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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...

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Gazprom 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...

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Seven 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...

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US 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...

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Europe 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...

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GE 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...

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Cash-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...

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China’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...

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Working 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...

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Marubeni 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,...

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K-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...

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Falling 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...

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Tesvolt 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...

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MHPS 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...

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U.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...

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Tech 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...

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Origin 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...

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Moody’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...

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Shut-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...

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Siemens 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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