India's gas shortage has reached alarming levels, undermining the Government's aims to boost the share of gas-to-power production. Operation of three gas-fired plants - with a combined capacity of 1,730 MW - had to be halted in India's National Capital Region (NCR) region due to a lack of gas supply to fuel the plants.
Siemens said today it received a third order from South Korea. The German engineering company will built the Andong combined-cycle power plant (CCPP) as a turnkey power plant in cooperation with its Korean partner GS E&C. The latest order from for the H-class technology from South Korea follows orders for the Bugok III and Ansan CCPPs, Siemens said today.
The growth pace of natural gas production in North America is set to slow down this year in reaction to low gas prices in the U.S. "More producers expect the drilling pullback in their dry gas plays to lead to a y/y [year-on-year] drop in their natural gas production," BarCap analyst Shiyang Wang said in a research note.
General Electric (GE) has won an order to provide a LM6000-PF Sprint aeroderivative gas turbine to Eni Power for installation at its Bolgiano district heating plant in San Donato Milanese, near Milan, Italy.
Stadtwerke München (SWM) and Siemens Infrastructure & Cities have jointly created a virtual power plant (VPP) by pooling and operating a number of small-scale, distributed energy sources as a like a single installation. With this step, SWM aims to improve the reliability of planning and forecasting of its decentralized power generation sources.
General Electric (GE) has assembled and commissioned its first MS 5002E gas turbine in St. Petersburg, Russia. The 32-megawatt MS 5002E gas turbine unit fully successfully passed a commissioning acceptance tests at REP Holding's (REPH) Nevsky Zavod manufacturing facilities.
Mechanical and plant engineering group Dürr and the German Aerospace Center (DLR) have teamed up to further develop micro gas turbine technology. Dürr set up a new Clean Technology Systems division with the aim of achieving sales of over € 200 million by 2015.
Global Power Equipment Group's Braden operating division has won a contract to provide gas turbine auxiliary equipment to Mitsubishi Heavy Industries (MHI) for its new "J-series" gas turbines. The equipment is scheduled for delivery in the second half of 2012, Global Power said today.
The share of gas-fired power generation in the U.S. energy mix is set to rise as the first carbon pollution standard issued by the U.S. Environmental Protection Agency (EPA) entrenches the current cost advantage for natural gas over coal.
The rulemaking only concerns new generating units that will be built in the future, and does not apply to existing units already operating or units that will start construction over the next 12 months, EPA said today.
Eurelectric, the Union of the European Electricity Industry, calls on policy makers to improve the current negative political and economic climate for investments in the electricity sector. "Utilities need to get a proper return for their existing conventional power plants", it said today.
French investment bank Société Générale forecasts gas prices at the National Balancing Point (NBP) to turn south as the UK markets are well supplies and demand tepid. "Prices will start agreeing with fundamentals and turn south from their present levels," SocGen analysts Emmanuel Fages, Thierry Bros and Paolo Coghe said in a recent research note.
Natural gas is likely to take up a growing share in the U.K.'s energy mix, making up for any eventual capacity shortage following the withdrawal of E.ON and RWE npower from developing new nuclear capacity in the U.K under the Horizon Nuclear Venture. "Gas will fill the gap," Deutsche Bank analyst, James Brand, told Gas-to-Power Journal.