RWE/Turcas' Denizli power plant is expected to be commissioned by the end of 2012 as planned, Dr. Ralph Jaeger, CFO of RWE Turkey said today. Speaking on site, Jaeger gave an updated on the progress of the Denizil natural gas combined cycle power plant (CCGT) and said the construction was "on schedule".
After a series of severe power shortages in Japan, the Tokyo metropolitan government is now gearing up to close the power generation gap by building 60 large-scale gas-fired power plants.
Retail power prices in China will rise starting Thursday this week, China's National Development and Reform Commission (NDRC) announced today.
International Energy Agency's Executive Director, Maria Van der Hoeven sees "golden prospects for natural gas. However she urged the gas industry in Riyadh today to step-up security standards in unconventional gas production.
Coal is forecast to increase in its competitiveness against gas, Société Générale said in a research note on Tuesday. "Demand for imports [of coal] will in our view keep on increasing, even if more slowly," analyst Emmanuel Fages said with reference to the expected recession in the Eurozone throughout 2012.
Norway's Statkraft Markets will decide on whether to shut down operations of two gas-fired power plants in Germany in February 2012, Jürgen Tzschoppe, head of the Norwegian utility's German subsidiary Statkraft markets told 'Gas-to-Power Journal' today.
Shell confirmed today it signed a final agreement to form a joint venture (JV) in Iraq with Basrah Gas Company to gather raw gas from three major oil fields. The gas production from these field (Rumaila, Zubair and West Qurna 1) is currently flared in Basrah, a Shell spokesperson told 'Gas-to-Power Journal' today.
The gas value chain is integrating as upstream companies such as Gazprom and Taqa have an incentive to venture beyond their midstream activities into gas-to-power. "Upstream players - producers of oil and gas – have an incentive to go downstream," Sybren Hettinga, head of European gas structuring at Cargill, told 'Gas-to-Power Journal' in an interview.
The Russian gas giant Gazprom and Essen-based RWE are in negotiations to form a joint venture (JV) on power generation, an RWE spokesperson confirmed to 'Gas-to-Power Journal' today. "We do not comment on the status of negations," he said, adding joint projects in gas-to-power would be "one of the options".
Matteo de Zan, head of Enel's industrial development, generation and energy management division said the operational start-up of a gas-fired power plant in Belgium is expected in early 2012. "We are waiting for the plant to start operations in the coming months; the plant is currently in its commissioning stage," he told 'Gas-to-Power Journal' in an interview.
Hyundai Engineering and Construction (HDEC) and Metka are set to build a gas-fired power plant in Basra, Iraq. The 1,500 MW gas-fired plant will be constructed near the southern Iraqi city of Basra in southern Iraq.
Enel, Italy's largest power company, said today the operational start-up of a 400-MW gas-fired power plant in Belgium is expected in early 2012. "We are waiting for the plant to start operations in the coming months; the plant is currently in its commissioning stage," Matteo de Zan, head of Enel's industrial development, generation and energy management division told 'Gas-to-Power Journal' in an interview today.