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.
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.