German engineering conglomerate Siemens has won its largest order to date from Saudi Aramco – worth $966.8 million – to deliver power plant components for the 4,000MW Jazan gasification-based combined-cycle power plant in Saudi Arabia.
Shanghai Tower – China's tallest building once completed in 2014 – will make use of on-site power and cogeneration to provide electricity and heat for its vast, high-rise operation.
Toshiba Corporation has set-up TAET as a sales subsidiary for power system in Istanbul, Turkey, to expand business a market with healthy economic growth, an annualized 6% growth rate in electricity demand and government plans to double power generating capacity to 125GW by 2023.
Duke Energy Florida has filed a revised settlement agreement with the Florida Public Service Commission (FPSC) comprising provisions related to the Crystal River 3 nuclear plant (CR3), the proposed Levy nuclear project, the Crystal River 1 and 2 coal units, and future gas-fired generation needs in Florida.
Use of gas engines is expanding in Europe as industries invest in decentralised, independently-operated gas-fired power generation to mitigate the risk of power supply shortages. Global annual sales of gas engine with a capacity of over 500kW exceeded 6,000 MW last year, of which 64%, or over 3,800 MW, were sold in Europe, according to The Strategy Works' estimates based on a market survey.
American electronics multinational GE is expanding its oil and gas facility in Fót, a suburb of the Hungarian capital Budapest, with a view to locally manufacture central unit control panels (UCP) for gas and steam turbine power plants.
The Egyptian government will invite bids from private sector investors for new gas-fired and renewable projects in a move intended to prop up domestic power generation capacity to avert the risk of blackouts. Amad Eman, the newly instated minister of electricity, announced this week the government will fast-track plans to add 6,250 MW of capacity by 2017.
Combined Heat and Power Generation (CHP) – long overlooked as the 'Cinderella' of UK energy generation – is now claiming its place in the energy mix. Britain's installed CHP capacity grew by almost 3% to 6.1GW between 2011 and 2012, meeting 6.4% of the country's total electricity needs, according to Digest of UK Energy Statistics (DUKES).
RWE npower, one of Britain's Big 6 energy companies, has applied for a permit to build a 27km gas pipeline to fuel two proposed power plants, a 2,000MW combined cycle gas turbine (CCGT) power plant and a 400MW dual fuel gas and diesel power plant, in Willington, UK.
Designated Siemens CEO Kaeser has disclosed the 2014 profit margin target might be lowered from 12% to 10%. "Whether a 2-digit margin is achievable, depends on the competition ... but what is important is that we reduce the profitability gap between us and the competition," he said in a press conference in Munich late Wednesday.
Waste heat absorption to prevent power use and to reduce fuel consumption during summer Combined Heat & Power (CHP) operation is an often overlooked feature, Manfred Klein, former chairman of the Industrial Applications of Gas Turbines (IAGT) Committee told Gas to Power Journal.