Nova Gas Transmission Ltd. (NGTL), a subsidiary of TransCanada, has commissioned Siemens to supply a gas turbine-driven compressor train for the Winchell Lake Compressor Station in Alberta, Canada. The train will be a critical part for the US$1.5 billion expansion program on the NGTL system, responding to new contracted customer demand of 3 Bcf/d.
Though Hawaii generally has a mild climate and high adoption levels of solar photovoltaic systems in the residential sector, the island has the highest electricity prices in the United States. Averaging 27.5 cents per kilowatthour (kWh), Hawaii power prices in 2016 were more than twice the national average, according to IEA figures.
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.
Spending on infrastructure to deliver electricity to American homes and businesses has kept rising over the past 10 years. Utilities representing about 70% of total U.S. electric load spent about $21 billion on capital additions in 2016. The Edison Electric Institute (EEI) says investment in transmission infrastructure has kept rising in 2017 and will soon reach a peak at approximately $22.5 billion.
UK Power Reserve has secured 200 MW of gas-fired power capacity at the latest T-4 Capacity Market auction, for delivery by October 2021. With these contract wins, the flexible power provider now operates portfolio greater than 1 GW. The latest T4 auction awarded capacity agreements to a total of 50,410 MW and cleared at £8.40/kW – well below previous auctions.
Strong seasonal gas demand from the US power sector has pushed the country’s total consumption of natural gas by 13% this week, according to PointLogic Energy data. Exports to Mexico were rangebound, averaging 4.5 Bcf/d while six LNG vessels departed the Sabine Pass liquefaction facility from January 31 to February 7.
Paso Norte Pipeline Group (PNP), the developer of a new US-Mexico interconnector, has launched a 30 day open season inviting shippers to express interest in delivering natural gas from the Permian Basin in the western part of Texas to under-supplied markets in Central and Western Mexico. The bidding process and consultations will last until March 5, 2018.
As the Australian summer enters its peak demand season, the eagle-eyed market operator AEMO is diligently monitoring the grid to maintain power system frequency and keep time errors within limits. EnerNOC recently started to provide to provide up to 70 MW of Frequency Control Ancillary Services (FCAS).
Demand response - as a large ‘ready to use’ resource - can supply grid balancing services faster, cheaper and with fewer emissions than traditional generators can.
Prices for US gas flowing to the Canadian provinces of Ontario and Quebec have risen by a third over the first nine months of 2017, pushed up by a 25% rise in imports. Northbound cross-border pipeline deliveries hit 693 billion cubic feet (Bcf) from January through to the start of October, up from 556 Bcf in the previous year, according the US Department of Energy (DoE).
Reacting to recurring power outages, South Africa is taking steps to reduce its reliance on aging coal-fired plants. Over the next five years, the Government plans to replace some out-dated coal capacity with nearly 10-GW of supercritical coal units. It seeks to attract investment to realize up to 4 GW of gas-fired independent power projects (IPPs) that would be supplied by imported LNG from floating terminals at Richards Bay and Port Coega starting in 2020.
Imposing a more stringent output cap on the Dutch Groningen field, Europe’s largest onshore gas reservoir, due to another earthquake in the area, would leave Europe dependent on importing more natural gas from Russia through the Nord Stream pipeline, Wood Mackenzie warns, saying “upside potential from Norway will be limited until 2019.”
Expanding at an annual rate of 6.07%, the global market for hydrogen generation is expected to reach $154.74 billion by 2022, up from currently $115.25 billion. According to MarketsandMarkets analysis, the merchant segment will grow at the fastest rate due to the rising need for hydrogen for desulfurization of petroleum products.