Energy intensity in the US will continue its steady decline since the 1970s through 2040 mainly due to greater efficiency and structural changes in the economy, projections from the US Energy Information Administration (EIA) show.
Operating results for RWE Generation are in the doldrums but CEO Peter Terium painted an even darker picture for the time after 2013. He based his estimates on German forward prices for 2014 and 2015 which currently stand at €42 per megawatt hour – well below the prices achieved in 2012.
India's GMR Group has sold its 70 percent interest in GMR Energy (GMRE), the biggest stakeholder in Island Power Project, a gas-fired power plant on Jorung Island, to FPM Power Holdings for S$660 million ($530 million).
Genalta Power CEO Graham Illingworth told Gas to Power Journal that its new produced-gas-to-power plant in Alberta which help reduce gas flaring by making use of the gas associated with Shell's bitumen production in its Peace River oil sands leases.
Minnesota Power, a subsidiary of ALLETE Inc., has released plans calling for a decrease in coal and an increase in natural gas and renewable energy sources in its future power plant portfolio. The company currently generates about 80 percent of its power from coal but envisions a long term target of one third coal, one third renewable, and one third natural gas and other power generating capacity.
GE and the Sakhalin provincial government today signed a Memorandum of Understanding (MoU) to jointly develop power generation projects with a view to improving the energy security of Sakhalin Island, Russia's largest island which relies heavily on oil and gas exports.
As part of the accord, GE will deliver and install two LM2500+G4 aeroderivative gas turbines for the 60-megawatt Nogliki project which is currently under development.
Johnson Matthey's Stationary Emissions Control (SEC) LLC announced that it has sold oxidation or CO catalysts with a combined capacity of more than 2 GW within 2 years, for simple and combined-cycle gas turbine applications.
Los Angeles will stop using electricity generated from coal-fired power plants by 2025, pledged Mayor Antonio Villaraigosa. "In a couple of weeks, I will be signing agreements to get completely out of coal by 2025," he said at an event sponsored by the UCLA's Institute of the Environment and Sustainability.
Fears that Britain might face a severe energy shortage intensified last night after British Gas dropped plans to build four nuclear power plants, deemed vital to fill the gap left by the scheduled decommissioning of ageing fossil power plants, a committee of MPs warned.
Japan will require significant investment in its natural gas infrastructure to cope with the increase in demand following the Fukushima nuclear incident which propelled up the power sector's share in national gas demand from 60 percent to 65 percent, according to a report by the International Energy Agency (IEA), published under the lead of Warner ten Kate, Senior Gas Expert.
Growth in the Asia-Pacific gas turbine market is driven by rising demand for eco-friendly cogeneration combined cycle power plants (CCPPs) as utilities and independent power producers are increasingly concerned about global warming and greenhouse gas emissions, analysis from Frost & Sullivan finds.
Emerson Process Management has replaced the controls on the Nikiski Generation Plant's GE Frame 6B gas turbine with its Ovation control technology. The replacement of the controls was part of phase one of a two phase initiative to increase generation capacity with a minimal increase in fuel consumption by converting the 40MW simple-cycle power plant into a 60MW combined-cycle facility.