Industry in South Africa is used to rolling blackouts and load-shedding due to a chronic lack of power generation infrastructure. But Absa Bank expects President Cyril Ramaphosa’s latest move to allow businesses produce up to 100 MW electricity without a generation license will unlock fresh investment in decentralized power plants, reducing reliance on state-run Eskom.
Effective smart grids need to gather, store and interpret vast amounts of data from physical assets which can be facilitated through Ovarro’s latest remote telemetry unit (RTU). The device acts autonomously to maximise the output of decentralized, hybrid power gen assets as the world’s electricity consumption is forecast to surge 70% from 2015-levels by 2040.
Emirates Global Aluminium (EGA) and GE Gas Power have agreed to develop a roadmap to reduce emissions from EGA’s operating fleet of gas turbines by turning to hydrogen as well as carbon capture, utilisation, and storage solutions (CCUS). The aim is to retrofit EGA’s turbines to partially run on clean hydrogen and capture most gas-based emissions.
Italy’s TSO Snam Rete Gas has acquired a stake in pipelines carrying Algerian gas to Italy in a bid to accelerate hydrogen imports to Europe. Snam agreed to pay Eni €385 million for a 49.4% stake in the pipelines that could soon carry green hydrogen from Algeria to fuel Italian power stations and help decarbonise heavy industry.
Gazprom’s management has endorsed the 2022 investment budget of 1,757.69 billion Roubles (US$23.37bn), including 1,427 billion Roubles for capital investments, while borrowings amounts to over 272 billion Roubles. Top priority projects include new gas production centres at Yamal, Yakutia and Irkutsk well as upgrades of the Power of Siberia gas trunkline to boost exports to China.
London-based sustainable energy specialist Gresham House Energy Storage Fund (GRID) has secured a £380 million bespoke funding package from NatWest to support its UK energy storage pipeline. The funds will help ensure seven newly announced BESS projects can be completed in 2022.
TEPCO Power Grid, JERA and Tokyo Electric Power Services (TESPCO) agreed to carry out a data collection survey on Indonesia’s decarbonisation pathways. With 6-7% GDP growth since 2010, Indonesia sees strong electricity demand growth - currently mainly covered by coal - though the Government in Jakarta pledged to achieve carbon neutrality before 2060.
Gazprom plans to develop and implement a series of natural gas-based hydrogen projects in a bid to decarbonise industry and transport in Russia. A draft roadmap has been submitted to the government, Gazprom said, whose group enterprises currently produce over 350,000 tons of hydrogen and hydrogen-containing gas per year.
E.ON plans to invest over €27 billion in its core business – grids and retail power – by 2026, joining rival RWE which said days earlier it will spend €50 billion through 2030 to double its green power capacity. "Decarbonisation of Europe's economies places the energy industry at the threshold of a key decade of growth," commented E.ON CEO Leonhard Birnbaum.
Siemens Energy has secured a turnkey contract to build GNA II, a 1.7 GW integrated LNG-to-Power plant at Port of Açu, in the Brazilian state of Rio de Janeiro. Customer is Gás Natural Açu for whom Siemens commissioned the equally-sized GNA I complex in summer 2021 – at an overall project value of more than €1 billion.
INNIO Jenbachers’ combined heat and power (CHP) systems supply climate-friendly energy based on natural gas and hydrogen. And to best utilize complex, hybrid energy systems, the Austrian manufacturer developed myPlant Optimisation which uses artificial intelligence (AI) for overall plant operation.
Carbon capture and utilisation (CCU) only make sense together with direct-air-capture technologies. Hydrocarbons will be needed even in a CO2-neutral economy – whether in artificial paraffin or for plastics – analysts at Germany’s federal environment agency (UBA) say, hence "future carbon cycles can only be closed permanently with additional carbon extraction from the atmosphere.”
Striving to eliminate greenhouse gases from power transmission, Siemens Energy is investing over €60 million in a new factory, where vacuum interrupters without fluorinated gases – especially sulfur hexafluoride (SF6) – will be manufactured within the company’s switchgear plant. The new facility is scheduled start producing in 2023.
German state-owned railway company Netinera has contracted Rolls-Royce to overhaul up to 180 PowerPacks, based on mtu Series 183 engines. Netinera uses these PowerPacks in its regional trains of the type Siemens Desiro. The contract follows a similar deal for Alstom Lint trains.