State leaders of India and Russia have announced plans to jointly build new power plants to meet India's rising energy demand. Power shortages cost as much as $68 billion or 0.4 per cent of total GDP per year according to Ficci, the Federation of Indian Chambers of Commerce and Industry.
The Energy Technologies Institute (ETI), a public-private partnership between energy and engineering companies and the UK Government, has mapped out a plan to add more district combined heat and power (CHP) capacity with a view to decarbonise the grid. One of its central projects is its Smart Systems and Heat (SSH) Programme, which is looking at ways to improve availability and delivery of efficient heating across the UK.
China's National Development and Reform Commission (NDRC) has decided to increase electricity on-grid electricity tariffs for gas-fired power plants in at least eight provinces in an effort to help operators to handle cost challenges of higher gas prices.
Stornoway Diamond Corp is pushing ahead with an LNG-to-power plant for the Renard Diamond mining project instead of a diesel gen-set after a feasibility study showed the LNG option can reduce operational cost by up to $10 million over the initial eleven year mine life.
The feasibility study, authored by SNC-Lavalin Inc. and AMEC America Ltd., determined incremental capital cost of the LNG option come in at only $2.6 million over the cost of diesel gen-sets, allowing for a net payback in 4 months.
The IEA's Wind Energy Technology Roadmap report gives an outlook for future wind power capacity and the role of gas power to balance variable electricity supply. IEA analysts compare two distinct scenarios both with increased wind power - a least-cost solution to achieve emissions targets, named 2DS, and a more aggressive renewable adoption scenario, referred to as hiRen (see graph).
The U.S Public Services Commission (PSC) and Cayuga Operating Co have ruled that commercial details behind the rejected bid by New York State Electricity Generators (NYSEG) for the repowering of Cayuga Power plant must be made public.
Though Europe's CHP capacity has fractionally increased, plant utilization has dropped which risks undermining the technology's fuel savings potential, figures in Eurostat's 2013 Statistical Pocketbook 'EU Energy in Figures' show. "The CHP sector remains an untapped opportunity for energy efficiency gains," COGEN Europe commented on the findings.
Developers of gas-fired power plant projects in the UK can take some reassurance from the strike price and risk mitigation measures agreed for the Hinkley Point C nuclear power plant, suggests Jim Fitzgerald, associate partner at The Advisory House.
Philippine power producer First Gen Corp has secured an initial $250 million through a bond issue for the financing of a $650-million expansion project alongside its existing 1,000 MW Sta. Rita and 500-MW San Loranzo gas-fired units in Batangas. Named the San Gabriel project, the expansion adds 500-MW of new gas-fired capacity at the site.
Advances in micro gas turbine production look set to drive growth in distributed gas power units, as they offer the potential to produce electricity at a third of current market rates. Although primarily targeted as replacement units for the $6.1billion global light-commercial boiler market, new microturbines utilising off-the-shelf components may eventually replace centralized power generating unit in some areas, according to MTT, a manufacturer of microturbines.
Smarter gas transportation networks and shipment of smaller LNG and CNG cargoes are expected to play a key role in spurring a projected 50% growth in global gas demand for power generation by 2025, finds a GE report entitled 'The Age of Gas and the Power of Networks'.
Wärtsilä, the Finnish supplier of lifecycle power solutions, has won an order for a 184 MW gas peaking power plant in Arun, northern Indonesia. The plant will utilise 19 Wärtsilä 34SG engines running on liquefied natural gas (LNG) and is planned to start operations in the second quarter of 2015.