Michigan Public Service Commission (MPSC) has approved DTE Electric’s certificates of necessity filing to build a 1,100 Gigawatt gas-fired power station in St. Clair County at a cost of nearly $1 billion. Construction will now start in early 2019, DTE said, aiming to get the plant commissioned by 2022.
Urging for quick action to smarten up electricity transmission networks, Enel CEO Franceso Starace has criticised the lack of support from regulators and policy makers. The need for digitalisation “is very difficult for regulators to understand,” he said at an industry conference in Berlin, but “if you forget the networks, dear ministers, they will not carry on.” For utilities, transiting from fossil fuels to renewables, the grids are seen as a “very sexy part” of the value chain but needed a lot of investment.
Unfazed by Ukraine’s vocal protest, permitting is advancing quickly for Nord Stream-2 AG to build a second pipeline through the Baltic Sea. Finland has just given the green light for pipe laying in its Exclusive Economic Zone (EEZ), all German permits are on the table, but final approval under the Finish Water Act is still pending. Gazprom, the main project sponsor, is now pushing to start construction, stressing the pipeline will “deliver the additional gas required by Europe at a competitive price.”
Initial optimism of global LNG suppliers that South Korea’s new electricity policy might lead to higher demand growth has been replaced by the recognition that more needs to be done for natural gas to replace coal and nuclear in Korea's power generation mix. The 13th Long-term Natural Gas Supply Plan for 2018 to 2031, released by the Government on April 5, anticipates LNG demand to reach 40.5 million tons (Mt) by the end of the forecast period, up just 3 Mt from 2017-levels.
California Independent System Operator (CAISO) has approved a proposal by Pacific Gas and Electric Company (PG&E) to provide a 'clean energy alternative' that will replace a decades-old fossil power plant in the city of Oakland. A Request for Offers (RfO) will be launched shortly, inviting distributed energy providers to propose appropriate solutions. Depending on the exact resource mix, the solicitation will result in 20MW to 45MW of capacity.
Tax credit extensions for renewables in the 2018 US Budget Bill, passed in mid-February, are expected to shape funding for clean energy technologies. The bill raises the existing so-called “45Q” tax credit for storing CO2 permanently underground from $22 today to $50 in 2026. According to IEA Energy Technology Analysts Simon Bennett and Tristan Stanley, this could “provide the first significant stimulus to carbon capture for several years.”
Despite posting a veto threat on twitter, US President Donald Trump on Friday night signed the $1.3 trillion spending bill that passed Congress just after midnight. In an improvised news conference, Trump stressed he “will never sign another bill like this again.” The omnibus spending bill limits federal spent on energy but it avoids drastic cuts, still granting grants the Department of Energy (DOE) and the Federal Energy Regulatory Commission (FERC) a total of $43.2 billion – almost $9 billion above the budget requested by the White House.
Fuel oil imports by South Korean power producers have surged to 200,000 tonnes in March so far, up from 92,000 tonnes in February, according to a Reuters tender. Burning heavy fuel oil (HFO) produces more emissions than natural gas, but it is less carbon-intensive than coal and hence considered compliant with the government’s clean air policies. In February, South Korea’s trade ministry decided to suspend the operation of five coal power stations (2.32GW combined capacity), from March to June.
South Carolina Electric & Gas has submitted an application with state regulators, saying it will need to build a new combined-cycle gas power plant in the next five years to meet peak winter demand, given the failure of its nuclear power project. Costs and location of the proposed CCGT are not yet decided, but SCE&G has already reserved most of the capacity of Dominion’s newly expanded gas pipeline network in South Carolina.
Electric vehicles hold enormous potential but their deployment so far has fallen short. According to The Society of Motor Manufacturers & Traders, some 3,500 of the UK’s newly registered cars were electric or hybrid in 2013, growing to over 63,000 by the end of 2017. However, for electric vehicles become truly mainstream the industry needs to overcome some challenging obstacles, finds Jacob Klimstra, Senior Energy Consultant and Member of the Advisory Board for Electrify Europe.
Eager to clean up air pollution, the Chinese government has mandated several million households in China’s northern provinces to stop relying on coal heating in winter. Gas use and LNG imports have surged as a consequence, with China surpassing South Korea in late 2017 to become the world’s second-largest LNG importer.