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Projects & Finance

Emera, a privately-owned Canadian utility, is spending $541 million to acquire American generator Capital Power Corporation's combined-cycle gas-fired (CCGT) power stations on the US East Coast. Capital Power simultaneously announced it would wind down its commodity and energy trading business outside Alberta before year end. It said "operating complexity is significantly reduced by the divestiture of the northeast US plants."

Saudi state-owned oil company, Saudi Aramco is boosting its energy independence and cost control with plans to build a three combined heat and power (CHP) facilities, with a combined value of 650 million USD in Saudi Arabia, each at a different oil processing and refinery facility.

Contractors Siemens Energy and GS Engineering & Construction (GS E&C), have completed handover of 415MW Dangjin 3, a combined cycle gas turbine (CCGT) power plant in Dangjin-City, South Korea. The client is South Korean power utility GS EPS.

Eon's 1,320MW Grain Power Station, a combined cycle gas turbine (CCGT) plant outside of London, UK that powers a major UK LNG terminal would have to be relocated if plans to build a £68 billion ($106.6 billion) airport on the spot are realised. Boris Johnson, the Mayor of London, has approved proposal for the new airport planned for the Isle of Grain, 43 miles from London in Kent.

Panda Power Funds, a private energy investor, has acquired Moxie Energy's 829MW combined cycle gas turbine (CCGT) power plant under construction, in rural Asylum, Pennsylvania near the Marcellus Shale gas formation. It is the fund's fourth CCGT investment in the past 13 months.

GE has agreed to supply two gas turbine-generators for a 200MW, state-owned combined-cycle gas turbine (CCGT) power plant in Bhola, Bangladesh. The new plant is supporting a plan to increase electricity capacity nationwide from 8 to 20 gigawatts (GW) over the course of eight years, as it adds exports and prevents load shedding.

Dallas-based independent power developer Panda Power Funds will build the proposed 859MW combined-cycle gas turbine (CCGT) Panda Mattawoman power plant, in Brandywine, southern Maryland, near the US capital of Washington DC. The Mattawoman project, scheduled for commissioning in 2016, is intended to cover the gap between power supply and demand in the region.

Grand River Dam Authority (GRDA), a state-owned utility in the US state of Oklahoma, is forging ahead with developing a 400MW combined-cycle gas-fired unit to partly replace the 490MW capacity of Unit 1 at the GRDA Coal Fired Complex while retrofitting Unit 2 as a clean coal plant.

A property owners' joint venture, Wrexham Power Ltd, confirmed plans to spend about £800 million to build Wrexham Energy Centre, a 1,200MW gas-fired power plant, located south of Liverpool in northern Wales. The plant will be adaptable for future Carbon Capture and Storage (CCS) technology which is not yet widely used on gas-fired plants.

Gas engine supplier Wärtsilä has signed a ten year service agreement with Energy Developments Ltd (EDL) of Australia to maintain the remote 53MW McArthur River Mine power plant, a plant under construction in Australia's Northern Territory.

Mitsubishi Heavy Industries (MHI) has won a full-turnkey order to build a 977MW combined cycle gas turbine (CCGT) power plant on behalf of Thailand's independent power producer Khanom Electricity Generating Co. (KEGCO).

Upcoming capacity payments in the UK will need to guarantee Independent Power Producers (IPPs) a stable revenue stream of at least twice the currently calculated Cost of New Entrant (CONE) to make investment in new efficient combined-cycle gas turbine (CCGT) plants economically viable, Mike Benson, business development director at Carlton Power told Gas to Power Journal.

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News in Brief

Orbital signs MSA with Midwestern utility

Dec 3 – Orbital Energy has signed a master service agreement (MSA) with a US Midwestern investor-owned utility. The accord is expected to generate monthly revenues from the fourth quarter and increase revenues by 30% on an annualised basis.

Wärtsilä to use Shell engine oils

Dec 2 – The Finish engine maker Wärsilä has selected Shell as its test oil partner for engines during stress tests and fine-tuning at engine manufacturing sites. Shell’s Mysella, Argina and Gadinia range of engine oils have been developed to provide top class engine cleanliness, enhanced wear protection, long oil life, and high system efficiency.

Hamburg CHP runs fully on hydrogen

Dec 1 – Field testing has started for HanseWerk’s combined heat and power (CHP) plant in Hamburg to run fully on hydrogen. The converted 1 MW pilot plant, powered by Jenbacher engines, provides district heating equal to 13,000 MWh/year to 30 residential buildings, a sports facility, a daycare center, and the Othmarschen Park leisure centre.

Oil majors in the red

Nov 30 – For most oil majors worldwide, higher prices are needed to get their business out of the red. Breakeven prices for Saudi Arabia are $85 per barrel, around $64/bbl for Iraq, $49/bbl for Kuwait and as little as $40/bbl for Russia. As business confidence plummets, major oil companies have already slashed planned CAPEX spending by almost $89 billion in first quarter of 2020, with further cuts being made throughout the summer and autumn.

EU invests into battery cells

Nov 27 – Germany's EU Council Presidency has pledged Europe should develop an integrated value creation chain for battery cells, starting with the processing of raw materials over battery cell production to recycling. Germany is investing 3 billion Euros into the two projects that foster novel methods of battery production.

Rolls-Royce wins order from Hinkley Point C

Nov 26 – Rolls-Royce has been awarded an order from Hinkley Point C to deliver 140 Bibloc pressure transmitters for the two EPR nuclear reactors currently under construction in Somerset, UK. The transmitters will measure the flow, level and pressure of the Nuclear Steam Supply System (NSSS).

CHP industry to grow 14.4% through 2025

Nov 25 – The combined heat and power (CHP) market, evaluated at $12.152 billion, is expected to expand nearly 14.4% per year to reach $27.196 million by 2025. Growth is primarily driven by government funding and subsidy schemes. According to the U.S Environmental Protection Agency, the country aims to install 40 GW of new, cost-effective CHP to save $10 billion per year, compared to current energy use.

Rolls-Royce opens US customer center

Nov 24 – Rolls-Royce has opened its latest US customer support center in Savannah, Gerogia. The 62,000 square feet facility houses a power plant completion center, a wing services repair unit and a warehouse, all under one roof.

Lithium Werks grows manufacturing

Nov 23 – US-Dutch manufacturer Lithium Werks is growing the output and sales fuel cells and battery modules for use as power, pulse, and stand-by applications. The company’s 26650 Nanophosphate cells are used as single cells, as well as to build cell-packs and modules like Lithium Werks P40-24 battery modules. The Austin and Enschede-based company said it can “produce millions of 18650 and 26650 cells a month in China.”

AGL plans 1,000 MWh battery

Nov 20 – Australian power producer and retailer ALG wants to realise a large grid-connected battery storage unit of up to 250 MW rated output and four hours’ duration of storage, equalling 1,000 MWh. The battery will be built in stages on the site of Torrens Island Power Station in South Australia. AGL vowed to reach net zero emissions by 2050, but is currently still operating some 40 GW of coal-fired generation.

Fusion demo plant to be designed in Canada

Nov 19 – Vancouver-based General Fusion has entered a partnership with the architecture firm AL_A to design a demonstration plant, based on magnetized target fusion (MTF). Once operational, the demo plant will showcase MTF technology under power plant-relevant conditions.

Toshiba opens H2One fuelling station

Nov 18 – Toshiba has opened the first ‘H2OneMulti Station’ which fills fuel cell vehicles with green hydrogen and supplies for green electricity at Tsuruga City in Fukui prefecture. The station consists of H2One ST Unit and H2One, using hydrogen produced from wind and solar power sources.

Shale gas market grows at 7% rate

Nov 17 – Unconventional gas markets are poised to grow by $41.76 billion through 2024, rising at a rate of almost 7%. According to Technavio, about 87% of the supply growth this year is coming from the Americas.

Agua Blanca pipeline expanded

Nov 16 – Austin-based WhiteWater Midstream and MPLX have completed a 1.8 billion cubic-feet-per-day (Bcf/d) expansion of their joint venture Agua Blanca pipeline system. Christer Rundlof, CEO of WhiteWater CEO, said the expansion will be brought into service ahead of schedule. Testing and commissioning will begin this month, for the new pipeline stretch to be brought into full service in early 2021.

Wärtsilä integrates clean energy

Nov 13 – Finish technology group Wärtsilä strives to integrate variable clean power sources to achieve a 100% renewable energy future. The necessary operational flexibility will come from gas generation assets running on synthetic renewable fuels and by the extended use of energy storage.

First German-Belgium power link to start operation

Nov 12 – The two TSOs Amprion and Elia are preparing to launch the first electric interconnector between Germany and Belgium. The 1,000 MW interconnector stretches between Aachen and Lüttich, from where it links to the Rhineland region and Wallonia. It will go into operation as of 18 November, with intraday capacities to begin trading on 8 December.

Sachsen Energie takes on E.ON and RWE

Nov 11 – A small regional energy provider in Saxony seeks to counter the dominance of E.ON and RWE. Sachsen Energie, set up in a merger between two local utilities, claims it will become "the largest municipal utility in eastern Germany," catering to about one million customers, when it begins operation in 2021.

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