Caught in an era of stagnation - that is how Juliana Passadore, Frost & Sullivan's Business Unit Leader for Energy & Power Systems describes the Brazilian gas-to-power market, as a supply shortage and high gas prices hamper investment in new projects.
Siemens has started the first of three H-Class gas turbines at Florida Power & Light Company's (FPL) Cape Canaveral Next Generation Clean Energy Center in Port St. John in the US state of Florida.
Pursuing a strategy of integrated gas use, OMV aims to operate its 870 MW Samsun combined-cycle power plant project in Turkey in the long-term on 'equity gas', similar to the new Brazi plant in Romania which runs 100% on gas produced by the company's upstream arm, Hans-Peter Floren, OMV board member responsible for Gas & Power, said in London today.
Swiss utility Alpiq will divest its planned Havelland gas-fired power plant (400 MW) to EDF Deutschland as part of a restructuring programme to reduce company debt, a spokesman confirmed today.
Turkey's largest power producer Elektrik Üretim A.Ş. (EÜAŞ) has awarded a contract to Alstom Power for the repair, overhaul and rewind of the steam turbine generator of the Afşin-Elbistan A thermal power plant unit 3.
A strategic alliance aimed at creating a European energy market based on the complementary use of renewable energy and gas has been founded by GE and Dong Energy alongside with Alpine Energie, First Solar and Shell.
Angered by a delay in the UK energy bill amid rows within the coalition over policies on gas, wind and decarbonisation targets, Tim Yeo, the Tory chairman of the energy select committee, has called the conundrum which hampers investment and risks raising bills "a laughable plot".
Sellers of diesel and gas generators are enjoying a flurry of interest across Africa and Asia as energy hungry countries such as China, India and Nigeria step up investment in small to medium-size gensets to backfill power shortages, GlobalData's report 'Diesel and Gas Generator, 2012' shows.
Despite of India's surging electricity demand, the economics of gas generation hinge on peak production, says Rajeev Mathur, executive director marketing at Gas Authority of India Ltd (GAIL). "If anyone wants reliable power [during hours of peak demand] he can pay more. That's where the economics of imported gas for power generation will work," he told Gas to Power Journal.
Tokyo Gas is expanding its power generation capacity as Japan's energy mix shifts away from nuclear towards gas generation, Yasushi Sakakibara, Tokyo Gas' deputy general manager for LNG contracts, has told Gas to Power Journal.
Tokyo Gas plans to start-up a third gas-fired 400 MW unit at its Yokohama power plant in 2015.
Siemens, the German engineering giant, is hopeful to break ground in Singapore for its H-class gas turbines as it builds on the market penetration of its F-class technology, says Thomas Hagedorn, Vice-President, Sales, GT Power Plant Solutions Asia Pacific.
Anglo-Russian oil and gas producer TNK-BP is close to strike a $6 billion gas supply contract over 18 years with Russian power generator TGK-5, dealing yet another blow to Gazprom.
Coal, in contrast to gas generation, has limited prospects to expand its global marked share amid a decline in coal quality and tightening environmental legislation, according to asset management group Axa Investment Managers.
German's largest utility Eon has confirmed it will shut-down 1,037 MW of gas-fired power generation capacity, mothballing both it the 622 MW Staudinger 4 plant unit and the 415 MW Irsching 3 unit by the end of this year. The plants will operate as winter reserve, once E.on has transferred responsibility to the regulator BNA.
Norwegian oil and gas major Statoil has selected Siemens' PostCap process for phase-3 in the technology qualification program for the carbon capture and storage (CCS) plant at the combined-heat and power plant at the refinery in Mongstad. The final phase of the qualification process will come to an end in April 2013.