Investment in combined-cycle gas turbine (CCGTs) power plants in Germany are "highly problematic" as decreasing, even negative clean spark spreads resulting from reduced runtime hours have cut profit margins to zero". Unless capacity remuneration mechanisms are introduced, PricewaterhouseCoopers sees no market signals that could convince operators to build new plants.
During the first half of 2012, new gas-fired and renewable capacity has dominated power plant additions in the United States. As total of 165 new electric power plants were added in the 33 federal states, with combined new capacity of 8,098 megawatts (MW), according to the US Energy Information Administration (EIA).
NAES Corp. said it has taken over the operations and maintenance (O&M) of the 748 MW Salem Harbor Power Plant. An affiliate of Footprint Power bought the coal-fired plant from Dominion in early August with the intention switching the plant to run on natural gas.
Germany's energy industry association BDEW on behalf of its members has submitted a discussion paper to the Ministry of Economics (BMWi) pushing for a deal to compensate operators for refraining from carrying out planned closures of fossil power plants to guarantee supply security during the upcoming winter period.
As Europe increases its dependence upon green renewable energy as a major source of power generation, it will also need to install fast-starting, aero-derivative gas turbine generators to backstop the electricity grid, forecasts Swift Tarbell, Area Director for Europe with Pratt & Whitney Power Systems.
The Pratt & Whitney Power Systems' 30MW / 60MW FT8 and soon-to-be-launched 60MW / 120MW FT4000 SwiftPac gas turbine units can reach full load on the grid in less than 10 minutes from cold start, and are able to quickly fill the sporadic gaps in power supplied from intermittent wind and solar power technologies.
The German government has abandoned plans to help finance up to 15 percent of the investment costs of new coal-fired power plants, with carbon capture and storage (CCS) technology. The lack of public support for storing carbon underground could shift political support towards gas generation.
Whether US operators choose to dispatch electric generators largely depends on system demand for electricity and the relative cost of operating the plant, a report by the US Energy Information Administration (EIA) shows.
Doosan Heavy Industries (Doosan HI) is considering local investment in India with the aim of better tapping into the country's rapidly growing power generation market.
August 17 - Germany's municipal utility Stadtwerke Neustadt solar power developer IBC Solar have inaugurated a pilot project to store up to 200 kWh of electricity within a local grid area.
If the utility's solar plants produce more power than is required, the energy can be stored and supplied to the grid at a later point, online media solarserver.de reported on Friday.
The power storage unit helps to stabilises the local grid and reduced the need for further regional grid expansion.
Excelsior Energy said its Mesaba energy project has gained ground after receiving notification from the Minnesota Public Utilities Commission that all its permits for a natural gas plant are valid through 2019.
Mitsubishi Heavy Industries (MHI) together with China's Sinosteel Equipment & Engineering (Sinosteel MECC), has received an order for two 150 MW blast-furnace-gas fired gas turbine combined-cycle power generation plants from Baotou Iron & Steel (Baogang).
Schmack Biogas, a German suppliers of biogas technologies, is close to finalising construction works of a 2.85 MW biogas-to-energy plant Tongere, Belgium. "We plan to get the plant ready to start full commercial operations in the second half of this year," Schmack Biogas sales representative, Gernot Buchta, told Gas-to-Power Journal.
German utilities E.on and RWE have spoken out in favor of a strategic reserve as a quick solution to resolve a capacity squeeze in southern Germany in the coming winter. The debate over capacity markets, by contrast, would take years and the scheme is believed to proof counterproductive to energy-only-markets.
CLP Power Hong Kong is prepared to expand capacity at the 2,500 MW gas-fired combined cycle Black Point Power Station (BPPS) to guarantee security of power supply and meet the Government's tightened statutory emission cap, Robert Cochran, Head of Planning and Venture Support at CLP told Gas to Power Journal.