E.ON has bought Verbund's stake in the Turkish utility Enerjisa in a move to gain access to power generation capacity and electricity distribution in the fast-growing Turkish energy market. The transaction will provide E.ON with an platform for growth beyond its existing European markets, E.ON chief executive Johannes Teyssen said today.
Joint venture partners E.ON and Brazil's MPX are fast-tracking a gas generation project at Maranhão under a joint venture set to realise a project pipeline of 10,000 MW of new power generation capacity in Brazil and Chile. "We believe the natural gas projects at Maranhão, as well as wind farms at Rio Grande do Norte, have a big potential for development in the coming years," MPX representative Carla Assemany told Gas to Power Journal.
Pursuing a strategy of integrated gas use, OMV aims to operate its 870 MW Samsun combined-cycle power plant project in Turkey in the long-term on 'equity gas', similar to the new Brazi plant in Romania which runs 100% on gas produced by the company's upstream arm, Hans-Peter Floren, OMV board member responsible for Gas & Power, said in London today.
Tokyo Gas is expanding its power generation capacity as Japan's energy mix shifts away from nuclear towards gas generation, Yasushi Sakakibara, Tokyo Gas' deputy general manager for LNG contracts, has told Gas to Power Journal.
Tokyo Gas plans to start-up a third gas-fired 400 MW unit at its Yokohama power plant in 2015.