Daily News

Electricty rates from Japan’s 10 regional power utilities are set to drop for the month of October to reflect lower LNG imports prices. Tokyo Electric Power (TEPCO) announced it will reduce its standard household rate by $0.51 to $81 as of October, after its LNG import price fell to $818 per tonne in July from $821 per tonne in June. 

EU energy commissioner Günther Oettinger has offered to help Ukraine in developing a payment plan for Naftogaz to start repaying its huge debt to Gazprom, which has ceased deliveries in June, citing unpaid bills of around $4.5 billion.

 

Natural gas led new generating capacity additions in the U.S. in the first six months of 2014, adding 2,180 MW over half the total amount added, according to the Energy Information Administration. Renewables contributed the majority of the remainder taking total U.S. additions to 4,350 MW in the first half of the year.

Technology developer FuelCell Energy has been granted $1.2 million in funding to progress to the third stage of a U.S. Department of Energy (DOE) programme that is studying the use of fuel cells to separate carbon dioxide from the emissions of power plants.

Gas-fired plants in the UK produced an additional output of 0.1 TWh in the three months to June, a 0.4% rise year-on year. The share of gas in the UK energy mix increased 3% and now stands at 31.7%, according to the latest figures from the Department of Energy & Climate Change (DECC).

Turkish power producer Akenerji has started operation at its 872 MW Egemer gas-fired power plant in Erzin. The operator - a joint venture between Czech utility CEZ and Turkish group Akkok – expects the plant to produce 7,000 GWh of electricity annually.

Distributed power provider APR Energy has won a contract to supply 100 MW of gas-fired peaking capacity in South Hedland, Western Australia. Four mobile turbine units will provide bridging power for the next 30 months until work is complete on a 150 MW combined cycle plant at the site in early 2017.

Chinese power plant developer CMEC is to build a $985 million combined-cycle power plant in Soyo in Angola’s Zaire province. The plant follows a pledge by Chinese premier Li Keqiang earlier this year to invest $12 billion in the power sector in Africa.

UK power plant developer Carlton Power has appointed the investment firm Macquarie Capital as debt and equity adviser for its proposed £1.2 billion Trafford Power combined cycle gas turbine (CCGT) power station. The 1.8 GW plant power project will bid into the upcoming first UK capacity auction in December.

U.S. power producer Calpine Corporation is to buy the 809 MW Fore River Generating Station from its current owner Exelon Corporation for $530 million. The plant is located in in North Weymouth, Massachusetts, 12 miles southeast of Boston.

Government-run energy firm Vietnam Oil & Gas Group (PVN) expects to sign an agreement with Exxon Mobil in 2015  to develop the first phase of a multi-billion natural gas field and power project in the country. The intial phase of the project is expected to cost $10 billion and will generate 2,500 MW.

State-owned Saudi Electricity Co (SEC) claims it will bring 4,750 MW of gas-fired power generating capacity online in Riyadh by 2017. The additions will come from three plants -- the 1,150 MW PP10 plant and the PP13 and PP14 plants that each generate 1,800 MW.

U.S. energy firm Dynegy Power plans to purchase 5,053 MW of gas-fired power generation capacity from Duke Energy and Energy Capital. The deals, worth an estimated $6.25 billion, will also include a number of coal plant purchases, Dynegy stated as it aims to boost its overall capacity to nearly 26,000 MW.

The Indian government has approved relief measures designed to improve the availability of gas supply for power plants via its Administered Pricing Mechanism (APM). A financial package worth $19.7 billion will aim to support gas price pooling and reduce gas shortages.

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.

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