Projects & Finance

Bechtel has been contracted to provide front-end engineering and design (FEED) for a 3,200 MW combined-cycle power plant in Bac Lieu Province in Vietnam’s Mekong Delta. Fuelled by LNG, the plant and is developed by Delta Offshore Energy and due operational in 2023.

Metaenergia Group has contracted Wärtsilä to supply six gas-fired power plants with 380 MW combined capacity to different locations throughout Italy to help balance the grid. The plants are due operational by June 2022, just in time for the start of Italy’s new capacity market.

YPF Luz, part of the Argentinean oil and gas company YPF, is running the Central Térmica Manantiales Behr on associated gas from its oil production operations. The 58 MW peaking unit is powered by five Wärtsilä 31SG engines and was built by the Finish manufacturer under a full EPC contract.

Norwegian oil and gas company Equinor has stepped up its hydrogen production target in the UK to 1.8 GW, following a visit of Britain’s Energy Secretary Kwasi Kwarteng to Oslo. The aim is to add 1.2 GW capacity to fuel Keadby Hydrogen, the world’s first 100% hydrogen-fired power plant under development together with SSE.

Mitsubishi Power, part of MHI Group, has received an order for a 180 MW combined-cycle power plant fired by blast furnace gas (BFG). Driven by a M701SDAX gas turbine, the CCGT will be built on behalf of the Chinese steelmaker Jiangsu Shagang and is due operational in 2023.

One M501JAC gas turbine has been shipped from Mitsubishi Power Americas to Marlim Azul Energia's power project in Macae, Rio de Janeiro. The fuel-efficient 565 MW unit, due operational in January 2023, will enable Marlim to backup intermittent renewable power supply and turn pre-salt gas into attractively-priced electricity.

Wärtsilä and Schneider Electric have developed a reference design aimed at powering lithium mine operations where there is no access to a grid supply of electricity. The end-to-end design ensures total process expenses are economically viable, notably costs for consulting, project design, the power infrastructure, equipment delivery, installation and commissioning.

Green energy company EI-H2 has appointed Worley to develop the concept design for Ireland’s first green hydrogen production facility. To be built at a cost of €120 million, the 50 MW plant in County Cork will supply over 20 tonnes of green hydrogen per day for industrial use and power generation, once operational in 2023.

GE gas turbine technology will power Australia’s first natural gas and hydrogen-fired power unit at the Tallawarra B station in New South Wales. The 316 MW Tallawarra B unit, driven by a 9F.05 gas turbine, helps to stabilize the grid in the face of the closure of the 1,680 MW Liddell coal power plant in 2023.

Finnish utility Vantaa Energy has engaged Wärtsilä to pre-engineer and develop a Power-to-Gas (P2G) plant. Due commissioned in early 2025, it would be the first P2G plant in Finland to produce carbon-neutral, synthetic methane on a commercial scale with a fuel capacity of 10 MW.

Norwegian transmission system operator Lyse Elnett has contracted Siemens Energy to build new substations and modernise existing ones in the Sør-Rogaland region. Under an 8-year framework agreement, worth up to €200 million, the TSO will eliminate fluorinated gases in their substations by adopting Siemens’ clean air insulated switchgear.

Siemens Energy will build a remote-controlled, gas power plant in Leipheim, in Germany’s southern state of Bavaria. Owned by LEAG, the 300 MW plant will only be dispatched on request of the TSO Amprion to ensure grid stability in an emergency.

Page 5 of 224

News in Brief

CCUS market to reach nearly $3bn in 2025

Oct 25 – The global carbon capture, utilization, and storage (CCUS) market will grow from $1.30 billion in 2020 to $1.46 billion in 2021, according to ResearchAndMarket estimates. The rebound comes as companies return to normal operations and sales, after a pandemic-related slowdown. Analysts expect the market will keep growing at a rate of nearly 20% annually to reach $2.97 billion by 2025.

SDG&E accelerates drive towards Net Zero by 2045

Oct 20 – San Diego Gas & Electric Company (SDG&E) has set a new sustainability strategy, outlining new and accelerated goals to help meet its pledge to reach net zero greenhouse gas (GHG) emissions by 2045. SDG&E it now seeks to operate a 100% zero emissions vehicle fleet by 2035 – five years earlier than planned.

B&W develops biomass-to-hydrogen plant in Australia

Oct 19 – B&W's Renewable segment and Port Anthony Renewables Ltd have started to develop a biomass-to-hydrogen energy project in Victoria, Australia, based on B&W’s BrightLoop technology. When completed, the plant is expected to be part of the largest green hydrogen hub in south-eastern Australia.

LNG prices rise faster than oil

Oct 18 – Liquefied natural gas and pipeline supplies have experienced an even sharper increase in prices in 2021 than oil, driven by a combination of circumstances that included a strong recovery in demand in North Asia, southeast Asia and Europe, unseasonal weather and planned and unplanned capacity outages.

Wärtsilä shaft gensets to power two LNG carriers

Oct 14 – The Finish technology group Wärtsilä has been awarded a contract to supply four shaft generators to provide electricity take-off from the main engines of two LNG carriers. The ships are being built at the Hyundai Heavy Industries (HHI) shipyard in Korea on behalf of the Capital Gas Ship Management of Greece.

VoltH2 gets green light for large hydrogen plant

Oct 13 – Vision Hydrogen Corp has announced that its affiliate VoltHe has received building and environmental permits to realise its first large-scale hydrogen plant at the Dutch North Sea Port of Vlissingen. The 5 MW hydrogen plant is located near existing high voltage power and gas infrastructure as well as large wind power assets. Once operational, it will produce around 3,500 tons of green hydrogen per year and will be scalable to 100 MW or 14,000 tons.

Tesla overtakes German e-cars

Oct 12 – Sales of Tesla in Germany has overtaken that of leading German carmakers. In September, more electric Tesla Model 3s were registered in the country than leading domestic models, such as the BMW 3 Series, Audi A4 and Mercedes C-Class combined.

EnerMech spends £500k on crane training tech

Oct 11 – EnerMech has invested £500,000 in new crane simulator training systems at its Luanda (Angola), Doha (Qatar) and Great Yarmouth (UK) facilities. The British company recently formed a joint venture with 3t Energy Group to bring the KraneSIM-6000 equipment to both Qatar and Angola and offer in-country training across client organisations globally.  

Germany finances green hydrogen projects abroad

Oct 8 – The German government has agreed to support green hydrogen projects in other countries with up to €350 million by 2024, the economy ministry said when publishing a directive with relevant guidelines. Moreover, financial support is given to projects that produce and process green hydrogen for storage, transport and use in countries outside the EU through investment grants worth up to €15 million each.

UK e-car sales surge 186%

Oct 6 – Sales electric cars in the UK have surged 186% to a total of 108,000 in 2020 during the pandemic, up from just 38,000 in the previous year. Latest statistics show there were nearly 300,000 pure-electric cars on UK roads at the end of August 2021, and more than 600,000 plug-in models if including plug-in hybrids (PHEVs).

FogHorn deploys AI software at Chugoku Electric Power in Japan

Oct 4 – FogHorn, developer of Edge AI software, has deployed its Internet of Things (IoT) software at the Chugoku Electric Power hydroelectric power plant. The AI solutions will make the power gen process more efficient and enhances workplace safety. Chugoku Electric Power employs nearly 9,200 workers across 114 power units in the western part of Honshū, the largest island of Japan.

Rolls-Royce supplies MTU engines for ferry propulsion

Oct 1 – Rolls-Royce's new MT engines, automation system, and MTU Go! tool for remote service have future-proofed the high-speed catamaran Avemar Dos, run by the Spanish operator Balearia. Four MTU 20V1163 M84 units replaced the previous 1163 units, taking the vessel to a "new level of ecological soundness," the manufacturer says.

GES appoints former Puma Energy Chairman as NED

Sept 30 – Global Energy Storage (GES) has appointed the former Puma Energy Chairman, Graham Sharp, as an NED. Graham will support GES on its ‘new energies’ strategy for the energy transition, focusing on hydrogen fuels and hydrogen carriers space.

Aggreko reaches 2 GW of live power gen capacity

Sept 29 – Aggreko has today announced it has reached 2GW of live global gas power capacity and growth in flare gas to power and stranded gas projects. This new record follows a milestone of exceeding 1GW of delivered flare gas power projects in 2020.

Wärtislä renews O&M agreement with Lafarge Africa

Sept 28 – The Finish technology group Wärtsilä has renewed a long-term Operation & Maintenance (O&M) agreement with Lafarge Africa, a large producer of building materials in Nigeria. The agreement covers the 100 MW Lafarge Ewekoro power plant, which provides a dedicated supply of electricity to the company’s concrete and cement manufacturing processes.

Rolls-Royce supplies MTU engines to Sanlorenzo

Sept 27 – Rolls-Royce business unit Power Systems will become one of the leading engine suppliers for Sanlorenzo, delivering MTU 10V, 12V and 16V 2000 yacht engines with a compact IMO 3 solution. A framework contract from 2022 through 2024 has been signed at the Monaco Yacht Show.

Shell exits Permian Basin

Sept 24 – Royal Dutch Shell has sold all its upstream interested in US Permian Basin to ConocoPhillips for $9.5 billion in cash. Shell’s assets in the Permian include around 225,000 net acres with a current production of around 175,000 barrels per day equivalent.

House ad Jul2020