E.ON and thyssenkrupp link hydrogen production with VPPs
Europe’s largest power producer E.ON and the German steelmaker thyssenkrupp have teamed up to produce hydrogen by linking large-scale electrolysis… The regulation of the hydrogen plants would be done...
View ArticleMHPS’ T-Point 2 starts commercial operation at over 64% efficiency
Mitsubishi Hitachi Power Systems’ T-Point 2 gas turbine validation facility has started up in Japan. Powered by a JAC gas… Paul Browning, President and CEO of MHPS Americas pointed out the company’s...
View ArticlePenn Power starts grid upgrade to reduce frequency disruptions
Penn Power, a subsidiary of FirstEnergy Corp, has started to modernize its electricity infrastructure in Lawrence County as part of… Works started earlier this month and are expected to be completed by...
View ArticleStay-at-home orders push U.S. residential electricity sales up 6%
Lockdowns and stay-at-home orders have increased U.S. residential electricity use substantially in April through June. The sector would have used… Analysts noted the residential sector is sensitive to...
View ArticleGermany passes law to ensure coal exit no later than 2038
The German Parliament has adopted a law that ensures the phase-out of coal power by no later than 2038. Several… The adoption of the law follows two years of intense debate among energy industry, trade...
View ArticleDominion sells pipelines and storage to U.S. investor Warren Buffet
Dominion Energy has struck a $9.7 billion deals to sell its gas transmission and gas storage assets to Berkshire Hathaway… The assets include over 7,700 miles of natural gas transmission lines, with...
View ArticleUtilities in Germany slash planned investments in 2020/21
Germany's energy industry is slashing planned investment for 2020 and 2021. Though the Government urges utilities to step up and… “There is a high degree of uncertainty for the projects currently being...
View ArticleGolar works with Galileo Tech on small-scale LNG projects in Brazil
Golar Power, part of Hamilton-based Golar LNG, has teamed up with Galileo Technologies to expand its small-scale LNG activities in… The cooperation with Galileo Technologies will allow Golar to develop...
View ArticleRolls-Royce “reviews its options” as takeover rumours mount
Rumours of a Chinese takeover of the British multinational engineering company Rolls-Royce are circulating once again. In a statement, the… “Our current financial position and liquidity remain strong,”...
View ArticleFuelTech wins $2.2 million in equipment orders in Europe and the U.S.
Engineering solution provider FuelTech has been awarded several equipment orders worth $2.2 million. In Europe, two order wins stipulate the… Deliveries for the above orders are due completed by...
View ArticleUS gas exports to Mexico rise with completion of Wahalajara system
Natural gas exports from the United States to Mexico are seen rise by 40% with the completion of the southern-most… Utilization of the Wahalajara system is ramping up quickly which boosts U.S. gas...
View ArticleShanghai Electric renews bid to buy majority stake in K-Electric
Shanghai Electric Power has made a fresh and slightly improved offer to K-Electric to acquire 66.4% of its shareholding. Arif… The intention of the Chinese major is to buy 66.4% of K-Electric’s shares...
View ArticleGRI launches public consultation on oil & gas sustainability standards
Global Reporting Initiative (GRI) has launched a 90-day public comment period for its 2020 Oil and Gas Sector Standard as… The GRI Standard identifies reporting across the 22 most critical...
View ArticleUK’s £3bn energy stimulus package paves way for 2050 net-zero targets
The UK energy industry has welcomed the £3 billion green energy stimulus package, unveiled by UK Chancellor Rishi Sunak as… PwC head of energy & utilities, Steve Jennings, said the £2bn committed...
View ArticleRolls-Royce Power System’s revenue plunges on low U.S. demand
Rolls-Royce’s power systems arm, hit hard by Covid-19 disruptions, has today posted a double-digit decline in revenue. Long-term outlook for… Lockdowns and the economic slowdown have hit industrial...
View ArticleShanghai Electric/Ansaldo consortium to build CCGT in Bangladesh
Shanghai Electric, in consortium with Ansaldo Energia, has been contracted by North West Power Generation to design and build a… Apart from the turbines, Ansaldo Energia will also supply the related...
View ArticleShell’s REFHYNE project gets boosted by EU’s new hydrogen strategy
Shell says its REFHYNE hydrogen electrolyser project, based on proton exchange membrane (PEM) technology, will be supported by the European… Large-scale deployment of clean hydrogen at a fast pace is...
View ArticleNew U.S. sanctions won’t stop Nord Stream-2 following Danish permit
Denmark’s decision to allow Gazprom to build Nord Stream-2’s final stretch with Russian pipe-laying vessels means the controversial interconnector will… Completion of Nord Stream-2 will almost double...
View ArticleGerman Energy Agency advised to reduce EEG levy to zero by 2021
German Energy Agency dena has advised the Government to support households by lowering the renewable surcharge they pay with their… The idea, set out in a position paper by dena with the Institute for...
View ArticleGas turbine market to grow by $2.44bn through 2024, Technavio finds
The global gas turbine market will grow by $2.44 billion, or 2%, over the next four years, according to Technavio… Though the pandemic has sharply reduced growth in most industries, some energy...
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