Daily News

The introduction of a strategic reserve capacity is more effective and better compatible with the current energy-only market model than a capacity payment scheme, according to an Ecofys study published today on behalf to the German federal environmental ministry (UBA).

Turkey's top administrative court has suspended construction works at OMV's power plant project on farmland in the Black Sea province of Samsun.

Siemens Energy has won an order to build the 758 MW Panda Temple Power Plant in Texas, U.S., in consortium with its partner, Bechtel. The combined-cycle power plant (CCPP) is scheduled to come on line in 2014, at a time when the Texas market is predicted to be short of capacity.

Subsidies are not the right approach to encourage investment in new gas-fired power plant projects in Germany, environment minister Peter Altmaier told the business daily 'Handelsblatt' late Wednesday.

Turkey's electricity consumption saw an 11.3% year-on-year increase to 20.0 terrawatt hours (TWh) in June, data released by the Turkish statistical institute shows. The county's energy consumption almost doubled over the past ten years.

Russia's RAO Energy Systems has applied for a loan from the European Bank for Reconstruction and Development (EBRD) to build a new gas-fired combined heat and power (CHP) plant in Vladivostok.

French investment bank Societe Generale has revised down its 2013 gas price estimate as it expects a rising supply of already contracted Russian gas volumes amid tepid demand in Europe to weigh on gas prices. The bank recommends selling the NBP Summer 13 contract.

Alstom has won a contract to undertake a boiler study for Shanghai Waigaoqiao No.3 Power Generation Co, Ltd. The study will is scheduled to be completed by the end of August.

Wärtsilä, a supplier of diesel and natural gas engines, has won a contract to supply a 384 MW gas power plant to Azerbaijan's state-owned utility Azerenerji JSC. "In terms of output, the project is the largest single power plant order that Wärtsilä has received to date," the Helsinki-headquartered company said today. The order is included in Wärtsilä's second quarter 2012 order book.

Gas generating capacity in the U.S. has surged by 96% over the past twelve years period starting from 2000, as historically low gas prices increase the utilization rates of combined cycle plants at the expense of coal-fired units.

The British energy regulator Ofgem will continue to develop detailed proposals on a mandatory power auction "ahead of the autumn" with the aim of increasing market liquidity, Ofgem said in a liquidity update letter.

Improved energy efficiency measures could reduce the anticipated UK power demand for 2030 by up to 40%, an initial Electricity Demand Reduction Assessment by the British government finds.

General Electric (GE) has won a contract from SOMA Group, a Cambodian industrial conglomerate, to supply GE Waukesha technology to power the country's first integrated biomass gasification-gas engine project. The plant is slated to start commercial service in March 2013, GE said.

Swedish utility Vattenfall has selected a site to build a new 400 MW gas-fired power plant in Hamburg. A site at Wedel was chosen as the preferred location over an alternative site in Stellinger Moor.

News in Brief

Rolls-Royce conducts laser field tests in the US

May 18 – Rolls-Royce has successfully conducted laser field tests to demonstrate ‘deep magazine’ power capability for directed applications in connection with Lockheed Martin’s layered laser defense project. Deep magazine power can be provided by a battery-only system, but the Rolls-Royce ColdFire system includes both battery-powered and near-continuous firing modes provided by M250 gas turbine engines.

Gas vs oil ratio increases in the Bakken

May 17 – The ratio of natural gas to crude oil production has risen in North Dakota’s Bakken region since 2008, and continues to accelerate. According to the US Energy Information Administration's (EIA) Drilling Productivity Report, annual gas gross withdrawals in the Bakken increased by 9% to an annual high of 2.97 Bcf/d in 2021, even though the region’s crude oil production fell by 6%.

Middle East shifts to gas power

May 16 – The Middle East, a region vulnerable to climate change, is undergoing a major shift from petroleum-based power plants towards gas-fired generation and renewable power sources. Capacity additions of over 185.46 GW are the pipeline, according to ResearchandMarkets, as the regions electricity demand for industry and residential cooling is set to grow. In fact, cooling already accounts for 70% of residential power demand.

Carbon utilisation in strong demand

May 13 – The market for carbon utilisation is forecast to grow rapidly from the 2030s onwards to surpass $285 billion by 2042, driven by rising climate commitments and a favourable regulatory framework. In its latest report IDTechEx also highlights the role of technology advances such as thermodynamics which help sequester CO2 permanently.

MTU gensets approved for biofuels

May 12 – Rolls-Royce has gained approval to use synthetic fuels in its MTU Series 4000 and Series 1600 diesel engines for power generation application. Field testing confirmed both engines can use a range of sustainable fuels including biomass-to-liquid, hydrotreated vegetable oil and power-to-liquid fuels such as e-diesel.

E.ON tells Germans how to save gas

May 11 – A large-scale switch to heat pumps, solar power and better demand-side management could help save Germany nearly 100 TWh of natural gas per year, E.ON has said, calling on households to contribute to Europe’s efforts to reduce reliance on Russian gas imports. “If 10% of the homes in Germany are equipped with solar PV installations, 20% of gas boilers are replaced by heat pumps, and the average temperature in all households is reduced by one degree Celsius on average, this would lead to natural gas savings of 103 TWh per year," E.ON Energy CEO Filip Thon said, noting this volume would equate to about 30% of Germany’s current gas imports from Russia.

Exelon Q1 earnings lower following Constellation cave-out

May 10 – Exelon has reported lower first quarter earnings and a higher operating revenue, having completed the separation of Constellation Energy – Excelon’s former power gen business. Focussing now solely on transmission and distribution, Exelon’s net income from continuing operations for the first quarter of 2022 decreased to $0.49 per share from $0.53 a share in pre-year period. In contrast, adjusted operating earnings notched up to $0.64 per share, primarily due to due to higher electric distribution earnings at ComEd from higher rate base and higher allowed electric distribution. Rate increases at Excelon’s group companies PECO, BGE, and PHI were partially offset by higher depreciation expenses at BGE and PHI.

South Africa to add 2.6 GW of new capacity

May 9 – South Africa’s Department of Mineral Resources and Energy, has just announced the REIPPPP BW6 Request for Proposals (RFP).  The bid round will add 2,600 MWs of new capacity to the energy mix. The ministry seeks to procure 11,813 MW of electricity from various power sources including renewable energy, storage, gas and coal.

GE Gas Power authorized as CVE Numbering Authority

May 6 – GE Gas Power’s increased focus on cybersecurity has been recognized by the Common Vulnerability and Exposures Programm as a ‘CVE Numbering Authority (CNA).  As such, GE Gas Power can now assign CVE identification numbers to newly discovered vulnerabilities potentially related to its products and allow GE Gas Power to directly publish new CVE Records and streamline the reporting process.

Heliogen gets nearly $90m in funding

May 5 – Heliogen has moved from design into testing and implementation of its supercritical CO2 power gen system that will be deployed for Woodside in California. The system consists of a 5 MWe sCO2 power block integrated with high temperature solid media thermal energy storage. The demonstration project is being funded with up to $50 million from Woodside, along with $39 million from the U.S. Department of Energy (DoE).

Capstone to install microturbine in the Caribbean

May 4 – E-Finity Distributed Generation, Capstone's distributor for the Mid-Atlantic, Southeastern United States and the Caribbean, has secured an order for two C1000S microturbines for a government water authority in the Caribbean. The 2 MW system will provide emergency standby power to several pumping stations throughout the remote island community and is scheduled to be commissioned towards the end of 2022.

Forecasting solar and energy storage in CAISO

May 3 – Marubeni has chosen Veritone’s AI-based distributed energy resource management solution (iDERMS) to provide price, demand and generation forecasts at their pilot project in the California Independent System Operator (CAISO) SP-15 region. In addition to day-ahead and real-time generation figures, Veritone will also forecast production and demand for the overall CAISO region.

Forecasting solar and energy storage in CAISO

May 2 – Marubeni has chosen Veritone’s AI-based distributed energy resource management solution (iDERMS) to provide price, demand and generation forecasts at their pilot project in the California Independent System Operator (CAISO) SP-15 region. In addition to day-ahead and real-time generation figures, Veritone will also forecast production and demand for the overall CAISO region.

Steam turbines in high demand

April 29 – The market for steam turbines for power generation will grow around 6.5% through to 2027, driven by the build-out of combined-cycle gas power plants – notably in Asia and the United States, ResearchAndMarkets finds. Coal power projects in China, India and Bangladesh also require significant numbers of steam turbines. “Many of the countries in Asia-Pacific cannot provide 24-hour electricity to its citizens, and the cheapest way to achieve the objective is to build thermal [coal power] plants and use steam turbines,” analysts commented.

LNG-fuelled power for Antigua

April 28 – Antigua Power Company Limited (APCL) has contracted Wärtsilä to supply and install a 46 MW dual-fuel power plant on the Caribbean island. The plant will operate primarily on regasified LNG, imported through a small-scale import terminal developed by U.S.-based Eagle LNG in partnership with APCL.

ION launches risk analyser

April 27 – ION Commodities has built a cloud-based solution – FEA Analyzer – to help energy and commodity firms transition to new renewable energy markets while simultaneously optimizing trading strategies and supply chains. The tool combines pre-trade analytics with risk management and asset optimization, all powered by predictive analytics and stochastic models. 

Capstone to service 600kV microturbine

April 26 – Capstone has landed a rental contract for a 600 kilowatt (kW) microturbine-based system with one of the largest energy infrastructure companies in North America. Due for commissioning in mid-May 2022, the plant will supply power to remote mid-stream operations along the customer's gas pipeline in Colorado.