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."
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.
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.
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.
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.