Though project financiers see more and more decentralised gas-fired projects mushrooming in China, Asia's fastest growing economy will continue to dent the bulk of its energy needs by burning coal, projects financiers and lawyers agreed at a panel debate in Bangkok today.
A new circulating fluidised bed (CFB) boiler was introduced by Alstom at Power-Gen Asia in Thailand, Wednesday. The unit offers 660 MW or more in output, based on the type of fuel used, and relies on the efficiency of ultra-supercritical (USC) steam conditions and the flexibility of circulating fluidised beds.
Saudi Arabia is set to burn more of its domestic gas resources to generate power as it invests $109 billion to increase alternative and renewable energy sources. "Over the past two years we have seen a renewed commitment to alternative energies by the Saudi government," James Fallon, Saudi analyst at Control Risks said speaking to Gas to Power Journal.
Coal is set to overtake natural gas as it emerges as the "fuel of choice" in Southeast Asia due to its relative abundance and affordability, as the region's power demand is nearly doubling over the next two decades, forecast Yerim Park, Programme Officer - South East Asia, International Energy Agency (IEA).
The pace of depletion of Thailand's gas resources is concerning policy makers as it puts power supply security at risks and threatens to lead to high costs for gas and power imports. "If we do nothing, our energy import dependence will top 95% by 2030," Dr. Twarath Sutabutr, deputy director general at Thailand's Department of Alternative Energy Development and Efficiency warned, singling out renewable energy and interconnectors a key solutions.
A new €66 million combustion test centre for gas turbines is under construction in Berlin by Siemens. The German multinational is building the research and development facility to study efficiency in the combustion process and devise future improvements.
Single-cycle gas combustion turbines play a vital role in ensuring US energy security, accounting for up to 27% of peakload power supply, according to new analysis by the U.S. Energy Information Administration (EIA). Single cycle turbines contributed 121 gigawatts of power and accounted for 3% of overall electricity generation in 2012.
The US government shutdown looks set to weaken the ability of legislators to regulate energy policy related to natural gas as uncertainty hangs over the world's largest economy. "It reflects very poorly on the government's ability to pass legislation and this will have an impact on their ability to implement future energy bills," Trevor Sikorski, lead analyst at Energy Aspects told Gas to Power Journal.
Oct 1 - The Spanish government has halted work on the Castor offshore submarine gas storage plant following more than 200 minor earthquakes nearby, off the eastern coast of Valencia.
The Castor facility is one of the country's biggest investments in gas infrastructure and is meant to cover 30 percent of Spain's daily gas consumption. It was the first European project to issue so-called "project bonds".
Pavilion Gas, the LNG unit of Singapore's state-owned investment company, plans to boost its existing S$1bn investment in the sector with a view to start LNG trading in the region within three months. "I believe we have what it takes to attract growing LNG volumes into Asia, and will be in a position to set LNG prices in the region." Seah Moon Ming, chief executive of Pavillion said, suggesting this may lower prices.
Nigeria has completed the bulk of the privatisation process of Power Holding Company of Nigeria (PHCN), dividing the incumbent into six generation and 11 distribution companies – all sold separately, for close to $2.5 billion.
Proposed reforms to the Mexican energy sector are set to increase domestic gas supplies and spur gas-fired power generation. Despite having the sixth largest gas reserves in the world, Mexico suffered gas shortages has to imports 2.1 billion cubic feet of gas per day (Bcf/d).