Impending reforms of Spain's electricity market will reduce Red Electrica's regulated revenues by up to 100 million euros this year from 1,628 million euros, the TSO said with the aim of limiting downside risk for investors.
The use of fuel cell based micro Combined Heat and Power (CHP) installation is rapidly expanding in Japan, underpinned by government support for decentralised power generation in reaction to blackouts in the wake of the 2011 tsunami, says Scott Dwyer, senior analyst for Micro-CHP at Delta-ee.
The European Commission will open a state aid infringement case against Germany on Wednesday to investigate alleged state aid for the energy-intensive under the country's renewable energies act (EEG), a report in Der Spiegel states today.
Demand from Chinese and US energy companies will spur an expansion of the global stream condenser market for thermal power plants to $3.3 billion by 2020.
Shale gas developments in the UK, given their projected timing and modest production volumes, "in no way changes the critical and pressing nature of UK energy policies" and won't affect gas pricing to help promote peak-load power plant projects, says Howard Rogers, Director of the Natural Gas Programme at the Oxford Institute of Energy Studies (OIES).
Natural gas will ascent to become a leading power source in Texas, competing with and complementing the inherently intermittent renewable energy supply, a Brattle Group study shows.
GE Water & Power will supply the Chinese steel and iron company, Jiangsu Yonggang Group with an innovative blast-gas fueled 7.88MW cogeneration system for its steel mill in Zhangjiagang City. The project marks the first commercial use of blast furnace gas to generate power and heat worldwide, GE said.
The share of coal in Germany's power generation mix has risen to 52 percent in the first-half of this year amid a drop in output from gas-fired power plants and wind turbines, research organization Fraunhofer Institute (ISE) said.
Plans to allow more natural gas exports from the US will become more difficult in two years once the proposed emissions restrictions on existing power plants come into effect, Juscelino Colares, law professor at Case Western Reserve University told Gas to Power Journal.
"Power plants are subject to regulations that are designed to turn them towards fewer emissions, and the way they are meeting them is by switching to [cleaner burning] natural gas," he said calling the process "a very dramatic transformation in the history of the US in the past 6-7 years."
Rio Tinto has selected GE's aeroderivative gas turbines to power the expansion of mining operations at two sites in the remote Pilbara region of Western Australia. Keen to expand the capacity of its Pilbara operations from currently 237 million tonnes per annum to up to 360 million tonnes per annum in 2015, Rio Tinto is implementing Australia's largest-ever, integrated mining project.
Carroll County Energy gears up to investing $800 million to build an 700MW combined-cycle gas-fired power plant, powered by a GE turbine, in Ohio, US. The proposed plant is in a pre-permitting stage, completing environmental surveys, project partners said.
Development banks with a combined annual lending pot of $166 billlion (€130 billion) should stop to support fossil power generation projects, the European Commissioner for Climate Action, Connie Hedegaard has urged.