Ansaldo, ABB win €70 million contract to improve Italian power grid
Terna, operator of Italy’s high-voltage power transmission grid, has awarded a 70 million Euros order to Ansaldo Energia and ABB… Synchronous condensers are special electric generator applications...
View ArticleEnergy storage market seen to nearly quadruple to 15 GW by 2024
Falling technology costs, policy incentives and clean energy targets are poised to propel up energy storage deployment from currently about… Stabilising supply chains as well as mature and experienced...
View ArticlePlunge in TTF gas prices make less efficient power units competitive
Summer spot gas prices at the Dutch TTF trading hub are likely to plunge towards €9/MWh as the coronavirus outbreak… At certain times, gas-fired power plants with as little as 35 percent efficiency...
View ArticleGazprom uses by-products from Power of Siberia for LNG-fuelled trucks
The Russian gas giant Gazprom plans to order Russian-manufactured LNG-powered trucks to transport liquid helium from the Amur Gas Processing… Prior to being fed into the ‘Power of Siberia’ gas...
View ArticleSiemens to add compressor and gas turbine to Magnolia LNG project
Developers of the Magnolia LNG project in Louisiana have contracted Siemens to add another mixed refrigeration compressor and associated Siemens… Siemens had been initially awarded a contract to supply...
View ArticleDrax to stop burning coal at Yorkshire power plant in early 2021
Europe’s largest coal-fired power plant Drax has decided to stop burning coal at the Selby site as of March 2021,… Record low prices for natural gas, combined with rising UK carbon price support levy,...
View ArticleFirst US LNG to arrive in Vietnam in May, or early June
The first LNG cargo from the Magnolia LNG project in Louisiana, U.S., is scheduled to arrive in May, or early… Delta Offshore Energy, the lead-developer for Bac Lieu CCGT, had been waiting for the...
View ArticleBattery used to black start GE gas turbine at Perryville Power Station
The first battery-assisted black start of a GE 7F.03 gas turbine has been completed at Entergy’s Perryville Power Station in… Entergy Louisiana CEO Phillip May pointed out that “battery technology...
View ArticleTrade tensions unlikely to vanish in U.S. Election Year
With U.S. election looming large in November, analysts say it is unlikely that President Trump will facilitate real breakthroughs on… Though a U.S.-China trade deal includes a promise for $52.4...
View ArticleEIA expands data on dispatch of power plants and energy storage
The U.S. Energy Information Administration (EIA) has started to monitor the usage of peaking power plants and energy storage more… Capacity factors are calculated by dividing the actual electricity...
View ArticleTesla/PG&E get the green light for 1 GWh energy storage in California
Pacific Gas & Electric (PG&E) and Tesla have been given regulatory approval to build a 182.5 MW/730 MWh clean energy… The Tesla/PG&E energy storage will be used to store wind and solar...
View ArticlePivot Power orders 100 MW energy storage from Wärtsilä for UK sites
Pivot Power, part of EDF Renewables, has asked Wärtsilä to deliver 100 MW energy storage for projects in Oxford and… Linked directly to the UK’s high-voltage power grid, the battery storages will...
View ArticleGerman coal regions get €877 million from EU for “just transition”
The European Commission has allocated 877 million Euros of its ‘Just Transition Fund’ to support structural change in German coal… The Just Transition Fund has been set up to support new companies and...
View Article“Rapid pivot to gas” needed to meet rising global energy demand
Unfazed by the coronavirus impact, Xodus believes mid-term energy consumption will continue to rise and that natural gas will meet… Worldwide, primary energy consumption is seen surge from 14,300...
View ArticleAnsaldo aims to build Yashma CCGT in Azerbaijan
Ansaldo Energia is in talks with the Azerbaijani utility JSC Azerenerji to realise the new 1,000 MW Yashma combined-cycle power… These two conventional energy projects are part of a wider Memorandum...
View ArticleGazprom slashes budget, steps up cost cutting for group companies
Russia’s Gazprom is playing hardball to reduce cost of its three main sub-holdings: Mezhregiongaz, Energoholding, and Gazprom Export by 2… Previously, Gazprom had controlled their financial and...
View ArticleAnsaldo wins €180 million contract to expand Turbigo Power Station
Iren Energia has awarded a €180 million contract to Ansaldo Energia to install a 430 MW combined-cycle power unit at… The new combined cycle unit, with a 57 percent yield, will achieve “the first...
View ArticleIran admits occurrence of gas supply shortages this winter
Iranian power plants have suffered fuel shortages this winter as “severe cold weather” pushed up natural gas demand for power… On that date, the current Iranian calendar year will come to an end and...
View ArticleMcDermott advances Lummus sale to repay DIP financing
Cash-strapped McDermott International, a global EPC contractor, is moving forward with the previously agreed sale of Lummus Technology after having… DIP financing over $2.81 billion had been provided...
View ArticleRTE selects Nidec to deploy energy storage to optimize grid flows
The French power grid operator RTE has chosen Nidec to deploy an electricity storage system to optimize the management of… Vingeanne, a region of high wind energy production, was chosen as the location...
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