The gas market is not yet fully liberalized and things still needs time, but as the government we are committed to duplicating the efforts made when we liberalized the power market, Turkey's deputy minister for energy and natural resources, Hasan Murat Mercan, told a conference in Istanbul organized by Gas to Power Journal.
Keen to fast-track the liberalisation process of the Turkish energy market, the government has set a timeline for divestment of state-owned power generation assets.
"We hope to finish the privatization of Turkey's thermal power plants by 2015," Atif Kir, Head of Project Group, at the Turkish Ministry of Privatization Administration (OIB) told Gas to Power Journal in an interview.
Ontario Premier Kathleen Wynne has admitted that her Liberal party had made a "political decision" to cancel two under construction gas-fired power plants in Oakville and Mississauga before the 2011 provincial election. The Oakville and Mississauga plants were to have an installed capacity of 900MW and 280MW, respectively.
Minnesota Power, a subsidiary of ALLETE Inc., has released plans calling for a decrease in coal and an increase in natural gas and renewable energy sources in its future power plant portfolio. The company currently generates about 80 percent of its power from coal but envisions a long term target of one third coal, one third renewable, and one third natural gas and other power generating capacity.
Los Angeles will stop using electricity generated from coal-fired power plants by 2025, pledged Mayor Antonio Villaraigosa. "In a couple of weeks, I will be signing agreements to get completely out of coal by 2025," he said at an event sponsored by the UCLA's Institute of the Environment and Sustainability.
A decrease in the use of coal and an increase in the use of gas for electric power generation due to cheaper natural gas prices has played a significant role in reducing US SO2 and NOx emissions in recent years, according to the US Energy Administration (EIA). Between 1990 and 2012, SO2 emissions from electrical power generation fell from over 15 million short tons to about 3 million short tons, while COx emissions dropped from about 6 million short tons to less than 2 million short tons.
The emergence of a harmonised pan-European capacity market design is "unlikely" and efforts may come "too late", says Håkan Feuk, Chairman of TF Market Design for Renewable Energy Integration at Eurelectric, adding that some common denominators for national CRM schemes need to be established to ensure a level playing field for investors and consistency with the integration process of European energy markets.
Spain's power producers are calling for new regulatory support mechanisms to help cover investment costs of existing fossil plants. "It is vital to establish a mechanism to reward the backup service of existing gas-fired plants, particularly because the current Spanish regulation does not allow the closure of loss-making units," says Carmen Vindel, Head of International Regulation, Gas Natural Fenosa.