Pushing for industry to build more gas-fired power plants in Indonesia, the ministry of energy and mineral resources has drafted new legislation aiming to improve pricing policy and access to infrastructure as well as reducing bureaucratic hurdles for new projects.
For the first time since March last year gas-fired power generation accounts for a higher share of the UK energy mix than coal, National Grid data shows. On June 7, the output of UK gas power plants reached 10.7 GW and has since risen to a high of 16.5 GW on June 10, accounting for 45% of the total power mix, as the font-month gas price fell to its lowest level since August 2010.
Finnish technology developer Metso has launched a new cyber-security solution to safeguard control and automation systems in gas-fired power plants. The new system aims to improve availability and reliability by preventing cyber threats and malware attacks.
The closure or mothballing of gas-fired plants in Europe could lead to a loss equivalent to almost 28% of the continent’s capacity by 2016, according to the Paris-based International Center for Natural Gas Information (Cedigaz). Demand for gas for power generation in Europe has plummeted 33% in the last three years a newly published Cedigaz report shows.
U.S. power provider Portland General Electric (PGE) has started construction work on its 440 MW gas-fired Carty Generating Station in Boardman, Morrow County. The power plant is expected to cost $450 million to complete and will come online by July 2016.
Modular energy provider APR Energy has commissioned a large-scale, 100MW turnkey gas-fired power plant in Myanmar. Based in Kyaukse, in the Mandalay Region the plant has been installed in the space of 3 months following signing of the initial contract in February of this year.
Natural gas prices are expected to fall worldwide as technological innovations and increased demand from power projects leads to greater supply, according to energy multinational Shell. "We think cost will continue to fall as innovations come out of China and the US," Jefferson Edwards, Shell's general manager for Global LNG and Gas Market Development said.
U.S. utility Alliant Energy has issued a request for proposals (RFP) for 600 MW of new power generation capacity in Wisconsin with a preference for gas-fired and wind power. The company is seeking proposals for capacity to come online by 2019 to replace retired coal plants.
The European energy transition is set to create the need for new business models from utilities and start-up power providers, delegates at the Power-Gen Europe conference heard. “If you’re still thinking of gas fired power in terms of a commodity then you are thinking about it in the wrong way. In the future it will be predominantly delivered as a service, centred around availability and flexibility,” Jim Lightfoot, chief operating officer at E.on generation said.
U.S. power provider Old Dominion Electric Cooperative (ODEC) has selected White Oak Power Constructors to conduct the Engineering, Procurement, and Construction (EPC) work to build its 1,000 MW Wildcat Point Generation Facility. The project is expected to cost $675 million with construction expected to start in late 2014.
U.S.energy firm Exxon Mobil has launched its new Mobil DTE 732 M turbine oil to help power providers increase the reliability of both gas and steam turbine operations. The product is part of the Mobil Pegasus range of natural gas engine oils.