Projects & Finance

USC Iceberg Central Design Bureau, a Russian shipbuilding company based in St. Petersburg, has launched a tender for a 50-60 MW floating power plant. Potential bidders for the tender are asked to include both construction costs and long-term maintenance costs.

Dubai Electricity and Water Authority (DEWA) has announced it completed 98% of the Jebel Ali M-Station expansion project. The expansion is adding two gas-fired units with a combined 700 MW and will increase M-Stations total capacity to 2,885 MW.

The Austrian manufacturer INNIO has secured an order by Chongqing Energy Investment Group to supply eight Jenbacher J620 gas engines. The units will expand the capacity of Songzao Coal Mine’s on-site power plant, running on coal mine methane (CMM).

Delta Offshore Energy and GE are jointly developing an integrated LNG import terminal and 3,000 MW power plant in Vietnam. The project, situated in Bac Lieu province, is developed on a build, own and operate (BOO) basis and is funded by foreign direct investment.

Power traders have reserved, or firmly booked, over three-quarters of the 1,000 MW day-ahead transmission capacity at Nemo Link, the new interconnector between Belgium and the UK. The £560 million (€639m) project by National Grid and Elia was delivered on time and under budget.

Emirates Water and Electricity Company (EWEC) has invited developers to come forward with expressions of interest (EoIs) to finance, build and operate a 2,000 MW combined-cycle gas power project at Fujairah, UEA. Bids need to be submitted by February 10.

General Electric and Japan’s Sumitomo Corp. will build Sharjah’s first combined-cycle power station in Hamriyah, UEA, under a public-private partnership with Sharjah Electricity and Water Authority (SEWA). The 1.8 GW project will consists of three blocks, the first of which is slated to come online in May 2021.

Oman’s Duqm Integrated Power and Water project (DIPWP) will be driven by Siemens gas and steam turbines, as well as digital solutions. The €200 million contract marks Siemens’ largest order win in Oman, with project completion due in 2022.

Trinidad & Tobago’s Cove Power Plant is now running on a new LM2500 aero-derivative turbine following a $132 million plant expansion. For GE, it was the first gas turbine to be supplied and commissioned in Tobago  – but it has already sold more than 2,200 units around the world.

Start-up of a new substation northwest of Baghdad reduces bottlenecks in electricity supply. The GE-built substation connects over 1,000 MW of installed capacity to the grid and is vital to reduce the risks of blackouts in the Iraqi capital.

The Texan arm of Entergy Corp has selected two Mitsubishi Hitachi Power Systems (MHPS) gas turbines of its Montgomery County Power Station near Willis, due to start operating in 2021. For MHPS the order is the third from Entergy in just 22 months.

The Finish technology group Wärtsilä will supply a gas engine-driven power plant to a leading petroleum company in Argentina. With an initial output of 57.4 MW, which can later be increased to 90 MW, the plant’s electricity output will primarily be used to power the local oil fields in the Manantiales Behr basin.

Protests raised by the Engineers’ Union has forced Ceylon Electricity Board (CEB) to stop construction at three cabinet-approved LNG-fuelled power projects. A China-led 400 MW project, a Japan-sponsored 500 MW project and an India-lead 500 MW project are all halted amid claims that private developers would force the government to buy electricity at higher prices.

Though a tender has been completed, the winning bidder for a 300 MW LNG-fuelled power project in Kerawalapitiya, in Sri Lanka’s western province, is not yet officially named. LTL Holdings submitted the lowest bid of US$ 160 million, but the offer is based on conditions that pile “maximum political pressure” on the government to decide in its favour.

The first application of a Siemens SGT-300 in Canada will take place for an established Montney shale gas producer in Alberta. The customer’s ECP firm ordered two SGT-300 industrial gas turbines for use at a gas processing plant northeast of Edmonton.

Page 15 of 153

News in Brief

Slow start of STT pipeline

Oct 18 – U.S. gas exports to Mexico have not picked up substantially despite the start of the Sur de Texas-Tuxpan (STT) pipeline. Exports are still below 6.0 billion cubic feet per day (bcf/d), although there no current postings regarding maintenance on the Sistrangas pipeline that feeds from NET Mexico.

EIB defers ban on fossil projects

Oct 17 – Luxembourg-based European Investment Bank (EIB) has bowed to pressure from Germany and the European Commission and deferred its decision to ban loans to fossil-fuel projects until mid-November. Germany wants the bank to keep financing gas-fired power projects as it views the cleaner-burning fossil fuel as a vital backup for renewable energy sources.

Brexit will not impact UK gas supply

Oct 16 – Security of power and gas supply in the UK will not be jeopardized this winter by the country’s imminent departure from the European Union, even in the event of a hard Brexit, National Grid said. In its assessment, the TSO factored in a halt to flows via the Belgium and Dutch gas interconnectors “from EU exit day one”, but said ongoing deliveries from Norway, the UK Continental Shelf and storage will continue as usual.

Ferrybridge C gets demolished

Oct 15 – Four cooling towers at the Ferrybridge Power Station have been taken down as the coal-fired power station will make way to a new, high-efficiency gas power station. Operator SSE shut down the 500 MW Ferrybridge C unit in March 2016 and now started to tear it down.

Global energy storage tops 10 GW by 2025

Oct 14 – The global market for grid-connected energy storage will grow by 6,900 MW, or 16.6% to reach over 10,500 MW by the end of 2025, according to Reportlinker.com. Germany will add over 267 MW energy storage installations over the next five to six years, while 330 MW will come from other European markets. These numbers are dwarfed by China, where up to 1,200 MW energy storage units could be connected to the grid by 2025.

Wärtsilä services EDL plant

Oct 11 – Energy Developments Ltd (EDL) of Australia has awarded Wärtsilä a service contract for gas engine-based baseload power plant at the McArthur River zinc mine in Northern Territory. The maintenance approach for the 53 MW onsite power plant is no longer pre-planned and scheduled but has been changed to condition-based and predictive maintenance, with an advisory contract.

EPH buys CCGT in Galway

Oct 10 – The Czech energy company EPH has received regulatory approval to purchase an 80% stake in the 400 MW Tynagh Energy combined-cycle gas power plant in Galway, Ireland. Mountainside Partners will continue to own the remaining stake in the CCGT, which operates based on a security-of-supply contract from the Irish TSO based on guaranteed power prices.

ITM gets £38m boost from Linde

Oct 9 – Sheffield-based ITM Power, maker of electrolysers for hydrogen production, has been boosted by a £38 million cash injection, as Linde acquired a 20% stake in ITM at 40 pence per share. Looking ahead, ITM said it is seeking to raise £14 million from new and existing institutional investors.

Drax to convert two power units

Oct 8 – Drax Group has received government approval to convert up to two coal-fired generating units at its power station in North Yorkshire to run on natural gas. With this ruling, the UK regulator overturned objections by ClientEarth, stressing some fossil power is vital for the UK to backup intermittent renewable power source.

Storage use tops 80% in key U.S. regions

Oct 7 – Gas storage utilization in the United States is rising in the autumn, with net injections topping 112 billion cubic feet (Bcf) in the first week of October. According to EIA figures, underground storages are at least 80% full in the East, Midwest, and South Central non-salt regions, allowing for seasonal withdrawals to help meet peak-day gas demand throughout the upcoming winter.

Maine, NY aspire to 100% clean energy

Oct 4 – Three U.S. states—Maine, New York, and Ohio—have updated their renewable portfolio standards (RPS), since May 2019. As a result, Maine and New York joined California, Hawaii, Nevada, New Mexico, and the District of Columbia in requiring 100% clean electricity by 2050.

TransAlta to built CHP in Alberta

Oct 3 – Canada-based Transalta and SemCAMS Midstream have agreed to develop, construct and operate a new cogeneration facility at the Kaybob South No. 3 sour gas processing plant in Alberta. To be built at a cost of some 105 million, the CHP will have an installed capacity of 40 MW. Start of commercial operation is targeted for late 2021.

GE’s 100th HA turbine sold in Greece

Oct 2 – Greek industrial firm Mytilineos has ordered a GE 9HA.02 gas turbine to be the heart of the 826 MW Agios Nikolaos combined-cycle gas power plant. This deal also marks the 100th unit of GE’s HA gas turbine sold. Construction of the CCGT is due to start before the end of the year.

ABB launches M4M analyzer

Oct 1 – Swiss technology firm ABB has launches its first Bluetooth-equipped network analyzers, called M4M. The system gathers data from distribution grids and connects them to a cloud-based control system, allowing users to react on energy consumption and on-site power generation trends.

Microsoft invests in wind power

Sept 30 – Microsoft and ENGIE have entered a long-term solar and wind energy power purchase agreement (PPA) in the United States. The deal will see Microsoft purchase a total of 230 MW from two ENGIE projects in Texas, bringing Microsoft’s renewable energy portfolio to more than 1,900 MW.

Gazprom tackles issue of ownerless gas grid

Sept 27 – Gazprom, the main supplier of pipeline gas to Europe, is trying to settle the issue of ownerless gas pipelines – a relic of the former Soviet Union. Abandoned gas transmission pipeline spanned 6,651 kilometers as of March 1, with the issue seen as “especially acute” in the North Caucasus region where half of this infrastructure is located. If no owner registers these facilities within three months, Gazprom will take over to ensure reliability and safety.

Investors flock to Myanmar

Sept 26 – Fitch Ratings has singled out Myanmar’s power sector as one of the largest beneficiaries of foreign direct investments (FDI) worldwide. Nearly $21.2 billion was poured into power generation and energy infrastructure projects thus far in 2019, which is 27% of total FDI under the Myanmar Investment Law.