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Daily News

The Indonesian government is committed to spending $99 million on a 50MW gas-fired plant to power the new Teluk Lamong Multipurpose Terminal at the port of Tanjung Perak in the city of Surabaya. The EPC contractor PT Rekayasa Industri will realise the project on behalf of the state-owned port operator, PT Pelindo III.

Japan is on the verge of losing its status as the world's biggest LNG buyer, as imports of natural gas fell sharply in H1'2013 amid reduced demand from power producers on the eve of a restart of the country's nuclear reactors.

Vitol, one of the world's top oil traders, has completed the purchase of its first power plant asset – the 1,240MW gas-fired combined heat and power plant in Immingham, northeast England, in a strategic move to expand its physical portfolio.

A surge in US spot gas prices by 40% to 60% during the first half of this year, an a subsequent nationwide rise in power prices, has helped coal to regain market share in the American energy mix. As operators had to pay more for the gas to fuel their plants, on-peak, day-ahead wholesale electricity prices increased uniformly throughout the continental United States, excluding prices in the non-contiguous states of Alaska and Hawaii.

Rapid uptake in flexible renewable energy units in Germany will help reduce the risk of negative power prices and limits the need for fossil plants to provide backup capacity, a study published by the Fraunhofer Institute for Systems and Innovation Research (ISI) found.

American power equipment manufacturer Emerson Process Management has upgraded the Oviation control systems at EnergyWorks' combined heat and power (CHP) plant in Cartagena, Spain, completing the migration project during a 10-day scheduled outage without interrupting the supply of steam to a neighbouring factory.

US electric utilities can reduce their costs, risks and losses by investing in small-scale fast-ramp combined heat and power (CHP) plants "in a piecemeal fashion" at strategic locations to help mitigate supply constraints to the power grid at times of peak demands, suggests Anna Chitum, senior policy analyst at American Council for an Energy-Efficient Economy (ACEEE).

Profit margins in the European power market "will not recover in the foreseeable future," the Swedish utility Vattenfall said today when announcing a €3.5 billion write-down and a split of business operations into Nordic and continental European segments as of 1 January 2014.

Electricity prices in Long Island, New York have surged to record highs of up to $850 per megawatt hour (MWh), accelerated by demand for air conditioning brought on by temperatures as high as 97 degrees. New York City exceeded its 33,939MW all-time peak in power demand, reaching 34,600MW on July 19, the US Energy Information Administration (EIA) said in its latest North-eastern Summer Electricity Market Alert. 

Germany's second largest utility RWE gears up to save "at least €500m per year" in costs at its power generation unit, in a move aimed at balancing losses incurred from falling wholesale power prices and reduced run-time hours of its fossil power plant fleet.

With European power prices caught in a downward spiral, utilities like Franco-Belgian GDF Suez or Germany's EnBW, E.on and RWE will resort to "more capacity closures", forecasts JP Morgan Cazenove.

As part of a 'smart grid' feasibility study, energy storage company ITM Power has launched an upgrade to its hydrogen-producing HGas electrolyser on the Isle of Wight, UK to allow more solar and wind power to come on the grid safely. Sponsored by the UK government, the study examines how HGas electrolyser units produce hydrogen gas from surplus renewable power that utilities can sell as fuel to natural gas consumers and power plants.

News in Brief

Mott McDonald starts construction on ALCP6

Oct 20 – US construction firm Mott McDonald has started building the ALCP6 waste to energy project in Krabi province, southern Thailand. The plant will incinerate 144,000 tonnes per year of municipal solid waste, and the heat obtained will be converted into 6 MW of electricity to be exported to the Thai national grid.

Brace for EU sustainable finance rules

Oct 19 – Sustainable finance practices, drawn up by the European Commission, could create a "bureaucratic monster" that smaller companies and energy investors would find overbearing, the Munich-based Institute for Economic Research (ifo) warned. The regulation should hence prioritise closer scrutiny of large and listed companies.

UK could become net power exporter

Oct 16 – Increased interconnection could provide a route for excess offshore wind power in Britain to be consumed elsewhere in Europe. National Grid Interconnector Register shows up to 16 GW of interconnection could be operational by 2025 and up to 25.4 GW by 2030.

Wärtsilä to deploy GridSolv in US city

Oct 15 – AEP OnSite Partners has contracted Wärtsilä to deploy its GridSolv Quantum energy storage in the city of Martinsville, Virginia. The system includes an UL9540A limiting 2-hour battery firewall and will help lower the city’s energy costs.

Rolls-Royce spends $13.9m in Mankato

Oct 14 – Britain’s engine maker Rolls-Royce has decided to invest nearly $14 million in its Power System business to build a new R&D centre at its MTU manufacturing plant in Mankato, Minnesota, US. The expansion will see 28,000 square foot added to the facility’s existing hall, making room for the production of high-power MTU gas gensets, enhanced product testing and the creation of 20 new manufacturing positions.

Clarke commissions Vitalait power unit in Tunisia

Oct 13 – Clarke Energy and INNIO Jenbacher have completed the commissioning of an onsite power plant of a milk producer in Tunisia. The installation of another Jenbacher gas engine has increased the plant’s output to 4 MW of electricity as well as 1,100 kW of hot water and 800 kW of steam.

Secondary battery market to top $55bn

Oct 12 – Technavio expects the secondary battery market to grow by $55.62 billion through 2024, rising at an 11% rate over the forecast period. Falling costs for lithium-ion batteries as well as growing demand in Asia Pacific allowed the market to grow 2.01% this year, despite adverse effects of the pandemic. Top battery suppliers are Tesla, Clarious, Exide, LG Chem, GS Yuasa and Samsung.

Shift to sustainable tech

Oct 9 – Three quarters of utilities, surveyed by EIT InnoEnergy, are considering adopting sustainable technology over the next 12-18 months. However, over one third of the respondents found it hard to recruit the skills they need.

Generator rentals slow

Oct 8 – The rental market for power generators has slowed down due to the pandemic, with genset rentals from the oil and gas industry forecast to grow by just $153.87 million this year. However, Technavio expects the market will return to a 3% annual growth rate by 2024.

GE upgrades Italian CHP

Oct 7 – GE has completed an axial fuel staging upgrade on its 9E gas turbine at an onsite combined heat and power (CHP) plant at the Milazzo refinery in Sicily. The entire electricity needs of the refinery, over 780 GWh in 2019, will soon be supplied by the upgraded and more flexible gas turbine.

Operating assets ‘from anywhere’

Oct 6 – GE Digital’s latest software gives electric utilities remote and mobile control over their power stations for remote start-up, external monitoring and operational fine-tuning. The goal is to safe cost through autonomous operation from any location.

Chart wins order from New Fortress Energy

Oct 5 – Chart Industries has secured a second leasing order, worth $7.7 million, for ISO containers for LNG applications from New Fortress Energy for a project in the Caribbean. The US equipment maker sees double digit near-term growth in its repair, service and leasing business, notably from growing demand for LNG equipment for infrastructure.

Siemens energises Togo

Oct 2 – Siemens Energy has delivered a SGT-800 gas turbine and other components for the Kékéli Efficient Power plant project. Located in the Togolese capital Lomé, the 65 MW plant will cover almost 40% of country’s expected electricity demand.

Batteries get cheaper

Oct 1 – Cost for battery production is falling rapidly as manufacturers bring large Gigafactories on-line. By 2030, Bloomberg New Energy Finance anticipates battery pack prices to drop to $73 per kilowatt-hour, down from a current volume-weighted average of below $270/kWh.

Barclays may help fund Rolls-Royce

Sept 30 – UK’s prime engine maker Rolls-Royce is understood to be close to getting fresh financing from Barclays Bank. The Derby-based company, however, insists no final decision has been taken on the precise amount that may be raised or any allotment of shares to any investor.

Petronas to truck LNG to off-grid users

Sept 29 – Petronas Dagangan Group is gearing up to build a LNG truck delivery service for off-grid customers in Peninsular Malaysia. Trucks fitted with cryogenic tanks will bring the super-chilled fuel to remote industries and small-scale power generators with no access to the natural gas grid. Malaysia’s Peninsular Gas Utilisation (PGU) pipeline is only 2,500 kilometers in length and was initially built to export gas to Singapore.

Siemens to reduce emissions at NLNG

Sept 28 – Nigeria LNG has contracted Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its liquefaction plant on Bonny Island. The new BOG train will be driven by an high-efficiency electric motor and includes two compressors. Manufactured in Duisburg, Germany, the equipment will be delivered in the fourth quarter of 2021.

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