The Indian government is not paying enough attention to smaller gas-based plants to cater for peak load demand as it focusses on large-scale coal-fired plants that provide base load capacity. The Indian power ministry recently awarded licenses for four Ultra Mega Power Projects with a capacity of 4,000 MW each. All plants are coal based.
The United States is currently facing its worst drought in decades which is likely to reduce power supply since electricity generation can be very water-intensive, the U.S. Energy Information Administration (EIA) warns.
Swiss power and automation group ABB has been awarded an order worth $60 million by American Electric Power (AEP) to replace a 30-year-old high-voltage direct current (HVDC) converter station in Texas. The new station is scheduled to be operational in 2014.
Despite short term restraints in the market for gas-fired power generation, new analysis from Frost & Sullivan's Energy & Power Research expects "sound" medium- and long-term prospects and forecasts global gas-fired power plant orders to total 537 GW through 2020.
GE Energy Financial Services has served as lead arranger of an $107 million senior secured credit facility for two Illinois gas-fired peaker plants, managed by Tenaska Capital Management, LLC (TCM), an affiliate of Tenaska, one of the largest U.S. independent power producers.
The majority of the coal-to-gas switching activity in the U.S. is "permanent" as most utilities are not expected to revert investment decisions of converting coal plants to run on natural gas, Moody's Investors Service said.
General Electric's (GE) has signed a 12-year, multimillion contractual service agreement (CSA) with Thailand's petrochemical company IRPC that includes the delivery of six GE Frame 6B gas turbines for a combined heat and power plant (CHP) in Rayong Province.
August 28 – ABB has been commissioned to launch the largest battery energy storage project of its kind in Switzerland together with EKZ, a power distribution utility.
ABB supplied EKZ with battery energy storage solution using Lithium-ion (Li-ion) batteries that can provide one megawatt of power during 15 minutes.
The storage facility is integrated into EKZ's power distribution network and is being used to evaluate
performance in key areas such as balancing peak loads and intermittent power supply, and the viability of the solution for grid optimization.
South Korea has risen high on the agenda of Siemens, Germany's engineering giant, who is targeting the country as a key growth market for gas turbine sales.
Sales prospects and revenue generated in Asia and the Middle East currently more than offsets reduced earnings in ailing European markets, says Lothar Balling, Head of Gas Turbine Power Plant Solutions in the Fossil Power Generation Division at Siemens Energy.
Germany's largest utility E.on said it has no intention of building additional gas or coal-fired capacity in western Europe until 2020 as it expects markets to be oversupplied with power generation capacity until the final shutdown of all German nuclear reactors.
Wärtsilä, a leading supplier of gas engines, has singled out the United States as a fast growing market for Smart Power Generation (SPG). "Ancillary services such as spinning reserve, frequency regulation and black start capability can all be sold in the market," Melle Kruisdijk, Director Market Development, Wärtsilä Power Plants told Gas to Power Journal.
Japan's Toyota Motor Corporation (TMC) has announced plans to install eight additional cogeneration gas power generators and demand management systems before year-end with the aim of reaching a rate of 30% self-sufficiency in electricity supply at its manufacturing plants.
Wärtsilä, a supplier of flexible power plant solutions, has won a contract to supply equipment for a gas engine based expansion to the McArthur River zinc mine power plant in Australia's Northern Territory. The scope of supply includes six 34SG engines running on natural gas with a combined output of 53 MW and related engineering services.
A pilot power-to-gas plant that will enable the storage of electicity generated by wind turbines in the gas grid will start operations in Germany in 2013. E.on said it started construction works of the pilot facility, located in Falkenhagen, north-east Germany.
Hong Kong has secured sufficient natural gas supplies from China but pricing issues constrain operators to switch from coal-to-gas generation, Larry Chuen-Ho Chow, Director, Hong Kong Energy Studies Centre at Hong Kong Baptist University told Gas to Power Journal.