Daily News

Societe Generale forecasts Europe's electricity demand in 2012 will see a mere 0.7% rise in annual demand as economic growth remains lacklustre. "Consumption should recover in 2012, but overall growth will likely to be modest," the bank said in its latest Energy Pulse report.

The implementation of Smart Grids – as a flexible demand response mechanism - is rising. "In Europe, we are selling Smart Grids based on the rise of green energy. In the U.S., the key driver for smart grids is to ensure security of power supply," Dietrich Biester, representative of Siemens' Smart Grid Division told Gas-to-Power Journal' in an interview.

North American Electric Reliability Corporation (NERC) has alerted the U.S. energy industry of a growing reliance on natural gas as the primary fuel source at times of peak electricity demand. "The growing dependence on natural gas as a primary fuel source of on-peak capacity must be considered in planning, and operational measures must be in place to minimize interdependency risks," NERC told Gas-to-Power Journal.

Alstom, the French engineering company, today reported a rebound in orders this quarter to €4.9 billion. Thermal power orders reached a value of €1.9 billion, benefiting from successes in Iraq and Poland.

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Eurelectric has warned that "reliable and flexible fossil power generation capacity is required as a back-up supply" to ensure security of energy supply and mitigate the risk of intermittent power generation from renewable energy sources. Eurelectric representative Julia Eichhorst told 'Gas-to-Power Journal' in an interview prior to today's conference in Brussels that "Capacity Remuneration Mechanisms (CRMs) could be needed to encourage power generators to invest in new fossil power generation".

FlexEnery, a developer of clean energy platforms, announced today it has won a contract to supply BP with gas turbine technology. Three of Flex Energy's MT250s turbines have already been shipped to the BP facility through a contract with Power Service.

The European Energy Exchange (EEX) will start OTC clearing for UK gas futures on 29 February, the bourse said Wednesday. Trading participants that are already admitted on the EEX Derivatives Market for natural gas can use the new service once they have registered for it at ECC, the clearing house of EEX.

Lithuanian utility Lietuvos Energija confirmed it will commence operations of a 455 MW combined cycle gas turbine (CCGT) power plant this autumn with a view of increasing do-mestic electricity supply. Lithuania has suffered from a net deficit in power supplies since the shut-down of the Ignalina nuclear reactor in 2009.

Declining demand for Spanish gas-fired generation combined with unusually warm weather conditions this winter has led to an 8.7% drop in LNG imports to Europe in the second half of 2011, according to Deutsche Bank. Gas demand growth in Spain is forecast to remain sluggish as utilities are likely to favour coal over gas due to Spain's domestic coal subsidy scheme that will remain in place until 2014, analysts led by Mark Lewis in Deutsche Bank's latest European gas report.

Investments in energy is "a high priority" for the Singapore government, Stephen Hill, senior trade & investment officer at the British High Commission told Gas-to-Power Journal today. Singapore's power stations mainly use imported natural gas, as "the city-state has no domestic oil and gas resources and limited opportunities for renewable energy generation in comparison to other countries," he said.

Enel, Italy's largest utility by market share, said today it will profit from the new Italian rate system for electricity distribution and metering services. "The new regulatory framework will generate a slight increase in 2012 rate revenues compared with 2011 levels," Enel said referring to preliminary earnings estimates.

Nuon has started to disclose details the availability of capacities of Vattenfall's power plants in the Netherlands and the Epe gas storage facility at the Dutch-German border on its website in order to comply with REMIT requirements.

China's State Electricity Regulatory Commission (SERC) has forecast an 8.5% drop in power consumption in 2012 on the back a slow-down in China's economic growth. Compared with the 11.7% surge in electricity demand to 4.7 trillion kilowatts hours in 2011, this development marks a significant decline in China's energy hunger.

Qatar's budget for 2011 and 2012 is "expansionary", with government spending on utilities forecast to double the $10bn spent over last decade. A special emphasis will be placed on infrastructure spending, including power generation capacity, Belton Financial forecasts with reference to the double digit growth rate of Qatar's electricity consumption.

News in Brief

German utilities invest record amounts

Jan 21 – Energy companies in Germany invested a record €20.5 billion in 2021, and the industry association BDEW expects capital expenditure will stay high throughout 2022. Out of the total sum, €4.3 billion were invested in electricity generation plants, €9.9 billion in transmission and distribution plants and €1.2 billion in other assets, such as metering points and information technology.

H2-powered plant for French Guiana

Jan 20 – Siemens Energy will set up a hybrid plant to supply stable baseload electricity to 10,000 households in French Guiana. An intelligent combination of 55 MW photovoltaics, an electrolyser to produce green hydrogen, fuel cells and energy storage is scheduled to be commissioned in the autumn of 2023.

Decarbonising UK homes

Jan 19 – Just 9 million hot water cylinders are currently installed in British homes, leaving a gap of 18 million homes whose heating would need to be decarbonised for the UK to meet Net Zero. According to the trade body HWA, the political focus of decarbonising heating has been solely on the heat source; such as boilers and heat pumps – while little to no focus has been on hot water cylinder. This gap in in government policy, which could result in unnecessary costs to consumers.

Cresta to fund Lapis Energy’s CCS projects

Jan 18 – Texas-based Cresta Fund Management has agreed to finance Lapis Energy’s CCS and clean hydrogen projects. The two partners are now looking to identify, design and develop projects for the permanent sequestration of CO2, targeting customers within the heavy industry and petrochemical companies.

GE to repower Long Lake plant

Jan 17 – GE will modernize four generors at the Long Lake hydropower plant in northwest US, operated by Avista Utilities. Once refurbished, the plant will have an installed capacity of more than 100 MW. The first modernized Long Lake unit is scheduled to go into operation at the end of 2024 and the last one in 2029

mtu to power Romania’s largest data center

Jan 14 – mtu Series 4000 gas generators will provide electricity heat and cooling for Romania’s largest data center. ClusterPower is building a 273,000-squaremetre technology campus near Craiova by 2025, where it will host five data centers with a Power Usage Effectiveness (PUE) of 1.1

Green hydrogen from Quebec

Jan 13 – Charbone has agreed to provide the US propane distributer Superior with green hydrogen from its Sorel-Tracy facility in Quebec, Canada, starting from the third quarter of 2022. The hydrogen will be delivered directly from Charbone’s H2 plant to Superior’s customers which include mining, power generation, transportation and industrial energy users. 

Cresta to fund Lapis Energy’s CCS projects

Jan 12 – Texas-based Cresta Fund Management has agreed to finance Lapis Energy’s CCS and clean hydrogen projects. The two partners are now looking to identify, design and develop project for the permanent sequestration of CO2, targeting customers within the heavy industry and petrochemical companies.

US rivals Australia as world’s largest LNG exporter

Jan 11 – Analysts at the US Energy Information Administration (EIA) are confident that the growth in US LNG exports could see America’s liquefaction and send-out capacity exceed that of Australia and Qatar – the world’s two largest LNG exporters. Looking ahead, the EIA expects US exports of the super-chilled gas will rise 17% from 2021 levels to average 11.1 Bcf/d from December through March.

Africa’s first FLNG plant arrives in Mozambique

Jan 10 – Coral Sul FLNG, Africa’s first-ever floating LNG facility has arrived in Mozambican waters. The plant is critical to develop the US$7 billion Coral South project, led by the Italian oil and gas company Eni. Some of the produced gas will be used for power generation in Mozambique, though most will be liquefied and sold to global markets.

GE snaps up Opus One Solutions

Dec 23 – GE Digital has agreed to acquire Opus One Solutions Energy Corp, a Californian software company that helps utilities integrate renewables and Distributed Energy Resources (DERs) at scale across the electric grid. The transaction is expected to close within 30 days, GE stated without disclosing what price was paid for the takeover.

Qatar invests in Rolls-Royce’s nuclear power business

Dec 22 – Qatar Investment Authority, the state’s sovereign wealth fund, has agreed to invest £85 million in Rolls-Royce SMR, the company’s new technology for small-scale, low carbon nuclear power. UK business and energy secretary Kwasi Kwarteng called the investment a “clear vote of confidence” in the UK’s nuclear innovation. It follows £210 million Qatari investment in the development in Small Modular Reactors. Now fully funded, Rolls-Royce SMR business also received £490 million through commercial equity and UK Research and Innovation (UKRI) grant funding. 

JERA helps Japanese film producer curb emissions

Dec 20 – Toho, a Japanese film producer and entertainment company, will get support from the country’s largest power producer JERA to reduce CO2 emission from film production. To that end, JERA will supply zero-emissions energy to Toho and draw up a roadmap to decarbonise the media company as a whole.

Tractebel develop concept to store H2 offshore

Dec 17 – Tractebel Overdick and partners have developed an offshore infrastructure and processing facilities concept that relies on the storage of hydrogen (H2) in offshore caverns. The design study outlines a scalable offshore platform for the compression and storage of up to 1.2 million cubic meters of hydrogen.

Ethatec uses CO2-free power to produce ethanol

Dec 15 – ESG Clean Energy has signed a letter of intent (LOI) with Ethatec to use ESG’s patented CO2-free gensets to its ethanol production. Ethatec uses waste from bakeries and pizza factories which is being crushed and then mixed with water and enzymes and heated in a multi-stage mashing process to saccharify the starch. It is then cooled and fed into fermentation tanks, where yeast is added. for alcoholic fermentation of the sugar. After 72 hours, the mixture is fed to a distillation system where ethanol is obtained.

Anax helps Magellan mine bitcoin under US$12m deal

Dec 16 – Ohio-based Magellan Scientific has entered a long-term accord, worth US$12 million, with Anax Power to generate zero-emission electricity from natural gas flows for Magellan’s distributed data centres, using 500 kW Anax turboexpanders. This green power will be used to lower the carbon-intensity of bitcoin mining and help US interstate pipeline operators and utilities accelerate their net-zero emission goals.

Cryogenic insulation market to top $4.6m by 2026

Dec 14 – The global market for cryogenic insulation is forecast to reach $4,659.85 million by 2026, expanding at an annual rate of 8.76% over the next five years. According to ResearchandMarkets, companies need to keep investing in R&D to deliver more efficient products at a lower cost and improve product durability.