India is gearing up to become the largest single market for thermal power plants in the world after China. "The world's leading power plant facilities companies are racing to enter the Indian market," Doosan Heavy said with reference to plans of Indian energy companies to spend US$ 25 billion annually on new power plants through 2020 to ease the country's energy shortage.
The German power market is undergoing a transition in generation capacity on the supply side, while demand growth remains subdued, the French investment bank Societe Generale said. "2013 will be a key year for new build, but retirement decisions will be a key strategic variable as early as this year," the bank said in a special report.
RWE has halted operations of three units (1,065 MW) of the gas-fired Gersteinwerk power plant, located near Dortmund, due to a lack of gas supply. "We buy the gas for running the plant on a short-term basis from Open Grid Europe, so gas supply can be intermittent," a RWE Power spokesman told Gas-to-Power Journal.
The Japanese electricity sector is understood to be close to hitting a physical limit in its overall gas-to-power generation capacity at about 6 million tonnes per month. Keen to avert looming electricity shortages, the Tokyo government now considers restarting two nuclear reactors in April, according to a Japanese media report.
E.ON Energy has extended the 446 MW capacity reduction at its gas-fired power plant Irsching 5 until Wednesday, February 15, an E.ON Energy spokeswoman told Gas-to-Power Journal today. The plant operator had filed an Urgent Market Message (UMM) this morning, indicating capacity at the plant was cut due to "issues with fuel supply".
South Korean operators of gas-fired power plants increasingly focus on the efficient operation of their plants as prices for importing LNG remain at high levels. Siemens Energy, a major seller of gas turbines, has singled out efficiency as the key selling point for selling turbines into Asian markets.