Daily News

General Electric (GE), the US-based engineering company, has signed contracts totalling nearly $300m with the Saudi Electricity Company (SEC) to expand six power plants in Saudi Arabia. The contract stipulates GE to provide 13 gas turbines and associated services to the plants with the aim of increasing electricity supply in Saudi Arabia by 800MW by summer 2013.

Vogt Power International, a subsidiary of Babcock Power, announced it will supply heat recovery steam generators (HRSG) to Siemens Energy Inc. for the Termozulia power plant project in La Canada de Urdaneta, Venezuela. The primary fuel for the plant will be oil with moderate natural gas firing.

RWE has confirmed to 'Gas-to-Power Journal' today that is considering divesting stakes in German power plants and splitting-off and selling of parts of the company.

Annual gas demand of natural gas in seven core European countries - UK, Germany, Italy, France, Spain, Netherlands and Belgium – is forecast to plunge by fall by 44 Bcm year –on-year, or 10.7%, to 370 Bcm in 2011, Deutsche Bank said in a report.

Siemens has won an order to supply a natural gas-fired Tuaspring combined-cycle power plant (CCPP) in north-western Singapore to Hydrochem Ltd, a subsidiary of Hyflux. The 411 MW gas-fired power plant is scheduled to start operations 2014, is part of the largest seawater desalination facility Tuaspring in Singapore, Siemens told 'Gas-to-Power Journal' today.

Nigeria's government is eager to fast-track its long debate 'Gas Master Plan' by backing the creation of public private partnerships (PPP) as investment vehicles for the construction thermal power plants in the Niger Delta and western Nigeria. The minister of petroleum, Diezani Alison-Madueke today reinforced the government's commitment of "Repositioning Nigeria as the regional hub for gas based industrialisation.

European utilities are profiting from a rebound in a power prices and production margins, Societe Generale commodity analysts said, estimating that between 20% and 50% of hedge for 2012 has been achieved by higher generation margins post Fukushima. "Some utilities have delayed their hedging strategy and will thus benefit from higher margins post-Fukushima that should flow into the accounts as soon as 2012," the bank said in a recent report.

General Electric (GE) will supply Russian power plant with a 109FA combined-cycle system under an upgrade and long-term service agreement. The expansion will add 400 MW of electricity output to the gas-fired plant, GE said.

Britain's first large-scale pilot coal-fired power project with subsequent carbon capture storage technology – has been launched late Wednesday in Ferrybridge, West Yorkshire. Coal + CCS is seen as an alternative to gas-fired power generation.

RWE/Turcas' Denizli power plant is expected to be commissioned by the end of 2012 as planned, Dr. Ralph Jaeger, CFO of RWE Turkey said today. Speaking on site, Jaeger gave an updated on the progress of the Denizil natural gas combined cycle power plant (CCGT) and said the construction was "on schedule".

After a series of severe power shortages in Japan, the Tokyo metropolitan government is now gearing up to close the power generation gap by building 60 large-scale gas-fired power plants.

Retail power prices in China will rise starting Thursday this week, China's National Development and Reform Commission (NDRC) announced today.

International Energy Agency's Executive Director, Maria Van der Hoeven sees "golden prospects for natural gas. However she urged the gas industry in Riyadh today to step-up security standards in unconventional gas production.

Coal is forecast to increase in its competitiveness against gas, Société Générale said in a research note on Tuesday. "Demand for imports [of coal] will in our view keep on increasing, even if more slowly," analyst Emmanuel Fages said with reference to the expected recession in the Eurozone throughout 2012.

Norway's Statkraft Markets will decide on whether to shut down operations of two gas-fired power plants in Germany in February 2012, Jürgen Tzschoppe, head of the Norwegian utility's German subsidiary Statkraft markets told 'Gas-to-Power Journal' today.

News in Brief

ABB microgrid makes Indian villages energy self-reliant

May 17 – ABB’s MGS100 microgrid is helping some 39,000 homes and shops in remote regions in India to become energy independent, relying solely on renewable power sources and energy storage. Together with Husk Power Systems, ABB developed the MGS100 microgrid using wind and solar power to reduce household energy costs by up to 40% and improve productivity in 85% of factories and small businesses.

J-ENG develops new biofuel engine

May 16 – Japan Engine Corp. (J-ENG) has started to cooperate with Nippon Yusen Kaisha (NYK Line) to research and development a test engine running on biofuel. The new engine is designed for use in the maritime sector and is likely to be re-calibrated at a later stage for use in small-scale power generation applications.

‘Smarter E-Europe’ conference opens doors in Munich

May 15 – Today, the 2019 “Smarter E-Europe” conference and trade show is opening its doors to visitors in Munich. At the exhibition, Siemens is presenting decentralized energy solutions based on renewables and intelligent energy management systems for buildings, infrastructure and industry. Expert presentations on transforming the energy system, renewable integration and storage technologies can be seen at Siemens’ exhibit at Booth 110 in Hall B2.

Marubeni buys stake in U.S. distributed energy firm

May 14 – Japan's Marubeni Corp. has invested an undisclosed sum to buy an equity stake in GridMarket, a U.S.-based provider of development services to distributed energy resources (DER). Using proprietary analytics and machine learning, GridMarket’s distributed energy project platform helps utilities by recommending best-fit solutions like battery storage, solar PV, fuel cells and combined heat and power. By cooperating with GridMarket, Marubeni expects to identify cost-effective projects and source best-fit technologies for its own DER network in North America and Japan.

Global RES additions stall after 20-year growth

May 13 – The International Energy Agency (IEA) has reported an “unexpected flattening of growth trends” in the deployment of renewable energy sources (RES) deployment that raises concerns about meeting long-term climate goals. After two decades of strong annual growth, renewable energy developers around the world added as much net capacity in 2018 as they did in 2017.

RWE cancels €1.5bn coal power project

May 10 – The German utility RWE has decided to no longer invest in any coal-fired power projects and has cancelled a planned €1.5 billion ($1.68bn) lignite-fired power plant in Niederaussem, Germany. Instead, the utility is accelerating its transformation to renewables, energy storage and gas-fired generation through an asset swap with Europe’s largest utility, E.ON.

China’s CPECC to process gas from Iraq’s Halfaya oilfield

May 9 – Iraq and China Petroleum Engineering & Construction Corporation (CPECC) have signed a $1.07 billion deal to build and operate facilities to process natural gas extracted alongside crude oil at Iraq’s giant Halfaya oilfield. CPECC, an affiliate of China National Petroleum Corporation (CNPC), will process around 300 million standard cubic feet per day (mcf/d) of natural gas extracted from the field alongside crude oil, the oil ministry said.  Halfaya, operated by PetroChina, is Maysan Oil Company’s largest oilfield, producing 370,000 barrels per day (bpd) of the company’s total output of around 510,000 bpd.
Iraq continues to flare some of  gas extracted alongside crude oil but the Iraqi oil minister Thamer Ghadhban told Reuters Iraq is in talks with international oil companies to build a 300 mcf plant to process gas from the West Qurna 2 and Majnoon oilfields.

Chiyoda to get large cash injection

May 8 - Following losses of nearly $1 bill on an liquefied natural gas (LNG) plant project in Louisiana, Japanese construction company Chiyoda is to get a $1.4 bill cash injection. The company suffered a $953 mill loss in the six months to 30th September, 2018 after costs spiralled on the $10 bill Hackberry LNG plant in Louisiana, largely, due to escalating labour costs, it was claimed. Chiyoda was expected to record a net loss of about $1.4 bill for the fiscal year to March. Mitsubishi Corp, which owns a 33.4% stake in Chiyoda, and the Mitsubishi UFJ Financial Group, have agreed to provide capital while the company implements a rescue strategy, according to the Nikkei Asian Review.

Siemens, TÜV SÜD partner on digital energy security

May 7 – Siemens and the German technical verification association TÜV SÜD have come together to address the growing risk of cyberattacks on critical infrastructure, notably in the energy sector. The companies will digitally asses industrial control systems in both the oil and gas and power generation sectors (nuclear applications excluded). All tests will be vendor-agnostic.

UK ‘can cut emissions to net-zero’ by 2025

May 6 – Advisors to the British government have urged the Cabinet to “set and vigorously pursue” a new target to cut greenhouse gas emissions to ‘net-zero’ levels by 2050, replacing the current target of an 80% reduction against 1990 levels. The the Committee on Climate Change, which published the report, believes the new target could be achieved within the same cost-framework as the current more lenient goals.

Iraq’s gas imports from Iran bound to rise in June

May 2 – Iraq has no alternative to importing more Iranian gas to meet peak summer demand, the country’s electricity ministry said. He specified that halting imports would cost Iraq’s power grid 4,000 MW per day. Some 14 GW of Iraq’s installed capacity is run on domestic gas, and supplies from Iran keep an additional 4GW operational. “Until now, we have no alternatives to Iranian gas,” a spokesman of the energy ministry said, adding imports from Iran are expected to increase in June from currently 28 million cubic metres per day to 35 MMcm/d.

Waukesha gas engines delivered to CHP in East Germany

May 1 – INNIO’s authorized partner, S&L Energie-Projekte, has provided four packages of INNIO’s Waukesha VHP 9394GSI gas engines for a CHP, operated by the municipal utility of Lutherstadt Wittenberg in eastern Germany. The modernized district heating plant is claimed to achieve an overall efficiency above 95%.

Burns & McDonnell oversee commissioning of fast-ramp plants in Michigan

April 30 – Two quick-ramp gas power plant projects in Michigan, overseen by Burns & McDonnell, are now commissioned and in full commercial operation. Both the F.D. Kuester and A.J. Mihm generating stations are powered by 18-MW, gas-fueled Wärtsilä 18V50SG reciprocating engines. The two plants have a combined 180 MW in generating capacity.

Gazprom advances start of ‘Power of Siberia’ link

April 29 – Russia’s Gazprom is preparing to start injecting natural gas into the ‘Power of Siberia’ pipeline to China in Q3-2019. Preparations are “going according to schedule”, Gazprom chairman Alexey Miller told CNPC chairman Wang Yilin at a working meeting in Beijing.

Siemens to focus on energy transition at OTC 2019

April 26 – “Navigating the new normal” in the oil and gas industry - against the backdrop of the global energy transition - is in focus of Siemens’ exhibit at the 50th annual Offshore Technology Conference (OTC). The event will be held in Houston, Texas, on May 6-9.

Norway’s sovereign fund invests $14bn in renewables

April 25 – The Norwegian Government Pension Fund Global (GPFG) has been given permission to invest up to $14 billion in unlisted renewables. Norway’s finance minister, Siv Jensen, said the new approach was based on financial rather than environmental considerations. Moreover, Norway’s GPFG decided to tighten its coal criteria, which will lead to the divestment of large mines and coal-exposed power companies.

Smart grid market to top $70bn by 2027

April 24 – The global Smart Grid Market is expected to reach around $70 billion, growing at an annual rate of 15.56% in the coming years through to 2027.North America is forecast to see the largest revenue growth, according to ResearchNester, while Europe also shows promising growth in smart grids due to high awareness for decentralized power generation, battery storage and conserving energy.