Japanese film producer curb emissions

Dec 20 – Toho, a Japanese film producer and entertainment company, will get support from the country’s largest power producer JERA to reduce CO2 emission from film production. To that end, JERA will supply zero-emissions energy to Toho and draw up a roadmap to decarbonise the media company as a whole.

Tractebel develop concept to store H2 offshore

Dec 17 – Tractebel Overdick and partners have developed an offshore infrastructure and processing facilities concept that relies on the storage of hydrogen (H2) in offshore caverns. The design study outlines a scalable offshore platform for the compression and storage of up to 1.2 million cubic meters of hydrogen.

Ethatec uses CO2-free power to produce ethanol

Dec 15 – ESG Clean Energy has signed a letter of intent (LOI) with Ethatec to use ESG’s patented CO2-free gensets to its ethanol production. Ethatec uses waste from bakeries and pizza factories which is being crushed and then mixed with water and enzymes and heated in a multi-stage mashing process to saccharify the starch. It is then cooled and fed into fermentation tanks, where yeast is added. for alcoholic fermentation of the sugar. After 72 hours, the mixture is fed to a distillation system where ethanol is obtained.

Anax helps Magellan mine bitcoin under US$12m deal

Dec 16 – Ohio-based Magellan Scientific has entered a long-term accord, worth US$12 million, with Anax Power to generate zero-emission electricity from natural gas flows for Magellan’s distributed data centres, using 500 kW Anax turboexpanders. This green power will be used to lower the carbon-intensity of bitcoin mining and help US interstate pipeline operators and utilities accelerate their net-zero emission goals.

Cryogenic insulation market to top $4.6m by 2026

Dec 14 – The global market for cryogenic insulation is forecast to reach $4,659.85 million by 2026, expanding at an annual rate of 8.76% over the next five years. According to ResearchandMarkets, companies need to keep investing in R&D to deliver more efficient products at a lower cost and improve product durability.