GE’s Power Services has announced the launch of its first 6B repowering solution when signing the first agreement for the solution with a global chemical company in Asia. The accord stipulates the repowering of three 6B gas turbines which is expected to help the customer save significant amounts of fuel.
Utilities in South Carolina are preparing for widespread power outages as Hurricane Florence has been classified as “extremely dangerous” as it gathers pace at windspeeds of over 140 miles per hour (mph). The U.S. National Hurricane Centre predicts it could strengthen to “near Category-5 intensity” before making landfall between northern South Carolina and North Carolina’s Outer Banks on Thursday.
At the UK's first Zero Emission Vehicle Summit, Prime Minister Theresa May has committed £106 million for R&D in green vehicles, new batteries and low carbon technology. May said the Britain will “lead from the front” on zero-emission cars to meet a target for UK roads to be free of petrol and diesel cars by 2050.
Fossil fuels remain the dominant source of electricity in most of the United States. Coal provided the largest generation share in 18 states last year, down from 28 states in 2007. The share of gas power, meanwhile, has increased from 11 to 16 states over the same period, according to EIA findings.
General Electric and CGI, a global IT consultancy based in Montreal, have agreed to jointly develop and implement power grid software in North America. Bridging IT and operational technology (OT), the partners said they will focus on real-time grid operations and controls, critical infrastructure and cybersecurity.
Methane-laden waters of Ruanda’s Lake Kivu, if left untapped, can accumulate to a gas bubble and trigger an explosion that poses a deadly risk for more than 2 million people living along the lake’s shores. The U.S. energy services firm ContourGlobal assessed this risk before starting to extract methane from the lake for power generation.
Decarbonisation of the power sector is seen as the most crucial factor in sustaining the current competitive edge advantage for mid-size electric vehicle (EV) over cars with a combustion engine. ” As gasoline-fuelled vehicles become more efficient, the power mix must comprise more renewables for electric vehicles to remain competitive,” says Wood Mackenzie research director, Prakash Sharma.
Qatargas, the world’s largest LNG producer, has entered a 22-year sales and purchase agreement with PetroChina to deliver around 3.4 mtpa of LNG its regasification terminals at Dalian, Jiangsu, Tangshan and Shenzhen. In August, China brought two new regas terminals in service that brought the overall number to 19 – in line with the government’s policy to replace coal with natural gas in the power sector.
General Electric (GE) has commissioned Turkmenistan’s first combined-cycle gas turbine (CCGT) power station at Mary, a city on an oasis in the Karakum Desert. Built by Turkey-based Çalik Holding, the 1,600 MW CCGT is driven by four GE turbines and will be operated as a backup for the adjacent Mary hydropower plant.
Siemens and North-West Power Generation Company Ltd. (NWPGCL) have signed a Joint Development Agreement to build a 3,600 MW LNG-fuelled power plant at Payra in southern Bangladesh. The project will be developed through a joint venture company at an estimated cost of nearly $3 billion.
DNV GL’s 2018 Energy Transition Outlook predicts an investment boom in natural gas with global Capex in gas upstream projects set to grow from $960 billion in 2015 to a peak of $1.13 trillion in 2025. This spending spree will herald a shift in the global energy mix, allowing gas to overtake oil as the world’s primary energy source in 2026 and account for a quarter of the world’s energy by 2050.
Gas supply from the Bao Vang field to a new power project in central Vietnam will be facilitated by Gazprom and PetroVietnam, in cooperation with the Quang Tri Provincial People’s Committee. The three entities signed a Memorandum to deliver an integrated project that includes upstream, power generation and the creation of an industrial port in the Quang Tri Province a special area, part of Dong Nam Economic Zone.
Higher relative cost to produce natural gas from the Haynesville region has led to a gradual decrease in shale gas production over the past five years. The Haynesville formation lies at a greater depth than Marcellus, so drilling costs are significantly more expensive. This caused a sharp drop in monthly dry gas production from a peak at 7.4 billion cubic feet per day (Bcf/d) in January 2012 to less than half that level by early 2016, according to EIA figures. Output rebounded since then to 6.4 Bcf/d in June 2018.
Venture capitalist are pouring money into the development of novel technologies that are hoped to disrupt existing markets and deliver huge returns, ideally within a 5-year time horizon. Investment is flourishing, with more money spent on energy technologies start-ups in 2018 than in the first two quarters of any previous year, the International Energy Agency (IEA) says with reference to data from the market intelligence agency i3.
EPC Construtora Quebec, a Brazilian engineering company, has selected GE Power to provide 4.4-MW and 2.2-MW LV5 1,500-volt inverters and skids for the 14-MW Verde Vale III project in Guanambi, Brazil. The project is owned by Vientos Solutions, an operator of energy infrastructure assets in emerging markets.