The Indian government is not paying enough attention to smaller gas-based plants to cater for peak load demand as it focusses on large-scale coal-fired plants that provide base load capacity. Rakesh Sarin, Managing Director of Wartsila India stressed that building up a flexible, reserve capacity of at least 20 to 25 GW, preferably based on gas generation, would be ideal for supplying peaking capacity.
South Korea's Doosan Heavy Industries & Construction is focusing on new business for its power plant section in growth markets such as India and the Middle East, shifting its focus away from its South Korean home market. "India has become the biggest growth market for us, followed by Vietnam and Indonesia," Doosan spokesman Gang Cheol SEO told 'Gas-to-Power Journal'.
Deutsche Bank analysts expect Japan's total thermal power generation requirement to rise to 90 GW in December 2012, provided that no further nuclear reactors will be restarted and overall demand pattern are consistent with the previous year. "This forecast implies that thermal power requirement will be 5 GW to 8 GW higher in January and February 2013 than it was this past winter," analysts Isabelle Curien and Mark Lewis said in an emailed report today.
The Indian government is not paying enough attention to smaller gas-based plants to cater for peak load demand as it focusses on large-scale coal-fired plants that provide base load capacity. The Indian power ministry recently awarded licenses for four Ultra Mega Power Projects with a capacity of 4,000 MW each. All plants are coal based.
India's power ministry and the eight north Indian states, which were affected by prolonged blackouts after the collapse of the power grid on 30 and 31 July, have agreed on a 12-point resolution to avoid a similar crisis. "The Centre and the concerned states agreed to abide by a 12-point resolution to ensure that such breakdowns in the power grid do not recur," the ministry said in a statement.
South Korea has risen high on the agenda of Siemens, Germany's engineering giant, who is targeting the country as a key growth market for gas turbine sales.
Sales prospects and revenue generated in Asia and the Middle East currently more than offsets reduced earnings in ailing European markets, says Lothar Balling, Head of Gas Turbine Power Plant Solutions in the Fossil Power Generation Division at Siemens Energy.