Bangladesh's independent power producer Summit Power Ltd. has signed several deals with General Electric (GE) and China National Electric Engineering Co. (CNEEC) to build a 335 MW dual-fuel power plant near the capital Dhaka. The plant will run on natural gas as well as on oil, the operator Summit Power said.
Toshiba JSW Turbine and Generator Pvt., a Toshiba Group company based in Chennai, India, has won a contract worth US$470 million to supply of three 800 MW supercritical steam turbine and generator island packages to NTPC, India's largest state-owned energy service provider. Delivery of the equipment will start in 2013, Toshiba JSW said today.
The German power market is undergoing a transition in generation capacity on the supply side, while demand growth remains subdued, the French investment bank Societe Generale said. "2013 will be a key year for new build, but retirement decisions will be a key strategic variable as early as this year," the bank said in a special report.
Indonesia's state electricity company PLN has halted operations at six gas-fired power plants as it is struggling to obtain sufficient gas supplies from the Tangguh Field. "Some of PLN's power plants have not received gas supply [at all]," PLN chief executive Nur Pamudji told local reporters today.
Siemens has bought the majority stake in Marine Current Turbines Ltd. (MCT), a Bristol-based developer and builder of tidal power systems. The target is "to secure a leading position in this future business," it said today.
Advanced Power has stopped the development of its 1,200 MW gas-fired combined-cycle gas turbine (CCGT) power plant project in Wustermark, Germany, after local authorities in Brandenburg had rejected a local land-use plan.
HOCHTIEF Energy Management and its partners, Augsburger Leasing and 2G-Energietechnik, have developed a full service solution which allows the flexible deployment of combined heat and power (CHP) units built in container style.
Capston Turbine Corporation, a clean technology manufacturer, has ventured into the Asian-Pacific market with the sale of its first microturbine in the Philippines. Capstone said its Asian-Pacific distributor, Sobono Energy, secured the order and will supply and commission the C800 Power Package this spring.
Siemens has received the German Industry's Innovation Award for developing the H-Class gas turbine (SGT5-8000) with a world record efficiency of 60.75 percent. Including the test phase, development of the SGT5-8000H gas turbine "lasted a good 10 years", with investments costs at approximately one half billion euros, the Erlangen-based turbine manufacturer said.
Inter RAO UES, a Russian state-run power generator and exporter, and the Germany utility RWE are holding talks over establishing a joint venture power plant company. The JV would oversee the operation of existing and new coal- and gas-fired power stations in Germany, the Benelux countries and the UK.
Statkraft today said it will not replace a gas-fired power plant in Emden, north-west Germany. "By mothballing the plant and reducing the staff, combined with the completion of Knapsack II, Statkraft will achieve a more competitive gas power portfolio in Germany," Statkraft CEO, Christian Rynning-Tønnesen, said.
Pöyry Energy Consulting calls for a marked-based alternative to introducing formal capacity payments under the UK Electricity Market Reform (EMR). "Market-traded reserve products combined with imbalance prices could deliver a better outcome to support flexible power generation capacity," James Cox, Principal Consultant at Pöyry Energy Consulting told 'Gas-to-Power Journal'.
General Electric (GE) has secured a contract to supply equipment and services for a new 900 MW gas-fired power plant in southern Turkey. GE said it will supply the plant with two Frame 9FB Gas Turbines and three generators and has also has signed a 12-year service agreement.
French investment bank Société Générale recommends selling the Summer 2012 contract for natural gas traded at the British National Balancing Point (NBP), forecasting additional deliveries of Russian gas in over the coming months will leave markets oversupplied.
Qatar Electricity & Water Company (QEWC) has bought a 23.3% stake in the Jordan combined-cycle gas-fired Amman East power plant from IDB Infrastructure Fund, an infrastructure fund managed by EMP Bahrain.