Power storage specialist Qinous is being expanded into Rolls-Royce’s new Mircogrid Competence Center. The UK engine maker acquired a 73.1% stake in the Berlin-based startup in January with a view to pooling its microgrid and energy storage business in one of Europe’s largest renewable energy markets.

Imports of Canadian pipeline gas to the western United States have fallen substantially as spot prices at the NOVA/AECO-C (AECO) trading hub in Alberta reached near parity with Henry Hub. In April and May, imports fell to an average of 6.2 billion cubic feet per day (Bcf/d), according to Genscape pipeline flow estimates.

The Asian Development Bank (ADB) bank has vowed to enact “stricter criteria for clean energy,” scrutinize all fossil projects and “firmly exclude” the financing of coal power. At this week’s Asia Clean Energy Forum (ACEF) 2020, the bank had to concede not all its current clean energy investment is climate-friendly.

The Vietnamese government has welcomed ExxonMobil’s plan to invest in the country’s energy infrastructure. The U.S. oil major is looking to set up an LNG-to-Power generation supply chain with a combined capacity of 3,000 MW in the Mekong Delta region, creating an outlet for LNG exports.

The share of natural gas in the world’s energy mix has risen to a record 24.2%, BP said today in its benchmark 2019 Statistical World Energy Review. Primary energy consumption increased 1.3% last year with renewable power making up over 40% of that growth.

Turkey’s Karpowership is gearing up to plug South Africa’s gap in electricity supply and help state-owned utility Eskom source up to 3,000 MW of emergency power-gen capacity. It proposed to supply “several ships” to South Africa to meet peak summer demand.

Devaluation of the Egyptian pound and cuts in fuel subsidies have opened space for investment in the energy sector, though analysts say “a great deal more structural reform is needed.” According to ResearchandMarket projections, Egypt’s electricity supply surplus could reach 74 GW by 2035.

The 2020 US gas storage refill season (April 1 - Oct 31) has started out strong, exceeding 100 billion cubic feet (Bcf) in four out of the past six weeks. “No other refill season recorded more than three triple-digit net injections at this point in time,” analysts said, pointing at slow domestic demand and exports.

Coronavirus lockdowns keep pushing down U.S. energy demand over the summer. Overall electricity demand will total 998 billion kWh from June through August – a 5% drop year-on-year, according to EIA projections. Sales to commercial and industry customers are seen fall by 12% and 9%, respectively.

Energy markets across Europe have largely recovered from the demand shock and drop in power price, caused by coronavirus lockdowns. After 2023 demand will be “hardly affected by the pandemic,” analyst say, except for coal which stays uneconomic due to a massive gas supply overhang.

The public regulator in Massachusetts investigates whether the Boston Everett LNG import terminal might have to close, given that the U.S. northeastern state wants to phase out all fossil power stations. Burning imported LNG so far helps keep the lights on in Boston during the winter season.

China’s southern province of Guandong is considering cutting electricity rates that gas-fired generators can charge from their customers by 5-12%. If enacted, this rate cut risks derailing a wider policy target of boosting gas generation to 35 GW installed capacity.

Page 7 of 224

News in Brief

MAN to maintain power plant in Benin

Oct 23 – PrimeServ, the after-sales brand of MAN Energy Solutions, has signed a service agreement with BWSC for the Maria Gleta power plant near the city of Cotonou, Benin. The 127 MW plant is powered by seven MAN 18V51/60DF engines. The ten-year contract covers the supply of spare parts and the provision of technical services for scheduled maintenance.

Gas saves Virginia over $14bn

Oct 22 – Virginia’s businesses and families saved more than $14.2 billion between 2008 and 2018 thanks to low-cost natural gas and expanded energy infrastructure, according to a new Consumer Energy Alliance (CEA) report. Almost 60% of power generation relies on natural gas and a third of its households use gas for home heating.

Energy storage for LNG-powered vessels

Oct 21 – Louisiana-based Harvey Gulf has asked Wärtsilä to retrofit its energy storage system (ESS) on four LNG-fuelled platform support vessels. Once upgraded in early 2022, all vessels will be of full tri-fuel operation.

Mott McDonald starts construction on ALCP6

Oct 20 – US construction firm Mott McDonald has started building the ALCP6 waste to energy project in Krabi province, southern Thailand. The plant will incinerate 144,000 tonnes per year of municipal solid waste, and the heat obtained will be converted into 6 MW of electricity to be exported to the Thai national grid.

Brace for EU sustainable finance rules

Oct 19 – Sustainable finance practices, drawn up by the European Commission, could create a "bureaucratic monster" that smaller companies and energy investors would find overbearing, the Munich-based Institute for Economic Research (ifo) warned. The regulation should hence prioritise closer scrutiny of large and listed companies.

UK could become net power exporter

Oct 16 – Increased interconnection could provide a route for excess offshore wind power in Britain to be consumed elsewhere in Europe. National Grid Interconnector Register shows up to 16 GW of interconnection could be operational by 2025 and up to 25.4 GW by 2030.

Wärtsilä to deploy GridSolv in US city

Oct 15 – AEP OnSite Partners has contracted Wärtsilä to deploy its GridSolv Quantum energy storage in the city of Martinsville, Virginia. The system includes an UL9540A limiting 2-hour battery firewall and will help lower the city’s energy costs.

Rolls-Royce spends $13.9m in Mankato

Oct 14 – Britain’s engine maker Rolls-Royce has decided to invest nearly $14 million in its Power System business to build a new R&D centre at its MTU manufacturing plant in Mankato, Minnesota, US. The expansion will see 28,000 square foot added to the facility’s existing hall, making room for the production of high-power MTU gas gensets, enhanced product testing and the creation of 20 new manufacturing positions.

Clarke commissions Vitalait power unit in Tunisia

Oct 13 – Clarke Energy and INNIO Jenbacher have completed the commissioning of an onsite power plant of a milk producer in Tunisia. The installation of another Jenbacher gas engine has increased the plant’s output to 4 MW of electricity as well as 1,100 kW of hot water and 800 kW of steam.

Secondary battery market to top $55bn

Oct 12 – Technavio expects the secondary battery market to grow by $55.62 billion through 2024, rising at an 11% rate over the forecast period. Falling costs for lithium-ion batteries as well as growing demand in Asia Pacific allowed the market to grow 2.01% this year, despite adverse effects of the pandemic. Top battery suppliers are Tesla, Clarious, Exide, LG Chem, GS Yuasa and Samsung.

Shift to sustainable tech

Oct 9 – Three quarters of utilities, surveyed by EIT InnoEnergy, are considering adopting sustainable technology over the next 12-18 months. However, over one third of the respondents found it hard to recruit the skills they need.

Generator rentals slow

Oct 8 – The rental market for power generators has slowed down due to the pandemic, with genset rentals from the oil and gas industry forecast to grow by just $153.87 million this year. However, Technavio expects the market will return to a 3% annual growth rate by 2024.

GE upgrades Italian CHP

Oct 7 – GE has completed an axial fuel staging upgrade on its 9E gas turbine at an onsite combined heat and power (CHP) plant at the Milazzo refinery in Sicily. The entire electricity needs of the refinery, over 780 GWh in 2019, will soon be supplied by the upgraded and more flexible gas turbine.

Operating assets ‘from anywhere’

Oct 6 – GE Digital’s latest software gives electric utilities remote and mobile control over their power stations for remote start-up, external monitoring and operational fine-tuning. The goal is to safe cost through autonomous operation from any location.

Chart wins order from New Fortress Energy

Oct 5 – Chart Industries has secured a second leasing order, worth $7.7 million, for ISO containers for LNG applications from New Fortress Energy for a project in the Caribbean. The US equipment maker sees double digit near-term growth in its repair, service and leasing business, notably from growing demand for LNG equipment for infrastructure.

Siemens energises Togo

Oct 2 – Siemens Energy has delivered a SGT-800 gas turbine and other components for the Kékéli Efficient Power plant project. Located in the Togolese capital Lomé, the 65 MW plant will cover almost 40% of country’s expected electricity demand.

Batteries get cheaper

Oct 1 – Cost for battery production is falling rapidly as manufacturers bring large Gigafactories on-line. By 2030, Bloomberg New Energy Finance anticipates battery pack prices to drop to $73 per kilowatt-hour, down from a current volume-weighted average of below $270/kWh.

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