Daily News

Government-run energy firm Vietnam Oil & Gas Group (PVN) expects to sign an agreement with Exxon Mobil in 2015  to develop the first phase of a multi-billion natural gas field and power project in the country. The intial phase of the project is expected to cost $10 billion and will generate 2,500 MW.

State-owned Saudi Electricity Co (SEC) claims it will bring 4,750 MW of gas-fired power generating capacity online in Riyadh by 2017. The additions will come from three plants -- the 1,150 MW PP10 plant and the PP13 and PP14 plants that each generate 1,800 MW.

U.S. energy firm Dynegy Power plans to purchase 5,053 MW of gas-fired power generation capacity from Duke Energy and Energy Capital. The deals, worth an estimated $6.25 billion, will also include a number of coal plant purchases, Dynegy stated as it aims to boost its overall capacity to nearly 26,000 MW.

The Indian government has approved relief measures designed to improve the availability of gas supply for power plants via its Administered Pricing Mechanism (APM). A financial package worth $19.7 billion will aim to support gas price pooling and reduce gas shortages.

Finance for low carbon power generation technology needs to be accelerated in order to prevent global temperature rises, according to the International Energy Agency (IEA). The organisation’s Energy Technology Perspectives 2014 (ETP 2014) publication calls for new financial instruments to be developed to help minimise risks for investors in new technology.

The Egyptian prime minister Ibrahim Mahlab has urged operators to make more electricity supply available by the start of next week, as public resentment builds against the government over blackouts lasting up to eight hours per day in some regions amid blazing temperatures of up to 40°C.

Knoxville-based power producer Tennessee Valley Authority (TVA) plans to build a 1,000 MW gas-fired power station to replace its existing Allen coal plant in Memphis, Tennessee. The project is expected to cost $975 million and to be complete by December 2018.

Turkish multinational Karadeniz Holding is to send a floating gas-fired power station to Gaza to provide electricity for the region which has struggled to keep the lights on after apparent Israeli shellfire damaged and partially destroyed the Gaza Power Plant – the only source of power supply in the Palestinian enclave.

Increasing the capacity factor of U.S. combined cycle plants to 70% by 2030 to meet Environmental Protection Agency (EPA) targets is ‘doable’, according to Georgia-based energy firm Oglethorpe Power, but will require expansion of the country’s gas pipeline and transportation networks.

Thailand’s state-run energy firm PTT plans to sell shares in its power generation division Global Power Synergy Co (GPSC) via an initial public offering in the first quarter of 2015. The sale is hoped to raise $251.18 million that will be used to boost the firm’s generating capacity from 1,800 MW to 6,000MW.

Marshall County Commission (MCS) has approved a proposal to construct a 549 MW gas-fired power plant in Marshall County, West Virginia. The facility, to be built by New York-based independent power plant (IPP) developer Moundsville Power, will cost an estimated $615 million and is scheduled to start operation in mid-2015.

Nigerian electricity distribution company Eko plans to increase power generation from its network by 20% each year until 2020, to reach 1,000 MW.  Eko is currently in discussions to sign power purchase agreements (PPA) that will underpin investment for six small scale power plants with capacity of 170 MW. Deals are expected to be signed in the fourth quarter of 2014.


News in Brief

Siemens announces new gas-insulated 320-kV switchgear

Aug 26 - Equipment manufacturer Siemens has launched a new gas-insulated 320-kV switchgear product for direct current transmission and high-voltage direct current applications.

The new high-voltage direct current (HVDC) transmission equipment was launched at the Cigré conference in Paris today and uses up to 95 percent less space compared to previous air-insulated units.

RWE approved to sell DEA division to Russia's Alphagroup for €5.1bn

Aug 26 - The German Ministry of Economics has approved power producer RWE to sell its upstream branch, RWE DEA, to LetterOne, a subsidiary of Russian conglomerate Alfa Group .

The deal is valued at €5.1bn and includes production facilities in Germany, the UK, Norway, Denmark and Egypt.

GE to supply SVC for Brazilian electric grid

Aug 26 - GE Power Conversion has won a contract to provide a Static Var Compensator (SVC) to Brazilian energy firm São Pedro Transmisora de Energia and Engeglobal Construções.

The SVC dynamic compensation systems will control the voltage of a long transmission line to ensure grid stability in the Eliseu Martins substation in the state of Piaui, north-east Brasil.

Construction on Russia-China pipeline slated to start in September

Aug 22 – The construction of the ‘Power of Siberia’ transcontinental pipeline between Russia and China may start as soon as September 1.

The massive pipeline follows a 30 year deal that will see Russia supply 1.3 trillion cubic feet of natural gas per year to China.

Modi inaugurates Mouda Super Thermal Power Project

Aug 22 – Indian Prime Minister Narendra Modi has commissioned the 1,000MW stage I of Mouda Super Thermal Power Project to the nation at Mouda in Nagpur.

The project will have a final capacity of 2,320 MW upon completion, with a 1,320 MW) stage II of the project due to start soon.

Macallan distillery to install £74m CHP plant

Aug 20 - UK power developer Estover Energy is to build a  £74m combined heat and power (CHP) plant at the Macallan whisky distillery in Speyside, north-eastern Scotland.

The proposed plant will produce 87.4 GWh per annum of electricity per year and will be part funded by the UK Green Investment Bank (GIB).


ABB launches new gas-insulated switchgear (GIS)

Aug 20 - Swiss power and automation group ABB has announced an improvement to its switchgear technology that deploys a new insulation gas mixture as a substitute for sulfur hexafluoride (SF6).

This newgas mixture replaces SF6 gas now used in switchgear and can substantially lower environmental impact of gas-insulated switchgear (GIS).

Ingersoll Rand to acquire centrifugal compression division from Cameron for $850m

Aug 19 - Irish engineering firm Ingersoll Rand has announced plans to acquire the centrifugal compression division of U.S. firm Cameron International Corp (CAM) for $850 million.

The business provides centrifugal compression equipment and aftermarket parts and services for global industrial applications, air separation, gas transmission and process gas and saw sales of $400 million in 2013.

Plans for 1,600 MW Bhopal plant shelved

Aug 19 - A 1,600 MW power plant in Bhopal, India has been shelved due to lack of funding for the $1.7 bilion project .

The plant would have been a joint venture project between MP Power Generating Company (MPPGCL) and BHEL in the Madhya Pradesh state.

ContourGlobal signs PPA with SENELEC for 53MW Sengal plant

Aug 18 - U.S. energy firm ContourGlobal has signed an agreement with the Senegalese national utility, Societe Nationale d'Electricite du Senegal (SENELEC), to construct a 53 MW thermal gas power plant in Dakar, Senegal.

The organisations signed a 20-year Power Purchase Agreement (PPA) for the plant which is designed to burn either heavy fuel oil or natural gas when completed in 2015.

Mississippi Power starts operations at 700 MW Kemper County plant

Aug 18 - U.S. energy firm Mississippi Power has started operations at its 700 MW Kemper County power plant in eastern Mississippi.

The $5.5 billion plant is currently operating on pipeline gas but ultimatley will use syngas created from lignite coal.

Armenia approves $600m gas power project

Aug 15 – The Armenian government has authorized Anaklia IEP Holdings to build a 540 MW gas power plant which will be driven by two 270 MW GE gas turbines , natural resources minister Yervand Zakharyan said late Thursday at a cabinet meeting.

The project is estimated to cost an estimated $600 million and to be implemented in 18 months. Most of the electricity produced at the plant is earmarked for export.

Latest News on Natural Gas Power Generation, Plants and Generators

Gas to Power Journal is a specialist publication for the natural gas power generation industry, supplying analysis and insight on topics including combined cycle gas turbine technology and gas fired power plant efficiency, as well as developments in plant projects, financing and markets. Our daily updated journal provides insight into the UK, European and world energy markets for those seeking to explore the technical, strategic and commercial opportunities in natural gas power generation and its related topics.

In addition, our website tracks the commercial development of new natural gas power generation projects, through the planning, project finance and construction stages, and on to the procurement of gas supplies. Trading, pricing and product specification trends are highlighted, while regulatory and policy developments are tracked in related fields that may impact the security of natural gas power supply. Shifting demand patterns for natural gas power generation, as a part of global energy demand, are also covered, as part of our in-depth analysis.

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