Turkey keeps getting the attention of players from every corner of the natural gas-based power generation industry, even though the government complains about the country's dependency on natural gas and pledges to bring it down from today's 70% market share.
Louisville Gas & Electric (LG&E) has accelerated works to commission a replacement 640-MW gas-fired plant and the utility said it will consequentially retire three units at the 536 MW Cane Run coal plant in Kentucky eight months earlier than initially planned.
Britain is preparing to make a 'dash for gas generation' which may pove to be the more affordable option than renewables.
"Following the government's change in policy direction, it is now time and money that will determine whether a power plant, equipped with viable Carbon Capture and Storage (CCS) technology, will be in operation by 2020," says Howard Rogers, Director, Gas Programme, Oxford Institute for Energy Studies (OIES).
To break the vicious cycle of high gas prices leading to demand destruction, no downstream investment and gas generation being displaced coal, analysts at the French investment bank Société Générale recommend to adapt pricing to the source of demand.
Singapore is building three new large combined cycle plants to cater for the city state's growing electricity demand.
"The selection of combined cycle plants based on GT26 advanced gas turbines for all three of these projects indicates the importance of high plant flexibility while maintaining high efficiency and low emissions in many of today's electricity markets," says Pascal Radue, regional vice president, Alstom Gas Business, Asia.
GE has revealed plans to add 12.5 GW to its portfolio of operational gas turbines in Brazil by 2020, as the country turns to gas generation to dent a shortage in peak-load power supply.
Commercial operation has started at Imperial Irrigation District's 140 MW El Centro Unit 3 repowering project at the gas-fired El Centro Generating Station, located in El Centro, California. The revamped plant is adding 140-MW of electricity to the local power grid.
UK utilities and investors with gas to power assets in their portfolios face rising uncertainty in predicting long-term operational cash flows as market interventions as proposed under the UK's Electricity Market Reform have the effect of replacing market risk with political risk, says Dr. Jim Fitzgerald, Associate Partner at The Advisory House.
Supply woes notwithstanding, gas-based power generators are gaining in importance in India, according to country's Central Power Research Institute (CPRI). “Gas is a good, alternative solution for peaking problems,” an analyst with CPRI told Gas to Power Journal.
Gas generation is the quickest way to dent India's energy hunger and underpin economic growth, but "what matters is the delivered price of gas in India," says B.C. Tripathi, chairman and managing director at GAIL, India's largest gas transmission and marketing company.
ExxonMobil is developing a coal-seam gas (CSG) acreage in Indonesia that could provide natural gas for two combined-cycle power plants in Java or feed-gas for the country's LNG production complex at Bontang, Steve Buck, exploration manager at ExxonMobil Exploration said at the 2012 Gastech conference in London.
Wärtsilä, in a consortium with South Korea-based Lotte Engineering & Construction, has been awarded a turnkey contract to build a 573 MW tri-fuel power plant in Jordan. The overall contract is valued at $552 million of which Wärtsilä's share is $334 million, the Helsinki-headquartered company said.
Austria's Econgas foresees no imminent growth in Germany's gas demand, according to Norbert Kint, head of trading at the Austrian utility. "In 2013, renewable energy supply will continue to eat into consumption levels of gas for power generation," he said in a panel session at the Gastech conference in London.
Are European regulators toothless tigers? Gunnar Streck, regulatory manager at E.on Energy Trading has criticized the "lack of ambition on the regulatory side to enforce rules that could ultimately lead to an integrated European energy market".
Coal has been displacing gas generation in Europe since 2009 and the International Energy Agency expects this trend to continue: "We will have a Golden Age of Coal in Europe, at least over the next five years," says Anne-Sophie Corbeau, senior gas analyst for the International Energy Agency (IEA).