Peak spending on new installations and renovations of gas-fired power plants may be reached as soon as 2016, analysts forecast. "We expect the natural gas power generation market to peak in 2016 and then subside afterwards, before stabilising by the beginning of the next decade, as demand in the US and Japan declines." Riccardo Patrian, energy analyst at VisionGain Global told Gas to Power Journal.
Burgeoning economic growth in South Korea, spurs growth rates of 3.6% in electricity demand and a rising heat offtake. "Conditions for district heating and new CHP projects are excellent, due to a high population density in Korean metropolises and a climate with hot summers and cold winters," Lothar Balling, head of gas turbine power plant solutions at Siemens Energy told Gas to Power Journal.
Seeking to boost cement output to support Russian construction projects in connection with the Sochi 2014 Winter Olymics, the Verhnebakanskiy Cement Plant in Novorossiysk has turned to GE to expand its 44.3-MW onsite gas power plant by installing a 12th Jenbacher J624 gas engine.
The Beijing municipal government is fast-tracking its Clean Air Action Plan by announcing the closure of all coal-fired power plants by 2017, three years prior to the original schedule. Four major coal-fired plants are due to be replaced with less carbon-intensive gas power facilities already by 2015, in an effort to tackle the city's crippling air pollution crisis, though analysts warn a gas shortage could delay the coal-to-gas switch.
The implementation of an additional 3.9GW of flexible gas-fired capacity for peakload power supply on top of Thailand's installed 18.3GW of baseload gas power capacity power could lead to savings of $263 million per year, a Wärtsilä study shows. Thailand aims to diversify its energy mix, and the study analyses different scenarios for adding gas-fired capacity considering cost and efficiencies as possible pathways to meet the country's growing electricity demand.
A 500 kilowatt-hour peak load shifting unit is to be installed at the Discovery Science Center in Southern California by GE as part of efforts to reduce peak demand on the grid. The GE storage and Princeton Power Systems (PPS) inverter control system is expected to shift 10-20% of daily electrical load to off-peak time periods, freeing up peakload power supply for other users.
The South Korean energy ministry has proposed to reduce the share of nuclear to 22-29% of the country's energy mix, down from 41% as set out in a government plan for 2030. The proposal, if realised, is poised to increase Korea's dependence on natural gas as a fuel for power generation.
Debate raged over the future direction of UK energy policy as the revised Energy Bill reached the report stage at the House of Lords on Monday. The bill proposed tough targets for decarbonisation, limiting the economic viability of fossil fuel generation, and was narrowly rejected by the house. Some members of the Lords criticized the proposed capacity mechanisms saying they risk increasing energy costs and have not yet brought forward investment in new gas power plants.
A new 1,000-kilowatt gas engine cogeneration (CHP) system will launch on November 1, jointly developed by Mitsubishi Heavy Industries (MHI) and Tokyo Gas Co. The engine employed is an improved version of MHI's previous 930kW gas CHP system and has been re-engineered to optimise output and efficiency.
Asian countries have taken the lead in producing methane hydrate – a new unconventional gas source, with first offshore production led by Japan Oil, Gas and Metals National Corporation (JOGMEC). Todd Alhart, media relations director, global research for gas turbine manufacturer GE, says that once production fine-tuned, there would be no technical barriers to use of the gaseous methane in gas-fired power plant generation.
The Public Service Commission of South Carolina (PSCSC) has received an application from Duke Energy Carolinas to build and operate a 750MW gas-fired power plant on a brownfield site near the existing Lee Station Steam Station near Anderson, South Carolina.
A lack of gas supply for the 1,466 MW Kondapalli power project in Andhra Pradesh, India has caused operator Lanco Kondapalli Power (LKPL) to seek government assistance to cover financial liability. According to the company, commercial operation at its 742MW Kondapalli Stage III plant has been delayed by two years until January 2015 and the rest of the site has been brought to a standstill, due to an absence of promised gas supplies from Reliance Industries' KG-D6 block.