India's Central Electricity Agency (CEA) has spoken out against the construction of any new gas-fired power plant in the country until 2015-16, as restrained domestic production of natural gas is hampering reliable gas supply for power generation.
Gazprom affiliate JSC "OGK-6", Russia's Sixth Wholesale Power Market Generating Company, is forging ahead with large-scale investments in gas-fired power generation projects in Russia. The total investment program will lead to a capacity increase of 810 MW by the fourth quarter of 2014, OGK-6 said.
Russia's largest combined-cycle gas turbine (CCGT) unit started full commercial operation at the Kirishskaya GRES power plant, reaching the nominal planned power production capacity of 800 MW late Friday.
California Public Utilities Commission (CPUC) has approved a resolution on ordering California's three investor-owned utilities (IOUs) - Pacific Gas and Electric, Southern California Edison and San Diego Gas & Electric - to finalise the contract with Calpine Corporation's Sutter Energy Center within the next 30 days.
Poweo, an independent French power and gas company, today posted a net loss of €63.4 million in 2011, incurred primarily by losses in its power generation business. Revenue from power generation revenue dropped from €185 million in 2010 to €124 million last year due to unfavourable profit margins at its CCGT power plant at Pont-sur-Sambre (412 MW).
Natural gas consumption in India and China has witnessed annual growth rates of 14% and 18%, respectively, over the last five years. Inaugurating the 7th Asia Gas Partnership Summit, in New Delhi today, India's Prime Minister, Dr. Manmohan Singh highlighted the role of gas as "an efficient fuel for power generation".
Operators of gas-fired plants should be allowed to resell natural gas hubs back to virtual trading hubs as a way of offering demand-side responses on balancing platforms, Eurelectric said in a gas strategy paper today.
Mitsubishi Heavy Industries (MHI) has received orders for ten M501J gas turbines for installation at four power plants in South Korea. The order from South Korea marks the first for the J-Series gas turbine from overseas, MHI said today.
Electricity prices in Turkey have surged as markets are concerned about a looming reduction in Russian gas supply as well as bottlenecks in the country's gas transmission infrastructure, energy traders told ‘Gas-to-Power Journal’.
Tata Power has emerged as India's largest private sector power generating company as the start-up of the second unit (525 MW) of its Maithon Mega Power Project in Dhanbad lifts the company's overall power generation to 5,297 MW.
E.ON, the world’s largest utility by sales, is not planning to mothball any of its gas-fired power plants in Germany, despite the negative impact of oil-indexed gas purchase on the economics of operating power plants, a spokesman said today.