Eager to avert crippling power shortages, the Egyptian electricity ministry aims to add 1,300 MW of gas-fired capacity by the end of October through the commissioning of two new 650 MW units at the Ain Sokhna power station.
U.S. energy major Exxon Mobil has been given the go ahead by the Vietnamese government to develop a mega power plant that will generate output of up to 6,500 MW and cost an estimated $20 billion. Initial planning work is already underway to decide the site for the plant.
Japanese turbine manufacturer Mitsubishi Hitachi Power Systems (MHPS) has won an order to supply one M701F4 gas and steam turbine for the 410 MW Bheramara power plant in the Khulna District of Bangladesh. Delivery is scheduled for September 2015.
German government-owned development bank Kreditanstalt für Wiederaufbau (KfW) has approved $265 million in loan financing for the construction of the planned 414 MW San Gabriel gas-fired power plant in Batangas in the Philippines. Construction is already underway with a commissioning date of 2016.
Mitsubishi Hitachi Power Systems (MHPS) in consortium with Mitsubishi Electric Corp is to build a 427 MW gas turbine combined cycle power plant in Toyama Shinko on the west-coast of Japan. The plant will be operated by Hokuriku Electric Power and is scheduled to be commissioned by March 2019.
Swedish engineering firm Nederman has won an order to supply two complete gas turbine inlet air filtration systems for a U.S. power plant. The order is valued at $3.24 milllion and is expected to be delivered in late 2015. "The Nederman solution includes a self-cleaning cartridge filter system, evaporative cooling, and silencer," a company spokesman said, suggesting the design "will reduce ambient outdoor dust to a level sufficient to protect the turbine compressor and internal components."
Introducing capacity payments in Britain is expected to curb operators' revenue from energy-only markets by reducing the occurrence and amplitude of price spikes. "The risk profile has changed, as the bidding strategy at capacity auctions depends on wholesale power price forecasts, as well as optimized running regimes so that the plant is available in the delivery year," said SEE's EMR commercial project director, Deirdre Powers.
Mapping out four scenarios of the UK energy sector over the next 20 years, National Grid is evaluating the future demand/supply balance and investment needs in gas and power transmission networks. Stress tests on the system contribution of wind power and interconnectors have helped DECC to decide what volume to procure in the upcoming capacity auctions, said Richard Smith, Head of Energy Strategy and Policy, National Grid.
U.S. power producer Navasota Energy has announced plans to build three 543 MW peaking stations in Texas to help balance rising intermittent renewable capacity in the state. The new plants will feed into the Electric Reliability Council of Texas (ERCOT) network and are expected to be commissioned by spring 2017.
Eager to advance a mega project that has fallen several months behind schedule, state-owned Oman Power and Water Procurement (OPWP) aims to commission the 2,000 MW Sur Independent Power Project (IPP) in Q3 of this year.
Rising natural gas prices at Henry Hub are seen contribute to a 1.1% decline of gas consumption in the U.S. power sector in 2014, taking the total down to 22.1 billion cubic feet per day (Bcf/d), the U.S. Energy Information Administration (EIA) forecast. The agency also revised down annual coal-to-power consumption by 10 million tonnes compared with June estimates, but still predicts a strong year for coal with 2.8% growth in consumption overall in 2014.