Lockdown delays U.S. energy storage, undermines project economics
Travel bans, imposed in the United States to contain the coronavirus, have halted commissioning works on energy storage facilities, delayed… Sales challenges and supply issues of key storage components...
View ArticleGazprom starts pre-investment phase of ‘Power of Siberia 2’
The Russian President Vladimir Putin has instructed Gazprom to proceed to the pre-investment phase for the ‘Power of Siberia 2’… Putin instructed the go-ahead for both the liner part of the pipeline...
View ArticleSeven companies look into hydrogen as low-carbon fuel for Singapore
Five Singaporean and two Japanese companies have joint forces to utilize hydrogen as a green energy source in Singapore. Sembcorb,… Working with Chiyoda, a supply chain solution partner, Mitsubishi...
View ArticleUS gas storage surges as domestic demand falters due to pandemic
Stockpiles of domestic U.S. gas production will reach an all-time high in 2020, as drilling companies keep producing record volumes… Shipping data shows, the ‘SK Resolute’ carrier left the...
View ArticleEurope flooded with excess LNG despite slump in energy demand
Excess LNG supplies from the U.S. and diverted cargoes from Asia Pacific are heading for Europe, swelling gas storage and… Asian buyers are trying to resell their contracted US LNG volumes and...
View ArticleGE adds two 9HA gas turbines to 1.8 GW coal power plant in Poland
Polish utility PGE is adding two gas-fired units, powered by GE’s 9HA.01 gas turbines, to its Dolna Odra power plant.… GE, together with the EPC contractor Polimex Mostostal, is building the two...
View ArticleCash-strapped Magnolia LNG delays first cargo to CCGT in Vietnam
Australia-listed LNG Ltd, developer of U.S. Magnolia liquefaction plant, faces a financial crunch as a takeover bid by a Singaporean… “Our existing funding is sufficient to meet all of LNGL’s...
View ArticleChina’s gas demand notches up as Covid-19 lookdown gets loosened
As China strives to rekindle its economy, after strict lockdowns in January and February to contain the coronavirus, energy demand… Daily tariff indicators suggest transport and logistics constraints...
View ArticleWorking from home lifts and spreads the load on the UK power grid
As the UK is on lockdown and most people are working from home, the electric load on the grid has… A day after the government imposed lockdown, energy demand was down 13% across the day (Wednesday 25...
View ArticleMarubeni looks into ammonia co-firing at thermal plants in Japan
Japanese manufacturers Marubeni and IHI Corp are conducting a feasibility study on ammonia co-firing in thermal power plants run by… As ammonia does not emit carbon dioxide at the time of combustion,...
View ArticleK-Electric to use regasified Qatari LNG for Bin Qasim Power Station-3
Pakistan’s K-Electric has been approved to use up to 150 million cubic feet per day (mmcf/d) of LNG for its… Under the previous government, Pakistan LNG Ltd had signed a deal with Qatargas to offtake...
View ArticleFalling technology costs herald rise of Europe’s hydrogen economy
New technologies to produce green hydrogen will allow for 34% of global emissions to be cut “at manageable cost,” Bloomberg… Factoring in the cost of storage and gas pipeline infrastructure, the the...
View ArticleTesvolt starts producing battery storage in first Gigafactory in Europe
German storage company Tesvolt has kicked off production in Europe's first Gigafactory for commercial battery storage systems." Situated in Wittenberg,… Demand has spiked for storage systems with an...
View ArticleMHPS starts to commission T-Point 2 to validate JAC gas turbine
Mitsubishi Hitachi Power Systems (MHPS) has begun the commissioning of T-Point 2, its new combined cycle power plant validation facility… The new T-Point 2 replaces the iconic T-Point in order to...
View ArticleU.S. gas demand falters while exports surge to over 15 Bcf/d
Covid-19 contingency measures have slashed U.S. energy demand, so upstream companies try to sell the surplus abroad. Pipeline gas deliveries… Striving to sell surplus gas production abroad, net natural...
View ArticleTech giants splash out on renewable PPAs and energy storage
Large tech players – Amazon, Apple, Facebook, Google and Microsoft – are migrating hyperscale data centres to renewable energy. Some… “As the Covid-19 pandemic continues and oil and stocks continue to...
View ArticleOrigin cuts Capex but retains profit forecasts in face of Covid-19
Origin Energy, the Australian upstream company and utility, has slashed its capital expenditure in reaction to the global Covid-19 outbreak… “Cash distributions from Australia Pacific LNG are subject...
View ArticleMoody’s considers lowering Henry Hub price band below $2/MMBtu
Reacting to the freefall in energy demand due to coronavirus lockdowns, Moody’s has lowered its price band for Henry Hub… By early 2021, the rating agency expects the global economy will recover and...
View ArticleShut-ins of oil & gas production in North America “imminent”; IEA says
As markets reel from the coronavirus crisis, prices available to oil and associated gas producers have fallen to single digits… At the moment, about 5 million barrels of oil produced worldwide each day...
View ArticleSiemens fires up world’s first SGT6-9000HL gas turbine
The world’s first SGT6-9000HL gas turbine has been fired up at Duke Energy’s Lincoln Combustion Turbine Station near Denver, North… The successful first turbine start-up confirms the engine and...
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