SSE, one of the UK’s Big Six energy companies with more than 7 million customers, has chosen Contigo’s energy nomination and scheduling platform, enVoy, for electronic data transfer with National Grid. Since going live, the system already handled approximately two million submissions.
The President of Serbia, Aleksander Vucic, has confirmed his government is evaluating ways to support the construction for four gas-fired power plants and several LNG import terminals in a bid to encourage the country’s re-industrialization.Gazprom Energoholding offered to build and partially finance most of the proposed power plants.
Fitch Group affiliate BMI Research expects natural gas will contribute more than half of the UK’s electricity needs in less than 10 years, up from currently about 45%. Gas gains importance in the UK power sector amid Government policies to exit coal power by 2025, and as private investors cancelled some new nuclear power projects.
Aspiring full electrification by 2030, the Government of Myanmar has vowed to fast-track several gas-fired power projects as it aims to add some 3,000 MW to effectively double the country’s installed capacity over the next two to three years. Realizing this plan comes with a price tag of $5.16 billion, according to estimates by Myanmar’s Ministry of Electricity and Energy (MOEE).
Singapore-based Sembcorp Industries has achieved first fire at it S$420 million (US$310m) Mandalay combined-cycle gas turbine power plant in Myanmar. With an installed capacity of 225 MW, the new Mandalay power plant is Myanmar’s biggest and most efficient CCGT, capable to generate up to 1,500 Gigawatthours (GWh) of electricity per year.
Works on $11 billion Nord Stream-2 twin pipeline project are 34% complete, with over 830km of pipes having been laid in the Baltic Sea to date, the Gazprom and Uniper chairmen, Alexey Miller and Bernhard Reutersberg said after a meeting in Moscow. Uniper is a key customer of Russian gas supplied through the 55 Bcm/y Nord Stream-2 interconnector.
China has chosen April 1 as the date when two-digit reductions in Value-Added Tax (VAT) will have to be implemented by key industries, including electric power producers, in bid to lower fuel costs and ultimately reduce electricity prices. Manufacturing companies will benefit from 13% to 16% VAT cuts, while construction and transport firms will pay around 10% less VAT and industrial users of thermal coal, including power producers will see VAT drop by 3%.
Striving to streamline China’s energy market, the National Development and Reform Commission (NDRC) is advancing plans to create a single oil and gas pipeline company by mid-2019. The new China-wide TSO will integrate the pipeline assets of former competitors, notably CNPC and its listed arm PetroChina, Sinopec and CNOOC.
Global CO2 intensity has decoupled from electricity demand growth since the mid-2010s, and this trend intensified when China and other major Asian economies started to turn their back on coal use for power generation, while falling costs for wind and solar PV made clean energy more attractive.
Surface coating developer Hardide has announced that testing – commissioned by EDF Energy and carried out by the British National Physical Laboratory (NPL) – indicates nanostructured chemical vapour deposition (CVD) coating can extend the life of steam turbine blades. The CVD coating made the tested FV520B turbine blades more resistant to erosion and cracking.
Drax Power has secured regulatory approval for its Millbrook Power Station, a proposed 299-MW open cycle gas turbine (OCGT) power plant to be built in Bedfordshire County, England. Developed at a cost of up to £90 million, the new Millbrook OCGT could start generating electricity as soon as 2022, provided it secures a UK capacity contract.
MAN Energy Solutions has received the Storage Highlight award for its new energy management solution, offering scalable and CO2-neutral energy storage and sector coupling. The basic principle of MAN ETES is the reversible conversion of electrical energy into thermal energy via storage in form of hot water and ice.
Leading LNG players like ExxonMobil, Shell and Total, as well as the engineering contractor Bechtel, have all completed qualification studies on Mitsubishi Hitachi Power Systems' H-100 gas turbine (120 MW) for use as the mechanical driver together with MHI compressors. Encouraged by this customer acceptance, MHI group is now marketing their H-100-driven liquefaction solution in single, stand-alone 1x100% strings or multi-unit large scale trains.
The South African arm of AEP Energy is about to purchase two power plants in Nairobi from Iberafrica and considers converting these units from diesel to natural gas. In Kenya, diesel-generated electricity is about 3 times costlier than geothermal, wind and hydropower and about 2.5 times more expensive than gas power.
Powergen Kyaukse Company has signed a 5-year operations and maintenance agreement with Wärtsilä to help its 145 MW power plant in Mandalay region meet its availability guarantees. The newly installed plant, driven by eight Wärtsilä 50SG gas fuelled engines, has been built to alleviate electricity shortages in Myanmar.