Rurelec has agreed terms with Independent Power Corporation Plc. (IPC) to buy a 50% state of Central Illapa SA, a Chilean project company developing a 250 MW open-cycle gas turbine (OCGT) gas-fired peaking plant in Mejillones, Chile.
Enerjisa is on the lookout for opportunities to increase gas import volumes as it aims to more than double its power generation capacity to 8 GW to reach a minimum market share of 10% by 2020, a Turkish market source told Gas to Power Journal.
Plans of US-based Air Products to build a 50 MW waste-to energy plant near Billingham, Teesside in north-west England, have advanced with the award of a site preparation contract.
The Netherlands have become the largest importer of Germany's rising surplus of intermittent power supply. Net exports to the country amounted to 17.5 TWh between January and October last year, according to data published by the German energy association BDEW.
The first capacity auction in the UK, to be held in 2014, will be on Demand Side Management (DSM) and not power generation capacity. "The potential prioritisation of these technologies could, depending on the volumes and prices auctioned, materially reduce the need for subsequent auctions for new build gas to power assets," warns Jim Fitzgerald, associate partner at The Advisory House.
To restore the competitive of natural gas against coal as a fuel for power generation, coal prices by would have to rise almost $80 to reach levels over $160 per tonne, according to Deutsche Bank analysts.
Weak economic growth forecast, reduced power consumption and rising renewable power supply amid new solar PV installations, "clearly point to sustained difficulties for German [conventional] generators during 2014," Société Générale analysts forecast.
The German government has allocated a €750 million budget to underpin its objective of raising the market share of Combined Heat and Power (CHP) installations to 25 percent by 2020.
Operational start of two gas-fired combined cycle power plants (CCGTs) at a cost of nearly 4.7 trillion rials ($383 million) is set to boost Iran's power generation capacity by 650 MW.
The world's largest tri-fuel power plant, Amman Asia Electric Power's power plant in Al Manakher, Jordan, will be serviced by Wärtsilä under two long-term agreements.
Unfavourable market conditions and persistent policy uncertainty has reversed growth in the Dutch Combined Heat and Power (CHP) sector following a period of rapid growth in the 1990s, industry association COGEN Europe said in a report published today.
Green Field Energy Services, Inc. has signed a global supplier agreement with GE Oil & Gas to deliver low-cost, gas burning power generation solutions to enhance oil and gas upstream operations and hydraulic fracturing.