Reducing wasteful flaring of associated gas, shale oil producers in the U.S. increasingly use the by-product as a cheap fuel to power onsite power gensets. To help improve the operational efficiency of flare stacks, US industrial burner firm Periflame offers MD-G burners in capacity ranges from 0.3 to 100 MW for single units.
As the race for Alstom intensifies amid a looming June 23 deadline for GE's bid for the energy arm of the French debt-ridden manufacturer, Siemens and Mitsubishi Heavy Industries (MHI) have launched a counter proposal which is claimed to be 1.9 billion euros better than the one of their U.S. rival. At stake is "an industrial icon, so it's also about French pride and we are getting important help from Mitsubishi in preserving Alstom," Siemens CEO Joe Kaeser said in Paris today.
Despite a growth in peaking power capacity in the run-up to the 2014 World Cup, not all of Brazil's gas-fired plants in continuous use as power producers adjust to changes in the gas supply balance. New domestic hydrocarbon production from the Santos, Campos, and Espririto Santos basin and rising LNG imports mitigate the risk of declining in pipeline gas imports from Bolivia.
Dirty king coal share in global primary energy consumption reached 30.1% last year, the highest level since 1970. Though coal consumption grew by 3%, well below the 10-year average of 3.9%, it still dwarfed the 1.4% growth of natural gas use, according to BP's Statistical Review of World Energy 2014.
New developments with Organic Rankine Cycle (ORC) systems offer the ability to capture waste heat and make savings of 30% for gas power operators and industry, according to Italian technology developer Exergy. "For gas turbines we see a 30% increase in efficiency which would translate to a 3 MW boost for a 10 MW turbine," Claudio Spadacini, Exergy founder and CEO, told Gas to Power Journal.
The U.S. Energy Information Administration (EIA) has released a report outlining the modular methodology behind its National Energy Modeling System (NEMS) used to generate predictions for the American power sector. The data from these models is used to generate EIA's Annual Energy Outlook report, the latest edition of which predicts that natural gas will become the largest source of fuel for power generation in the U.S. by 2040.
Aggreko is supplying temporary gas power capacity for the 2014 Football World Cup that is underway in Brazil. A deal with FIFA sees Aggreko supply electricity and cooling to the tournament's broadcast network.
German manufacturing group Siemens is said to lower its offer for part of the power generation businesses of Alstom but its new partner in the takeover battle, Japan's Mitsubishi Heavy Industries, will sweeten the bid by offering to get a 10% stake in the French debt-ridden company.
Allowing European energy companies to bid into the UK's upcoming capacity auctions with electricity delivered by undersea interconnections could help reduce costs and save up to £1 billion, analysis from Policy Exchange suggests. "By opening up the capacity market to overseas participation, the government can ensure the widest possible pool of bidders. This will increase competition with gas generators for capacity contracts, and as a result should help lower the cost of delivering the policy." said Simon Moore, senior research fellow at the energy think tank.
Japanese equipment manufacturer Mitsubishi Hitachi Power Systems (MHPS) has won an order to supply components for the Pocheon combined cycle gas turbine plant in South Korea. MHPS will deliver two M501J gas turbines, one steam turbine and three generators for the plant which is slated to be operational in November 2016.
Reliance on natural gas imports is set to increase throughout Europe with volumes projected to rise from 215 million tonnes (Mtoe) in 2014 to 320 Mtoe by 2030, according to energy consultancy Wood Mackenzie. Russian gas is forecast to “remain competitive” and “stay the cornerstone of European gas supply”, although European power producers seek ways to break the link with oil price indexation that has propelled up costs for imported gas across the continent.
German energy multinational Siemens and South Korean construction partner Samsung C&T have commissioned an 800 MW combined-cycle plant on the artificial island of Jurong, located off the south-west coast of Singapore. The plant was delivered on a turnkey basis and claims efficiency of 58%.