Projects & Finance

C-Energy, an independent Czech power producer, has become the first user of Roll-Royce’s new medium-speed B36:45V20 gas engine at a cogeneration plant in Tabor, some 100km southeast of Prague. Both B36:45V20 engines were manufactured at the Bergen Engines facilities in Norway.

Austria-based INNIO, formerly part of GE Power, has supplied another four Jenbacher J320 gas engines to China Water Industry Group in Guangdong province, bringing the total number of installed engines to 104 units. China Water uses the J320 engines in landfills to generate energy from waste.

Hungarian utility Tatabanya Erömu has contracted Wärtsilä to upgrade the automation and UNIC engine control system of utility’s 18 MW grid balancing power plant, running on three 34SG gas engines. The extended maintenance accord includes performance guarantees of 95% plant availability, and the ability to run at 10% load.

Siemens has been contracted to supply the complete electrification for a new paper production line at Palm’s paper mill in Aalen, southwest Germany. The order includes three SGT-800 gas turbines – at the latest 62 MW rating – and a SST-300 steam turbine for the client's new-built cogeneration plant.

The Asian Development Bank (ADB) has granted a $180 million loan to Gulf PD, a joint venture of Gulf Energy Development and Mitsui, to build and operate a combined-cycle gas power plant in Rayong, Thailand. Total development costs for the 2,500 MW power project are estimated at $1.6 billion.

SRP, a large community-based utility in greater Phoenix metropolitan area, has decided go ahead with the Sonoran Energy Center – a 250 MW / 1,000 MWh battery project to be built south of Buckeye by 2025. Tapping Arizona’s abundant solar resources, the hybrid project will help SRP meet peak summer demand while saving fuel costs.

Siemens has completed an extensive overhaul of the 794 MW Dunamenti combined-cycle power station in Százhalombatta, Hungary, in 51 days – “a short time for such a big project,” according to Vinod Philip, CEO of Siemens Service Power Generation. Works included a rotor exchange of the gas turbine and a control system upgrade to SPPA-T3000.

Saudi Aramco has been selected to source and supply LNG for a future 3,600-megawatt LNG-based power plant, under development in Bangladesh. Aramco and Acwa Power are building the integrated $3 billion project on behalf of the Bangladesh Power Development Board (BPDB).

German transmission grid operator TransnetBW has commissioned Siemens to build new switchgear in the 380 kilovolt (kV) Daxlanden substation in Karlsruhe, Baden-Württemberg. The order is priced in the low triple-digit millions range, and the commissioning of the turnkey solution will be completed by 2029.

South Korea’s construction conglomerate HDC Group has teamed up with Hanwha Energy to develop an LNG-fuelled power station in Tongyeong, some 330 kilometers south of Seoul. Under the deal, Hanwha will guarantee the LNG supply for the 1,012 MW combined-cycle power plant that is due operational in 2024.

Siemens has been contracted by Vietnam’s Hiep Phuoc Power Co. to convert the customer’s steam power unit in Ho Chi Minh City to combined-cycle mode. The upgraded plant will run on regasified LNG, instead of oil, and see its capacity boosted from 780 MW to nearly 1,200 MW.

MAN Energy Solutions is providing a drink can factory of the Royal Can Making Company in Iraq with six MAN 18V32/40 CD engines, with a total capacity of 53 MW. The recently build power plant in Baghdad will supply power to the factory’s manufacturing site and other nearby industrial plants.

American power plant developer AES Corp has signed a memorandum of understanding with the Vietnamese government to build the Son My-2 combined-cycle gas power plant at an estimated cost of $1.7-billion. Set to be fuelled by imported LNG, the 2.2 Gigawatt (GW) is due operational by 2024.

The Asian Development Bank (ADB) and KfW, the German state-owned development bank, have agreed to expand their cofinancing partnership in Asia-Pacific with an additional $2 billion over the next 4 years. The funds will be used to promote sustainable economic development, a cleaner environment, and renewable energy.

The first two Siemens HL-class turbines ordered from a customer in Asia will be supplied for a new combined-cycle power plant in Yeoju, South Korea. Running on regasified LNG, the projected CCGT will have a generating capacity of more than 1 Gigawatt (GW).

Page 1 of 155

News in Brief

AI predicts peak in power use

Nov 20 – ABB and Verdigris Technologies have developed machine-learning algorithms to predict unplanned peaks in electricity consumption and help avoid them. The Energy Forecasting app will enable users to reduce their electricity bills by reducing peak demand charges.

India’s first UHVDC link commissioned

Nov 19 – GE Grid Solutions has commissioned Pole-3 - the ultra high-voltage direct current (UHVDC) transmission line in India, capable to transmit 4,500 MW of electricity. Once completed the Champa-Kurukshetra UHVDC project will be expanded to transmit 6,000 MW of electricity at 800 kV, serving customers in the areas of Punjab, Haryana, Delhi, Uttar Pradesh.

COP25 urged to step up climate efforts

Nov 18 – The COP25 UN climate conference in Madrid is urged to enshrine greater commitments from the world's industrialised nations to curb their greenhouse gas emissions. “Europe will have to play a key role in this regard,“ environment minister Svenja Schulze said, adding Germany's recently announced climate package marks a "restart" in the country's climate policy.

Wärtsilä launches ‘Expertise Centre’ in Singapore

Nov 15 – The Finish technology group Wärtsilä has chosen Singapore as the location for its latest Expertise Centre (EC) that provides operational support and dynamic maintenance planning, both for marine and energy business customers. All of Wärtsilä’s Expertise Centres combined currently monitor some 900 installations with more than 2,000 engines around the world.

U.S. storage injection hits record high

Nov 14 – Near-record volumes of natural gas have been placed into storage in the United States in the current injection season. According to the U.S. Energy Information Administration (EIA), the amount of gas held in storage in 2019 surged from a relatively low value of 1,155 billion cubic feet (Bcf) at the beginning of April to 3,724 Bcf at the end of October.

SaskPower proceeds with Moose Jaw project

Nov 13 – Canadian utility SaskPower has taken a significant step towards realizing a 350 MW gas power plant at Moose Jaw. The project was first proposed in 2017, but in the Canadian federal government June last year introduced new regulations for gas generation coming online after January 1, 2021, which stalled the plans. Having completed its regulatory review, Sask Power was now granted permission to proceed from the municipality of Moose Jaw. Major Fraser Tolmie said “this $700-million investment into the city of Moose Jaw, will ensure we have base-load power in the province of Saskatchewan and to maintain our power independence.”

Sembcorp powers up first BESS unit in the UK

Nov 12 – Sembcorp Energy UK, part of Singapore-based Sempcorp Group, has started to operate the first 60 MW unit of its battery energy storage system (BESS) fleet, supplied by GE. Combined, the three storage units in Leicestershire and Cheshire will bring Sembcorp Energy UK’s total energy portfolio to 973 MW.

Global gas glut may clear in 2021

Nov 11 – Economics of exporting American liquefied natural gas to Europe no longer add up. With Henry Hub spot prices around $2.7/MMBtu, moving LNG cargoes from the U.S. Gulf Coast to Europe is “not workable,” BP analysts said, indicating that production shut-ins could help clear the massive supply overhang towards the end of 2021.

Gazprom reassures Germany of Ukraine gas transits

Nov 8 – Alexey Miller, chairman of the Gazprom Management Committee, has been trying to reassure the German government commissioner Georg Graf Waldersee that Russia was ready to signing a new transit contract with Naftogaz if both companies mutually waive claims. Before gas flows can proceed, however, Ukraine will have to create an independent gas transmission operator by January 1, 2020.

GE makes gains in wind power

Nov 7 – GE Power is gradually turning away from its loss-making fossil power segment to focus on the fast-growing renewable business. This week, GE struck a deal for its new Haliade-X turbines to be used at Dogger Bank Wind Farms. The three 1.2 GW Dogger Bank projects, situated offshore the UK’s Yorkshire coast, are expected to trigger approximately £9 billion of capital investment between 2020 and 2026.

PetroVietnam eyes LNG-to-Power project

Nov 6 – PetroVietnam has signed an agreement with B.Grimm Power Public Company (BGRIM) to jointly study the development of an integrated LNG import and power generation project. The aim is to build a 3,000 MW gas-fuelled power plant and an adjacent LNG import terminal. The location of the project has not been disclosed.

ABB launches ‘Smart City’

Nov 5 – Electrification specialists of the Swiss manufacturer ABB have designed an interactive ‘Smart City’ that contains smart buildings, e-mobility, energy management and data centers. The use of smart technologies and digitalization are encouraged by the United Nations as a way to help decarbonize cities around the world.

Gazprom, BASF cooperate on sulfur separation

Nov 4 – The Russian major Gazprom and the German chemical company BASF have agreed to devise a comprehensive solution for separation of sulfur from natural gas. The aim is to  enhance eco-efficiency of the Astrakhan gas processing plant and improve operational efficiency of BASF’s amine gas treatment units at the Orenburg gas-fired power plant.

Germany’s emission fall ‘markedly’

Nov 1 – Germany is headed for second consecutive year of substantial reductions in carbon emissions, amid a sharp drop in coal-burn in the power sector and an overall decline in energy use in 2019. If this trend continues, the country could get much closer to its 2020 climate target than widely anticipated.

Exmar to refinance Tango FLNG

Oct 31 – Exmar, the Belgian shipping company, is trying to refinance the Tango FLNG vessel, moored offshore Argentina on behalf of YPF. The aim is to generate around $60 million in additional capital, Exmar said, suggesting a deal will likely be struck in the first months of 2020.

Petronet doubles net profit

Oct 30 – Indian LNG importer Petronet has nearly doubled its net profits in the third quarter although revenues fell by 13%. Net profits came in at 1,089 crore rupees ($153.6m), an increase of 90% on the same period in 2018 as the company benefited from India’s lower corporate tax rates. Third-quarter revenues, in contrast, fell to 9,449 crore rupees ($1.33 billion).

Wildfires spread around LA

Oct 29 – Thousands of Los Angeles residents have been evacuated as wildfires spread fast around the metropolis and power outages brought life close to a standstill. The risk of fires caused by overland transmission lines prompted Pacific Gas & Electric (PG&E) to prolong precautionary blackouts that could last up to three days.