The US Energy Information Administration (EIA) expects the extension of the renewable electricity production tax credit (PTC), which Congress extended on 1 January as part of the American Taxpayer Relief Act of 2012 (ATRA), will result in the addition of significant wind capacity in the US over the next three years. A higher share of intermittent wind energy will require flexible fossil backup capacity.
RWE chief executive, Peter Terium, has voiced strong criticism against "one-off measures or action taken by individual [European] countries" both regarding capacity mechanisms or expansion targets for renewables. "[These] are of no use to us; we must find European solutions," he said.
Terium was one of eight CEOs of European energy companies who warned that Europe is currently facing "a perfect storm" which was endangering security of supply, undermining their ability to attract capital and hindering the EU's transformation to a low-carbon economy.
E.on has chosen the right time to enter the European market for small gas-fired combined heat and power (CHP) systems under 1MWe, according to Michael Brown, Director at consultancy Delta Energy & Environment (Delta-ee) and former Executive Director at COGEN Europe. Delta-ee's projections see annual deployment of around 1.5 – 2.0 GWe for CHP projects in the 0.4 – 5.0 MWe size, and up to 1.5 GWe for projects in the 10 – 400kWe size by 2020.
Rather than sourcing flexibility from part-loaded conventional generation, Wärtsilä Power Plants believes that electricity markets should embrace high efficiency peaking and load-following power that can rapidly ramp up from standstill to provide the super-fast flexibility needed to balance large fluctuations of wind and solar power, says Melle Kruisdijk, Wärtsilä's Market Development Director for Europe.
Charles D Lamb Energy Center – a 103 megawatt (MW) gas-fired peaking plant – will be built to replace purchase contracts and meet energy demand growth in the US state of Oklahoma, the investor Oklahoma Municipal Power Authority (OMPA) said in an informational meeting.
Black Hills Corporation has begun construction of its new 132MW gas-fired Cheyenne Prairie Generating Station, located five miles (8km) southeast of Cheyenne, Wyoming. The plant will include one simple-cycle combustion turbine unit and one combined-cycle unit. It is scheduled to begin commercial operation in the fourth quarter of 2014.
SSE has called gas-fired generation in the UK "barely profitable, if at all" in its annual report for the 2012/13 fiscal year, due to spark spreads throughout the year being "stubbornly low, if not negative." The company said that a combination of minimal economic growth, a sustained fall in underlying energy demand and high wholesale prices were largely to blame for the difficult environment facing gas-fired power generation.
Singapore's Semcorp Industries is considering delaying a planned expansion of its gas-fired power capacity on Jurong Island due to concerns over the risk of oversupply or power generation capacity.
Singapore-based Sembcorp Industries has officially opened its $1billion gas-fired Salalah Independent Water and Power Plant (Salalah IWPP) in Oman on Sunday. The plant provides electricity (445MW net) and water (69,000 cubic meters a day) to the government-owned Oman Power and Water Procurement Company under a 15 year power and water purchase agreement.
Toshiba Infrastructure South America Ltd (TIC-SA) has expanded production of electricity transformers in Brazil, "Renewable energy sources need transformers to connect with existing grid [and] this need will show a solid rise in emerging nations [such as Brazil] with its high growth rates," Atsushi Ido, Toshiba representative told Gas to Power Journal.
National leaders in the EU and the Commission are confronted with a trade-off between keeping energy prices high to encourage greater energy efficiency or taking measures to lower prices to help ease pressure on consumers and support Europe's energy intensive industries, the EU's Energy Commissioner Günther Oettinger told the European Parliament during a debate in Strasburg on Tuesday.
Saudi Electricity Company (SEC) has awarded Siemens Energy two contracts valued at approximately SAR1 billion ($266 million) for the supply of five SGT6-2000E gas turbines to power stations in the Rafa, Rafha, Qurayyat and Arar areas as well as for the construction of the Al-Kharj-2 substation.