Competition amongst battery producers is heating up: they have to shorten their time to market, improve their flexibility, quality and efficiency. To help boost the efficiency of large-scale battery production, Siemens has launched portfolio of cloud-based software solutions that help optimize every step of battery production and thus improve the competitiveness of battery manufacturers.
Perth-based Global Energy Ventures (GEV) is seeking to step up shipments of compressed natural gas (CNG) to the Indian subcontinent. “They’ve got major issues in terms of fuel supply,” GEV chief executive Maurice Brand said but cautioned “it's easier to just supply the fuel than build a power plant.
Sagamu Independent Power Plant (SIPP) has handed out an engineering, procurement and construction (EPC) contract to China Energy Engineering to build a 400 MW combined-cycle gas power plant in Nigeria. The new CCGT will be situated in Sagamu in Ogun state, and will be built at a cost of around $550 million.
The New Northern Policy, launched by the South Korean president Moon Jae-in, is seeking new growth drivers in Russia and Northeast Asia. The Korean energy ministry announced Korea Electric Power Corp (KEPCO) will sign a memorandum of understanding with Russia's energy firm Rosseti later this year. The aim is to create a multinational power grid interconnection in the Northeast Asia region that also includes China and Japan.
The full impact of China’s latest price cap on thermal coal prices will be truly felt only after the Lunar New Year, according to Wood Mackenzie’s Northeast Asia senior consultant, Zhai Yu. “Spot coal purchases are currently limited,” Zhai Yu said. “However, once the ‘Golden Week’ holiday period is over [on February 22], thermal coal demand will rapidly return to normal, especially since gencos have very low inventories.”
Awash with cheap shale gas production, Pennsylvania’s energy mix has reached a tipping point: Five new, highly efficient combined-cycle gas power plants, with 5,420 MW of capacity, are scheduled to open over the course of 2018, followed by three more new CCGT plants by 2020 with 2,478 MW combined capacity.
Seeking to grid-integrate more renewable energy, the grid operator of the Belgian region of Wallonia, ORES, has selected GE Power to install an integrated software solution. Following the implementation, GE’s Advanced Distribution Management System (ADMS) will manage 80% of all electrical connections in Belgium.
Acceleration of Europe’s announced gas-fired power projects is likely after 2020, as many EU countries step up efforts to retire nuclear, lignite and hard coal-fired generation. According to Energy Aspects, there are 17 GW of proposed projects in the UK alone while across Europe that figure is 51 GW.
More rigs have been drilled for natural gas than for oil in Saudi Arabia for the first time in seven years, marking a quiet but swift shift to gas and renewables in power generation. The Saudi Kingdom is accelerating its drive to reduce dependence on crude oil exports, while direct burning of heavy fuel oil (HFO) in the power sector has reached multi-year lows.
Saudi Arabia-based Najran Cement Company has renewed the three-year asset management agreement with Wärtsilä for Najran’s two captive power plants in Sultana and Akfah. Under the deal, Wärtsilä will ensure day-to-day operation of the two baseload plants, and carry out preventive and predictive maintenance.
Lacking access to financing is a key hurdle for clean power generation across Africa, Asia and Latin America. To overcome such challenges, the UN Industrial Development Organization (UNIDO) has raised over $1.2 billion in private financing to build, install and operate 701 MW of clean energy projects – notably biogas power plants, solar and wind farms and decentralized mini-grids for underserved areas.
West-to-east power flows on the ERCOT transmission system are bound to rise substantially, following a surge in wind capacity addition in the Panhandle northwestern Texas, and new solar PV resources in far southwest Texas. Rising supply of inherently intermittent renewable energy is proving difficult to integrate; hence transmission line upgrades need to be fast-tracked to allow the grid operator ERCOT balance wind energy in the Northwest with flexible gas-fired generation in the eastern part of the state.
Funding of about $44 million has been freed up by the US Department of Energy (DOE) for design and testing of advanced carbon capture and storage (CCS) technologies. Selected projects include engineering-scale testing of transformational solvent- or membrane-based CO2-capture, and the design of a commercial-scale, post-combustion CCS system at an existing coal power unit.
Noble Energy and Delek Drilling and Noble Energy, partners in developing Israel’s Tamar and Leviathan gas fields, confirmed they signed a $15 billion deal to export up to 64 billion cubic meters (Bcm) of natural gas over 10 years to Egypt’s Dolphinus Holding. Hurdles of how to export the gas to Egypt have not been solved yet, but the Arab nation urgently needs the more gas supply to fuel three 4.8 gigawatt combined-cycle power plants, currently under construction.
Construction of the Afghan section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is scheduled to start on Friday, February 23. Through long in the making, the TAPI interconnector is envisaged to transport Turkmen gas to countries in Asia, notably energy-hungry India.