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Eskom facing US$823 million loss

• 2024-07-08 06:53:43
• David Flin

South Africa’s state power company Eskom is set to publish figures showing a $823 million annual loss. Eskom, which recorded a loss of $1.25 billion in 2023, will release the full financial results for the year to March later this year.

GE Vernova wins gas turbine orders in Saudi Arabia

• 2024-07-01 06:28:48
• David Flin

GE Vernova has secured an order for six 7HA.03 gas turbines and two 7W.03 gas turbines from the EPC company SEPCOIII Electric Power Construction (SEPCOIII) for two new power plants in Saudi Arabia.

Siemens Energy to build two gas-fired power plants in Saudi Arabia

• 2024-06-26 07:20:43
• David Flin

Siemens Energy will build the Taiba 2 and Qassim 2 CCGT power plants in Saudi Arabia, along with a 25-year long-term maintenance agreement with a total value of $1.5 billion, and a combined capacity of almost 4 GW.

Leveraging energy storage solutions to lower oil and gas drilling emissions

• 2024-06-12 17:10:29
• Junior Isles

Oil and gas drillers and operators are now benefiting from energy storage solutions that have powered critical equipment in other sectors. Leveraging energy storage with a lower-carbon fuel such as gas is a field-proven way to achieve operational efficiency, enhanced performance and lower emissions simultaneously.

By Chris Berrie, Caterpillar Oil & Gas Drilling & Completions Sales Manager

MHI and EGAT sign MOU to introduce hydrogen large gas turbine co-firing technology

• 2024-06-05 07:27:58
• David Flin

Mitsubishi Heavy Industries (MHI) and the Electricity Generating Authority of Thailand (EGAT) have signed an MOU to conduct research on the introduction of hydrogen co-firing technologies for gas turbine power generation facilities in Thailand.

Geregu and Siemens partner in Nigeria to increase capacity at Geregu 1

• 2024-06-03 07:00:35
• David Flin

Geregu Power and Siemens Energy have signed an MOU to jointly develop solutions to increase capacity at Geregu 1 power plant in in Ajaokuta, Koji, Nigeria.

Supercritical CO2 power plant generates first electricity

• 2024-05-30 07:03:18
• David Flin

The Supercritical Transformational Electric Power (STEP) Demo pilot plant at Southwest Research Institute (SwRI) in San Antonio, Texas, USA has generated electricity for the first time using supercritical CO2 power cycles.

Cancelled Canadian Genesee CCS project wasn’t economically feasible

• 2024-05-07 06:39:23
• David Flin

Capital Power Generation has cancelled a C$2.4 billion carbon capture and storage (CCS) project at its Genesee Generating Station in Alberta, Canada, stating that it is: “Technically viable but not economically feasible.”

Dubai seeks developers for landfill gas power plant project

• 2024-05-02 07:10:24
• David Flin

Dubai Electricity & Water Authority (DEWA) has started a competitive tender process to select a developer to build and operate the Al Qusais Landfill Gas Power Generation plant on an IPP basis.

US EPA to drop hydrogen from power plant rule

• 2024-04-23 06:48:32
• David Flin

Sources close to the Biden Administration have said that it is likely green hydrogen will be dropped from the plan to cut greenhouse gas emissions from the power sector.