Natural gas from East Siberia could cater for up to 35% of China's gas demand for power generation within the next decade, according to the Australian bank Macquarie. The two countries signed a historic deal earlier this year that will see new pipeline interconnectors developed to deliver Russian gas at a estimated long-term price of $10 per mmbtu.
Just a week after a gas pipeline blast hit the Indian village of Nagram, killing 21 people and disrupting gas supply for power generation, a further leak at an ONGC gas field was reported late Thursday in the eastern Indian state of Andhra Pradesh. The combined effect of gas supply shortages has cut power output by at least 1,515 MW, causing a series of blackouts.
U.S. energy solutions provider MBH NRG has teamed up with the Indian cogeneration specialist International Coil Limited (ICL) to develop and sell a range of Turbine Inlet Air Cooling (TIAC) and Balance of Plant (BOP) solutions. “It’s a highly strategic move,” said Robin Bisarya, MBH’s chief commercial officer, suggesting the deal will help both firms take leads in delivering to plant owners ways to improve productivity and profitability.
An upsurge in price volatility in U.S. gas and power markets, initiated by a cold snap this winter, has prompted some of Citibank's gas and power clients to return to price hedging – after having been absent for years, according to Citi's global head of commodities, Stuart Staley.
German energy conglomerate Siemens has launched the Simatic WinCC V7.3 Supervisory Control and Data Acquisition (SCADA) software for power plants, allowing technicians to access vital information on plant operations via mobile devices.
U.S. turbo-charger developer PowerPHASE has completed performance testing of the first-ever hot compressed air injection for a gas turbine at ambient temperature of 32°C, boosting performance of one of the 6B gas turbines at the Morris cogeneration plant in Illinois. ”The power output and efficiency have met all performance expectations, demonstrating that TurboPHASE is the most cost effective and efficient method of incremental gas-fired generation in the world today,” said the company’s president Bob Kraft.
A computer virus referred to as ‘Energetic Bear’ has infected systems at over 1,000 energy firms in the U.S. and six European nations, putting at risk SCADA systems that control a range of power plants. The virus is believed to have originated in Russia and allows hackers to cripple physical systems and monitor energy usage in real time.
German engine maker MAN Diesel & Turbo has completed the second of three power plants that are being built on behalf of France’s EDF Production Electrique Insulaire (EDF-PEI). The 220 MW plant in Martinique is powered by twelve type 18V48/60 engines and has started full commercial operation in late June.
A massive $3.6 trillion is forecast to be invested in power capacity in the energy-hungry Asia Pacific region (APAC), with two-thirds of the sum likely to be spent on renewable, according to a new report by Bloomberg New Energy Finance (BNEF). “However, that does not mean that the days of fossil-fuel power are over,” said BNEF analyst Milo Sjardin, suggesting rapid economic growth in Asia will still drive 434GW of new coal-fired capacity and 314GW of new gas power between now and 2030.
As the share of gas in the U.S. energy mix has doubled over the last decade, there must be greater flexibility and better integration between the natural gas and electricity markets, according to a new MIT Energy Initiative (MITEI) analysis. "Natural gas is a just-in-time fuel," said Francis O'Sullivan, director of MITEI research, as unlike coal, where onsite storage is possible, gas-fired plants have limited to no storage capacity and are entirely reliant on pipelines for fuel delivery.
Soaring Japanese demand for gas to fuel the country’s power plants is forcing upstream developer Inpex to consider building a third LNG storage facility at its Naoetsu LNG terminal in Niigata prefecture. Inpex forecasts that import capacity could rise to 2.7 million metric tonnes per annum (mtpa), from the current 1.5 million mtpa, as the restart of the country’s nuclear capacity remains slow.
Demand for gas by power plant operators in the UK picked up last month according to data from market analytics company Bentek Energy. Demand from combined cycle gas power plants averaged 47 million cubic meters of gas/day for the month of June, an increase of 12% compared with June 2013.
The Kenyan government has approved plans to begin construction for an 800 MW gas-fired plant in August. The proposed Dongo Kundu plant will be located near the capital Mombasa with a groundbreaking ceremony to be held on the 27th next month.
Nigerian power plant developer Proton Energy has edged closer to signing a power purchase agreement licence for its proposed 500 MW Nigerian gas power plant in Sapele, Delta State after endorsement from the Nigerian Electricity Regulatory Commission (NERC). The plant is part of the Delta Sunrise Project (DSP) and is expected to cost $200 million once complete in 2015.