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Asia Outbidding European Utilities for LNG

Northwest European liquefied natural gas terminals are for the first time exporting more of the fuel than they are feeding into the region’s pipeline networks. Even with the European benchmark at a record for this time of year, surging demand in Asia to South America means traders are sending ships with the super-chilled gas there instead of supplying utilities at home. Most of the LNG tankers that have arr ...

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Data Centre Energy Use & Renewable Implementation

The world’s appetite for data is growing as businesses and processes go digital. To feed this demand, experts believe that the ICT industry will be responsible for 14% of global emissions by 2040. Singapore, a growing tropical data centre hub which accounts for 60% of Southeast Asia’s data centre market, expects to see data centres consume up to 12 percent of the country’s total energy demand by 2030, accor ...

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LNG Gas Trade Asia

According to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic meters (bcm) is expected to surpass 500 bcm in 2023, driven by strong dem ...

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Is coal pricing pressuring Malaysias power sector?

 PETALING JAYA: Global coal prices, which have been on a steady rise, hit a six-year high early this month, increasingly putting pressure on the power generation industry in the country. Coal plays a large role in Malaysia’s energy scheme and is fully imported. Some 63%, is imported from Indonesia, with another 24% coming from Australia and the remainder from nations as far away as Russia (11%) and South Af ...

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Ethos Energy Win Taean & Dangjin Power Plant Contracts

EthosEnergy awarded two multi-million dollar subcontracts by Siemens Korea Seoul, KR – EthosEnergy has been awarded two multi-million dollar subcontracts by Siemens Korea (Siemens Ltd Seoul) for work at Taean and Dangjinpower plants. The subcontracts are for a generator stator rewind and upgrade for units 3 and 4 at the Taean Power Plant and Unit 1, 2 and 3 at the Dangjin Power Plant. Lim, HyungJong from Si ...

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The Future is Electric, But Still Dirty – IEA

More of the world will run on electricity in the future, but most of the power won’t be clean. That’s the key message from the International Energy Agency’s latest report on investment trends released Tuesday. The Paris-based organization said that electricity generation attracted more capital than oil and natural gas for the second year in a row, but investment in renewables declined and is expected to kee ...

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MHPS Win Gurmat Order

- Agreement applies to 2 units driven by MHPS-supplied 47.5MW steam turbines - Order reflects high esteem for quality and expertise of MHPS Nagasaki Works and strong proposal made by European service division Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order from Gurmat Electric Generation Co. Inc. (Gurmat), an independent power producer (IPP) in Turkey, for long-term parts management and ...

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Huawei Showcase eLTE-DSA Solution For Oil & Gas IoT

Huawei showcased its 4.5G-based, 5G-oriented eLTE-DSA Solution which leverages wireless narrowband Discrete Spectrum Aggregation (DSA) technology to help the Oil and Gas industry build an energy Internet of Things (IoT). For the Oil and Gas industry, wireless eLTE technology has become an effective means of communication to support real-time monitoring and mobile inspection of systems and devices, especiall ...

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Can Samsung be 100% Renewable By 2020?

Electronics conglomerate Samsung has announced its intentions to become completely fossil-fuel free across its US, European and Chinese sites by 2020. The firm has said clean energy sources will be adopted by all of its factories, office buildings and operational facilities in these regions, with the scheme affecting 17 of its 38 manufacturing bases. Samsung executive vice-president Won Kyong Kim said that ...

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BP & Reliance JV Boost Gas Generation in India

BP and Reliance Industries have set up a joint venture company that aims to supply natural gas to the domestic market from its main production blocks and pursue LNG imports in an effort to boost the share of gas in India's energy basket, the CEO of the new venture said. Vinod Tahiliani, CEO of India Gas Solutions, a 50:50 JV between BP and Reliance, said energy reforms and infrastructure projects undertaken ...

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