“The war on coal is over,” were the words used by Scott Pruitt, head of the US Environmental Protection Agency (EPA), when he announced the Trump administration will put an end to the Obama-era plan aimed at reducing power plant emissions. Pruitt argues that the Clean Power Plan violated federal law by “setting emission standards that power plants could not reasonably meet.”
GE has signed a 9-year service agreement, worth $141 million, with Saudi Electricity Company (SEC) to provide comprehensive maintenance, parts and repairs services for eight GE 7F.05 gas turbines at Riyadh Power Plant 12 (PP12). Operating in combined cycle mode, the turbines installed at PP12 add about 1,800 MW to the Saudi national grid.
Regardless of continuously rising power prices, Germany is likely to miss five out of a total of 15 key Energiewende goals, including its 2020 greenhouse gas reduction target. Among the targets still on track are offshore wind expansion, security of power supply, and employment in the renewables sector, according to McKinsey’s bi-annual Energiewende indices; however “goals that do not receive direct financial support become ever more unrealistic.”
The Ohio Power Siting Board (OPSB) has given the green light for the start of construction works for two combined-cycle gas turbine (CCGT) power plants with a total capacity of over 2.5 GW in Guernsey and Trumbull counties. One of the approved CCGTs – the 1,650 MW Guernsey Power Station is due to start up in October 2020.
The Indian government in Delhi needs to give hydrocarbon developers more freedom on gas pricing in order to incentivise production in less explored basins, Wood Mackenzie’s Asia office recommends. The removal of multiple pricing regimes that are currently in place across India will also help drive greater use of gas in the industrial and power sector.
Privatisation of three electric generation companies (Gencos), built Niger Delta Power Holding Company (NDPHC), has been approved by the Nigerian government. Up for sales are now the 634-MW Calabar, the 1,076-MW Alaoji CCGT, and 506-MW Geregu power plant.
Investing in Indonesia, ABB has just opened a new manufacturing factory for high-voltage switchgear in Tangerang, on the outskirts of Jakarta. According to projections by PLN, Indonesia’s state owned generator and distributor, the country’s electricity demand is growing at 8.5% per annum through to 2025.
Encouraged by a seismic survey of Atlantic coast acreage, Argentina has announced it will auction offshore oil and gas exploration rights near its northeastern sea border next year. The energy ministry hopes the subsalt basin off Brazil continues south which could lead to discovery of attractive conventional fields that help reverse Argentina’s energy deficit.
The Trump administration is adamant about dismantling former President Obama’s signature plan to reduce emissions from power plants. Rather than mandating states to change their energy mix by imposing emission quotas, President Trump is expected to give utilities some guidance on how to operate their power plants more efficiently.
The conversion Sasol’s coal-to-liquids plant in Secunda, South Africa, to a gas-to-liquids facility is one of two large-scale projects that drive the global GTL market. Sasol, an integrated energy and chemicals company, is working on getting its GTL plant started up by 2024, while a delayed GTL project in Uzbekistan is hoped to come online by 2021.
German multinational Siemens the US firm Chromalloy Gas Turbine Corp. will be offering 350 new jobs at a manufacturing plant in Hillsborough county, Florida, Gov. Rick Scott announced. The advanced airfoil JV, set up in May this year, will create turbine blades and vane cast components for use in power generation in the United States. Production is due to start by the end of 2018.
The Finnish energy group Fortum, a shareholder in the Russian regional power company TGC-1, has entered negotiations with Gazprom about a possible closer cooperation in the power sector.
Growth in renewable power generation is forecast to be twice as large as that of natural gas and coal combined. According to projections by the International Energy Agency (IEA), the share of renewables in power generation will rise from 24% last year to exceed 30% by 2022.
Central Térmica Pilar plant is the first of two 100 MW multi-fuel power plants built by Wärtsilä that are coming online this year. Since its inauguration on 31 August, Pampa Energía was able to flawlessly operate the plant, using the entire electricity output for the Pilar Industrial Complex near Buenos Aires.
Rising exports of “abundant US natural gas” is estimated to support up to 452,000 new jobs and give a $73 billion boost to the economy by 2040 – at a “minimal impact on the natural gas prices,” according to a study by the American Petroleum Institute (API). The resource base is now seen as “larger, less expensive and more price responsive,“ API Chief Strategy Officer Marty Durbin commented.