×

Warning

JUser: :_load: Unable to load user with ID: 1371
Daily News

Japan's Prime Minister Shinzo Abe has won a majority in the upper house, ending a political stalemate as he now controls both houses of parliament. The reshuffle paves the way for Japan to return to nuclear power, in a move poised to curb LNG imports and reduce the share of gas for power generation.

A heat wave in North Asia has spurred LNG demand for power generation amid rising use of air conditioning, with buyers rushing to increase gas inventories to cover summer spot requirements.

Nasdaq-listed Global Power Equipment Group (GLPW) has won an order worth $4million (25 million renminbi) to supply intake systems for the two unit Gaoantun power plant, located near the Chinese capital Beijing.

GDF Suez Energy North America has awarded Alstom a long-term service contract worth $480 million to enhance the flexibility of its power plant fleet in the US.

Japanese telecoms and energy provider SoftBank Group and American fuel cell producer Bloom Energy have formed a 50/50 joint venture, Bloom Energy Japan, to start selling distributed installations for base-load power. Bloom Energy Servers are based on gas-fired solid oxide fuel cell (SOFC) stacks, with a net base load power output of 200kW.

UK Chancellor George Osborne has granted tax breaks to shale gas developers of more than half the amount they pay on profits, in an effort to kick-start shale gas drilling to boost Britain's domestic supply of gas for power generation.

In an effort to curb energy bills, Japan's Ministry of Economy, Trade and Industry is using Kitakyushu City as a test bed for a hydrogen storage system integrated with controller software, solar panels and industrial CHP (Combined Heat and Power) backup. The City of Yokohama, Toyota City, and Keihanna are also part of the Japan Smart City Portal experiment, which began in 2010 and ends in 2014.

Slashing the financing granted for coal-fired power projects is part of the World Bank's new energy strategy. "Only in rare circumstances" will the bank support new greenfield coal power generation projects, World Bank President Jim Yong Kim said, while the help for natural gas projects will be scaled up.

ABB has won an order worth $30 million from Zagros Energy to build four substations in the Kurdistan region of Iraq, as part of an initiative to strengthen the reliability of the regional power grid. The project is scheduled for completion in 2014.

Wood Group GTS has completed a maintenance contract worth $2 million for Frame 5 and 6B gas turbines at power stations in Costa Rica and the US. 

The UK Department for Energy and Climate Change (DECC) has published a draft delivery plan for Contract for Differences (CfDs) and the reliability standard of the future Capacity Market to guide how much capacity is auctioned in 2014 for delivery in 2018 to 2019.

Swiss-based operator KTG has selected China's EPC Sepco III Electric Power Construction Corp as the winning bidder to build a 390MW gas-fired combined cycle cogeneration plant in Zenica, Bosnia and Herzegovina.Sepco III was chosen as it offered the lowest price in the tender, bidding to carry out project at a cost 218 million euro ($284.44 million).

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.

House ad Jul2020