Generated by All in One SEO v4.9.2, this is an llms.txt file, used by LLMs to index the site. # Gas to Power Journal Natural Gas Power Generation, Combined Cycle Gas Turbine Generation | Gas to Power Journal UK - Gas To Power Journal ## Sitemaps - [XML Sitemap](https://gastopowerjournal.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Siemens, NVIDIA expand partnership on AI-driven manufacturing](https://gastopowerjournal.com/news/technologyinnovation/siemens-nvidia-expand-partnership-on-ai-driven-manufacturing/) - Siemens and NVIDIA have expanded their partnership to develop AI-driven autonomous manufacturing, deploying new applications at Siemens’ electronics factory in Erlangen, Germany. The applications use AI and digital twins to accelerate production ramp-up and enable more adaptive production planning. According to Siemens, a fully virtual production ramp-up could lower engineering effort by up to 85%, - [Ansaldo marks 25 years of Integrated Plant Support](https://gastopowerjournal.com/news/technologyinnovation/ansaldo-marks-25-years-of-integrated-plant-support/) - Ansaldo Energia has celebrated the 25th anniversary of Integrated Plant Support (IPS), highlighting a quarter century of around-the-clock diagnostics and support for power plant operators worldwide. Launched as a remote monitoring service, IPS has evolved into an ecosystem combining advanced diagnostics and predictive analysis. Today, IPS monitors more than 38 Gigawatt (GW) of installed capacity - [Texas Energy Fund backs Pecos Power Plant in ERCOT](https://gastopowerjournal.com/news/projectsandfinance/texas-energy-fund-backs-pecos-power-plant-in-ercot/) - Texas Energy Fund (TxEF) has backed the development of a 452 MW natural gas-fired power plant in Reeves County, The Pecos Power Plant is the ninth project to receive a finalized loan of nearly $460 million under the fund's In-ERCOT Generation Loan Program. Commercial operation is expected to begin in 2027. The nine projects, funded - [Solar to overtake coal in ERCOT, though gas stays dominant](https://gastopowerjournal.com/news/market/solar-to-overtake-coal-in-ercot-though-gas-stays-dominant/) - Power generation from utility-scale solar is set surpass that from coal for the first time in 2026 within ERCOT, the electricity grid that covers most of Texas – though natural gas remains the dominant fuel source, accounting for a steady 44% of electricity supply. Solar generation is forecast to reach 78 billion kilowatt-hours (BkWh) this - [Wärtsilä bags two orders in Brazil](https://gastopowerjournal.com/news/brief-news/wartsila-bags-two-orders-in-brazil/) - Oct 19 – Wärtsilä has broadened its role in seven power plant projects under two contracts for Brazilian energy company Origem Energia, expanding previously announced engine supply to also include process EPC activities above ground level. The power plant projects represent 371 MW of flexible capacity needed to provide balancing power and support renewables integration. - [TTF rally tilts LNG arbitrage towards Asia](https://gastopowerjournal.com/news/market/ttf-price-rally-tilts-lng-arbitrage-towards-asia/) - Gas prices at Europe’s benchmark TTF trading hub have hit four-year highs, tilting JKM-TTF spreads in favour of LNG deliveries to Asia. On the curve, the TTF December 2026 contract increased markedly, beginning to affect the arbitrage economics for US LNG. The TTF Dec26 contract was last seen at €87.20 per Megawatt-hour (MWh) and US - [Turkey to get diesel from US-Russia deal, seeks cheaper US LNG](https://gastopowerjournal.com/news/market/turkey-to-get-diesel-from-us-russia-deal-seeks-cheaper-us-lng/) - Turkey will get part of the Russian diesel released to global markets under a U.S.-Russia arrangement, energy minister Alparslan Bayraktar said on Sunday, while separately maintaining US LNG should provide Ankara with cheaper gas supplies after 2027. “The US-Russia diesel supply deal is important in terms of energy security for Turkey,” he said, according to - [Hitachi and Ansaldo team up to develop integrated power solutions](https://gastopowerjournal.com/news/technologyinnovation/hitachi-and-ansaldo-team-up-to-develop-integrated-power-solutions/) - Hitachi Energy and Ansaldo Energia today agreed to jointly develop and market integrated power solutions designed to help customers secure reliable power faster by combining Ansaldo Energia’s gas-turbine and generator technologies with Hitachi Energy’s leadership in full grid system integration. The collaboration comes as global electricity demand is forecast to nearly double by 2050. The - [Saipem showcases the CCUS tech](https://gastopowerjournal.com/news/brief-news/saipem-showcases-the-ccus-tech/) - Oct 16 – Saipem has demonstrated its FlatFish autonomous underwater vehicle in Trieste, showcasing technologies designed to improve CO₂ leak detection and monitoring at offshore carbon capture and underground storage sites (CCUS). The technology is gaining relevance in the European power sector as a means of mitigating emissions from coal- and gas-fired generation. Saipem’s demonstration - [Powering offshore data platforms along the US Gulf Coast](https://gastopowerjournal.com/news/technologyinnovation/powering-offshore-data-platforms-along-the-us-gulf-coast/) - Stranded and undervalued natural gas will be used to power US Gulf Coast data centres right at the source through a collaboration between Riverway Group and Offshore Data Center (ODC), based in Houston, Texas, and its affiliate Horton do Brazil Tecnologia Offshore. The partners will combine the latter’s proprietary semi-submersible hull designs with Riverway’s automated - [LNGT Türkiye prepares for FSRU service](https://gastopowerjournal.com/news/projectsandfinance/lngt-turkiye-prepares-for-fsru-service/) - Karpowership’s newly converted floating storage and regasification unit LNGT Türkiye is preparing to enter service under the technical management of Singapore-headquartered Synergy Marine Group. The vessel completed its naming ceremony and sail-away from Seatrium’s Admiralty Yard in Singapore on September 23. It is the seventh and final FSRU delivered under an eight-year LNG carrier-to-FSRU conversion - [Siemens invests in Skeleton to grow foothold in AI factories space](https://gastopowerjournal.com/news/technologyinnovation/siemens-invests-in-skeleton-to-grow-foothold-in-ai-factories-space/) - Siemens has expanded its data center portfolio through a strategic investment in Skeleton Technologies, developer of energy storage systems. The partners’ new offering addresses a central constraint in AI expansion: massive, rapid and recurring swings in electricity demand. AI workloads synchronize thousands of powerful chips, whose power demand can rise or fall within milliseconds and - [JERA invests in US natural hydrogen developer Koloma](https://gastopowerjournal.com/news/hydrogen/jera-invests-in-us-natural-hydrogen-developer-koloma/) - JERA has invested in US-based natural hydrogen exploration and development company Koloma to assess the fuel’s potential as a low-carbon energy source. The deal was made through JERA's corporate venture arm that holds a strategic investment capacity of $300 million. Koloma’s exploration-focused approach offers JERA an opportunity to build knowledge of an emerging hydrogen resource. - [Gas – flexibility reserve, not mainstay of Sweden’s power system](https://gastopowerjournal.com/news/market/gas-flexibility-reserve-not-mainstay-of-swedens-power-system/) - Sweden’s power transition will be overwhelmingly renewable- and nuclear-led, with natural gas expected to remain a marginal, local flexibility resource rather than a central pillar of the country’s generation mix. Installed powergen capacity in Sweden is forecast to expand at a compound annual growth rate of 2.9% between 2025 and 2035, with wind power and - [Aruba’s state power producer orders 70MWh Wärtsilä battery](https://gastopowerjournal.com/news/projectsandfinance/arubas-state-power-producer-orders-70mwh-wartsila-battery/) - WEB Aruba, the island nation’s state power producer, has ordered a 35MW/70MWh battery energy storage system from Wärtsilä to improve grid stability, integrate more renewable energy and reduce electricity costs. The project includes engineering, procurement and construction (EPC) work, a Wärtsilä energy management system (EMS) and energy storage maintenance services. The order was booked in - [Total, KKR to add 700 MW in Texas](https://gastopowerjournal.com/news/brief-news/total-and-kkr-to-add-700-mw-texas-and-ohio/) - Oct 13 – TotalEnergies and KKR have agreed to add 700 MW to their joint venture, which currently holds 1.4 GW of capacity. The transaction covers a portfolio of three large-scale solar power plants located in Texas and Ohio, due commissioned by the first quarter of 2027. All electricity generation by these assets will be - [Saudi Arabia safeguards energy supplies, invests in gas upstream](https://gastopowerjournal.com/news/market/saudi-arabia-safeguards-energy-supplies-invests-in-gas-upstream/) - Saudi Arabia’s energy minister Abdulaziz Salman has said the Kingdom is preparing to safeguard oil and gas supplies to be better prepared for future crisis. "Global energy today faces a real test, and we have put plans in place to preserve energy security before crises occur,” he said during the 25th WPC Energy Congress. The - [Europe faces high gas prices into 2027 as low stocks raise refill risk](https://gastopowerjournal.com/news/market/europe-faces-high-gas-prices-into-2027-as-low-stocks-raise-refill-risk/) - European households and industries face at least another year of high gas prices as gas inventories sit nearly 15% below normal filling levels for mid-October, leaving the EU dependent on scarce spot LNG cargoes and facing a costly refill campaign next summer. “Europe is going into this winter (…) with less gas in storage and - [INNIO and Aggreko extend strategic partnership through 2031](https://gastopowerjournal.com/news/market/innio-and-aggreko-extend-strategic-partnership-through-2031/) - Distributed power producer INNIO has extended its strategic partnership with Aggreko through 2031 with the aim of delivering a minimum of 450 MW Jenbacher Type 4 engines in 2027. At the centre of the partnership is the supply of J420 and J424 engines, though the latest agreement also includes delivery of J620 engines – once - [Four-hour batteries now beat gas peaking plants on cost globally](https://gastopowerjournal.com/news/energy-storage/four-hour-batteries-now-beat-gas-peaking-plants-on-cost-globally/) - Four-hour batteries are now cheaper than new open-cycle gas turbines on a levelized-cost basis in all 43 markets where Wood Mackenzie modelled both technologies. The finding marks a turning point for the peaking power segment, where batteries are increasingly displacing gas-fired capacity on cost especially as LNG price volatility raises generating costs. The cost shift - [Real-time synchronization vs. digital twins](https://gastopowerjournal.com/news/technologyinnovation/emerson-advocates-real-time-synchronization-not-digital-twins/) - Digital twinning, the creation a digital replica of physical assets, has been dismissed as "out of date" – simply because the twin is not alive. Instead, Emerson advocates “real-time synchronization” of the power plant and digital asset representation. What is needed something digital that has the same DNA as the plant, that utilizes collaboration and - [Hyundai engine blocks for ERock](https://gastopowerjournal.com/news/brief-news/hyundai-to-supply-engine-blocks-for-erock/) - Sept 9 – HD Construction Equipment and US onsite power provider ERock have signed a mult-year deal for the supply of gas engine blocks for ERock’s so-called RockBlock generator, deployed to power data centers and critical infrastructure in Texas and beyond. ERock has a track record of supply electricity to customers like Meta and Microsoft, - [EU may need to consume 7% less gas this winter](https://gastopowerjournal.com/news/market/eu-may-need-to-consume-7-less-gas-this-winter/) - EU member states may need to reduce their natural gas and LNG consumption by up 7% this winter to brace against the risk of gas shortages. Storage could provide 7.3 billion cubic metres less gas this winter (November to March) than last, according to IEEFA projections. Together with the EU’s full ban on imports of - [EU prepares to delay methane import rules by one year](https://gastopowerjournal.com/news/regulationpolicy/eu-prepares-to-delay-methane-import-rules-by-one-year/) - European Energy Commissioner Dan Jørgensen said he has asked his team to examine a one-year delay to methane requirements for imported oil, pipeline gas and LNG. The proposed change would move the start of the EU Methane Regulation’s import provisions from January 1, 2027 to early 2028 The retreat follows mounting concerns that the regulation - [2026 October 9](https://gastopowerjournal.com/weekly-news/2026-october-9/) - [Rimac, ECOBLOX develop high-voltage batteries for data centers](https://gastopowerjournal.com/news/energy-storage/rimac-ecoblox-develop-high-voltage-batteries-for-data-centers/) - Croatian EV technology company Rimac Technology and AI infrastructure specialist ECOBLOX re developing a modular data-center system that uses high-voltage batteries and power electronics to help meet the rapidly rising electricity demands of AI computing. The two partners signed a Joint Development Agreement to combine Rimac's battery and power-electronics technology with ECOBLOX's modular data-center architecture - [IHI to convert LNG terminals to ammonia service by 2030](https://gastopowerjournal.com/news/technologyinnovation/ihi-to-convert-lng-terminals-to-ammonia-service-by-2030/) - Japanese technology conglomerate IHI is set to convert selected LNG terminals into ammonia-receiving facilities before 2030. A trial is underway at JERA’s Hekinan thermal power unit 4 to pilot ammonia combustion technology. By converting regas terminals, IHI is leveraging its expertise in corrosion-resistant materials. First modifications of LNG terminals are targeted in the mid‑ to - [Wärtsilä to power US data center](https://gastopowerjournal.com/news/brief-news/wartsila-to-power-us-data-center/) - Oct 5 – Wärtsilä has secured an order to supply a 282 MW onsite power plant for an American data center project. The decentral onsite plant will run on fifteen 50SG engines scheduled for delivery in 2028. The overall power project is expected to be operational in 2029. - [GE Vernova steps up MIT recruitment](https://gastopowerjournal.com/news/brief-news/ge-vernova-steps-up-mit-recruitment/) - Oct 7 – GE Vernova today announced its goal to double the number of interns and permanent hires it brings on board in 2027, expanding its Alliance with the Massachusetts Institute of Technology (MIT). - [EMA studies feasibility of Pulau Tekong energy hub, third LNG terminal](https://gastopowerjournal.com/news/projectsandfinance/ema-studies-feasibility-of-pulau-tekong-energy-hub-third-lng-terminal/) - Singapore’s Energy Market Authority (EMA) is studying feasibility of developing a 200-hectare energy infrastructure cluster on Pulau Tekong that could include a third LNG terminal as well as several hydrogen-ready natural gas-fired power plants. In a tender, launched on October 6, EMA seeks to appoint a consultant to develop a proposed masterplan for the site. - [ADNOC-Gulf LNG deal to strengthen Thai gas power market](https://gastopowerjournal.com/news/market/adnoc-gulf-lng-deal-to-strengthen-thai-gas-power-market/) - Abu Dhabi National Oil Company (ADNOC) has agreed to supply Thailand’s Gulf Group with 2 mtpa of LNG from 2027, strengthening the Thai downstream gas market’s access to long-term LNG supply as domestic gas demand rises in the power sector. The multi-year Sales and Purchase Agreement (SPA) gives Gulf Group a new source of term - [Vietnam: LNG-to-Power plans delayed, Hiep Phuoc stays on track](https://gastopowerjournal.com/news/projectsandfinance/vietnam-lng-to-power-plans-delayed-hiep-phuoc-stays-on-track/) - The Vietnamese government’s plan to expand LNG-fired power generation is facing delays, with the Hiep Phuoc LNG-to-Power project in Ho Chi Minh City standing out as the only project among 18 currently considered capable of meeting its schedule. Hiep Phuoc represents more than 20 Gigawatt (GW) of planned generation capacity. Phase 1 of the Hiep - [Germany looks for investors who “preserve Uniper”](https://gastopowerjournal.com/news/market/germany-looks-for-investors-who-preserve-uniper/) - The German finance ministry wants the winning bidder to keep Uniper’s core businesses – gas trading & supply and power generation – intact as one company, ruling out a break-up or carve-out of the most valuable assets. In its sale notice, the ministry said it is looking for “long-term oriented investor,” though the process has - [European gas prices rise as thin storage clouds winter outlook](https://gastopowerjournal.com/news/market/european-gas-prices-rise-as-thin-storage-clouds-winter-outlook/) - European and UK wholesale gas prices stay high as storages are just 72.4% full as of October 5. The NBP front-month November was last seen trading at 186.45 pence/therm, while the equivalent contract at the Dutch TTF last changed 75.56 Euros per Megawatt-hour. Gas storages in the European Union are holding roughly 820 TWh combined, - [German TSOs introduce maturity test to tackle ‘zombie’ battery projects](https://gastopowerjournal.com/news/energy-storage/german-energy-storage-build-out-undermines-ccgt-economics/) - The German Solar Industry Association (BSW-Solar) has called for battery storage capacity to reach around 100 GWh by 2030, up from more than 25 GWh at the start of 2026. At the same time, Germany’s TSOs are struggling with a surge in battery storage grid-connection applications, including “zombie projects” that lack concrete plans, financing or - [PacificLight breaks ground on CCGT with BEES in Singapore](https://gastopowerjournal.com/news/brief-news/pacificlight-breaks-ground-on-ccgt-with-bees/) - Oct 2 – PacificLight Power has broken ground on a S$1.2 billion hydrogen-ready power plant on Jurong Island, Singapore, a hybrid project integrated with a dedicated battery energy storage system (BEES). With an installed capacity of 670 MW, the combined-cycle gas turbine (CCGT) plant will be Singapore’s largest and most efficient single generating unit when - [German power producers urge Berlin to ease LNG import rules](https://gastopowerjournal.com/news/market/german-power-producers-urge-berlin-to-ease-lng-import-rules/) - German electric industry association BDEW has urged the government to push for a removal of the EU’s methane emission rules for imported LNG to reduce the cost burden of refilling gas storage, and suspend the market-area conversion levy on storage systems “as quickly as possible.” The levy is incurred when gas with a high calorific - [Doosan-led consortium wins EPC contract for Vietnamese CCGT](https://gastopowerjournal.com/news/projectsandfinance/doosan-led-consortium-wins-epc-contract-for-vietnamese-ccgt/) - Doosan Enerbility, in consortium with PetroVietnam Technical Service (PTSC) has won a 840 billion Won ($618 million) EPC contract to build the O Mon 3 gas-fired combined-cycle power plant in southern Vietnam. The O Mon 3 CCGT project, situated some 118 kilometres southwest of Ho Chi Minh City, will be built on behalf of PTSC’s - [Dynamis orders 119 gas turbine cores from Siemens Energy](https://gastopowerjournal.com/news/projectsandfinance/dynamis-orders-119-gas-turbine-cores-from-siemens-energy/) - Dynamis, a Texan maker of rapidly deployable power solutions, has ordered a total of 119 gas turbines from Siemens Energy, for integration in Dynamis’ DT18 units with a view to set up 1.7 GW of mobile utility-grade power. The first batch of SGT-400 cores, with 15 MW output each, will be delivered in 2027. Built - [INNIO closes Enerflex APAC aftermarket deal](https://gastopowerjournal.com/news/projectsandfinance/innio-closes-enerflex-apac-aftermarket-deal/) - INNIO has completed its acquisition of Enerflex’ aftermarket business operations in Australia, Thailand and Indonesia, expanding the gas-engine and distributed-power company’s service footprint across Asia-Pacific. The acquired Enerflex operations include workshop and office facilities, an experienced local workforce and an installed equipment base supported by long-term service agreements with major oil and gas companies in - [Berlin orders SEFE to store more gas as regulator flags supply risks](https://gastopowerjournal.com/news/regulationpolicy/berlin-orders-sefe-to-store-more-gas-as-regulator-flags-supply-risks/) - SEFE, Germany’s state-owned gas importer, has been instructed to buy and store an additional 8 TWh of natural gas by December 15, as Berlin seeks to strengthen winter supply in the face of tight global LNG markets and persistent supply risk to shipments from the Middle East. The order, issued by Economy and Energy Minister - [RWE, KKR join forces in bid for Germany’s Uniper](https://gastopowerjournal.com/news/market/rwe-kkr-join-forces-in-bid-for-germanys-uniper/) - German utility RWE and the US private-equity firm KKR have launched a joint bid for state-owned Uniper, with rival bidders including Norway’s Equinor and Brookfield Asset Management, together with Canada Pension Plan Investment Board. The two companies submitted a non-binding offer for Uniper, Handelsblatt and dpa reported. The joint RWE-KKR bid is notable because RWE - [Singapore to lower power & gas tariffs](https://gastopowerjournal.com/uncategorized/singapore-to-lower-power-gas-tariffs-2/) - Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 S$cents per kWh in the period between October and December 2026. Electricity prices will be at 28.59 cents per kWh - [Singapore’s Q4 energy tariffs fall](https://gastopowerjournal.com/news/brief-news/singapores-q4-energy-tariffs-fall/) - Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 Singapore cents (S¢) per kWh in the period between October and December 2026. Electricity prices will be at 28.59 S¢ - [Singapore to lower power & gas tariffs](https://gastopowerjournal.com/news/brief-news/singapore-to-lower-power-gas-tariffs/) - Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 S$cents per kWh in the period between October and December 2026. Electricity prices will be at 28.59 cents per kWh - [Intercontinental Exchange adds LNG, power derivatives](https://gastopowerjournal.com/news/market/intercontinental-exchange-adds-lng-power-derivates/) - Intercontinental Exchange (ICE) has launched new options on the Japan-Korea Marker (JKM) liquefied natural gas benchmark, LNG balance-of-month freight futures and UK base electricity options. The contracts give energy companies, traders and utilities more targeted tools to manage price and freight exposure as LNG and electricity markets become increasingly interconnected. ICE’s new JKM LNG (Platts) - [Sizewell B extension to cut UK gas reliance, shield from price shocks](https://gastopowerjournal.com/news/regulationpolicy/sizewell-b-extension-to-cut-uk-gas-reliance-shield-from-price-shocks/) - The UK’s decision to keep the Sizewell B nuclear power station operating until 2055 will preserve a major source of baseload electricity and reduce the country’s on reliance on gas-fired generation. The 1.2-gigawatt reactor currently supplies about 3% of UK electricity demand, enough to power roughly 2.5 million homes. EDF estimates that the extended operation - [EDF calls for extended VAT cut](https://gastopowerjournal.com/news/market/edf-calls-for-extended-vat-cut/) - Simone Rossi, CEO of EDF Energy, has warned that Britain was “walking into a second significant energy crisis” after the shock seen four years ago. He called on the government to extend the electricity VAT cut beyond April, when it is currently due to expire. Rossi also urged ministers to approve the Jackdaw gas field - [UK energy bills seen rising 16% in January](https://gastopowerjournal.com/news/market/uk-energy-bills-seen-rising-16-in-january/) - Energy bills in Britain could rise by 16% in January to almost £2,000 a year, adding to pressure on the government to support consumers through the winter. Cornwall Insight forecasts that the typical annual bill for a household on an Ofgem-capped variable tariff could increase by £276 to £1,999. The rise would be the biggest - [Europe’s power mix hits 80% zero-carbon by 2030](https://gastopowerjournal.com/news/market/europes-power-mix-hits-80-zero-carbon-by-2030/) - Europe’s power sector will cross the 80% zero-carbon generation threshold by 2030, even as the region falls short of its flagship renewables targets for the same date. Natural gas generation will run 6% above the prior forecast through to 2040 as offshore wind shortfalls create a gap, although plant utilisation falls from 27% to 22%, - [TTF gas prices rise after Trump rejects Hormuz deal](https://gastopowerjournal.com/news/brief-news/ttf-gas-prices-rise-after-trump-rejects-hormuz-deal/) - Sept 28 – European gas prices at the Dutch TTF rose nearly 2.5% on Monday after US President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz, raising fears that disruptions to Middle East LNG shipments could persist into the winter. The bullishness at Europe’s benchmark gas trading hub is exacerbated by - [INNIO to build grid stabilising power plant near London](https://gastopowerjournal.com/news/projectsandfinance/innio-to-build-grid-stabilising-power-plant-near-london/) - INNIO Group will help deliver a large gas engine-powered peaking plant in Thurrock, just a few miles east of Greater London. The 450 MW plant will be built by Statera Energy, with full operation targeted for late 2026. Once commissioned, the engine power plant is expected to provide enough power for up to 1 million - [Burckhardt Compression selected for MTU test facility near Berlin](https://gastopowerjournal.com/news/technologyinnovation/burckhardt-compression-selected-for-mtu-test-facility-near-berlin/) - Burckhardt Compression has secured an order from MTU Maintenance to supply two high-speed compressor systems at the company’s gas turbine test facility in Ludwigsfelde, south of Berlin. The compressors will support performance testing of industrial gas turbine engines following maintenance, repair and overhaul. The compressor systems have been specifically designed to meet the reliability requirements - [TotalEnergies targets more than 20% powergen growth to 2030](https://gastopowerjournal.com/news/market/totalenergies-targets-more-than-20-powergen-growth-to-2030/) - French major TotalEnergies expects electricity generation to grow by more than 20% a year through 2030, reaching 100-120 TWh annually while new oil and gas production are targeted to increase free cash flow by around $10 billion between 2025 and 2030, equivalent to more than $4 per share. Integrated Power is expected to be cash-flow - [Total, SOCAR, XRG approve Absheron development](https://gastopowerjournal.com/news/market/total-socar-xrg-approve-10bn-absheron-development/) - TotalEnergies, together with SOCAR and XRG, is moving ahead with the full-field development of the offshore Absheron gas and condensate field, locking in up to 6 billion cubic metres per year (bcm/y) of new Caspian supply from 2029. The partners announced the FID on September 26 at the Second Azerbaijan International Investment Forum in Baku, - [High gas prices drive European utilities back to coal](https://gastopowerjournal.com/news/market/high-gas-prices-drive-european-utilities-back-to-coal/) - Surging prices for imported LNG and pipeline gas have are prompting European utilities to shift from gas- to coal-fired power generation. With the October front-month at the Dutch TTF, Europe’s benchmark gas trading hub, nearing €74 per Megawatt-hour, coal- and lignite-fired power plants have become more profitable to run than gas-fired equivalents for the first - [Siemens Energy tests new gas turbine at German Chemical Park](https://gastopowerjournal.com/news/projectsandfinance/siemens-energy-tests-new-gas-turbine-at-german-chemical-park-2/) - Siemens Energy has installed and commissioned an SGT-800 Industrial Demonstrator Turbine at a gas-fired power plant at the Marl Chemical Park in Germany, operated by SYNEQT, a wholly owned subsidiary of Evonik Industries. The SGT-800 will run for four years, providing electrical power and process steam to the chemical industry at the site. Throughout this - [ProPetro to commit 230 MW to Targa](https://gastopowerjournal.com/news/brief-news/propetro-to-commit-230-mw-to-targa/) - Sept 25 – ProPetro Holding, has committed to supply 230 MW of behind-the-meter power to support Targa’s natural gas processing infrastructure in the Permian Basin. The new units bring the total contracted capacity to 510 MW, with full deployment expected in early 2028. - [2026 September 25](https://gastopowerjournal.com/weekly-news/2026-september-25/) - [Korea to invest in 6.3 GW Texan gas power project](https://gastopowerjournal.com/news/projectsandfinance/korea-may-splash-out-on-6-3-gw-texan-gas-power-project/) - The South Korean government has selected a $22.3 billion combined-cycle gas power plant in Encinal, Texas, as the first project under its US investment package. The 6.3 GW plant will be built in stages, starting with an initial 1.4 GW simple-cycle turbine-based unit to test commercial viability. The Phase 1 configuration can later be upgraded - [GE extends lifetime of five 9F turbine powered plants in Egypt](https://gastopowerjournal.com/news/projectsandfinance/ge-extends-lifetime-of-five-9f-turbine-powered-plants-in-egpyt/) - GE Vernova has been contracted by the Egyptian Electricity Holding Company (EEHC) to extend the lifetime of five 9F gas turbines at the Kureimat, Nubaria, and Cairo North power plants in Egypt. The gas turbine rotor is a core component of the power plant that requires scheduled maintenance. To extend and improve the overall rotor - [Grid bottlenecks jeopardise APAC’s energy transition timeline](https://gastopowerjournal.com/news/market/grid-bottlenecks-jeopardise-apacs-energy-transition-timeline/) - Most electricity markets across Asia Pacific are beset with grid access constraints, slowing down the energy transition – except for China. According to the World Energy Council (WEG), China has the “world's most advanced long-distance transmission system,” with its nearly 50 ultra-high-voltage transmission projects that have delivered over 420 GW of cross-regional capacity. Provincial markets - [Fitch ups INNIO’s credit rating](https://gastopowerjournal.com/news/brief-news/fitch-ups-innios-credit-rating/) - Sept 24 – Fitch Ratings has upgraded the credit rating of INNIO to BB from B+, with a stable outlook, following a recent upgrade by Moody’s. Analyst said these upgrades reflect INNIO’s strong operating performance and cash flow generation, supported by a growing installed base for power gen assets that helps underpin service revenues. - [Emerson builds automation service center in Qatar](https://gastopowerjournal.com/news/brief-news/emerson-builds-automation-center-in-qatar/) - Sept 23 - Emerson today announced plans to build its first certified flow calibration lab and an associated automation solution service center in Qatar's Umm Alhoul Free Zone. The new 3,500-square-metre facility will expand Emerson’s local capabilities for customers across the Middle East and Africa. - [Ignitis secures US LNG for powergen, adds Henry Hub exposure](https://gastopowerjournal.com/news/market/ignitis-secures-us-lng-for-powergen-adds-henry-hub-exposure/) - Lithuania’s Ignitis has agreed to purchase U.S.-linked LNG from EQT under a long-term sales and purchase agreement (SPA) covering 10 cargoes annually from 2027 to 2036. The deal marks Ignitis’ first long-term SPA with a U.S. company and introduces Henry Hub-linked pricing into its gas procurement portfolio, supporting fuel supply diversification for the power generation - [India’s urea build-out crowds out gas-fired power gen](https://gastopowerjournal.com/news/market/indias-urea-build-out-crowds-out-gas-fired-power-gen/) - The Indian government’s plan to add about 10 million tons per annum (mtpa) of new urea capacity by 2030 is set to lock in an extra 12–15 billion cubic metres per year (bcm/year) of natural gas demand, tightening feedstock availability for power generators and reinforcing the sector’s shift away from baseload gas‑fired generation. Fertilizer sector - [INNIO, GEUS aim to start up 104 MW Texan power plant in 2027](https://gastopowerjournal.com/news/projectsandfinance/innio-geus-aim-to-start-up-104-mw-texan-power-plant-in-2027/) - Jenbach-based INNIO Group is working with Greenville Electric Utility System (GEUS) on a 104 MW engine-driven power plant in Texas. Construction began in early December, with commissioning scheduled for summer 2027. The plant will be INNIO’s largest US installation to date of its Jenbacher J920 FleXtra gas engines. The project will deploy 11 engines, each - [MOL inaugurates solar & BESS](https://gastopowerjournal.com/news/brief-news/mol-inaugurates-solar-bess/) - Sept 21 - MOL Group has inaugurated a new 37.4 MWp solar park and an associated electricity storage system with 20 MW of nominal power and 40 MWh of storage capacity at its Algyő site in Hungary. The hybrid power unit will strengthens the energy independence of MOL's own operations at Algyő and reduce operating - [Greensand CCS offers route to decarbonise fossil power](https://gastopowerjournal.com/news/projectsandfinance/denmark-opens-eus-first-large-co₂-storage-site/) - INEOS Energy, together with Harbour Energy and Denmark’s Nordsøfonden, have brought Europe’s first large-scale carbon capture and storage (CCS) project into commercial operation. The site at Greensand, will initially store up to 400,000 tonnes of CO₂ a year in a depleted North Sea oil field, with plans to scale to 4–8 million tonnes annually by - [Glencore signs CIF LNG deal to fuel Suntien’s Hebei power fleet](https://gastopowerjournal.com/news/market/glencore-signs-cif-lng-deal-to-fuel-suntiens-hebei-power-fleet/) - Swiss trader Glencore has agreed a 10-year, CIF-supplied LNG contract with S&T International, the LNG procurement arm of China Suntien Green Energy, to underpin gas-fired power generation and industrial supply in Hebei province from 2027. S&T International, listed in Hong Kong, is the designated import vehicle for the Tangshan LNG terminal. Under the deal, Glencore - [China’s battery supply urged to place ‘value over volume’](https://gastopowerjournal.com/news/energy-storage/chinas-battery-supply-chain-should-place-value-over-volume/) - Chinese EV and battery makers should end unsustainable competition, like excessive discounting or overcapacity expansion, and place ‘value over volume’, Wood Mackenzie advises. EVs are forecast to reach 80% market share of new passenger vehicle sales in China by 2035. ‘Nei juan’, Chinese for ‘involution’ e.g. through excessive discounts among peers, is the issue that - [INNIO bags 450 MW order to US power data centers](https://gastopowerjournal.com/news/technologyinnovation/innio-bags-450-mw-order-to-us-power-data-centers/) - Jenbach-based INNIO has secured an order from an US energy company for 450 MW power capacity, as data center developers seek off-grid alternatives to constrained grid infrastructure. The engines scheduled for delivery by 2028. The order was booked in INNIO’s current third quarter of 2026, the company said, attributing the contract win to “continued demand - [Jereh wins EPC for Colombian LNG terminal, start-up in H1-2028](https://gastopowerjournal.com/news/market/jereh-wins-epc-for-colombian-lng-terminal-start-up-in-h1-2028/) - China’s Jereh Group has been awarded an EPC contract to build an LNG import terminal in Colombia, designated primarily to serve the country’s electric power sector. Construction for the Amazónica LNG project, also known as LNG Palermo, will take 18-21 months, with start of commercial operations slated for the first half of 2028. The terminal - [Total, GS Energy sign term LNG supply deal](https://gastopowerjournal.com/uncategorized/total-gs-energy-sign-term-lng-supply-deal/) - French major TotalEnergies and South Korea’s GS Energy have signed a long-term LNG supply contract to help fuel GS Energy’s gas-fired power plants. Contracted volumes and pricing terms were not disclosed. The deal follows a GS Energy procurement tender in which the company reportedly sought up to 0.81 million tonnes per annum (mtpa) of LNG - [Queue for BESS grid connection grows in Germany](https://gastopowerjournal.com/news/energy-storage/grid-connection-requests-for-bess-soar-in-germany/) - Grid-scale battery storage projects with 400 GW capacity and 660 GWh of energy storage combined are in the queue for grid access in Germany. According to the Federal Network Agency, 921 large-scale systems are already operational, while 3,800 requests – representing 25 GW / 46 GWh - were granted, but many more still await approval. - [GE delivers GIS substation at Chesterfield](https://gastopowerjournal.com/news/brief-news/ge-delivers-gis-substation-at-chesterfield/) - Sept 16 – GE Vernova is fast-tracking delivery of new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience across England and Wales in generations. - [Ansaldo completes AEM electrolyser stacks production line](https://gastopowerjournal.com/news/technologyinnovation/ansaldo-completes-aem-electrolyser-stacks-production-line/) - Ansaldo Green Tech has completed a new high-volume production line for anion exchange membrane (AEM) electrolyser stacks at its Genoa facility in Italy, with an annual production capacity of more than 300 MW. The Italian manufacturer said the facility represents a step towards industrial-scale manufacturing of its AEM electrolyser technology. The production line was developed - [YTL Power reserves four more Siemens gas turbines](https://gastopowerjournal.com/news/projectsandfinance/ytl-power-reserves-four-more-siemens-gas-turbines/) - Malaysia’s YTL Power International, Ganda Power and Siemens Energy have signed a reservation agreements for four additional SGT-9000HL gas turbines units, expanding their planned fleet to seven as southeast Asia braces for rising electricity demand from data centres. Combined with three units already secured, the partners now hold seven turbines with a total capacity exceeding - [Trump EPA rolls back power plant emission limits](https://gastopowerjournal.com/news/regulationpolicy/trump-epa-rolls-back-power-plant-emission-limits/) - The Trump administration has finalised the repeal of most Biden-era limits on greenhouse-gas emissions from coal- and gas-fired power plants, while vowing to remove all remaining federal climate standards for the power sector. The U.S. Environmental Protection Agency said the final rule would save $310 billion in compliance costs and help lower electricity prices by - [Singapore’s energy security hinges on LNG](https://gastopowerjournal.com/news/brief-news/singapores-energy-security-hinges-on-lng/) - Sept 14 – Singapore's experience in the Middle East crisis highlights the country’s exposure to external energy supply shocks. Over 95% of Singapore's electricity generation is fuelled by imported LNG, hence diversification is paramount for supply security, said Gan Siow Huang, Singapore’s minister of trade and industry. Singapore is hence developing a second LNG terminal - [H2 trucks and power generators compete for scarce fuel source](https://gastopowerjournal.com/news/hydrogen/h2-trucks-and-power-generators-compete-for-scarce-fuel-source/) - A new alliance of truck-makers aiming to roll out H2-fuelled heavy duty vehicles across Europe by 2030 risks tightening competition for renewable hydrogen with gas-fired power generators already planning fuel switching and co-firing to meet decarbonisation targets. Daimler Truck, Volvo Group, Toyota Motor Corporation, Bosch, Air Liquide, TotalEnergies, TEAL Mobility and MB Energy presented plans - [AFRY technical advisor for LNG-to-Power project in Vietnam](https://gastopowerjournal.com/news/projectsandfinance/afry-technical-advisor-for-lng-to-power-project-in-vietnam/) - AFRY, a company with roots in Sweden, has been chosen as technical advisor for the $2.69 billion integrated Thai Binh LNG-to-Power project in Hung Yen, Vietnam. Scope of works includes technical advisory services for offshore LNG receiving infrastructure and the 1,5 GW combined-cycle power plant. The project is developed by Thai Binh LNG Power JSC, - [German industry starts gas saving, braces for winter shortage](https://gastopowerjournal.com/news/market/german-industry-starts-gas-saving-braces-for-winter-shortage/) - German industrial gas consumers are being urged to prepare for potential supply bottlenecks and elevated prices this winter after transmission system operator Westnetz, an E.ON subsidiary, warned of possible disruptions driven by weather and geopolitical risk. Westnetz is part of Westenergie, which belongs to the E.ON Group. The Dortmund-based utility operates gas and electricity networks - [Vietnam: 1.5 GW LNG power project to start up in 2031](https://gastopowerjournal.com/news/market/vietnam-1-5-gw-lng-power-project-to-start-up-in-2031/) - TotalEnergies and Vietnam’s T&T Energy Group have agreed to establish a consortium to finance, build and operate the 1.5 GW Long Son LNG-fired power project in Ho Chi Minh City with a view to get the 1.5 GW plant into commercial operations by 2031. The project has a preliminary total investment of nearly 40 trillion - [LNG – Southeast Asia’s default fuel for 24/7 AI power load](https://gastopowerjournal.com/news/market/lng-southeast-asias-default-fuel-for-24-7-ai-power-load/) - Southeast Asia’s hyperscale data centre boom is set to lift regional LNG demand by about 16% a year through 2035, with combined-cycle gas turbines (CCGT) currently seen as the most viable technology capable of meeting data centres’ 24/7 reliability requirements at scale as grid-scale battery storage is expected to remain uneconomic across the region until - [Power crunch forces Bangladesh to pay dearly for third FSRU](https://gastopowerjournal.com/news/market/power-crunch-forces-bangladesh-to-pay-dearly-for-third-fsru/) - China National Energy Engineering & Construction (CNEE) is understood to make Bangladesh pay almost 37% more for regasification services than it currently pays for a planned third floating LNG import terminal. The government in Dhaka is still negotiating with CNEE how much of this premium is justified. The state-owned Chinese company submitted a plan to - [AI-linked power projects double in US](https://gastopowerjournal.com/news/brief-news/ai-linked-power-projects-double-in-us/) - Aug 31 – The number of gas-fired power plant projects, linked to US data centres, has nearly doubled in the first half of 2026. According to Global Energy Monitor, 378 MW of gas capacity is currently under development in the US, one-third of total projected capacity worldwide, led by Texas with 122 MW. - [Musk builds SpaceX foundry for gas turbine blades in Texas](https://gastopowerjournal.com/news/market/musk-builds-spacex-foundry-for-gas-turbine-blades-in-texas/) - SpaceX has been building a “secret foundry” to manufacture turbine blades and vanes in Bastrop, Texas, Elon Musk confirmed, claiming the move helps solve one of AI’s most pressing bottlenecks in getting access to electricity fast. “The limiting factor for natural gas turbine production is casting the blades & vanes,” Musk wrote on the platform - [Pertamina opens prequalification for gas engine power plant](https://gastopowerjournal.com/news/market/pertamina-opens-prequalification-for-gas-engine-power-plant/) - PT Pertamina Power Indonesia has opened prequalification (PQ) for contractors to supply and install a gas engine-based power plant, according to an industry notice published on August 31. The prequalification process is the first step in a two-stage procurement, inviting EPC firms and equipment vendors to register ahead of a formal invitation to bid. The - [Ghana advances 1.2 GW gas power project](https://gastopowerjournal.com/news/market/ghana-advances-1-2-gw-gas-power-project/) - Ghana is advancing a state-owned 1,200 MW gas-fired power plant project, to be built at Kafodzidzi-Abrobeano in the Central Region, that would exceed the 1,000 MW Akosombo hydropower plant in size. Feasibility studies have confirmed the project’s economic viability, early engineering works is underway with a view to get the first 600 MW unit into - [Petrobras, Seatrium in talks to export LNG to Asian utility buyers](https://gastopowerjournal.com/news/market/petrobras-seatrium-in-talks-to-export-lng-to-asian-utility-buyers/) - Brazil’s state oil company Petrobras is in negotiations with Singapore-based shipbuilder Seatrium on ways to liquefy and export gas produced in Brazil’s giant deepwater Atlantic pre-salt fields, catering to rising demand from gas-fired power generators across Asia in a tight market. “We see room to export gas using LNG vessels,” Petrobras CEO Magda Chambriard told - [2026 August 28](https://gastopowerjournal.com/weekly-news/2026-august-28/) - [Electric car sales soar in Australia and EU, but stagnate in China](https://gastopowerjournal.com/news/market/electric-car-sales-soar-in-australia-and-eu-but-stagnate-in-china/) - A weaker car market in China and a slowdown in domestic sales is outnumbering rising electric car uptake in Australia and Europe. Demand is forecast to pick up this autumn, lifting electricity demand at a time of tight energy markets and high fuel costs. According to the International Energy Agency (IEA), the number of electric - [Trump orders ban on certain foreign equipment for US power grid](https://gastopowerjournal.com/news/regulationpolicy/trump-orders-ban-on-certain-foreign-equipment-for-us-power-grid/) - US President Donald Trump signed an executive order today, banning the acquisition, import or installation of certain foreign-made equipment that are claimed to “exploit vulnerabilities in the United States bulk-power system." The President finds the foreign supply of bulk-power system equipment “constitutes an unusual and extraordinary threat (…) to national security, foreign policy, and economy - [Data center’s next bottleneck: water, not just power](https://gastopowerjournal.com/news/market/data-centers-next-bottleneck-water-not-just-power/) - The electricity hunger of data centers had initially been in focus, but attention shifts to the scale of water required for these facilities to operate. Without water-saving measures, global water consumption by data centers could rise to 644 billion liters per year by 2030, according to Rystad Energy calculations. Data centers use water primarily to - [GE to deliver GIS substation at Chesterfield](https://gastopowerjournal.com/news/brief-news/ge-to-deliver-gis-substation-at-chesterfield/) - Aug 27 – GE Vernova has been chosen by Laing O'Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience in a sustainable manner. The projects form - [Ofgem lifts energy price cap, VAT cut on electricity softens the raise](https://gastopowerjournal.com/news/regulationpolicy/ofgem-lifts-energy-price-cap-vat-cut-on-electricity-softens-the-raise/) - UK energy regulator Ofgem has lifted the price cap to £1,723 from the start of October, a 4% rise for a typical household, although the government’s cut in value added tax (VAT) makes the raise of the cap smaller than it otherwise would have been. The British Prime Minister Andy Burnham announced on taking office - [GE Vernova launches 420-kV SF₆-free circuit breaker](https://gastopowerjournal.com/news/technologyinnovation/ge-vernova-launches-420-kv-sf₆-free-circuit-breaker/) - GE Vernova has launched the GL316c circuit breaker– a new 420 kV device with a 63 kA CO₂-O₂ live tank – at the CIGRE Paris 2026 trade show, expanding its range of SF₆-free devises available to TSOs upgrading high-voltage networks. Circuit breakers interrupt electrical current in substations when faults occur, protecting equipment and supporting reliable - [Siemens Energy prepares to spin off ToI unit under Omterra brand](https://gastopowerjournal.com/news/market/siemens-energy-prepares-spin-off-toi-unit-under-omterra-brand/) - Siemens Energy is starting preparations for the legal and operational separation of its Transformation of Industry (ToI) business area to become a standalone entity. The future setup is intended to attract external investors for a potential stock market listing. The carve‑out, internally codenamed “Project Voyager”, will initially operate under Siemens Energy’s future brand, Omterra, once - [New gensets for Project Permian](https://gastopowerjournal.com/news/brief-news/new-gensets-for-project-permian/) - Aug 26 – Net Power has agreed to purchase 123 MW of new power generation equipment to increase the installed capacity of its Project Permian to nearly 200 MW. The gas-fired power project in West Texas is being gradually scaled up to 1 GW. - [Aggreko files for IPO, bets on data-centre demand for gas gensets](https://gastopowerjournal.com/news/market/aggreko-files-for-ipo-bets-on-data-centre-demand-for-gas-gensets/) - Aggreko has filed for a US initial public offering at the New York Stock Exchange (NYSE), positioning its gas‑powered generation fleet as a core growth engine amid data centres’ rising demand for flexible, fast‑to‑deploy electricity. The planned listing marks Aggreko’s planned return to public markets five years after the company de‑listed from the London Stock - [RWE divests wind licences, redirects proceeds to US gas peakers](https://gastopowerjournal.com/news/market/rwe-divests-wind-licences-redirects-proceeds-to-us-gas-peakers/) - German utility RWE has reallocated $1.22 billion from a settlement with the US Interior Department for the sale of three offshore wind leases, to commit $300 million to secure turbine capacity for 15 gas peaking power projects. The location of the projects has not been specified, nor has RWE disclosed the turbine manufacturer. RWE said - [Hitachi accelerates SF6-free grid modernization](https://gastopowerjournal.com/news/technologyinnovation/hitachi-accelerates-sf6-free-grid-modernization/) - Hitachi Energy has launched new technology additions to its EconiQ high-voltage portfolio at the CIGRE 2026 trade show in Paris, helping utilities move away from sulfur hexafluoride (SF6) in power grids. Recent order wins come from the North American TSOs Wesco and HydroOne Networks as well as the German grid operator TenneT. "Ontario's electricity demand - [Uniper-Equinor SPA strengthens German gas supply through 2041](https://gastopowerjournal.com/news/market/uniper-equinor-spa-strengthens-german-gas-supply-through-2041/) - German utility Uniper has signed a 15-years gas sales and purchase agreement (SPA) with the Norwegian supplier Equinor, securing more than 30 TWh of gas annually, equivalent to about 2.8 Bcm/y through to 2041. Deliveries will begin on 1 January 2027 and will be made at Trading Hub Europe, Germany’s virtual gas market area. The - [Doosan, SEPCO-3 bag EPC contract for power plant in Oman](https://gastopowerjournal.com/news/projectsandfinance/doosan-sepco-3-bag-epc-contract-for-power-plant-in-oman/) - South Korea’s Doosan Enerbility, in consortium with the Chinese construction company SEPCO-3, has won a contract worth approximately 930 billion Won ($670 million) to carry out engineering, procurement and construction (EPC) for the 1,700 MW Misfah combined-cycle gas turbine power plant in Oman. Doosan will also supply core power plant equipment, including the steam turbine - [Singapore allocates new data centre capacity](https://gastopowerjournal.com/news/brief-news/singapore-allocates-new-data-centre-capacity/) - Aug 24 – Singapore’s Economic Development Board (EDB) has provisionally allocated 200 MW of new data centre capacity to Digital Realty, Equinix, Keppel Data Centres and ST Telemedia Global Data Centres, with each receiving 50 MW for facilities on Jurong Island. All sites will be developed within JTC’s planned low‑carbon data centre park on Jurong - [GE Vernova selected for Stage 3 of Queensland Supernode BESS](https://gastopowerjournal.com/news/energy-storage/ge-vernova-selected-for-stage-3-of-queensland-supernode-bess/) - Quinbrook, the developer and investor behind the Queensland battery storage development, has selected GE Vernova to develop the third stage of the BESS project. Situated at a strategic point in Queensland’s electricity network, Supernode is designed to store electricity when supply is high and return it to the grid when demand rises or renewable generation - [Ansaldo on track to convert Swiss test facility by early 2027](https://gastopowerjournal.com/news/technologyinnovation/ansaldo-converts-swiss-test-facility-into-250-mw-reserve-plant/) - Ansaldo Energia is accelerating works to convert its test facility in Birr to deliver 250 MW of strategic reserve capacity from February next year. Switzerland’s Federal Office of Energy has prioritized capacity reserves of several hundred megawatts through 2027. The Birr facility, located in the canton of Aargau, unit will remain on standby and be - [Tamboran readies first Beetalloo gas for Darwin power market](https://gastopowerjournal.com/news/market/tamboran-readies-first-beetalloo-gas-for-darwin-power-market/) - First gas is on track to start flowing in September from Tamboran Resources’ Shenandoah South drilling site in the Beetaloo Basin to Darwin and Australia’s wider Northern Territory market, marking pivotal step toward unlocking the region’s shale gas potential and spurring gas-fired power and data centre developments. The prospects for fracking in the Beetaloo are - [German gas storage only half full](https://gastopowerjournal.com/news/brief-news/german-gas-storage-only-half-full/) - Aug 21 – Germany’s underground gas storage facilities are only about 50% full as of mid-August, well below last year’s roughly 67%. To achieve the targeted 70% filling levels by November, the government is preparing additional intervention options although traders remain cautious amid elevated prices and geopolitical uncertainty. - [Honeywell commercialises UT Austin’s advent solvent for CCS](https://gastopowerjournal.com/news/technologyinnovation/honeywell-commercialises-ut-austins-advent-solvent-for-ccs/) - Honeywell is seeking to commercialise “Advent Solvent” technology, developed by the University of Austin, for more efficient post-combustion CO₂ capture. A licensing agreement grants Honeywell rights to deploy the patented amine-based solvent system through its Advanced Solvent Carbon Capture (ASCC) offering, targeting power plants and hard-to-abate industries. As of mid-2026, no commercial-scale projects have been - [US electric cooperatives call for repeal of carbon standards](https://gastopowerjournal.com/news/regulationpolicy/us-electric-cooperatives-call-for-repeal-of-carbon-standards/) - Several US electric cooperatives are pressing the Trump administration to repeal greenhouse-gas standards for new gas-fired power plants, claiming the regulations could restrict their ability to add reliable generation as electricity demand from data centres accelerates. The Environmental Protection Agency (EPA) had finalized the standards in April 2024 under the Biden administration. The rule divides - [Henry Hub gas futures rise as Texas heatwave boost power demand](https://gastopowerjournal.com/news/market/henry-hub-gas-futures-rise-as-texas-heatwave-boost-power-demand/) - The September Henry Hub contract settled 8.6 cents higher at $2.759 per million British thermal units on Wednesday, according to CME data. Analysts anticipate further price rises as weather forecasts turned hotter across the southern and western part of the US. Eli Rubin, senior energy analyst at EBW Analytics Group, said peak demand on the - [GE, Eneva start commercial operation at Brazil’s Azulão I plant](https://gastopowerjournal.com/news/projectsandfinance/ge-eneva-start-commercial-operation-at-brazils-azulao-i-plant/) - GE Vernova and Eneva, Brazil’s largest private power plant operator, have begun commercial operations at the 295-MW Azulão I gas-fired power unit in Silves, about 330 km from Manaus. Azulão I, the first phase of Eneva’s Azulão Complex, will supply power to Brazil’s National Interconnected System (SIN) under a 15-year contract. At the core of - [EIA forecasts record US gas output, lower Henry Hub spot prices](https://gastopowerjournal.com/news/market/eia-forecasts-record-us-gas-output-lower-henry-hub-spot-prices/) - Record US natural gas production is set to improve the economics of gas-fired power generation by pushing Henry Hub spot prices lower, even as electricity demand climbs to new highs. The Energy Information Administration (EIA) forecasts US marketed natural gas production will average 122.5 billion cubic feet per day (Bcf/d) in 2026, surpassing the 2025 - [Russian attack damages DTEK power plant](https://gastopowerjournal.com/news/brief-news/russian-attack-damages-dtek-power-plant/) - Aug 19 – A Russian air strike has damaged one of DTEK’s thermal power plant, forcing the Ukrainian operator to shut down one unit. DTEK’s thermal power fleet had an installed capacity of about 13.3 GW as of early 2022, spread across eight plants, though repeated attacks since then have destroyed much of that installed - [Pakistan’s powergen cost up 38% as spot LNG prices surge](https://gastopowerjournal.com/news/market/pakistans-powergen-cost-up-38-as-spot-lng-prices-surge/) - Soaring LNG prices have propelled up Pakistan power generation cost by 38% year-on-year, analysis by local brokerage Arif Habib Ltd shows. The latest cargo, delivered in late July, was purchased from TotalEnergies $21.88/MMBtu – the highest price Pakistan LNG ever paid for a spot cargo. Pakistan LNG Ltd (PLL), the state energy buyer, has been - [California spends millions to maintain backup gas power](https://gastopowerjournal.com/news/projectsandfinance/california-spends-millions-to-maintain-backup-gas-power/) - California is spending some $150 million each year to keep the gas-fired Ormond Beach Generating Station operational despite mounting pressure to incentivise community solar plus storage. Since March 2024, the gas-fired plant has stayed in the state's Electricity Supply Strategic Reliability Reserve as a "break-the-glass" option for emergencies. Lucia Marquez, associate policy director at Central - [Wärtsilä powers Texan data center](https://gastopowerjournal.com/news/brief-news/wartsila-to-power-texan-data-center/) - Aug 17 - Wärtsilä is preparing to deliver an off-grid power solution for a new data center, under construction in Texas. The 790 MW power plant will operate with 42 Wärtsilä 50SG engines running on natural gas. - [China’s synthetic gas push reshapes outlook for gas-fired power](https://gastopowerjournal.com/news/market/chinas-synthetic-gas-push-reshapes-outlook-for-gas-fired-power/) - The Chinese government has elevated synthetic natural gas from pilot status into core energy security architecture in a bid accelerate its coal-to-gas industry (CTG) as a strategic hedge against geopolitical risks. Rystad Energy estimates China’s CTG capacity could reach 9.4 billion cubic metres (Bcm) per year by end-2026 and 28 Bcm/year by 2030. Under the - [Petronet awaits Qatari LNG cargoes to ease gas power constraints](https://gastopowerjournal.com/news/market/petronet-awaits-qatari-lng-cargoes-to-ease-gas-power-constraints/) - India’s gas-fired power generators face continued uncertainty over fuel supplies as Petronet LNG, the country’s largest LNG importer, said it has yet to receive a clear delivery schedule from QatarEnergy for September cargoes. Petronet CEO Akshay Kumar Singh told analysts in a post-results call that QatarEnergy has extended its force majeure declaration on LNG supplies - [Bangladesh locks in US LNG to backstop gas-fired power gen](https://gastopowerjournal.com/news/market/bangladesh-locks-in-us-lng-to-backstop-gas-fired-power-gen/) - Bangladesh is turning to the United States for a long-term LNG supply deal, securing 117 cargoes from US-based trader Gunvor between 2026 and 2038 under a state-to-state agreement to shore up fuel for its gas-fired power sector amid ongoing disruptions in Middle East LNG deliveries. The Cabinet Committee on Government Purchase approved the deal alongside - [2026 July 31](https://gastopowerjournal.com/weekly-news/2026-july-31/) - [Uniper firms up 2 mtpa of Canadian to bloster German powergen](https://gastopowerjournal.com/news/market/uniper-firms-up-2-mtpa-of-canadian-to-bloster-german-powergen/) - German state-controlled utility Uniper has signed a 20-year deal for 2 mtpa of destination-flexible LNG from Canada’s proposed Ksi Lisims project, a supply line it plans to use to support its expanding gas-fired power portfolio in Germany. First deliveries are expected from 2032. The agreement, the first major long-term LNG supply contract between Canada and - [Petronas, Hokuriku Electric to renew term LNG supply deal](https://gastopowerjournal.com/news/market/petronas-hokuriku-electric-to-renew-term-lng-supply-deal/) - Malaysia’s state-run Petronas LNG has signed a head of agreement with Hokuriku Electric to negotiate the renewal of an LNG supply deal for up to 0.54 mtpa for a decade starting 2028. The HoA underscores Japan’s reliance on LNG for power generation. Under the accord, Petronas LNG will continue as Hokuriku Electric's sole LNG supplier, - [Cambodia plans to import first LNG in 2027](https://gastopowerjournal.com/news/projectsandfinance/cambodia-plans-to-import-first-lng-in-2027/) - Cambodia is adhering to its plan to begin LNG imports in 2027, with the government’s timeline anchored by the 900 MW Botum Sakor LNG-fired power project. The plant’s first 450 MW unit is scheduled to start operation in April 2027, followed by a second unit in December. The timing is challenging, considering shipping disruptions have - [India’s power demand up 5%](https://gastopowerjournal.com/news/brief-news/indias-power-demand-up-5/) - July 29 – Electricity demand in India is on course to rise 4-5% year-on-year in 2027, Fitch Rating reckons, referring to the country’s higher cooling needs and economic growth. Coal remains king in the Indian energy mix, fuelling more than 70% of power stations, while gas-burn fell to 15% in June 2026, down from 22% - [Everllence gas engines to power US off-grid data center](https://gastopowerjournal.com/news/technologyinnovation/everllence-gas-engines-to-power-us-off-grid-data-center/) - Everllence has agreed to supply 18V51/60G gas engines to a US data center operator, providing 480 MW of combined electricity output from 24 engines that provide full off‑grid power for a new hyperscale facility. Engine delivery is scheduled in two phases, starting mid-2026. In the United States, large data center projects frequently face multi‑year lead - [Ansaldo, RINA team up to bolster Italy’s nuclear supply-chain](https://gastopowerjournal.com/news/market/ansaldo-rina-team-up-to-bolster-italys-nuclear-supply-chain/) - Ansaldo Energia and classification group RINA have agreed to help Italian industrial companies enter the nuclear supply chain through a structured certification process s Europe weighs a larger role for non-gas low-carbon power. The initiative is designed primarily for firms that are not yet active in the nuclear sector but have transferable industrial skills. The - [Constitution Pipeline could save US Northeast consumers $5.8bn](https://gastopowerjournal.com/news/projectsandfinance/constitution-pipeline-could-save-us-northeast-consumers-5-8bn/) - The proposed Constitution Pipeline could reduce wholesale electricity costs across New York and New England by approximately $5.8 billion over 20 years by improving access to gas supplies and reducing reliance on higher-cost fuel oil generation during winter demand peaks. Under an extreme winter scenario, Constitution could displace approximately 700 gigawatt-hours (GWh) of oil-fired electricity - [Japan mulls debt financing for US power projects](https://gastopowerjournal.com/news/brief-news/japan-mulls-debt-financing-for-us-power-projects/) - July 27 – The Japanese government is considering foreign debt finance for gas-fired power projects in the United States that form part of its $550 billion U.S. investment pledge. "If financing from foreign banks materialises, it should further facilitate the procurement of foreign-currency funding needed to implement the investment initiative," the finance ministry said on - [Biomass challenges gas power on fuel costs, offsets higher Capex](https://gastopowerjournal.com/news/market/biomass-challenges-gas-power-on-fuel-costs-offset-higher-capex/) - Emerson is automating a $2 billion biomass power project in Louisiana, as wood-fired plants with carbon capture outcompete gas-fired generation on fuel costs and Capex trade-offs. Wood chips or forestry residuals typically trade at $1-2 cent per kilowatt-hour (ct/kWh), or $20-40/ton equivalent – far below recent natural gas prices at around 5 ct/kWh or higher, - [Germany’s EEG reform reshapes role of gas-fired powergen](https://gastopowerjournal.com/news/regulationpolicy/germanys-eeg-reform-reshapes-role-of-gas-fired-powergen/) - Germany’s planned reform of the Renewable Energy Sources Act (EEG) will cut energy transition costs while reshaping the balance between renewables and dispatchable power sources, notably gas-fired plants. Amendments to the EEG and a related grid package are expected to be approved by the cabinet on July 29. Federal Economics Minister Katherina Reiche (CDU) has - [Saipem’s Baleine contract to boost Ivory Coast’s gas-burn](https://gastopowerjournal.com/news/market/saipems-baleine-contract-to-boost-ivory-coasts-gas-burn/) - Saipem’s Baleine Phase 3 contract will help boost Ivory Coast’s gas-burn by increasing supplies to the country’s power sector, with all gas produced from the offshore project earmarked for local consumption rather than LNG exports. The Italian energy services company said it had secured two new contracts worth a combined 800 million euros ($928 million), - [PowerTransistion buys five NY power plants](https://gastopowerjournal.com/news/market/powertransistion-buys-five-ny-power-plants/) - Houston-based PowerTransitions, a redeveloper of legacy power and industrial facilities, has closed on an acquisition of five power generation facilities totalling 323MW. The gas power generating facilities — Hillburn, Shoemaker, Massena, Batavia, and Sterling — are located throughout New York and have supplied power in NYISO for decades. "The scale and existing grid infrastructure make - [Electricity demand outpaces GDP growth, IEA finds](https://gastopowerjournal.com/news/market/electricity-demand-outpaces-gdp-growth-iea-finds/) - Through 2030, global electricity consumption will grow at least 2.5 times as fast as overall energy demand, the International Energy Agency (IEA) forecasts, with emerging Asian economies accounting for near 80% of incremental electricity demand. Over the next five years, China alone is expected to add demand equivalent to the total electricity consumption of the European - [EUAs hover around €80/t ](https://gastopowerjournal.com/news/brief-news/euas-hover-around-e80-t/) - July 24 – EU Carbon Emission Allowances are expected to continue their mean-reversion trading around €80/t for the rest of this month, as the Commissions adjustments leave supply-demand balances for carbon credits tight through 2035. Further out, Energy Aspects reckons there may be 250 Mt more allowances in the market through 2040 as the pace - [Worley selected for Uniper’s CCS power project in the UK](https://gastopowerjournal.com/news/projectsandfinance/worley-selected-for-unipers-ccs-power-project-in-the-uk/) - Uniper has selected Worley as its preferred Engineering, Procurement and Construction (EPC) contractor for the proposed Connah's Quay Low Carbon Power (CQLCP) project in Deeside, Wales. The project could deliver up to 1.38 GW of gas-fired power with carbon capture technology. The CQLCP project is part of Uniper’s replacement strategy for our existing unabated power - [Ansaldo extends value of Enerwave CCGT in Greece](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-to-upgrade-enerwaves-thisvi-ccgt-in-greece/) - Ansaldo Energia is preparing an AE94.3A gas turbine upgrade at Everwave's Thisvi combined-cycle power plant (CCGT) in Greece. Installation works are planned for March 2027, showcasing Ansaldo’s ability to extend the value of existing assets. “The Thisvi power plant will be better equipped to meet the evolving needs of the Greek electricity system and support - [EU-backed LMFP battery project advances](https://gastopowerjournal.com/news/technologyinnovation/eu-backed-lmfp-battery-project-advances/) - Integrals Power has been selected to supply cathode materials to a €9 million EU-backed battery project, underscoring Europe’s push to scale domestic energy storage as a structural competitor to gas-fired power generation. The UK-based company will provide more than 150 kg of its lithium manganese iron phosphate (LMFP) cathode active material to the OLiMPUS project, - [Index seeks partners for Rivers IPP](https://gastopowerjournal.com/news/brief-news/index-seeks-partners-for-rivers-ipp/) - July 22 – Nigeria’s Index Thermal Power has invited engineering firms, infrastructure developers and institutional investors to join the development and financing of its proposed 1,800 MW gas-fired independent power plant in Rivers State. The project is planned for the Onne Oil and Gas Free Trade Zone in Port Harcourt. - [Japan deepens LNG-to-power links across Asia](https://gastopowerjournal.com/news/market/japan-deepens-lng-to-power-links-across-asia/) - Japan’s JERA is stepping up its LNG-to-power strategy across Asia, offering term LNG shipments and project finance. For India’s Torrent Power, JERA will deliver four cargoes per year from 2027 to fuel 2,730 MW gas-fired powergen capacity along with some city-gas demand. The deal is designed to take advantage of seasonal demand differences, JERA said, - [Burnham to scrap VAT on UK electricity bills from October](https://gastopowerjournal.com/news/regulationpolicy/burnham-to-scrap-vat-on-uk-electricity-bills-from-october/) - Britain’s new Prime Minister Andy Burnham will remove value-added tax from domestic electricity bills from October 1, in an early move to ease household energy costs. The measure will be financed by scrapping the government’s planned digital ID programme, pegged at about 1.8 billion pounds ($2.42 billion). The tax cut will eliminate the 5% VAT - [Everllence launches 175D GenSet for data center backup power](https://gastopowerjournal.com/news/technologyinnovation/everllence-launches-175d-genset-for-data-center-backup-power/) - Everllence, formerly known as MAN Energy Solutions, has launched its 175D high-speed engine as a stationary GenSet for backup power applications in data centers. The new system delivers 2.4 MWe (3 MVA) of standby power and is engineered to provide fast, stable load acceptance in accordance with ISO 8528-5. Demand for data centers grows rapidly, - [Airenergy's CAES power plant in Denmark rivals gas peakers](https://gastopowerjournal.com/news/projectsandfinance/airenergys-caes-power-plant-in-denmark-rivals-gas-peakers/) - Airenergy is advancing plans to develop a compressed-air energy storage (CAES) power plant in Denmark that will use a salt cavern to deliver dispatchable electricity, positioning the technology as a low-carbon alternative to gas-fired peaking plants needed to balance renewable power generation. The Tel Aviv-listed company is partnering with Dutch industrial group Nobian to evaluate - [Electrifying urban air mobility](https://gastopowerjournal.com/news/brief-news/electrifying-urban-air-mobility/) - July 17 - Hitachi Energy and Eve Air Mobility, an Embraer-backed aircraft manufacturer, are looking to advance the electrical infrastructure needed to support urban air mobility. The agreement brings together Hitachi's Grid-eMotion charging infrastructure with Embraer-backed electric vertical takeoff and landing (eVTOL) aircraft technology. - [Utilita Energy joins WattsWatt](https://gastopowerjournal.com/news/brief-news/utilita-energy-joins-wattswatt/) - July 20 – Utilita Energy has become the third energy supplier to join WattsWatt - the national energy information service - alongside Outfox Energy and Home Energy in bid to help households gain affordable warmth by comparign tariffs and improving access to energy efficiency grants. - [Hawaiian Electric orders six GE turbines to repower Waiau Plant](https://gastopowerjournal.com/news/projectsandfinance/hawaiian-electric-orders-six-ge-turbines-to-repower-waiau-plant/) - Hawaiian Electric (HECO)has ordered six of GE Vernova’s LM6000VELOX aeroderivative gas turbine packages ordered to modernize Waiau Power Plant in O'ahu, Hawaii. The smaller and more efficient aeroderivative turbine units will replace oil-fired turbines ranging from 58 to 67 years old that are currently slated for retirement. Upon completion, this project is expected to add - [Ansaldo Energia returns to US market with Texan turbine order](https://gastopowerjournal.com/uncategorized/ansaldo-energia-returns-to-us-market-with-texan-turbine-order/) - Ansaldo Energia has signed a contract with Pacifico Energy to supply eight AE64.3A gas turbines and associated generators for a power project supporting a data center development in Texas. For the Italian OEM, the order marks a return to the US new-built power gen market. First deliveries are scheduled to begin in 2027. The order - [Global helium supply choked by Hormuz transit risk](https://gastopowerjournal.com/news/energy-storage/global-helium-supply-choked-by-strait-of-hormuz-blockade/) - With Qatar producing a third of the world’s helium supply, the disruption of Hormuz transits is paralyzing supply for manufacturers of semiconductors and batteries – creating an opportunity for US exporters. Helium’s chemical inertness, high thermal conductivity, and extremely low boiling point make it essential for the production of Superconducting Magnetic Energy Storage (SMES) systems. - [Vietnam’s Cai Mep terminal supplies first gas to 900 MW complex](https://gastopowerjournal.com/news/projectsandfinance/vietnams-cai-mep-terminal-supplies-first-gas-to-900-mw-complex/) - AG&P LNG has started delivering regasified natural gas from Vietnam’s Cai Mep LNG import terminal to the Phu My 2.1 and 2.1E power plants. Commercial gas deliveries are aligned to the 900 MW plants’ ramp‑up schedule. The Phu My Thermal Power Company, managed by EVNGENCO3, reported in May 2026 that the four gas‑fired plants it - [Pakistan issues tender to buy fifth cargo for July delivery](https://gastopowerjournal.com/news/market/pakistan-issues-tender-to-buy-fifth-cargo-for-july-delivery/) - State-owned Pakistan LNG Ltd has issued a spot tender seeking a (LNG) cargo for delivery in late July, as Islamabad takes precautions for a longer disruption of shipping through the Strait of Hormuz from its main supplier, Qatar, which impact gas supply for power generation. In addition, Pakistan prepares to buy up to six LNG - [2026 July 17](https://gastopowerjournal.com/weekly-news/2026-july-17/) - [Shell-led project helps convert Bahamas power from HFO to LNG](https://gastopowerjournal.com/news/market/shell-led-project-helps-convert-bahamas-power-from-hfo-to-lng/) - Shell has reached financial close on a small-scale LNG regasification terminal in the Bahamas. The project will be built in phases, with the regasified LNG – mostly sourced from Shell’s US LNG offtake – set to support baseload generation at Clifton Pier in excess of 170 MW. The regas project is being developed through Shell - [H2 turbine market to top $3.5bn](https://gastopowerjournal.com/news/brief-news/h2-turbine-market-to-top-3-5bn/) - July 15 – The global market for hydrogen (H2)-compatible gas turbines will grow to nearly $3.5 billion by 2032, expanding at an annual rate of over 10% during the forecast period. According to DataM intelligence, hydrogen is emerging as a strategic and sustainable alternative to fossil fuelled power generation as nations strive to reduce reliance - [Siemens Energy to rebrand as Omterra](https://gastopowerjournal.com/news/market/siemens-energy-to-rebrand-as-omterra/) - Siemens Energy announced today it would rebrand as Omterra, ending its use of the Siemens name as a time-limited trademark licensing agreement following its 2020 spin-off from Siemens AG approaches its expiry. The rebranding, which will begin later this year and be implemented in stages, will unite Siemens Energy and its wind turbine unit Siemens - [EPRI tool reduces ‘time-to-power’ large data centers](https://gastopowerjournal.com/news/technologyinnovation/epri-tool-reduces-time-to-power-large-data-centers/) - The Electric Power Research Institute (EPRI) is rolling out Flex MOSAIC with a view to accelerate the grid-connection of large data centers in the U.S. The voluntary framework – developed together with more than 65 utilities, TSO, regulators, hyperscalers, and technology providers – establishes a shared, credible way to define flexibility from large loads — - [New Zealand seeks LNG regas deal before November election](https://gastopowerjournal.com/news/market/new-zealand-seeks-lng-regas-deal-before-november-election/) - New Zealand’s government is aiming to sign a contract for developing the country’s first LNG facility before the November general election, with energy minister Simeon Brown saying a preferred bidder is likely to be selected before the vote. Imported LNG for power generation is intended to insulate New Zealand against drought risk, which can undermine - [Egypt scrambles for LNG as summer power demand tops 40 GW](https://gastopowerjournal.com/news/market/egypt-scrambles-for-lng-as-summer-power-demand-tops-40-gw/) - Egypt is seeking to import more LNG as electricity demand this summer is forecast to rise 8% above last year’s peak of 40 Gigawatt. Regasification capacity has been maximised, while the Damietta LNG export terminal gets used to store cargoes for emergency use. Damietta, one of Egypt’s two LNG export terminals with 5 mtpa capacity, - [JERA, Samsung collaborate on H2 value chains](https://gastopowerjournal.com/news/brief-news/jera-samsung-collaborate-on-h2-value-chains/) - July 13 – Japan's largest power generator JERA has signed a Memorandum of Understanding (MoU) with Samsung C&T of Korea to collaborate on hydrogen and ammonia. JERA is developing Japan’s first low-carbon ammonia value-chain, and is targeting start of operations around fiscal year 2029. Samsung C&T focused on low-carbon ammonia infrastructure and supply chain initiatives - [Heatwaves heighten concern over data centre electricity use](https://gastopowerjournal.com/news/market/heatwaves-heighten-concern-over-data-centre-electricity-use/) - US data centres’ rampant electricity use is facing scrutiny as heatwaves push power grids to the limit. Cooling systems can account for a large share of a facility’s power consumption, and that burden rises as temperatures climb. The issue has become more critical as AI expands the number and size of data centres, many of - [Asia’s LNG demand falls as buyers switch fuels](https://gastopowerjournal.com/news/market/asias-lng-demand-falls-as-buyers-switch-fuels/) - Asian LNG demand set to fall for a second consecutive year of decline the Qatari supply disruption pushes spot prices to levels that force buyers to cut volumes and switch fuels. Wood Mackenzie forecasts Asia Pacific demand at 257 million in 2026, down from 268 Mt in the previous year and a peak of 278 - [Ignitis secures LNG regas slots to source fuel for power gen](https://gastopowerjournal.com/news/market/ignitis-secures-lng-regas-slots-to-secure-fuel-for-power-gen/) - Lithuania’s Ignitis has booked an additional 2 TWh of annual regasification capacity at the Klaipėda LNG terminal for 2033 to 2044 on the secondary market, strengthening fuel security for gas-fired power generation as Baltic gas demand stays high. The booking lifts Ignitis’ total long-term position at Klaipėda to 6 TWh after it had already secured - [Sizewell B extension to 2055 curbs UK’s gas power demand](https://gastopowerjournal.com/news/market/sizewell-b-extension-to-2055-curbs-uks-gas-power-demand/) - The UK government’s decision to extend the operational life of the Sizewell B nuclear power station to 2055 is set to reduce Britain’s long-term reliance on gas while stabilising wholesale electricity costs. Under newly agreed terms with the French utility EDF, Sizewell B will receive a 20-year Contract for Difference (CfD) at £70.50/MWh in 2025 - [South Korea AI hub faces 2.3 GW power gap](https://gastopowerjournal.com/news/market/south-korea-ai-hub-faces-2-3-gw-power-gap-woodmac-says/) - South Korea’s plan to build a KRW 4,700 trillion (US$3.11 trillion) AI and semiconductor industrial hub could face a power shortfall unless grid investment accelerates, Wood Mackenzie said. The planned KRW 800 trillion Honam cluster could lift regional peak electricity demand from 11.8 GW to 19.1 GW, while effective generating capacity is forecast at 16.8 - [Declining birth rates reshape world’s energy demand](https://gastopowerjournal.com/news/market/declining-birth-rates-reshape-worlds-energy-demand/) - Falling fertility rates undermine long-term energy demand as global population could peak at 8.9 billion by 2053, though electricity is still expected to grow faster than total primary energy use. “Demographics dictate destiny," said Peter Martin, Head of Economics at Wood Mackenzie. The fertility rate has fallen from 2.6 births per woman in 2007 to - [Pairing batteries and engines help lower Africa’s energy costs](https://gastopowerjournal.com/news/technologyinnovation/pairing-batteries-and-engines-help-lower-africas-energy-costs/) - Africa can lower electricity system costs and improve reliability by combining battery storage with flexible engine capacity, rather than relying on storage alone. “Power systems do not require a single type of flexibility, but multiple layers of it,” said Kenneth Englbom, VP for Africa at Wärtsilä Energy. Modelling across African markets shows that least-cost systems combine - [Seletar Campus to be powered by LNG](https://gastopowerjournal.com/news/brief-news/seletar-campus-to-be-powered-by-lng/) - July 8 - GasHub has finished an LNG storage and regasification facility at Rolls-Royce’s Seletar Campus in Singapore and begun LNG deliveries, with the system designed to support the campus’s long-term energy requirements, including reliable electricity demand. The setup is part of a shift away from compressed natural gas and aims to reduce fuel deliveries, - [Egypt’s first large green H2 project advances towards FID](https://gastopowerjournal.com/news/hydrogen/egypts-first-large-green-h2-project-advances-towards-fid/) - Egypt’s first large-scale green hydrogen project, a 100 MW electrolyser at Ain Sokhna on the Red Sea coast, is aiming to reach a final investment decision on the full-scale scheme in the coming months. Developed by Scantec in partnership with Orascom, Fertiglobe and Egypt’s Sovereign Fund, the project is intended to export clean-burning hydrogen and - [Vietnam pivots to coal as Hormuz risk undermines LNG plans](https://gastopowerjournal.com/news/market/vietnam-pivots-to-coal-as-hormuz-risk-undermines-lng-plans/) - Vietnam is relying more heavily on thermal coal as heightened security risks around the Strait of Hormuz adds another layer of risk for a market that is still scaling up its regas infrastructure, while the Ministry of Industry and Traded helped secure coal imports for power generation. The shift underscores how exposed Vietnam remains to - [Pembina takes FID on 932 MW combined-cycle plant in Alberta](https://gastopowerjournal.com/news/projectsandfinance/pembina-takes-fid-on-932-mw-combined-cycle-plant-in-alberta/) - Pembina Pipeline Corp, Morgan Stanley Infrastructure Partners (MSIP) and Kineticor have taken a financial investment decision (FID) on the 932 MW Greenlight Electricity Centre. The combined-cycle power plant, situated in Sturgent County within the Alberta Industrial Heartland will serve a major data centre development. Competition for new large-scale power loads—particularly data centers—is intensifying across North - [Siemens Energy to supply turbines for 2.6 GW Taweelah C plant](https://gastopowerjournal.com/news/projectsandfinance/siemens-energy-to-supply-turbines-for-2-6-gw-taweelah-c-plant/) - Emirates Water and Electricity Company (EWEC), has contracted Siemens Energy to supply gas and steam turbines for the Taweelah C independent power project in Abu Dhabi. With a planned combined-cycle generation capacity of 2.6 GW, Tawelah C marks the third unit in the power complex to incorporate Siemens Energy equipment. The contract value and the - [4.2GW SMR plan could reshape UK’s gas power market](https://gastopowerjournal.com/news/market/4-2gw-smr-plan-could-reshape-uks-gas-power-market/) - Plans by SGE, a European Small Modular Reactor (SMR) developer, to built 14 BWRX-300 reactors across the UK could significantly reduce the long-term role of gas-fired generation in Britain's electricity market, adding 4.2 GW of firm low-carbon capacity from the mid-2030. SGE has submitted an application under the UK's Advanced Nuclear Framework (ANF), hoping to - [India lifts emergency gas curbs as Hormuz LNG traffic resumes](https://gastopowerjournal.com/news/market/india-lifts-emergency-gas-curbs-as-hormuz-lng-traffic-resumes/) - India has lifted an order imposing restrictions on gas suppliers as LNG deliveries from the Middle East resume, freeing up more regasified LNG for power generation. The Ministry of Petroleum and Natural Gas on Saturday withdrew provisions which had mandated all imported LNG and domestically produced gas to be sold to a list of priority - [Spain-Portugal power link adds 1 GW cross-border capacity](https://gastopowerjournal.com/news/market/spain-portugal-power-link-adds-1-gw-cross-border-capacity/) - Spain and Portugal have commissioned a new 400 kV electricity interconnector that increases cross-border power exchange capacity by around 1,000MW, lifting total transfer capability to 4,200 MW from Spain to Portugal and 3,500 MW in the opposite direction. The new transmission link, designated a European Project of Common Interest (PCI), is the tenth electricity interconnector - [Works start 1GW BESS in Germany](https://gastopowerjournal.com/news/brief-news/works-start-1gw-bess-in-germany/) - July 6 – Swiss energy storage operator BW ESS has started construction on the 1GW Klostermansfeld project, one of Europe’s largest battery storage projects to date. Situated in the southern Harz region, the battery is designed to supply around three million German households with electricity for at least four hours. - [Green H2 industry gains traction in Mongolia](https://gastopowerjournal.com/news/hydrogen/h2-industry-gains-traction-in-mongolia/) - Inner Mongolia is emerging as one of China’s fastest-growing clusters of the green hydrogen, ammonia and methanol industry, underpinned by multi‑billion‑yuan wind and solar investments. The region drew major developers including Goldwind, CGN and Mingyang Smart Energy into integrated “wind‑to‑X” projects. Goldwind is proceeding with a wind‑hydrogen‑ammonia‑methanol complex in Bayannur with 3 GW of wind - [Siemens expand switchgear factory](https://gastopowerjournal.com/news/brief-news/siemens-expand-switchgear-factory/) - July 2 – Siemens is investing €300 million to expand the production of high-efficiency power distribution systems for data centers, e-mobility and industrial automation. To that end, Siemens is expanding its switchgear factory in Frankfurt and a new supplier facility in Offenbach, creating 700 new jobs by the end of 2030 - [Total sells Sarawak gas stake to Inpex for $350 million](https://gastopowerjournal.com/news/market/total-sells-sarawak-gas-stake-to-inpex-for-350-million/) - TotalEnergies has agreed to sell its stake in the Marjoram gas field offshore Sarawak to Japan’s Inpex for $350 million, as the French major seeks to sharpen its focus on operated assets in Malaysia that support gas supply and power generation demand. The deal covers TotalEnergies’ 85% interest in Block 2E, equivalent to a net - [Iberia region leads Europe's demand for battery backup](https://gastopowerjournal.com/news/energy-storage/iberian-region-leads-eus-data-center-demand-for-battery-backup/) - Ensuring uninterrupted power supply through resilient battery-based backup systems is paramount as Europe’s data center energy storage market is forecast to grow from €585 million last year to €1.2 billion by 2034. Analysts see the Iberian region seizing leadership in this rapidly expanding sector. The IT and telecommunications sector, uses about 33% of Europe's data - [2026 July 3](https://gastopowerjournal.com/weekly-news/2026-july-3/) - [PrimeServ Academy nearly doubles space in €6.5m expansion](https://gastopowerjournal.com/news/technologyinnovation/primeserv-academy-nearly-doubles-space-in-e6-5m-expansion/) - Everllence, formerly known as MAN Energy Solutions, has built out its PrimeServ Academy training facility in Augsburg, Germany, to meet demand for technical expertise linked to engine technologies and alternative fuels, with potential implications for gas-to-power applications. “With the expansion of this PrimeServ Academy, we are investing 6.5 million Euros in the future of the - [Blue Energy, GE pair gas with nuclear to power Texas data center](https://gastopowerjournal.com/news/technologyinnovation/blue-energy-ge-pair-gas-with-nuclear-to-power-texas-data-center/) - Blue Energy and GE Vernova are planning a 2.5 GW hybrid gas-and-nuclear project in Texas aimed at supplying power to an energy-intensive data centre campus, as developers increasingly turn to firm generation to meet soaring demand from AI workloads. The proposed facility would combine up to 2.5 GW of gas-fired capacity with nuclear generation based - [South Korea cuts LNG-burn, leans more on coal and nuclear](https://gastopowerjournal.com/news/market/south-korea-cuts-lng-burn-leans-more-on-coal-and-nuclear/) - Nuclear reactor restarts and increased coal-fired generation through the spring displaced LNG in the South Korean power mix as Qatari supply fell away, allowing utilities to defer procurement rather than chase spot cargoes priced above $20 per MMBtu. As a result, LNG’s share in Korean power generation fell to 22–24% in the first half of - [Santos to divert Moomba gas to South Australia from 2030](https://gastopowerjournal.com/news/market/santos-to-divert-moomba-gas-to-south-australia-from-2030/) - Santos has agreed to divert 200 petajoules to the South Australian government, delivered ex-Moomba from Santos’ Cooper Basin operations, formalising supply to the domestic market – rather than LNG exports. Under the deal, Santos will supply about 20 PJ a year from its Moomba operations to the state’s Strategic Gas Reserve, with first deliveries due - [Electrolyzers – catalysts for growth in the hydrogen economy](https://gastopowerjournal.com/news/hydrogen/electrolyzers-catalysts-for-growth-in-the-hydrogen-economy/) - Hydrogen demand is could surpass 200 million tons worldwide annually by 2050, spurred by rapid deployment of electrolyzers. According to the International Energy Agency (IEA), global capacity for electrolyzers is expected to grow from just 0.5 gigawatt (GW) in 2020 to over 160 GW by 2030, driven by decarbonization targets and falling technology costs. The - [Hamburg coal site to host green hydrogen plant by 2027](https://gastopowerjournal.com/news/hydrogen/hamburg-coal-site-to-host-green-hydrogen-plant-by-2027/) - Construction is progressing fast on a 100 MW electrolyser at the site of the decommissioned Moorburg coal power plant in Hamburg. Early civil works are under way, with major equipment installation expected to begin this summer to get the €300 million project completed in 2027. Once operational, the plant is expected to produce 10,000 tonnes - [Green H2 progresses in Italy](https://gastopowerjournal.com/news/brief-news/green-h2-progresses-in-italy/) - June 29 - IGM, a specialist engineering company, has supplied a 2 MW electrolyser to Industria Gas Tecnici (IGAT), marking the company’s entry into green hydrogen production under Italy’s national Hydrogen Valley programme. - [Asia invests in domestic energy to curb reliance on imported LNG](https://gastopowerjournal.com/news/market/asia-invests-in-domestic-energy-to-curb-reliance-on-imported-lng/) - Energy security has overtaken cost as Asia's overriding energy priority following the three-month disruption of the Strait of Hormuz, with China, India and Pakistan accelerating investment in domestic coal, renewables, nuclear power to reduce their exposure to imported LNG. Pakistan has struggled with an acute gas shortage, having sourced nearly 99% of its annual 6-8 - [Fuel cell investment by AI data centers to top $30bn by 2030](https://gastopowerjournal.com/news/market/fuel-cell-investment-by-ai-data-centers-to-top-30bn-by-2030/) - Data center developers are scrambling for reliable electricity supply, turning away from congested grids and towards on-site fuel cells. Rystad Energy hence projects a tenfold increase in fuel cell market revenues by 2030, rising from around $2.8 billion in 2025 to roughly $30 billion. A contracted order book of approximately 9 GW, including framework agreements - [PV Power urged to speed up $2.25bn LNG-fuelled project](https://gastopowerjournal.com/news/projectsandfinance/pv-power-urged-to-speed-up-2-25bn-lng-fuelled-project/) - Vietnamese authorities in Nghe An province are urging PV Power to accelerate development of the $2.25 billion Quynh Lap LNG-to-power project with a view to bringing the 1,500 MW plant into operation by 2030 – even as imported fuel costs weigh on profitability. Developers – comprising of PetroVietnam affiliate PV Power, Nghe An Sugar Co. - [PJM braces for 5.4% load growth](https://gastopowerjournal.com/news/brief-news/pjm-braces-for-5-4-load-growth/) - June 26 – PJM Interconnection expects peak summer load will grow at an average of 5.4% per year over the next decade driven by electrification of road transport and the concentration of data centers. Summer peak load in PJM’s Dominion zone was 23,905 MW last year, 23% higher than in 2019, while winter peak load - [Vietnam pushes for LNG-fuelled power](https://gastopowerjournal.com/news/brief-news/vietnam-pushes-for-lng-fuelled-power/) - June 25 – Vietnamese authorities in Nghe An province are urging PV Power to speed up development of he $2.25 billion Quynh Lap LNG-to-power project with a view to get the 1,500 MW plant into operation by 2030. Developers – comprising of PetroVietnam affiliate PV Power, Nghe An Sugar Co. and South Korea’s SK Innovation - [Hanwha Power commissions CCGT in Ohio](https://gastopowerjournal.com/news/projectsandfinance/hanwha-power-commissions-ccgt-in-ohio/) - Korean manufacturer Hanwha Power has commissioned and started up the Trumbull Energy Center, a 950 MW combined-cycle gas power plant in Ohio, U.S, developed to help fill a power gap left by the gradual exit of coal-fired generation in the Pennsylvania-New Jersey-Maryland (PJM) grid. The commissioning ceremony brought together key project partners, including Korea Southern - [Gas turbine prices climb 300% over past three years](https://gastopowerjournal.com/news/market/gas-turbine-prices-climb-300-over-past-three-years/) - Prices for natural gas turbines have risen about 300% over the past three years as utilities, developers and technology companies compete for limited manufacturing capacity, CNBC reported, with GE Vernova warning that costs are likely to keep climbing as AI data centres drive demand for onsite generation. Gas-fired turbines, long used by utilities and industrial - [Gazprom backs Far East power expansion](https://gastopowerjournal.com/news/brief-news/gazprom-backs-far-east-power-expansion/) - June 24 – Gazprom is advancing projects to support new gas-fired power generation capacity across Russia's Far Eastern Federal District to strengthen regional energy security. The initiatives include expanding gas supply infrastructure and ensuring fuel availability for power plants in the region. - [Solar, wind and batteries squeeze Asia’s LNG demand outlook](https://gastopowerjournal.com/news/market/solar-wind-and-batteries-squeeze-asias-lng-demand-outlook/) - Rising renewable capacity and cheaper batteries are weakening the investment case for LNG import terminals and gas-fired generation, with Ember signalling out China as the clearest example of that shift. China added 278 GW of solar and 79.8 GW of wind last year, lifting combined solar and wind capacity above 1,400 GW and beating its - [Cyprus finalises LNG terminal to source gas for balancing power](https://gastopowerjournal.com/news/market/cyprus-finalises-lng-terminal-to-source-gas-for-balancing-power/) - Cyprus is moving to complete its long-delayed LNG import terminal at Vasilikos as part of efforts to secure fuel supply for power generation and balance rising renewable output, Energy Minister George Papanastasiou told Platts. The terminal is central to the island’s strategy to reduce reliance on oil-fired generation and introduce natural gas as a lower-emissions - [CCS to decarbonise gas power station hinges on subsidies](https://gastopowerjournal.com/news/technologyinnovation/ccs-to-decarbonise-gas-power-station-hinges-on-subsidies/) - Carbon capture and storage (CCS) is no near‑term solution for Germany’s 10 Gigawatts (GW) of planned gas‑fired power plants, analysts warns, citing high costs, long development timelines and a lack of reference projects. Germany’s new Carbon Dioxide Storage and Transport Act has opened the door to gas power plants with CCS receiving future government support. - [GE Vernova wins turbine order for Vietnam’s Quang Trach II plant](https://gastopowerjournal.com/news/projectsandfinance/ge-vernova-wins-turbine-order-for-vietnams-quang-trach-ii-plant/) - GE Vernova has secured an order to supply two 9HA.02 gas turbines and two H78 generators for Vietnam Electricity’s (EVN) Quang Trach II LNG-fuelled power plant, a combined-cycle facility expected to generate more than 1.6 GW. The plant, located in the Hon La Economic Zone in Quang Tri Province, is scheduled to begin commercial operations - [Mitsubishi Power to service 1.2GW Ilihan CCGT near Manila](https://gastopowerjournal.com/news/projectsandfinance/mitsubishi-power-to-service-1-2gw-ilihan-ccgt-near-manila/) - Mitsubishi Power, a unit of Mitsubishi Heavy Industries (MHI), has signed a long-term parts and services agreement (LTPSA) for the 1,200 MW Ilihan combined-cycle gas power plant in Batangas, extending its 20-year involvement with one of the Philippines’ largest gas-fired power assets. The agreement was signed between Mitsubishi’s local affiliate MHI Power (Philippines) Plant Services - [Meta invests in solar/BESS](https://gastopowerjournal.com/news/brief-news/meta-invests-in-solar-bess/) - June 22 – Meta is partnering with Enbridge on a hybrid solar and battery energy storage system to power Meta’s data centers in Wyoming. The project comprises 1.6 GW of solar, wind and storage capacity, with the batteries supplied by Tesla. - [AI boom drives buildout of off-grid power plants](https://gastopowerjournal.com/news/market/ai-boom-drives-buildout-of-off-grid-power-plants/) - A surge in AI-driven data centre development in the United States is fuelling rapid growth in off-grid gas power plants, with projects approved within months. “Behind-the-meter” generation bypasses traditional utility grids and, in some cases, standard environmental review processes. Many of the projects are being fast-tracked through state-level permitting systems, with approval timelines in some - [Oman seeks adviser for IPPS](https://gastopowerjournal.com/news/brief-news/oman-seeks-adviser-for-ipps/) - June 19 – Oman’s Nama Power and Water Procurement Company is seeking advisers for the development of new gas-fired independent power projects (IPPs). Prospective advisors will need to support project structuring, tendering, and negotiations with prospective developers. The advisory tender signals early-stage planning, with project timelines and capacities yet to be disclosed. - [Energy prices fall, embedded inflation persists; Fitch warns](https://gastopowerjournal.com/news/market/energy-prices-fall-embedded-inflation-persists-fitch-warns/) - Global oil and LNG shocks are likely to abate following a comprehensive US-Iran peace deal, but embedded inflation and second-round effects are just beginning, Fitch Rating warns. The rating agency’s base case assumes a gradual normalisation of shipping through the Strait of Hormuz, heralding a persistent, albeit volatile, downward trend in oil and LNG prices. - [Data Centers add $6.5bn to US grid costs](https://gastopowerjournal.com/news/market/data-centers-add-6-5bn-to-us-grid-costs/) - US data centers – many exceeding 100 MW in capacity – are adding an estimated $6.5 billion to the annual cost of operating the U.S. power grid, according to new regulatory filings. The electricity hunger of data centers has risen to 4% of total US electricity consumption, up from 2.5% five years ago. Grid operators - [2026 June 19](https://gastopowerjournal.com/weekly-news/2026-june-19/) - [Exxon to supply LNG to South Africa’s first regas terminal](https://gastopowerjournal.com/news/market/exxon-to-supply-lng-to-south-africas-first-regas-terminal/) - Exxon Mobil has signed a preliminary LNG supply agreement with Zululand Energy Terminal (ZET), South Africa’s planned first LNG import facility as the country pivots away from coal- to gas-fired power generation. Andrew Barry, chairman of ExxonMobil LNG Market Development said the agreement “reflects our global LNG experience and our commitment to support South Africa’s - [Grants needed to bridge cost gap between green and grey hydrogen](https://gastopowerjournal.com/news/hydrogen/iea-says-only-grants-could-bridge-green-vs-grey-h2-cost-gap/) - Bridging the cost gap between low‑emissions (green) hydrogen and hydrogen from unabated fossil fuels (grey) will require sizable public support in the form of grants and operating subsidies, particularly in the early market ramp‑up phase, the International Energy Agency (IEA) finds. For demand creation, analysts recommend quotas and carbon contracts for difference (CCfDs) – or public - [Siemens Energy to grid-connect 2 GW offshore wind](https://gastopowerjournal.com/news/projectsandfinance/siemens-energy-to-grid-connect-2-gw-offshore-wind/) - Siemens Energy and Neptun Smulders Offshore Renewables (NSORe) have been contracted to deliver a major offshore grid connection system in Germany’s North Sea, a project expected to displace gas-fired power generation by enabling up to 2 GW of additional wind capacity to reach the onshore grid. The project, awarded by German transmission system operator 50Hertz, - [RINA to inspect H2WATT project](https://gastopowerjournal.com/news/brief-news/rina-to-inspect-h2watt-project/) - June 16 – RINA, a global inspection and certification group, has been contracted to assess the safety of the Green Hydrogen Hub Project H2WATT, an initiative lead by Indonesia’s state energy company Persero. The assessment will identify the risk of hydrogen leaks, fire and explosion, and recommend mitigation measures, e.g. ventilation and gas detection systems. - [Heat reuse from data centres trims gas demand](https://gastopowerjournal.com/news/technologyinnovation/heat-reuse-from-data-centres-trims-gas-demand/) - Heat recovery from UK data centres is gaining momentum, with growing deployment of systems that capture waste heat for district heating – potentially displacing gas-burn in combined heat and power plants. Industry players say the approach, which redirects excess thermal energy from data processing facilities into heat networks, is emerging as a scalable way to - [China’s heavy truck electrification drive to boost grid loads](https://gastopowerjournal.com/news/market/chinas-heavy-truck-electrification-drive-to-boost-grid-loads/) - China’s push to electrify heavy-duty trucking is set to materially lift electricity demand, with potential knock-on effects on LNG imports. Around Beijing, electrification rates are expected to reach as high as 80% on certain corridors, accelerating the shift away from diesel and LNG toward grid-based energy. The scale and speed of electrification of transport will - [Lithium to be tapped from geothermal sources in Saxony by 2027](https://gastopowerjournal.com/news/energy-storage/lithium-to-be-tapped-from-geothermal-sources-in-saxony-by-2027/) - Germany strives to tap a large lithium deposit in the Saxon ore mountains, where the critical mineral for electrifying road transport could be sourced as a by-product from geothermal power plants. First commercial production is envisaged to start in 2027, aiming to produce 24,000 tonnes per year – enough for around 500,000 electric cars. Gauging - [Wärtsilä partners with RCT on storage, targets profit by 2027](https://gastopowerjournal.com/news/technologyinnovation/wartsila-partners-with-rct-on-storage-targets-profit-by-2027/) - Wärtsilä has announced plans to form a 50:50 joint venture with Germany’s RCT Solutions to combine its global energy storage business, with closing targeted in the third quarter of 2026 and profitability by late 2027. The unit, currently Wärtsilä’s smallest segment, generated €694 million in 2025 revenue with 3.3% profitability and employs about 480 staff. - [Saipem ships Neptun Deep jacket to Romania](https://gastopowerjournal.com/news/market/saipem-ships-neptun-deep-jacket-to-romania/) - Italian EPC company Saipem has shipped a key offshore platform jacket for Romania’s Neptun Deep project, led by OMV Petrom and Romgaz with up to €4 billion investment combined. Neptun Deep is expected to produce about 100 bcm of natural gas, seen as a strategic fuel source for baseload power generation as coal capacity is - [Venture Global boosts LNG supply for gas power in Greece](https://gastopowerjournal.com/news/market/venture-global-boosts-lng-supply-for-gas-power-in-greece/) - Venture Global’s decision to double LNG volumes under its long-term supply agreement with Greece’s Atlantic-SEE LNG Trade is set to strengthen fuel availability for gas-fired power generation in Greece and Southeast Europe from 2030. The revised sales and purchase agreement (SPA) lifts the committed supply to at least 1 million tonnes per annum (mtpa) of - [AI boom pits US gas-burn against LNG exports](https://gastopowerjournal.com/news/market/ai-boom-pits-us-gas-burn-against-lng-exports/) - Data centres are seen as a gas demand gamechanger, with gas-fired power capturing much of the surge in computing load and competing with LNG exporters for feedgas. Permitting reform is widening the field of pipeline developers, with electricity end-users now driving a notable share of planned additions alongside the traditional LNG export and takeaway sponsors. - [Nuclear could cut Italy’s power prices by 30%, displace gas](https://gastopowerjournal.com/news/market/nuclear-could-cut-italys-power-prices-by-30-displace-gas/) - Nuclear power could reduce Italy’s wholesale electricity prices by as much as 20–30% over the long term by displacing gas-fired generation as the marginal price setter, potentially bringing prices closer to those in France. The current cost of electricity in Italy is €100 per Megawatt-hour (MWh), one of the highest in Europe, according to GME. In - [MiCo acquires NEM Energy to expand HRSG business](https://gastopowerjournal.com/news/technologyinnovation/mico-acquires-nem-energy-to-expand-hrsg-business/) - South Korea’s MiCo Group has agreed to buy all shares of NEM Energy, though its subsidiary Hyundai Heavy Industrial Power Systems, with a view to target the market for heat recovery steam generators (HRSG) used in combined cycle power generation. Through the acquisition, MiCo Group will get hold of an integrated (Design-to-Delivery) HRSG platform capable - [JERA secures LNG from Petronas for peaking power](https://gastopowerjournal.com/news/market/jera-secures-lng-from-petronas-for-peaking-power/) - Japan’s largest power generator JERA has signed a long-term LNG sales and purchase agreement with Malaysia’s Petronas for up to 2 mtpa over 20 years starting in 2028, as it seeks manage increasingly sharp seasonal swings in LNG consumption. The retirement of aging oil-fired capacity and expansion of renewable energy have amplified intermittency in supply, - [ADB launches $50 billion Asia-Pacific power grid plan](https://gastopowerjournal.com/news/market/adb-launches-50-billion-asia-pacific-power-grid-plan/) - The Asian Development Bank (ADB) aims to mobilize US$50 billion by 2035 to connect electricity grids across Asia Pacific. The aim is to create a regional market to better integrate renewables and brace for sudden supply risks. “Countries that stay connected attract investment and weather shocks better than those that turn inward. Connectivity is our - [Distributed gas power market to grow 11.7% through 2029](https://gastopowerjournal.com/news/market/distributed-gas-power-market-to-grow-11-7-through-2029/) - Gas-fuelled distributed power markets have been booming as grids have become more decentralised to integrate a growing share of renewables and energy storage. Distributed gas generation is forecast to grow at a 11.7% rate, with the market size forecast to expand from $36.59 billion this year to $57.01 billion by 2029. Technological breakthroughs in microgrids, - [Coal gasification – a panacea to clean up a dirty fuel?](https://gastopowerjournal.com/news/technologyinnovation/coal-gasification-a-panacea-to-clean-up-a-dirty-fuel/) - Coal gasification helps curb air pollution in China's mega-cities given that the emissions-intensive thermal fuel accounts for nearly 70 percent of China's power generation mix. Siemens recently built a 5x500 MW coal gasification plant for the Shenhua Ninxia coal mining group near China's border with Mongolia. Although coal's share of China's energy budget is supposed - [‘South bonus’ for new German power plants carries legal risk](https://gastopowerjournal.com/news/regulationpolicy/south-bonus-for-new-german-power-plants-carries-legal-risk/) - Plans to steer the construction of new gas-fired power plants in Germany towards its southern industrial regions carry legal and economic risk. Two-thirds of the total auctioned capacity of 20 GW is meant to be built in the southern grid zone to reduce grid bottlenecks and the need for redispatch. To achieve this regional distribution, - [B&W supports 1.6 GW project in Virginia](https://gastopowerjournal.com/news/brief-news/bw-supports-1-6-gw-project-in-virginia/) - June 9 – Babcock & Wilcox is collaborating with TerraSpark on a planned 1.6 GW coal-fired power project in West Virginia, part of the proposed TerraSpark Energy Campus, which secured an $18.5 million U.S. Department of Energy grant. The project exemplifies the use of coal-burn for baseload power generation in the United States, complementing gas-fired - [India: Spot LNG purchases for power gen surge 300%  ](https://gastopowerjournal.com/news/market/india-spot-lng-purchases-for-power-gen-surge-300/) - India utility buyers have stepped up spot LNG purchases this summer to fill the shortfall in contracted long-term supply. None one of India’s 16 GW power gen capacity of gas-grid connected capacity received imported LNG under long-term arrangements in April and May, while large parts of the country suffered from blistering heat waves. Electric utilities - [Asia’s seaborne coal imports up 75 Mt on Qatari LNG squeeze](https://gastopowerjournal.com/news/market/asias-seaborne-coal-imports-up-75-mt-on-qatari-lng-squeeze/) - Suspension of nearly 10.2 mtpa of Qatari LNG supply to Asia is forcing utility buyers to switch to coal, with an additional 150 million tonnes of consumption projected through 2030, roughly half of which in 2026 alone. The driver is a supply gap, not green policies, RystadEnergy said, anticipating an LNG shortfall of 35 million - [Krško upgrade helps replace gas peakers with baseload nuclear](https://gastopowerjournal.com/news/technologyinnovation/krsko-upgrade-helps-replace-gas-peakers-with-baseload-nuclear/) - Ansaldo Nucleare has finished two modernization projects at Slovenia's Krško nuclear power plant, supporting shift from gas-fired power to baseload nuclear energy. Acting as main contractor, Ansaldo Nucleare managed full engineering, procurement, construction, installation, and commissioning for upgrading the Water Treatment System and replacing the Waste Gas Compressor Package. The upgrade strengthens Krško’s contribution as - [Eskom agrees LNG offtake for Richards Bay power project](https://gastopowerjournal.com/news/market/eskom-agrees-lng-offtake-for-richards-bay-power-project/) - Eskom has entered an LNG supply agreement with Zululand Energy Terminal (ZET) to underpin its planned 3,000 MW gas-to-power project in Richards Bay, South Africa. The deal will make Eskom a “foundation customer” at the proposed regas terminal, which will offer open-access LNG imports. ZET is being developed by a joint venture linked to Vopak - [Fuel crisis rattles Asian economies](https://gastopowerjournal.com/news/market/fuel-crisis-rattles-asian-economies/) - A worsening fuel supply crunch is hitting Asian economies. India has so far relied on subsidies to protect its 1.4 billion population, but Prime Minister Narendra Modi also urged citizens to reduced fuel consumption by travelling less, lower fertilizer use in farming and to use less electricity. Governments face mounting pressure to contain the fallout. - [Drax commission first CCGT as part of 900 MW expansion](https://gastopowerjournal.com/news/projectsandfinance/drax-commission-first-ccgt-as-part-of-900-mw-expansion/) - Britain’s Drax Group commissioned its 299 MW Hirwaun open-cycle gas turbine (OCGT) plant in South Wales, marking the first of three fast-response gas units expected to deliver around 900 MW of flexible capacity once fully operational. The Hirwaun OCGT provides peaking power and grid stabilisation services as Britain’s electricity system becomes increasingly reliant on intermittent - [Ofgem’s price cap rise exposes UK businesses to fuel volatility](https://gastopowerjournal.com/news/regulationpolicy/ofgems-price-cap-rise-exposes-uk-businesses-to-fuel-volatility/) - UK energy regulator Ofgem has confirmed the domestic energy price cap will rise by 13% to £1,862 from July. While the cap applies to households, volatile wholesales gas prices weigh heavy on company’s operating costs. According to the Office for National Statistics, 66% of UK businesses reported concerns about energy prices earlier this year, rising - [Petroleum dwarfs US LNG sales, though gas accelerates](https://gastopowerjournal.com/news/market/petroleum-dwarfs-us-lng-sales-though-gas-accelerates/) - Petroleum, not LNG, accounts for most of the United States’ energy trade, reaching a 31 quadrillion British thermal units (quads) in 2025, followed by gas with 9 quads, according to U.S. government data. Yet natural gas is the faster growing export, with sales quadrupling over the past decade due to booming shale gas and expanded - [Equonic, Barton Knight to scale RES & battery projects in the UK](https://gastopowerjournal.com/news/technologyinnovation/equonic-barton-knight-to-scale-res-battery-projects-in-the-uk/) - British battery storage specialist Equonic and contractor Baron Knight have teamed up to pursue, deliver and scale renewable energy and battery-storage projects across the UK, as demand for grid-scale storage accelerates. Under the agreement, Eqonic will supply battery storage systems, inverters and related technical support to Barton Knight under defined supply contracts, while Barton will install, - [Race intensifies ahead of Singapore's power tender deadline](https://gastopowerjournal.com/news/projectsandfinance/bids-for-singapore-ccgt-tender-close-june-24/) - As the June 24, 2026 deadline approaches, developers are racing to submit bids for Singapore’s first tranche of three planned 600 MW hydrogen-ready gas-fired power plants. The Request for Proposal (RFP) calls for private firms to build, own, and operate one combined-cycle gas turbine (CCGT) plant by 2031, with up to two additional units slated - [GE Vernova’s HA turbine fleet surpasses 4 million operating hours](https://gastopowerjournal.com/news/market/ge-vernovas-ha-turbine-fleet-surpasses-4m-operating-hours/) - GE Vernova's HA gas turbine fleet has surpassed 4 million commercial operating hours worldwide. Since the first HA unit entered commercial operation in 2016, the fleet has grown to 128 units operating, generating approximately 74 GW of power plant capacity. "Surpassing 4 million commercial operating hours is a strong validation of the HA fleet's performance, - [Wärtsilä boosts energy production capacity in Vaasa](https://gastopowerjournal.com/news/market/wartsila-boosts-energy-production-capacity-in-vaasa/) - Finish technology company Wärtsilä will invest some €90 million to boost production at its Sustainable Technology Hub in Vaasa, Finland, by 30% following an earlier 35% expansion in February. The aim is to deliver a higher volume of engines, both for marine use and power generation. The earlier expansion is expected to be commissioned in - [Equinor warns weak EU gas inventories threaten power gen](https://gastopowerjournal.com/news/market/equinor-flags-eu-gas-supply-risk-low-storage-threatens-power-gen/) - Equinor has warned Europe’s gas market could become “critical” if the Strait of Hormuz stays closed to shipping for another months, jeopardising gas-fired power generation because the continent’s storage levels are exceptionally weak. Gas caverns and storage tanks across Europe are currently just above 35% full, way below a seasonal norm of around 50%, according - [NERC exaggerates risks facing US power grid](https://gastopowerjournal.com/news/market/nerc-exaggerates-risks-facing-us-power-grid/) - North American Electric Reliability Corp.’s (NERC) latest assessment overstates the risk facing the US power grid by assuming too much new data centre load and too little regional power flows, making resource margins appear artificially tight. Consultants at Grid Strategies said NERC’s 2025 Long-Term Reliability Assessment is “too pessimistic,” arguing that the grid watchdog’s demand - [2026 May 22](https://gastopowerjournal.com/weekly-news/2026-may-22/) - [KEPCO upgrades Himeji No.1 LNG-fuelled Power Station](https://gastopowerjournal.com/news/projectsandfinance/kepco-upgrades-himeji-no-1-lng-fuelled-power-station/) - Kansai Electric, better known as KEPCO, is planning to renew Himeji No.1 Power Station in western Japan with combined-cycle units to increase output and lower emission. Himeji No.1 is an LNG-fuelled plant that has been in operation for over 30 years. The 1,442 MW plant, made up of Unit 5 at 729 MW and Unit - [Cross-border CCS gains traction in Asia](https://gastopowerjournal.com/news/technologyinnovation/cross-border-ccs-gains-traction-in-asia/) - Cross-border carbon capture arrangements are gaining traction across Asia Pacific as there are many high-emitting nations in the region, which have the technology to capture CO2 but lack the geological capacity to store it. Utilities and industries strive to set up value chain to capture, sell and store emissions abroad in a bid to decarbonise - [Ansaldo completes ITER remote handling tools](https://gastopowerjournal.com/news/brief-news/ansaldo-completes-iter-remote-handling-tools/) - May 20 – Ansaldo Nucleare has completed manufacturing and test for remote handling tools and infrastructure for the ITER nuclear fusion project. Under construction in Cadarache, southern France, ITER’s objective is to tap a large-scale, carbon-free energy source – reproducing on earth the process that fuels the sun. - [Ichthys strike risk leaves Japan most exposed as LNG supply tightens](https://gastopowerjournal.com/news/market/ichthys-lng-strike-risk-leaves-japan-most-exposed/) - Strike threats at Inpex-operated Ichthys LNG from May 27 have put Japan’s power sector at the center of a fresh supply-risk story, given the country’s heavy dependence on contracted Australian LNG and limited spot flexibility. Around 70% of output from the 9.3 million tonnes per annum Ichthys project in Darwin is sold to Japanese buyers, - [SK-led consortium breaks ground on $2.3bn LNG-to-power project](https://gastopowerjournal.com/news/projectsandfinance/sk-led-consortium-breaks-ground-on-2-3bn-lng-to-power-project/) - A consortium led by South Korea’s SK Innovation, Vietnam’s PV Power, and Japan’s NASU has broken ground on a $2.3 billion LNG-to-power project in Vietnam. The Quynh Lap project will have a power generation capacity of 1,500 MW, fuelled by imported LNG. SK Innovation said it plans to ship LNG to the adjacent 250,000-cubic-meter terminal, - [Karpowership to deploy 250 MW LNG-to-Power unit on Yucatán](https://gastopowerjournal.com/news/projectsandfinance/karpowership-to-deploy-250-mw-lng-to-power-unit-on-yucatan/) - Turkish floating power producer Karpowership will deploy a 250MW gas-fired powership alongside a floating storage and regasification unit (FSRU) in Mexico’s Yucatán Peninsula under a three-year agreement with grid operator CENACE. Both vessels are expected to arrive in the coming weeks, due for immediate commissioning. Under the agreement, Karpowership will deploy a 250 MW Powership - [Hybrid onsite generation – vital for industries to gain energy security](https://gastopowerjournal.com/news/technologyinnovation/hybrid-onsite-generation-vital-for-industries-to-gain-energy-security/) - Grid stability has become a key issue as EU member states push for industrial decarbonisation: Inherently intermittent power supply from wind and solar power sources could disrupt energy-intensive industries and CEOs hence increasingly resort to hybrid onsite generation to gain energy independence. With Austria’s electricity demand expected to increase by 50% by 2040, stable power - [Iraq hit by Iranian gas squeeze as Excelerate LNG deal advances](https://gastopowerjournal.com/news/market/iraq-hit-by-iranian-gas-squeeze-as-excelerate-lng-deal-advances/) - Iraq’s power sector remains vulnerable to fluctuations in Iranian gas supplies, prompting Baghdad to press ahead with plans to import LNG through the country’s first floating terminal, developed by Excelerate Energy. Iranian gas exports to Iraq are continuing, but at volumes well below Iraq’s needs. Iraqi officials said supplies resumed in February at about 7 - [SE Asia’s power needs to rise by 100 TWh in next five years](https://gastopowerjournal.com/news/market/se-asias-power-needs-to-rise-by-100-twh-in-next-five-years/) - Electricity demand from AI data centres, industry and transport in Southeast Asia is set to rise by more than 100 terawatt hours (TWh) over the next three to five years, requiring over $200 billion in investment to support the surge, according to a joint report by Bain & Company and Standard Chartered. More than half - [Turbine shortage undermines power project timelines](https://gastopowerjournal.com/news/market/turbine-shortage-threatens-power-project-timelines-in-southeast-asia/) - Large production backlogs are causing a global shortage of gas turbines which delays and inflates costs of gas-fired power projects in Vietnam and the Philippines. Some turbine makers advise developers to plan 7-8 years ahead for turbine procurement. The Philippines is unlikely to commission any new LNG-fired power plants this decade. Although one project in - [Vaca Muerta gains traction amid Middle East supply risk](https://gastopowerjournal.com/news/market/vaca-muerta-gains-traction-amid-middle-east-supply-risk/) - Argentina’s Vaca Muerta shale is drawing investor interest to a 15-block licensing round for blocks suited for LNG feedgas development. The bidding round comes as buyers reassess their portfolio exposure to supplies chains build around the Strait of Hormuz. Disruption or perceived risk to future LNG exports from Qatar and the UAE have increased interest - [Germany approves gas power plant subsidy law](https://gastopowerjournal.com/news/regulationpolicy/germany-approves-gas-power-plant-subsidy-law/) - The German government has approved a draft law to subsidise new gas-fired power plants through competitive auctions, aiming to safeguard electricity supply as Europe’s largest economy accelerates its coal exit. The ruling coalition expects the scheme to cost up to €3 billion in 2031, when all contracted capacity is due to be operational, and up - [China, Korea, Japan lead on energy storage patenting](https://gastopowerjournal.com/news/technologyinnovation/china-korea-japan-lead-on-energy-storage-patenting/) - Energy security has moved to the forefront of policy-making, as LNG shipping constraints from Qatar raise the urgency of domestic energy storage. Most patents for lithium-ion batteries are filed from companies in China, Korea and Japan. Batteries account for nearly 45% of all energy patenting and in solar innovation, patenting has shifted toward perovskite solar cells - [2026 May 15](https://gastopowerjournal.com/weekly-news/2026-may-15/) - [Shell to deliver LNG cargo to Turkey for Bulgargaz](https://gastopowerjournal.com/news/market/shell-to-deliver-lng-cargo-to-turkey-for-bulgargaz/) - Shell has won a tender to deliver one LNG cargo to Turkey on behalf of Bulgaria’s state-owned gas supplier Bulgargaz, in a move highlighting Sofia’s reliance on LNG to meet seasonal electricity demand. The cargo will be shipped to the BOTAS-operated Marmara Ereğlisi terminal in Turkey, with the regasified LNG transported to Bulgaria via gas - [Australia mandates 20% gas reserve for domestic market](https://gastopowerjournal.com/news/market/australia-mandates-20-gas-reserve-for-domestic-market/) - Australian LNG exporters will be required to reserve 20% of their gas production for the east coast domestic market under a new policy, effective July 1, 2027. The measure targets three LNG projects – Shell/Arrow Energy's Queensland Curtis LNG, Santos’ Gladstone LNG, and Origin/ConocoPhillips' Australia Pacific LNG. The mandates will not interfere long-term export contracts, - [Axpo favours gas power](https://gastopowerjournal.com/news/brief-news/axpo-favours-gas-power/) - April 13 – Swiss utility Axpo is advocating three to four new gas-fired power plants, while continuing to run the nuclear reactors Gösgen and Leibstadt. Gas-fuelled power is advantageous, Axpo chairman Thomas Siebers says, given they can be quickly regulated, built relatively fast, and bring flexibility to the system. - [Fuels crisis ripples through Asian economies](https://gastopowerjournal.com/news/market/fuels-crisis-ripples-through-asian-economies/) - A deepening LNG and fuel crisis is rippling across Asian economies, escalating electricity prices, shipping and airfare costs. About 8.8 million people are at risk of being pushed into poverty and ramifications from the Middle East conflict could cause $299 billion in economic losses to the Asia-Pacific region, according to the United Nations Development Program. - [ENKA starts up HA-class powered plant in Turkey](https://gastopowerjournal.com/news/projectsandfinance/enka-starts-up-ha-class-powered-plant-in-turkey/) - Turkey’s largest construction company ENKA has started commercial operations at the 852 MW Kırklareli power plant, the first plant in the country powered by a GE 9HA.02 gas turbine. Start-up of the Kırklareli plant, situated about 20 miles from the Bulgarian border, is part of an ongoing effort to modernise the Turkish power system through - [Siemens Energy raises outlook on strong Q2 earnings](https://gastopowerjournal.com/news/market/siemens-energy-raises-outlook-on-strong-q2-earnings/) - Siemens Energy has lifted its full-year outlook after reporting strong second-quarter results, driven by a 30% rise in order intake, robust U.S. demand and improved profitability across its businesses. The German energy technology group posted orders of 17.7 billion Euros ($19.1 billion) for the three months to March 31, up nearly a third to mark - [Jordan charters Excelerate FSRU to meet summer demand](https://gastopowerjournal.com/news/market/jordon-charters-excelerate-fsru-to-meet-summer-demand/) - Jordan's National Electric Power Co has signed a nine-month timecharter for the FSRU ’Excelerate Acadia’ to be deployed at the country’s Aqaba terminal. Imported LNG will help meet Jordan’s rising gas demand for power generation during the peak summer season. The additional floating LNG import capacity will reinforce fuel supply to Jordan’s gas-fired power plants, - [E.ON takes over British rival OVO](https://gastopowerjournal.com/news/market/e-on-takes-over-british-rival-ovo/) - German energy supplier E.ON has agreed to acquire its British rival OVO in a deal that could almost double E.ON’s customer base in the UK. Financial terms were not disclosed, but JPMorgan said considering OVO’s financial pressures could result in a “relatively low purchase price.” OVO, once a fast-growing challenger brand in Britain’s liberalized energy - [German energy use down in Q1 as industries cut output](https://gastopowerjournal.com/news/market/german-energy-use-down-in-q1-as-industries-cut-output/) - Germany's energy consumption fell 2% in the first quarter of 2026, compared with the year-earlier period, driven by falling industrial output despite modest GDP growth. Gas consumption dipped 1.4% due to declining industrial production – though gas demand could firm as RWE plans gigawatt-scale expansion. “Although total GDP grew by 0.5 percent in the first - [PJM struggles with 5.4% load growth in Virginia](https://gastopowerjournal.com/news/market/pjm-struggles-with-5-4-load-growth-in-virginia/) - PJM Interconnection is bracing for a peak summer load growth of 5.4% annually over the next decade as data center expansion and transport electrification reshape consumption patterns. The clustering of hyperscale facilities in PJM territory, particularly in Virginia, has created dense pockets of continuous, high-load demand with limited responsiveness to price signals. The shift is - [Oil majors’ clean energy spend plunges](https://gastopowerjournal.com/news/market/oil-majors-clean-energy-spend-plunges/) - Oil supermajors — namely BP, Chevron, Eni, Equinor, ExxonMobil, Shell and TotalEnergies — are shifting capital towards core segments, especially outside the Persian Gulf region, and retrench from energy transition-related investment, BNEF finds. The strategic pivot prioritizes shareholder returns and energy security amid Middle East geopolitical tensions, with funds redirected to offset field depletions and - [2026 May 8](https://gastopowerjournal.com/weekly-news/2026-may-8/) - [Centrica completes £370m Severn CCGT acquisition](https://gastopowerjournal.com/news/projectsandfinance/centrica-completes-370m-severn-ccgt-acquisition/) - Centrica has completed its £370 million ($470 million) acquisition of the 850 MW Severn combined-cycle gas power station in South Wales from Calon Energy, boosting its UK generation capacity to 4 GW. The cash deal, funded from existing resources on a debt-free basis, includes assets capable of powering 6 million homes, with 1 GW more - [Offshore wind crunch bolsters role of gas-fired power](https://gastopowerjournal.com/news/market/offshore-wind-crunch-bolsters-role-of-gas-fired-power/) - Europe's offshore wind expansion is faltering under severe supply constraints, with wind turbine prices surging 40–45% since 2020 – extending the critical role of gas-fired power to plug an estimated 6 TWh gap in electricity production. Siemens Gamesa and Vestas dominate about 55% of the global wind power market and are controlling nearly all European - [Pakistan LNG tender closes today amid peak power strain](https://gastopowerjournal.com/news/market/pakistan-lng-tender-closes-today-amid-peak-power-strain/) - Pakistan LNG’s emergency tender for spot cargoes is closing today as the state-owned importer seeks urgent deliveries to help meet seasonal peak power demand more than 4,500 MW. Delivery windows for the cargoes are offered for May 12-14 and May 24-26. The move marks Pakistan’s second emergency LNG purchase, following a similar tender on April - [Pakistan tenders for LNG](https://gastopowerjournal.com/news/brief-news/pakistan-tenders-for-lng/) - May 6 – Pakistan LNG has launched a tender for emergency supplies to meet seasonal peak power demand. The state-owned company is seeking shipments in a tender May 12 to 14 and May 24 delivery in a tender that closes on Thursday this week. - [Oman launches tender H2-ready power plant](https://gastopowerjournal.com/news/hydrogen/oman-launches-tender-h2-ready-power-plant/) - Oman’s state-owned Nama Power and Water Procurement (PWP) company has launched a tender for a hydrogen-ready gas power plant with a capacity between 800 MW and 1 GW. Bidders need to submit their proposals by June 21. The plant will be one of the first projects to use Oman-made hydrogen, normally destined for export. State-owned - [Germany launches €5bn round of CCfD scheme](https://gastopowerjournal.com/news/market/germany-launches-e5bn-round-of-ccfd-scheme/) - Germany has launched the 2026 round of its flagship Carbon Contracts for Difference (CCfD) scheme, with up to €5 billion in state aid, as Berlin seeks to decarbonise energy-intensive sectors – notably chemicals, metals, cement, glass and paper – where electrification or hydrogen switching will raise power demand and require flexible backup capacity. CCfD contracts - [Hitachi launches 800 kV SF6-free circuit breaker in Chicago](https://gastopowerjournal.com/news/technologyinnovation/hitachi-launches-800-kv-sf6-free-circuit-breaker-in-chicago/) - Hitachi Energy has launched an 800 kV SF6-free dead tank circuit breaker at the IEEE PES T&D conference in Chicago, targeting ultra-high-voltage transmission systems as utilities face tighter emissions constraints and rising grid demand. The new EconiQ-branded breaker is designed for 800 kV, 63 kA systems, aimed at long-distance backbone networks that support bulk power - [Sembcorp-led consortium to develop Taweelah C IPP](https://gastopowerjournal.com/news/projectsandfinance/sembcorp-led-consortium-to-develop-taweelah-c-ipp/) - A consortium led by Singapore’s Sembcorp Industries and Saudi Arabia’s Al‑Jomaih Energy & Water Company has been selected to develop the 2.5 GW Taweelah C independent power producer (IPP) project in Abu Dhabi. All electricity will be sold to the state offtaker EWEC under a contract to be signed in mid-May. Unit C will be - [Brazil’s GNA LNG-to-power hub eyes 6.4 MW expansion](https://gastopowerjournal.com/news/projectsandfinance/brazils-gna-lng-to-power-hub-eyes-6-4-mw-expansion/) - The Gás Natural Açu (GNA) complex, with 3.4 GW of LNG-fuelled capacity, has become a critical stabiliser of Brazil’s increasingly renewable‑heavy power system. An expansion is under consideration, with the GNA site licensed for capacity of up to 6.4 GW. Situated at the Port of Açu in Rio de Janeiro state, GNA is one of - [Bulgargaz launches LNG tender to meet peak power demand](https://gastopowerjournal.com/news/market/bulgargaz-launches-lng-tender-to-meet-peak-power-demand/) - Bulgargaz EAD has launched a tender for one LNG cargo to strengthen gas availability during the peak summer demand period. Delivery of the cargo will be to the Marmara Ereğlisi LNG terminal in Turkey. Seasonal LNG imports via the Alexandroupolis FSRU in Greece and complementary options like the BOTAS-operated Marmara Ereğlisi terminal allow the Bulgaria - [DOE reopens SMR tender](https://gastopowerjournal.com/news/brief-news/doe-reopens-smr-tender/) - May 4 – US government support for domestic small modular reactor (SMR) technology has increased, with the U.S. Department of Energy (DOE) reissuing a tender, or $900 million in federal funding, as SMRs are meant to replace gas-fuelled plants in providing baseload power in the face of Big Data’s growing energy demand. - [South Asia pivot to nuclear amid LNG supply crunch](https://gastopowerjournal.com/news/market/south-asia-pivot-to-nuclear-amid-lng-supply-crunch/) - Bangladesh and Pakistan are fast-tracking plans to expand nuclear power capacity as disruptions to Qatari LNG deliveries and price spikes expose the risk of heavy reliance on imported gas. Pakistan, another major buyer of Qatari LNG, is in talks with China to expand its nuclear fleet, including additional Hualong One-type reactors, while the government in - [Ghana to break ground on 1.2 GW gas power plant this year](https://gastopowerjournal.com/news/projectsandfinance/ghana-to-break-ground-on-1-2-gw-gas-power-plant-this-year/) - Ghana plans to begin construction of a 1,200 MW gas-fired power plant before the end of 2026, President John Dramani Mahama announced, specifying technical designs and a financing roadmap is already underway. The Ministries of Energy and Finance support the project as Ghana’s power system is facing peak demand of about 4,300 MW, with consumption - [2026 May 1](https://gastopowerjournal.com/weekly-news/2026-may-1/) - [Japanese utilities skip earnings guidance amid LNG price spike](https://gastopowerjournal.com/news/market/japanese-utilities-skip-earnings-guidance-amid-lng-price-spike/) - Numerous Japanese utilities have withheld full-year earnings guidance as the Middle East conflict drives up LNG costs and clouds fuel supply. Bloomberg reported that Asian LNG prices have surged 70%, exemplifying how exposed Japan’s power sector remains to the global gas market. Despite nuclear restarts, LNG remains central to the Japanese electricity mix and many - [Singapore floats tender for 3x600 MW gas power plants](https://gastopowerjournal.com/news/projectsandfinance/singapore-floats-tender-for-3x600-mw-gas-power-plants/) - Singapore’s Energy Market Authority (EMA) has launched a tender for up to three new 600 MW gas-fired power plants. Private sector developers are invited to build, own and operate the plants – one due operational by 2031 and another two in 2032. With this tender, the city state prepares for rising electricity demand driven by - [Hitachi, Samsung cooperate on grids](https://gastopowerjournal.com/news/brief-news/hitachi-samsung-team-up-on-hvac-grids-2/) - April 29 - Hitachi Energy and Samsung C&T are expanding their collaboration on high-voltage alternating current (HVAC) grid infrastructure. Flexibility is critical in today’s energy markets, hence the two partners place AC solution at the core of efficient transmission and cross border electricity flows. - [GE bags order for AGP upgrade at two power plants in Egypt](https://gastopowerjournal.com/news/projectsandfinance/ge-bags-order-for-agp-upgrade-at-two-power-plants-in-egypt/) - GE Vernova has been contracted to modernise two 9F gas turbines at the Bahna and Nubaria power plants in Egypt. The Advanced Gas Path upgrades will increase each unit’s output and raise efficiency by about 2%. The order was awarded by Middle Delta Electricity Production Company, the operator of the plants and an affiliate of - [Net Zero Teeside advances towards 2028 launch](https://gastopowerjournal.com/news/projectsandfinance/net-zero-teeside-advances-towards-2028-launch/) - Net Zero Teesside (NZT), the UK’s flagship gas power and CCS projects, is making strides towards a 2028 start-up. Construction began mid-2025 on the 742 MW power plant, which will capture up to 2 million tonnes of CO2 yearly for North Sea storage. NZT Power – the core gas-fired power station component – is a - [EU power price held stable at €90/MWh despite LNG crunch](https://gastopowerjournal.com/news/market/eu-power-price-held-stable-at-e90-mwh-despite-lng-crunch/) - Though the Middle East conflict disrupted 80 mtpa of LNG exports, fuel diversification helped stabilise gas and power prices across Europe’s five major markets at over €90/MWh in March, while month-ahead gas prices peaked at $19/MMBtu in April. The latest Qatari LNG supply shock matched the scale of Russia's 2022 pipeline gas curtailment into Europe, - [DNV to certify Britain’s Northern CCS infrastructure](https://gastopowerjournal.com/news/market/dnv-to-certify-britains-northern-ccs-infrastructure/) - The Norwegian assurance provider DNV has been appointed to certify the Northern Endurance Partnership (NEP), the CO₂ transport and storage project underpinning the UK's East Coast Cluster. NEP will transport CO₂ captured from industrial emitters across Teesside and the Humber for permanent storage beneath the southern North Sea, forming a central pillar of Britain’s carbon - [Germany to hold first gas power plant tender in September](https://gastopowerjournal.com/news/regulationpolicy/germany-to-hold-first-gas-power-plant-tender-in-september/) - The German government prepares to tender around 9 GW of new gas-fired power of dispatchable gas-fired power plant capacity in September, followed by a second tender in December. Subsequent tenders are expected to be open not only to new-build projects but also to existing plants and other technologies capable of delivering dispatchable capacity, according to - [Asia’s data center build-out faces power constraints](https://gastopowerjournal.com/news/market/asias-data-center-build-out-faces-power-constraints/) - Asia-Pacific’s data centre sector is increasingly constrained by limited electricity supply, reshaping project financing and site selection, Deloitte said. It expects load growth from big data in the region to rise from under 200 TWh currently to over 1,000 TWh by the mid-2030s. This AI-driven load growth coincides with broader electrification trends which may boost - [Endesa overhauls Lanzarote CCGT](https://gastopowerjournal.com/news/brief-news/endesa-overhauls-lanzarote-ccgt/) - April 27 – Spanish utility Endesa is advancing a €8.42 million investment to modernise the Lanzarote combined-cycle power plant. The upgrade work involves a turbine modification at one of the two CCGT units, and is expected to last up to three months. - [Argentina buys cargo for Escobar FSRU to fuel power gen](https://gastopowerjournal.com/news/market/argentina-buys-cargo-for-escobar-fsru-to-fuel-power-gen/) - Energía Argentina has awarded a spot LNG cargo to Spain’s Naturgy, due to arrive at the Escobar floating storage and regasification unit (FSRU), in the second week of May as the country ramps up gas supply ahead of peak winter power demand. Shipment will be arranged on a delivered ex-ship (DES) basis to the Escobar - [PJM queue crunch makes developer pre-order equipment](https://gastopowerjournal.com/news/market/pjm-queue-crunch-makes-developer-pre-order-equipment/) - The load queue in PJM, the regional grid operator in the US Mid-Atlantic and parts of the Midwest, is now long enough to shape new build decisions. Active queue data show 1,010 PJM requests totalling 119.63 GW, developers are bypassing the traditional wait-and-see model and are locking in power gen equipment early. Data centers, in - [Ansaldo-powered 1 GW plant in the UAE due operational by 2027](https://gastopowerjournal.com/news/technologyinnovation/ae94-3a-turbines-to-power-1-gw-plant-in-al-dhafra-uae/) - Four Ansaldo AE94.3A turbines will form the core of a new 1 GW power plant, developed by TAQA in the Al Dhafra region of the United Arab Emirates (UAE). Due operational by May 2027, the gas power plant will be co-located with one of the world’s largest photovoltaic parks. In addition to supplying the gas - [Vietnam may scrap 4.8 GW LNG-fuelled power for renewables](https://gastopowerjournal.com/news/market/vietnam-pivots-from-lng-fuelled-power-to-res-plus-battery/) - Vietnam’s Vingroup has proposed scrapping plans for what would have been the country’s largest LNG-fired power plant and replacing it with a renewable‑plus‑battery scheme, as soaring LNG prices make the 4.8 GW Hai Phong venture financially unviable. The Hai Phong LNG‑to‑power project, originally developed with ExxonMobil and Japan’s top LNG importer JERA, was to combine - [US regional gas prices near zero despite Middle East risks](https://gastopowerjournal.com/news/market/us-regional-gas-prices-near-zero-despite-middle-east-risks/) - Regional US gas prices in the Southwest and Southern California are trading near zero, even as LNG export demand hits maximum capacity. Domestic gas output exceeds 105 Bcf/d, flooding storage and capping upside, while LNG feedgas demand increased to 20.3 Bcf/d amid soaring US LNG export driven by panic buying. Global LNG tightness has spiked - [Clean power shift saves EU consumers €8.5 billion](https://gastopowerjournal.com/news/market/clean-power-shift-saves-eu-consumers-e8-5-billion/) - Consumers in the five EU countries – Denmark, Finland, France, Sweden and Slovakia – with the highest clean energy share in their electricity mix will save up to € 8.5 billion on their electricity bills this year, compared to those with the dirtiest energy mix – notably Poland, Italy, Greece, Estonia, the Netherlands. Every €1/MWh - [2026 April 24](https://gastopowerjournal.com/weekly-news/2026-april-24/) - [GE Vernova raises 2026 outlook on AI-driven gas turbine demand](https://gastopowerjournal.com/news/market/ge-vernova-raises-2026-outlook-on-ai-driven-gas-turbine-demand/) - GE Vernova has raised its full-year revenue and core profit margin forecasts, citing surging demand for gas turbines and grid equipment from power-intensive data centers. Order wins related to AI data center buildouts overcompensate the company’s lagging wind segment. For the full year 2026, the Cambridge, Massachusetts-based company now expects a revenue of $44.5 billion - [Middle East LNG shock could develop into a food crisis, Vitol warns](https://gastopowerjournal.com/news/market/middle-east-lng-shock-could-develop-into-a-food-crisis-vitol-warns/) - Vitol’s head of LNG, Pablo Galante Escobar, has warned the halt in Middle Eastern supply could develop into a food crisis, unless transits through the Strait of Hormuz resume. Longer term, the Gulf market could lose 20 mtpa of LNG supply growth in 2027 and 2028, because of damage to Qatari capacity and delays to - [Battery investment falls as Chinese li-ion market consolidates](https://gastopowerjournal.com/news/energy-storage/battery-investment-falls-as-chinese-li-ion-market-consolidates/) - China’s drive to offer higher-quality batteries spurs industry consolidation. Lithium-ion battery making - once China's strong point - is no longer in focus. New technologies emerge like lithium iron phosphate (LFP) batteries emerge where Tesla and Ford seek to get a head-start. For long, lithium-ion battery making was center stage: China’s early adoption of industrial-scale - [Ansaldo names new board, confirms CEO Fabbri](https://gastopowerjournal.com/news/brief-news/ansaldo-names-new-board-confirms-ceo-fabbri/) - April 21 – Ansaldo Energia shareholders have appointed a new Board of Directors and Board of Statutory Auditors for the next three-year term. Carlo Alberto Giusti was named Chairman, while Fabrizio Fabbri was confirmed as Chief Executive Officer by the newly formed board. Marino Marrazza will chair the Board of Statutory Auditors, as shareholders thanked - [Global gas demand slows, amid high spot LNG prices](https://gastopowerjournal.com/news/market/global-gas-demand-slows-markedly-amid-high-spot-lng-prices/) - Weaker industrial activity and high LNG prices have slowed global gas demand markedly in 2025, the International Energy Agency (IEA) finds. Gas demand in the power sector grew by less than 1%, due to high spot LNG prices, improved nuclear availability in Asia and continued renewables growth. In the United States, higher domestic gas prices - [China revives coal-to-gas project in energy security push](https://gastopowerjournal.com/news/regulationpolicy/china-revives-coal-to-gas-project-in-energy-security-push/) - China Datang has restarted construction on its long-stalled Fuxin coal-to-gasification plant in Liaoning province, aligned with policies to bolster domestic gas supplies. The project, dormant for a decade due to cost constrains, aims to convert low-quality coal into pipeline-grade natural gas, reducing reliance on LNG imports. Construction on the Fuxin coal-to-gas plant began in 2011 - [ACWA, Saudi Energy sign $3.1 billion Rabigh 2 gas power PPA](https://gastopowerjournal.com/news/projectsandfinance/acwa-saudi-energy-sign-3-1bn-rabigh-2-gas-power-ppa/) - ACWA Power and Saudi Energy have signed a 31-year power purchase agreement (PPA) for the Rabigh 2 IPP expansion project, under a contract valued at 11.5 billion Saudi-Riyal ($3.07 billion). The Phase 2 expansion involves the development, financing, construction, ownership and operation of a 2,313.5-MW combined-cycle gas turbine plant in Makkah province, some 130 km - [Texan CCGT co-funded by Japan](https://gastopowerjournal.com/news/brief-news/16bn-texan-ccgt-backed-by-japan/) - April 20 – A $16 billion combined-cycle gas power complex is planned for Anderson County, East Texas. The White House said the facility is one of three projects backed by Japan under a $550 billion investment package pledged in October to cater to rising electricity demand from data center growth. - [Pakistan seeks four Qatari LNG cargoes to avert power crunch](https://gastopowerjournal.com/news/market/pakistan-seeks-four-qatari-lng-cargoes-to-avert-power-crunch/) - Pakistan and Qatar are in advanced talks to get at least four LNG cargoes routed through the Strait of Hormuz, as Pakistan faces an acute LNG crunch of about 400 million cubic feet per day (mmcf/d). That supply gap already caused electricity shortages and load-shedding. Prime Minister Shebaz Sharif just returned from a tri-nations tour - [Vulcan selects Siemens to scale Lionheart Project](https://gastopowerjournal.com/news/projectsandfinance/vulcan-selects-siemens-to-scale-lionheart-project/) - Vulcan Energy has selected Siemens as the preferred supplier of automation and digitalization technology for its Lionheart lithium and renewable energy project in Germany’s Upper Rhine Valley. The flagship project targets to produce 24,000 tonnes of lithium hydroxide monohydrate (LHM) per year- sufficient for around 500,000 electric vehicle batteries. Lionheart will also deliver 275 GWh - [German ‘industrial power price’ offers just 10% cost relief](https://gastopowerjournal.com/news/market/german-industrial-power-price-offers-just-10-cost-relief/) - The German government is freeing up €3.8 billion in state support to subsidise a new ‘industrial electricity price’ – but the Chemical Industry Association (VCI) claims the scheme would lower electricity costs by less than 10% for most companies, as taxes, levies and fees remain payable in full. An industrial gas producer with an annual - [US gas exports to grow 30% by 2027 as LNG terminals ramp up](https://gastopowerjournal.com/news/market/us-gas-exports-to-grow-30-by-2027-as-lng-terminals-ramp-up/) - Five US LNG terminals will start operations and ramp up productions by the end of 2027, adding nearly 30% to the country’s current peak export capacity of 18.3 bcf/d in a bid to balance 10 Bcf/d of damaged Qatari export capacity, American government analysts forecast. This year, Golden Pass LNG will start up its first - [Hitachi, Samsung team up on HVAC grids](https://gastopowerjournal.com/news/brief-news/hitachi-samsung-team-up-on-hvac-grids/) - April 17 – Hitachi Energy and Samsung C&T are expanding their collaboration on high-voltage alternating current (HVAC) grid infrastructure. Flexibility is critical in today’s energy markets, hence the two partners place AC solution at the core of efficient transmission and cross border electricity flows. - [Ocean-Power advances data center decarbonisation with CCS](https://gastopowerjournal.com/news/technologyinnovation/ocean-power-advanced-data-center-decarbonisation-with-ccs/) - Ocean-Power is positioning itself as a key energy supplier to the data center industry, offering floating gas-fuelled power plants with post-combustion carbon capture and storage (CCS). Floating units with 200–250 MW power packs are generating electricity in combined-cycle mode with the captured CO2 injected into a nearby geological formation, or liquefied for industrial use elsewhere. - [Pakistan fires up oil plants to backfill gas power shortfall](https://gastopowerjournal.com/news/market/pakistan-fires-up-oil-plants-to-backfill-gas-power-shortfall/) - Pakistan is running its furnace oil-fired power plants at full capacity and has delayed scheduled nuclear‑plant maintenance after LNG supply disruptions slashed gas‑fired generation to roughly 500 MW, down from 6000 MW installed capacity. Energy minister Awais Leghari said the country has taken emergency measure to avert the risk of blackouts. “We are arranging additional - [2026 April 17](https://gastopowerjournal.com/weekly-news/2026-april-17/) - [VNG calls on Germany to intervene and help refill storage](https://gastopowerjournal.com/news/market/vng-calls-on-germany-to-intervene-and-help-refill-storage/) - German gas importer VNG is pressing the government to help refill gas storage before next winter, warning current market conditions make injections uneconomic. Gas stocks in Germany ended the winter about 22% full, the lowest level in seven years, while European storage remains below 30% in mid-April, leaving the region reliant on a strong summer - [Millions of EV batteries could be reused for energy storage](https://gastopowerjournal.com/news/energy-storage/millions-of-ev-batteries-could-be-reused-for-energy-storage/) - As consumers embrace electric cars, around one million tons of EV batteries could be available for reuse by 2030. Connected Energy already installed several second life battery energy storage systems across Europe, providing grid operators with peak shaving frequency response and supplying on-demand power for micro grid applications. The Newcastle-based company combines EV batteries with - [IEA warns of overreliance on China for clean energy technologies](https://gastopowerjournal.com/news/market/iea-warns-of-overreliance-on-china-for-clean-energy-technologies/) - China-made electric cars, batteries and renewable power equipment dominate global markets, making global economies vulnerable to supply disruption. A one-month halt in Chinese battery exports would reduce e-car factory output elsewhere by $17 billion, while a similar disruption in Chinese solar panels would slash$1 billion in monthly output from solar PV module factories, the International - [Japan faces electricity crunch as Qatari LNG flows falter](https://gastopowerjournal.com/news/market/japan-faces-electricity-crunch-as-qatari-lng-flows-falter/) - Japan could face electricity shortages if Qatari LNG shipments remain disrupted. A prolonged Middle East conflict would delay the start of additional LNG deliveries expected from 2028, from new projects in Qatar and the UAE. Though Japan just sources 4 million tons of LNG annually, or 6% of total imports, via the Strait of Hormuz - [Siemens Energy revives Libya’s Sarir plant with turbine swap](https://gastopowerjournal.com/news/projectsandfinance/siemens-energy-revives-libyas-sarir-plant-with-turbine-swap/) - Siemens Energy’s has repowered Libya’s Sarir plant by replacing the old turbine units with new ones, based on standardized designs. For a Brownfield Engine Exchange (BEX), the German manufacturer reuses existing infrastructure to cut costs and minimize downtime. Faced with an electricity deficit that often exceeds 2 GWs during summer peaks, restoring the 855 MW - [NFE to lease FSRU in Brazil from August](https://gastopowerjournal.com/news/market/nfe-enters-lease-agreement-for-fsru-in-brazil-from-august/) - New Fortress Energy (NFE) will begin a lease and capacity agreement for its floating LNG import terminal in Santa Catarina, Brazil in August. The deal is expected to generate about $50 million in annual EBITDA by 2027 and strengthens NFE’s push to unlock value through its new Brazilian unit, known as BrazilCo. The leased floating - [Panic buying could trigger ‘vicious feedback loop’](https://gastopowerjournal.com/news/market/panic-buying-could-trigger-vicious-feedback-loop/) - Southeast Asian countries with historically low gas storage levels have resorted to panic buying of spot LNG cargoes. Analysts warn a “vicious feedback loop” could weakening domestic purchasing power and exacerbate energy price inflation. “Not only do you have higher priced energy imports, you also have weaker local currencies. Which means that those imports become - [Hitachi, Adani switch on HVDC infeed for Mumbai](https://gastopowerjournal.com/news/brief-news/hitachi-adani-switch-on-hvdc-infeed-for-mumbai/) - April 14 – Hitachi Energy and Adani Energy Soluation have commissioned one of the world’s largest HVDC city center infeeds in Mumbai, increasing electricity supply coming from outside the city by 50%. The HVDC link allows to transport up to 1,000 MW of electricity into one of the world’s most densely populated megacities and supports - [Japan relaxes rules for coal-burn in FY2026, starting April](https://gastopowerjournal.com/news/market/japan-relaxes-rules-for-coal-burn-in-fy2026-starting-april/) - Japan is temporarily relaxing operating rules for coal-fired power plants from April 1, 2026, for one year amid uncertainty over LNG procurement. The measure is an emergency response to preserve LNG and bolster power supply – not a change to Japan’s decarbonisation policy. LNG-burn for power generation in Japan largely hinges on shipments of up - [EU windfall tax on energy profits risks squeezing spark spreads](https://gastopowerjournal.com/news/regulationpolicy/eu-windfall-tax-on-energy-profits-risks-squeezing-spark-spreads/) - A push by five EU governments for a windfall tax on oil and gas profits could fund consumer relief and curb electricity-price inflation, impacting dispatch economics as well as dark and spark spreads. Germany, Italy, Spain, Portugal and Austria have asked Brussels to skim off “surplus profits” of energy companies after a surge in fuel - [American shale production to surge 40% amid Qatar disruptions](https://gastopowerjournal.com/news/market/american-shale-production-to-surge-40-amid-qatar-disruptions/) - Shale gas production is forecast to soar by up to 40% in the United States through to 2050, compared to 2025 levels, spurred by massive buying interest of US LNG to balance force majeure on Qatari deliveries. Export volumes of US LNG is forecast to more than double to over 30 billion cubic feet per - [Gladstone gas-plus-storage project files for approval](https://gastopowerjournal.com/news/regulationpolicy/gladstone-gas-plus-storage-project-files-for-approval/) - Private Energy Partners has applied for environmental approval to build the 1,188 MW Gladstone SDA Energy Hub, a hybrid gas‑fired power generation and battery energy storage system (BESS) project in Queensland. The project combines six open‑cycle gas turbines (198 MW each), based on Siemens Energy’s SGT5‑2000E technology, with a co‑located 780 MW lithium‑iron‑phosphate BESS –to be delivered in three phases. Electricity will be - [Turboden helps electrify process heat](https://gastopowerjournal.com/news/brief-news/turboden-helps-electrify-process-heat/) - April 2 – Turboden, an MHI group company, is electrifying the making of high‑temperature process heat for sugar production. To that end, Turboden will supply a Mechanical Vapour Recompressor (MVR) to the Italian sugar producer Co.Pro.B. – Italia Zuccheri. - [German Chancellor mulls slowing down coal power exit](https://gastopowerjournal.com/news/market/german-chancellor-mulls-slowing-down-coal-power-exit/) - German Chancellor Friedrich Merz is considering to slow the coal exit in the German power sector, saying existing coal-fired power stations may have to stay connected to the grid for longer. Merz made the comments at the FAZ Congress in Frankfurt, linking the move to supply security and the need to protect German industry. "We - [EDF to service Matrix Renewables’ battery in Scotland](https://gastopowerjournal.com/news/energy-storage/edf-to-service-matrix-renewables-battery-in-scotland/) - EDF has signed a long-term Battery Optimisation Agreement with Matrix Renewables for a 500MW/1GWh battery energy storage system under construction at Eccles, Scotland. Under the agreement, EDF will provide route-to-market services and optimise the battery across UK power markets once the asset becomes operational. Scheduled to begin commercial operations in summer 2027, the project will - [Asia pivots to coal, RES as Iran war reshapes LNG flows](https://gastopowerjournal.com/news/market/southeast-asia-pivots-to-coal-res-as-iran-war-reshapes-lng-flows/) - LNG’s share in the Asian power generation mix is set to plunge to merely 17% in 2026, down from 23% in the previous year as long-term importers of Qatari LNG like Thailand, the Philippines and Vietnam have been forced to prioritise coal and renewables to offset severely constraint LNG supply. The closure of the Strait - [JERA certified low-carbon H2 supplier](https://gastopowerjournal.com/news/brief-news/jera-certified-as-low-carbon-h2-supplier/) - March 27 – Japan’s largest electric utility JERA has been certified as a Supplier of Low-Carbon Hydrogen and its Derivatives, which gives the company access to funding support. By 2050, JERA aims to achieve net-zero carbon emissions by advancing hydrogen co-firing in thermal power generation. - [Philippines suspend power spot market in ‘energy emergency’](https://gastopowerjournal.com/news/market/philippines-suspend-power-spot-market-in-energy-emergency/) - The Philippines has suspended trading on the Wholesale Electricity Spot Market until further notice, citing fuel‑supply risks and price volatility linked to the Middle East tensions. The Energy Regulatory Commission (ERC) announced the temporary halt of spot electricity sales across all grids. The suspension was ordered under a presidential decree declaring a “state of national - [TTF prices to near €100/MWh if Qatari LNG halt lingers on](https://gastopowerjournal.com/news/market/ttf-prices-to-near-e100-mwh-if-qatari-lng-halt-lingers-on/) - Gas prices at the Dutch TTF, Europe’s benchmark gas trading hub, could average €90-100 per Megawatt-hour (MWh) if the shut-in of Ras Laffan and suspension of Qatari LNG shipment continues for the next three months. Should exports via the Strait of Hormuz remain suspended for that period, the front-month TTF contract could rise to around - [Ground broken on €1.5bn gas power plant Hungary](https://gastopowerjournal.com/news/projectsandfinance/ground-broken-on-e1-5bn-gas-power-plant-hungary/) - Hungary’s energy minister Csaba Lantos has broken ground on a €1.5 billion (HUF 600 billion) combined-cycle gas turbine power plant in Tiszaújváros, the largest-ever investment by state energy group MVM. The 1,000-MW facility, being built by a consortium of Italy’s Ansaldo Energia and Türkiye’s Calik Enerji, will be Hungary’s second-largest power plant after Paks nuclear - [2026 March 27](https://gastopowerjournal.com/weekly-news/2026-march-27/) - [Southeast Asia braces for LNG crunch in power sector](https://gastopowerjournal.com/news/market/southeast-asia-braces-for-lng-crunch-in-power-sector/) - Rising LNG prices are feeding through to wholesale electricity markets. To mitigate exposure, utilities in Thailand and Vietnam are shifting from purely index‑linked LNG contracts toward structures with price caps and multi‑year tenures, covering up to 80% of their projected LNG-fired power plant needs. Thailand plans to bring online more than 2 GW of LNG‑to‑power - [Vietnam urged to boost incentives for LNG-to-Power projects](https://gastopowerjournal.com/news/regulationpolicy/vietnam-urged-to-boost-incentives-for-lng-to-power-projects/) - Investors are seeking better incentives for integrated LNG and power projects in Vietnam as guaranteed electricity offtake levels are still too low to make projects break even. Developers said Power Purchase Agreements (PPAs) with 25-year tenures or a higher minimum offtake level, ideally 85–90%, would help secure predictable cash flows and attract international lenders. These - [Italian PM visits Algeria to secure more pipeline gas supplies](https://gastopowerjournal.com/news/market/italian-pm-visits-algeria-to-more-secure-pipeline-gas-supplies/) - Italy’s Prime Minister Giorgia Meloni is meeting Sonatrach executives in Algeria today to discuss additional pipeline gas supplies, after QatarEnergy informed the Italian utility Edison it cannot deliver five contracted cargoes scheduled for early April. More than 44% of Italy’s electricity is generated by gas-fired power stations – substantially more than the EU average at - [EU countries urged to begin gas storage refill early](https://gastopowerjournal.com/news/market/eu-countries-urged-to-begin-gas-storage-refill-early/) - European Energy Commissioner Dan Jørgensen has called on EU countries to begin refilling gas reserves earlier than usual to avoid last-minute pressure on the bloc’s energy security ahead of the 2026/27 heating season. Critics find the Commissioner’s appeal seems far-fetched, and may prove difficult to execute as global market struggle to come to grips with - [US-Japan investment deal to bring 10 GW new capacity to Ohio](https://gastopowerjournal.com/news/projectsandfinance/us-japan-investment-deal-to-bring-10-gw-new-capacity-to-ohio/) - A federal-private partnership is designated to bring 10 Gigawatt (GW) of new power generation to Pike Country, Ohio, as part of a broader US-Japan trade and investment framework. The agreement stipulates SB Energy to develop 9.2 GW of gas-fired generation adjacent to a 10 GW data centre complex at the Portsmouth Site, a former uranium - [GE, Hitachi invest $33bn in gas power projects](https://gastopowerjournal.com/news/brief-news/ge-hitachi-invest-33bn-in-gas-power-projects/) - March 23 – GE Vernova and Hitachi Group have decided to invest a $33 billion investment in gas power projects, with $17 billion set to fund the 4.3 GW South Mon project in Pennsylvania and a further $16 billion for the 5.2 GW gas-fired plant in Anderson County, Texas. The first of investment included a - [Trump sets Hormuz ultimatum, threatens Iran power plant strikes](https://gastopowerjournal.com/news/market/trump-sets-hormuz-ultimatum-threatens-iran-power-plant-strikes/) - U.S. President Donald Trump has demanded Iran should fully reopen the Strait of Hormuz within 48 hours or face strikes on its power plants, marking a sharp escalation in the four-weeks-old military conflict. The ultimatum, posted on Truth Social at 23:44 GMT on March 21, expires on Monday evening though observers doubt that the Iranian - [EU energy transition investment reaches $583 trillion](https://gastopowerjournal.com/news/market/eu-energy-transition-investment-reaches-583-trillion/) - Energy transition investment in the EU has risen by 19% to reach a record $583 billion last year, driven by electrification of transport, as well as investment in offshore wind and power grids, according to Bloomberg NEF findings. Spending on electricity transmission networks increased 23% year-on-year to $105 billion, as grid operators sought to accommodate - [UK gas price could double in next three months](https://gastopowerjournal.com/news/market/uk-gas-price-could-double-in-next-three-months/) - Wholesale gas prices at the UK National Balancing Point (NBP) could double to around 300 pence per therm over the next three months, while gas prices at the Dutch Title Transfer Facility (TTF) are likely to reach €120/MWh if supply shortages due to the Middle East crisis persist. "Europe is approaching the time of year - [Siemens expands US manufacturing capacity](https://gastopowerjournal.com/news/brief-news/siemens-expands-us-manufacturing-capacity/) - March 20 – Siemens is investing more than $165 million to expand US manufacturing capacity of power grids and other electrical infrastructure in the face of the rapid build-out of data centres. The latest investment builds on nearly $700 million Siemens committed over the past several years to expand electrical products facilities in Pomona, California, - [JERA to modernise Hawaii’s energy system](https://gastopowerjournal.com/news/projectsandfinance/jera-to-modernise-hawaiis-energy-system/) - Japan’s largest utility JERA has submitted a proposal to modernise Hawaii’s energy system on O‘ahu island, including a 500 MW gas‑fired power facility supported by offshore LNG import infrastructure and an FSRU. The plan is to replace ageing oil-fired power units, reduce fuel cost, and increase operational reliability. Fast-tracking renewables and energy storage is part - [MET, Centropol secure Henry Hub-linked gas supply](https://gastopowerjournal.com/news/market/met-centropol-secure-henry-hub-linked-gas-supply/) - Czech energy group Centropol is striving to protect customers against price volatility by entering a gas supply contract, linked to Henry Hub with Swiss based MET Group. “In combination with the European THE index, Henry Hub represents a quality price hedging instrument,” said Centropol’ vice chairman Zdeněk Martinec. “We view this combination as protection against - [Hanwha to acquire gas peaking power plant in ERCOT](https://gastopowerjournal.com/news/projectsandfinance/hanwha-to-acquire-gas-peaking-power-plant-in-ercot/) - The American affiliate of Hanwha Energy has agreed to acquire a simple-cycle gas peaking power plant in the Electric Reliability Council of Texas (ERCOT). With this step, the Korean utility seeks to expand is foothold in the fast-growing power market in West Texas as the AI-driven data centre build-out progresses. Hanwha’s proposed acquisition is for - [2026 March 20](https://gastopowerjournal.com/weekly-news/2026-march-20/) - [IHI demonstrates 100% NH3 combustion at F-Class turbine](https://gastopowerjournal.com/news/technologyinnovation/ihi-demonstrates-100-nh3-combustion-at-f-class-turbine/) - Japan’s IHI Corp has successfully demonstrated 100% ammonia combustion for GE Vernova’s F-Class gas turbines. Test runs used full-scale components at pressures, temperatures and flows matching full-load conditions with the aim of commercial deployment by 2030. The demonstration was conducted at IHI’s purpose-built test facility in Japan, engineered to replicate GE Vernova’s F-class gas turbine - [South Pars strikes escalate TTF prices, squeeze EU-Turkey supply](https://gastopowerjournal.com/news/market/south-pars-strikes-escalate-ttf-prices-squeeze-eu-turkey-supply/) - US-Israeli strikes on several South Pars gas processing trains near Bushehr have knocked out up to 15% of Iran's gas output from the world's largest field, propelling up TTF front-month gas prices to €54.71/MWh as traders price in heightened security of supply risks for Turkey and the EU. The attacks, confirmed by Iranian state TV, - [Kenya forges ahead with 1.2 GW gas power project near Mombasa](https://gastopowerjournal.com/news/projectsandfinance/kenya-forges-ahead-with-1-2-gw-gas-power-project-near-mombasa/) - Kenyan authorities have launched a $2.9 billion initiative to develop a gas-fired power plant near the port city of Mombasa. The 1.2 Gigawatt (GW) plant will run on imported LNG, provided it can secure attractively-priced term deliveries. The Kenyan energy minister has asked transaction advisers to design and structure the project ahead of procurement. Stated-owned - [Stargate signs first UK partnership](https://gastopowerjournal.com/news/brief-news/stargate-signs-first-uk-partnership/) - March 18 – Stargate Hydrogen, a European developer ceramic-based electrolysis technology, and Seacht Group, a UK-based engineering group, have agreed to jointly develop scalable green hydrogen and low-carbon energy projects in Britain. The clean fuel is meant to be sold to industry and for co-firing in gas power stations. - [Data center build-out slow as grid logjams bite](https://gastopowerjournal.com/news/market/data-center-build-out-slow-as-grid-logjams-bite/) - Grid bottlenecks, speculative mega-campuses and escalating fossil fuel and electricity prices have substantially slowed the speed of data center additions in the United States. Addition halved from Q3 to Q4 2025 as load-queue challenges persisted. CAPEX growth from the largest developers, including the established hyperscalers, have slowed in 2026 for the first time since 2023, - [Thailand to expedite Cheniere LNG contract](https://gastopowerjournal.com/news/market/thailand-to-increase-expedite-cheniere-lng-contract/) - Thailand’s energy minister Auttapol Rerkpiboon is in talks with Cheniere Energy to expand and expedite US LNG deliveries under an existing long-term contract with the aim of securing additional fuel for the country’s power sector. The proposed adjustment stipulates a rise in supplies from 1 mtpa to 1.3 mtpa for the contract’s remaining runtime through - [Permian Shale output stages 11% rise](https://gastopowerjournal.com/news/market/permian-shale-stages-record-rise-in-gas-production/) - The Permian Shale, spanning Texas and New Mexico, has staged an 2.7 bcf/d, or 11% rise in annual gas production – accounting for nearly half of U.S. gas production growth. Fracking in the Permian formation is driven by oil economics, with break-even prices in the Midland Basin being as low as $61 per barrel, compared - [Singapore’s energy stays ‘secure’](https://gastopowerjournal.com/news/brief-news/singapores-energy-stays-secure/) - March 16 – Singapore’s manpower minister Tan See Leng has underlined energy supply “remains secure”, given that half of the city state’s oil and gas supply is piped to Singapore and remains “unaffected” by Middle East supply disruption. To safeguard energy security, Singapore increased fuel stockpiles, sources more LNG from Australia and the US and - [South Korea lifts caps on coal-burn to reduce LNG reliance](https://gastopowerjournal.com/news/market/south-korea-lifts-caps-on-coal-burn-to-reduce-lng-reliance/) - South Korea’s ruling Democratic Party today announced the abolition of spring caps limiting coal-fired plants to 80% capacity, alongside boosting nuclear utilization to over 80% from late-60s levels. The aim is to reduce the country’s reliance on imported LNG and pre-empt supply risk from Middle East tensions. “We aim to lift coal power caps to - [France’s new PPE law favours new nuclear over renewables](https://gastopowerjournal.com/news/regulationpolicy/frances-new-ppe-law-favours-new-nuclear-over-renewables/) - France’s long-awaited multi-year energy programme (PPE) is slashing wind and solar power targets in favour of nuclear energy, with plans to build six – or possibly eight new reactors. The law also reverses a previous legal mandate to shut down 14 ageing nuclear reactors. The new energy strategy aims for 60 percent of overall energy - [Pakistan leans on local fuel sources to mitigate LNG supply risk](https://gastopowerjournal.com/news/market/pakistan-leans-on-local-fuel-sources-to-mitigate-lng-supply-risk/) - Pakistan’s diverse domestic energy mix – nuclear, coal and hydropower – is cushioning the country from the global energy price shock due to the Iran war. With nearly three-quarters of its electricity generated from local sources, Pakistan managed to mitigate the immediate fallout of halt in its contracted long-term LNG deliveries from QatarEnergies. Qatar, the - [Philippines to cap LNG-linked power prices](https://gastopowerjournal.com/news/market/philippines-to-cap-lng-linked-power-prices/) - The Philippine government is regulating electricity rates to counter the risk of LNG-linked price inflation of up to 16%, amid Middle East shipping disruptions. Energy Secretary Sharon Garin is negotiating stable coal supplies from Indonesia to facilitate fuel switching and wants to temporarily cap spot power prices. Critics warn the novel regulation will squeeze utilities’ - [Russia cashes in on halt in Middle East oil and gas production](https://gastopowerjournal.com/news/market/russia-cashes-in-on-halt-in-middle-east-oil-and-gas-production/) - With more than 12 million barrels of oil equivalent per day (boepd) of Middle East oil and gas production taken offline due to the Iran war, Russia emerges as the clear winner of global supply shortages. US President Trump’s sanctions relief for Russia’s short-term oil was meant to ease supply disruptions, but had little effect. - [Energy Aspects buys Kayrros](https://gastopowerjournal.com/news/brief-news/energy-aspects-buys-kayrros/) - March 13 – London-based market data provider Energy Aspects has bought Kayrros, a Paris-based satellite data company. This acquisition expands Energy Aspects analytics capabilities and follows the strategic integrations of OilX, INAS and TankWatch, - [Delays to Australia’s energy transition could add $75bn electricity costs](https://gastopowerjournal.com/news/market/delays-to-australias-energy-transition-could-add-75bn-electricity-costs-2/) - Wholesale electricity costs in Australia are at risk of rising by 15.7% to 21.5% through 2050, amounting to an additional cost burden of US$75.45 billion as delayed grid-build out hampers the addition of renewables and increases reliance on costly gas generation, Nexa Advisory warns. Nexa CEO Stephanie Bashir takes the view that gas should keeps - [B&W to proceed with $2.4bn AI power project](https://gastopowerjournal.com/news/projectsandfinance/bw-to-proceed-with-2-4bn-ai-power-project/) - Babcock & Wilcox (B&W) has received full notice to proceed on a $2.4 billion design-build agreement with Base Electron to deliver a 1.2 GW combined-cycle gas power capacity. The CCGT will supply electricity to Applied Digital’s AI Factory campuses. The CCGT will be powered by four 300‑MW boilers and steam turbine generator systems. B&W will - [EU buyers snap up all Yamal LNG cargoes before ban takes effect](https://gastopowerjournal.com/news/market/eu-buyers-snap-up-all-yamal-lng-cargoes-before-ban-takes-effect/) - Buyers in the EU have been snapping up all LNG from Russia’s Yamal LNG terminal they can secure, just month before a full EU ban on Russian will take effect at the start of 2027. In February, 21 cargoes delivered an estimated 1.54 mtpa of LNG from Yamal to European ports – the first time - [2026 March 13](https://gastopowerjournal.com/weekly-news/2026-march-13/) - [EU weighs gas price cap amid LNG supply disruption](https://gastopowerjournal.com/news/regulationpolicy/eu-weighs-gas-price-cap-amid-lng-supply-disruption/) - The European Commission is considering introducing gas price caps, enhanced power purchase agreements (PPA) or contracts for difference (CfD) to shield industry and households from soaring energy costs caused by the halt in Middle Eastern LNG deliveries. In a March 11 address to Parliament, European Commission President Ursula von der Leyen pointed out need to - [Uniper achieves fiscal targets, pays first dividend in four years](https://gastopowerjournal.com/news/market/uniper-achieves-fiscal-targets-pays-first-dividend-in-four-years/) - German utility Uniper has achieved its financial targets in fiscal year 2025 and will pay the first dividend to shareholders in four years, though Flexible Generation segment reached EBITDA of €596 million, which was considerably below the prior-year figure of €998 million. This downturn reflects the decommissioning of Ratcliffe power plant in the UK and - [Dutch gas reserves fall below 10%](https://gastopowerjournal.com/news/brief-news/dutch-gas-reserves-fall-below-10/) - March 11 - Gas reserves in the Netherlands' underground storage have plummeted below 10% - the lowest level for early March on record, underscoring Europe's intensifying supply pressures. According to Gas Infrastructure Europe, Dutch gas facilities in Norg, Grijpskerk, Alkmaar, Bergermeer, and Zuidwending salt caverns holding about 13 bcm capacity. - [Europe’s battery storage market grows 45% yoy to 16 GW](https://gastopowerjournal.com/news/energy-storage/europes-battery-storage-market-grows-45-yoy-to-16-gw/) - Europe's battery energy storage system (BESS) market has matured, with volumes deployed across the continent expected to grow 45% year-over-year to 16 GW in 2025. Over 500 GW of German BESS connection requests highlight the market boom – though there are grid infrastructure challenges ahead. Germany leads EU battery storage deployment with over 3.5 GW - [India pivots to coal for power gen amid Qatari LNG shortfall](https://gastopowerjournal.com/news/market/india-pivots-to-coal-for-power-gen-amid-qatari-lng-shortfall/) - Indian power generators are pivoting to thermal coal to shore up electricity supplies this summer, as firm LNG deliveries from Qatar evaporate as shipping disruptions in the Persian Gulf. Coal-fired plants are ramped up to meet peak power demand from April to June, compensating for LNG-fuelled power. A tender for 12,000 MWh of gas-fired power - [GE Vernova expands power transformer factory in Vietnam](https://gastopowerjournal.com/news/technologyinnovation/ge-vernova-expands-power-transformer-factory-in-vietnam/) - GE Vernova has decided to spend over $200 million to build a new factory in Hai Phong, Vietnam. Focussed on manufacturing large power transformers for HVDC transmission, the Hai Phong facility will be developed in phases, with full operations expected by 2028. The investment is part of a broader plan to spend $11 billion on - [Clean energy, not LNG helps Asia hedge against energy shocks](https://gastopowerjournal.com/news/market/clean-energy-not-lng-helps-asia-hedge-against-energy-shocks/) - US-Israeli air strikes against Iran has exposed Asia’s vulnerability to imported LNG and the lack of energy self-sufficiency through domestically generated clean energy. China, India, Japan and South Korea account for 75% of oil and 59% of LNG flows through the chokepoint. Tn the short term, the loss of Middle Eastern supply can be partially - [Sembcorp rebukes reports of damage to Fujairah F1 unit](https://gastopowerjournal.com/news/projectsandfinance/sembcorp-rebukes-reports-of-damage-to-fujairah-f1-unit/) - Singapore-based Sembcorp Industries has rebuked reports that its Fujairah F1 independent water and power plant (IWPP) at Qidfa, United Arab Emirates (UAE) has incurred damage from Iranian drone strikes. Authorities in Fujairah have reported fires and damage at fuel storage facilities in the Fujairah Oil Industry Zone linked to debris from intercepted Iranian projectiles or - [Seatrium to convert eight FSRUs on behalf of Karpowership](https://gastopowerjournal.com/news/projectsandfinance/seatrium-to-convert-eight-fsrus-on-behalf-of-karpowership/) - Karpowership, a Turkish barge-based power provider, has contracted Seatrium to convert eight LNG carriers into Floating Storage Regasification Units (FSRUs). Works are scheduled to start in the third quarter of 2026. The LNG carrier to FSRU conversion project, will include Karpowership’s first high-capacity FSRU, engineered to deliver a regasification capacity of up to 600 million - [ABB launches slim circuit breaker](https://gastopowerjournal.com/news/brief-news/abb-launches-slim-circuit-breaker/) - March 9 – ABB has launched what it calls the world’s slimmest 10kA electromechanical residual current circuit breaker. The new DS301C M is combines a 10kA breaking capacity with a single-module, 17.6 mm footprint, facilitating a level of protection previously only possible with larger two or three-module devices. - [Swedish electric natural gas project enters pre-FEED phase](https://gastopowerjournal.com/news/technologyinnovation/swedish-electric-natural-gas-project-enters-pre-feed-phase/) - An e-NG (electric natural gas) project at the Värö peninsula in Sweden is entering the pre-FEED phase, lead developer TES and partners Södra and OXE announced today. e-NG – a green gas, chemically identical to fossil natural gas – can be used in existing gas pipeline infrastructure without modification to help decarbonise industry and power - [G7 discusses release of emergency oil reserves](https://gastopowerjournal.com/news/market/g7-discusses-release-of-emergency-oil-reserves/) - The Group of Seven (G-7) is today discussing a joint release of oil from emergency reserves, coordinated by the International Energy Agency (IEA). The move comes as oil prices skyrocketed more than 25% today (March 9) amid fears of a prolonged halt in shipping through the Strait of Homuz, which could cause severe oil and - [Fresh calls for ‘fuel price break’ in Germany](https://gastopowerjournal.com/news/market/fresh-calls-for-fuel-price-break-in-germany/) - Germany’s Conservative Party (CDU) and parts of the Free Democrats (FDP) have voiced fresh calls for a ‘fuel price break’ to help energy-intensive industry and thermal power produces cope with the global oil and gas price shock in the wake of the Iran war. The “fuel price brake” was first introduced by Germany’s previous government - [Siemens Energy shares rebound](https://gastopowerjournal.com/news/brief-news/siemens-energy-shares-rebound/) - March 6 – Bank of America has raised its price target for Siemens Energy from €200 to €220. This helped shares rebound after stark price swings in recent days. - [Rising gas production in Brazil, Argentina to reshape regional dynamics](https://gastopowerjournal.com/news/market/rising-gas-production-in-brazil-argentina-to-reshape-regional-dynamics/) - Southern cone gas supply dynamics will be reshaped over the next ten years by rising production in Brazil and Argentina as well as dwindling output from Bolivian fields. The region’s four key countries plan to invest $46 billion through 2033, making Brazil almost self-sufficient while Argentina could account for 72% of forecast spending – despite - [SEFE secures Argentina LNG, bolsters gas supply for power gen](https://gastopowerjournal.com/news/market/sefe-secures-argentina-lng-bolsters-gas-supply-for-power-gen/) - Securing Energy for Europe (SEFE) has signed an 8-years sales and purchase agreement (SPA) with Argentina’s Southern Energy for 2 mtpa of LNG, bolstering steady gas supply for power generation in Germany. Deliveries are slated to start in late 2027. The deal, totalling 16 mtpa over the contract term, marks Argentina’s first long-term LNG export - [2026 March 6](https://gastopowerjournal.com/weekly-news/2026-march-6/) - [Power constraints start slowing Texas’ data center market](https://gastopowerjournal.com/news/market/power-constraints-start-slowing-texas-data-center-market/) - Texas’ rapidly expanding data center market is entering a phase of growing project execution risk. Austin’s growth is slowing amid electricity constraints while slower delivery timelines, and greater scarcity of land for mega campuses put a lid on project developers’ continued success. West Texas has become the new frontier for power dense AI training campuses, - [Vopak delays FID on South Africa LNG terminal to 2028](https://gastopowerjournal.com/news/projectsandfinance/vopak-delays-fid-on-south-africa-lng-terminal-to-2028/) - Dutch terminal operator Vopak has delayed its final investment decision (FID) on South Africa’s first LNG import facility until the first quarter of 2028. The decision follows a court order, halting state utility Eskom’s plans for a 3,000 MW LNG-fuelled power plant at Richards Bay. Developers of the Richards Bay facility initially sought to import - [Rampant LNG feedgas demand impacts US power gen economics](https://gastopowerjournal.com/news/market/rampant-lng-feedgas-demand-impacts-us-power-gen-economics/) - Soaring LNG feedgas demand is transforming the US pipeline landscape, with ripple effects felt by the domestic power sector. According to the EIA’s latest Natural Gas Pipeline Projects Tracker, roughly 6.3 billion cubic feet per day (Bcf/d) of new gas transport capacity came online recently, mostly to move shale gas to the US Gulf coast - [Nuclear restart in Japan displaces LNG-fuelled generation](https://gastopowerjournal.com/news/market/nuclear-restart-in-japan-displaces-lng-fuelled-generation/) - Restart of Unit 6 in Japan’s largest nuclear power station is bound to displace LNG-fuelled power units at a time of escalating gas prices. With 1,356 MW installed capacity, Kashiwazaki-Kariwa Unit 6 could displace about 1.3 million tons of imported LNG. The timeline of the nuclear ramp-up is being accelerated as the operator Tokyo Electric - [Aggreko secures UK contract](https://gastopowerjournal.com/news/brief-news/aggreko-secures-uk-contract/) - March 4 - Power rental specialist Aggreko has won a multimillion-pound contract to supply temporary natural gas-fired generation in the UK. Alan Dunne, Aggreko's Director of Gas Solutions, said the deployment aligns with net-zero aspirations by displacing diesel and enabling renewables curtailment avoidance, even as gas prices hover near 2026 averages of £60/MWh - [Siemens to splash out €200m to build smart factory in Amberg](https://gastopowerjournal.com/news/projectsandfinance/siemens-to-splash-out-e200m-to-build-smart-factory-in-amberg/) - Siemens will spend over €200 million to build an AI-based, digitalised and automated factory in Amberg by 2030. The aim is to not only make operations more efficient and more sustainable, but also more flexible. Digital twin technology is used to design the new building, Siemens plans to bring some 2,400 people from Smart Infrastructure, - [TTF soars though continued price spiral ‘unlikely’](https://gastopowerjournal.com/news/market/ttf-soars-though-continued-price-spiral-unlikely/) - Despite a 52% surge at Europe’s benchmark TTF gas trading hub due to the escalating Iran conflict, analysts expect price-sensitive Asian buyers will bear the brunt of supply constraints – rather than premium markets like Europe that are willing to bid aggressively for cargoes. With Qatari LNG entire liquefaction capacity of 77 mtpa halted and - [TotalEnergies taps Alaska LNG to fuel Asian gas power growth](https://gastopowerjournal.com/news/market/totalenergies-taps-alaska-lng-to-fuel-asian-gas-power-growth/) - TotalEnergies has signed a letter of intent (LoI) with Glenfarne, the lead developer of Alaska LNG, covering 2 mtpa of LNG for 20 years. If realized, the Alaska LNG supply could bolster security for Asian downstream power generation markets increasingly exposed to volatile spot prices. Utilities in Japan, South Korea and Southeast Asian economies have - [Iran strikes black out AWS data centers in Gulf region](https://gastopowerjournal.com/news/market/iran-strikes-black-out-aws-data-centers-in-gulf-region/) - Amazon Web Services (AWS) data centers in Bahrain and the United Arab Emirates (UAE) have faced severe electricity and connectivity disruptions on Monday, amid Iranian retaliatory air strikes across the Gulf region. The power outages hit two AWS availability zones in the UAE as well as in Bahrain. Eager to rain in the impact, AWS - [Malakoff secures 2nd batch of Mitsubishi turbines for Malay CCGT](https://gastopowerjournal.com/news/projectsandfinance/malakoff-secures-2nd-batch-of-mitsubishi-turbines-for-malay-ccgt/) - Malakoff Corp, Malaysia's largest independent power producer (IPP), has signed a second reservation agreement with Mitsubishi Power for two M701JAC gas turbines and generators. The equipment is designated for a new 1,400 MW combined-cycle power plant in Malaysia’s northern region. The deal is similar to an October 2025 reservation for two turbines for a 1,400 - [Stargate makes foray into UK hydrogen market](https://gastopowerjournal.com/news/brief-news/stargate-makes-foray-into-uk-hydrogen-market/) - March 2 – Stargate Hydrogen is entering the British market through a partnership with Seacht Group a UK-based energy and engineering group. Together, the companies want to win tenders and realise green hydrogen projects across the UK. - [Iraq's power sector hit by halt in Iranian gas supply](https://gastopowerjournal.com/news/market/iraq-faces-power-outages-amid-sharp-decline-in-iranian-gas-supply/) - A near-halt in Iranian gas exports to neighbouring Iraq has left the country with an electricity shortfall of 4,500 MW. Natural gas imports from Iran fell from the contractually agreed 55 million cubic meters per day (mcm/d) to less than 10 mcm/d, leaving many Iraqi gas-fired power plants unable to operate. Fuel oil can be - [Iran goes dark – electricity blackout, internet closure](https://gastopowerjournal.com/news/market/iran-goes-dark-electricity-blackout-internet-closure/) - Iran has been plunged into an internet blackout with electricity rationing after Israel and the US launched air strikes around the country on Saturday. Iran relies heavily on natural gas for power generation, and current strikes are more extensive than Israel’s previous targeted attack. US President Donald Trump claims the Iranian regime has instated the - [Rampant load growth makes DOE delay coal power retirements](https://gastopowerjournal.com/news/regulationpolicy/rampant-load-growth-makes-doe-delay-coal-power-retirements/) - The U.S. Department of Energy (DOE) has extended the operations of several coal-fired power plants to meet rampant load growth from AI data centres as gas-fuelled capacity additions cannot keep pace. Only 2.6 GW out of an anticipated 8.0 GW of coal power capacity were retired because the regulator seeks to safeguard grid stability. Retirements - [Grey hydrogen  – a new revenue stream for Gazprom?](https://gastopowerjournal.com/news/market/gazprom-to-develop-grey-hydrogen-projects-in-russia-eyes-exports-to-eu/) - Gas steam reforming could become a revenue stream for Gazprom – if it manages to sell hydrogen to the EU or China. Grey hydrogen currently costs $1-1.80 per kilogram to produce, far less than the $2.50-6.80/kg for green hydrogen. The Russian Academy of Sciences (RAS) is researching novel technology to produce grey hydrogen through steam - [2026 February 27](https://gastopowerjournal.com/weekly-news/2026-february-27/) - [INNIO buys Enerflex APAC operations](https://gastopowerjournal.com/news/brief-news/innio-buys-enerflex-apac-operations/) - Feb 26 – Jenbach, Austria-based, INNIO Group has agreed to acquire Enerflex’s aftermarket business operations in Asia Pacific, focussing on Australia, Thailand and Indonesia. The transaction is expected to close during the second half of 2026. - [Turning high-rise buildings into batteries](https://gastopowerjournal.com/news/energy-storage/turning-high-rise-buildings-into-batteries/) - Rapid renewables built-out requires rising volumes of energy storage, hence IIASA researchers propose a novel gravitational-based solution that uses lifts in tall buildings. The idea is to store energy by lifting wet sand containers which are transported remotely in and out of a lift – though the challenge for making gravity energy storage viable is - [NRG excels 2025 guidance, doubles generation capacity](https://gastopowerjournal.com/news/market/nrg-excels-2025-guidance-doubles-generation-capacity/) - Houston-based NRG Energy has reported stellar full-year 2025 results, exceeding its financial guidance with cash from operations at $1.9 billion and adjusted net income hit $1.6 billion, fuelled by strong Texas margins. CEO Larry Coben highlighted the "power demand supercycle," crediting expansions for enhanced customer resilience. NRG extended its 14%+ adjusted earnings per share (EPS) - [Hitachi to incorporate Pakal’s silicon power switch](https://gastopowerjournal.com/news/technologyinnovation/hitachi-to-incorporate-pakals-silicon-power-switch/) - Hitachi Energy is collaborating with Pakal Technologies, a Silicon Valley-based start-up, on the design of silicon power semiconductor. Thyristor, Pakal’ insulated gate turn-off, silicon power switch will be integrated into Hitachi’s power modules for ≥3.3 kV applications. Semiconductors are vital for the functionality of modern power grids. Analysts hence expect the Hitachi and Pakel tie-up - [Flexibility technologies could save £70bn in UK energy costs](https://gastopowerjournal.com/news/market/flexibility-technologies-could-save-70bn-in-uk-energy-costs/) - Nuclear and renewables play complementary roles and could help lower UK energy system costs by at least £70 billion by 2050. According to Energy Systems Catapult, the market for flexibility in Europe could reach €12 billion a year. In a scenario with no new nuclear capacity, modelling shows additional investments of around 10 GW of - [US developers plan to add over 6 GW of gas power capacity](https://gastopowerjournal.com/news/market/us-developers-plan-to-add-over-6-gw-of-gas-power-capacity/) - Developers in the United States plan to bring 6.3 gigawatts (GW) of new natural gas-fired generation capacity online in 2026. According to the Energy Information Administration (EIA), the bulk of this new capacity – more than 80% – is slated for development across Texas, Oklahoma, Ohio, Tennessee and Florida, where strong electricity demand growth and - [UK gas prices could drop 30% on oversupply](https://gastopowerjournal.com/news/market/uk-gas-prices-could-drop-30-on-oversupply/) - The largest threat to UK gas markets this year is not another supply shock, but falling prices. “UK wholesale gas prices are set to drop 15–30% this year,” Bloomberg Intelligence analyst Joao Martins said, noting that gas consumption for power generation continues to decline structurally as renewables displace gas-fired plants. The retreat of falling prices - [US utility orders 24 Wärtsilä engines](https://gastopowerjournal.com/news/projectsandfinance/investor-owned-us-utility-orders-24-wartsila-engines/) - Feb 23 – An American power plant, operated by an investor-owned utility, will be retrofitted with 24 Wärtsilä 50SG engines delivering an output of just under 430 MW. Delivery of the engines will be fast-tracked with a view to get the project into commercial operation by late 2028, or early 2029. 50SG engines can respond fast - [13 US states take Trump administration to court over energy grants](https://gastopowerjournal.com/news/regulationpolicy/13-us-states-take-trump-administration-to-court-over-h2-hubs/) - California, Washington and 11 other US states have sued the Trump administration to force Department of Energy (DoE) to reinstate $7.56 billion in cancelled clean energy grants. At the center of the suit are two large renewable-powered hydrogen hubs which together had secured around $2.2 billion in federal backing: California’s ARCHES hydrogen hub, slated to - [Egypt slashes LNG imports amid lower gas-burn](https://gastopowerjournal.com/news/market/egypt-slashes-lng-imports-amid-lower-gas-burn/) - Egypt’s Petroleum Ministry has agreed with LNG suppliers to reduce imports by over 37%, exercising contractual downward quantity tolerances, in response to lower gas-burn in the power sector and rising local production. The ministry had anticipated gas consumption to average 6.4 billion cubic feet per day (bcf/d) in February, but actual demand has slipped to - [Uniper to supply LNG to India from January 2028](https://gastopowerjournal.com/news/market/uniper-to-supply-lng-to-india-from-january-2028/) - Uniper has agreed to supply up to 0.5 mtpa of LNG to India’s Gujarat State Petroleum Corp (GSPC) over ten years starting January 2028. Most of the delivered LNG is earmarked for power generation. Cargoes will be shipped to LNG terminals on India's west coast, including Dahej and Mundra. At these two LNG terminals, GSPC - [Ansaldo to supply synchronous condenser for UK grid project](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-to-supply-synchronous-condenser-for-uk-grid-project/) - Ansaldo Energia has been awarded a contract by TKS UK to supply a synchronous condenser for Statkraft’s Necton Greener Grid Park in Norfolk, as part of a grid stability project. Necton Greener Grid Park – a project initiated in 2022 under the National Energy System Operator’s Stability Pathfinder Programme – aims to maintain system stability - [Siemens Energy posts strong Q1 earnings](https://gastopowerjournal.com/news/brief-news/siemens-energy-posts-strong-q1-earnings/) - Feb 12 – Siemens Energy has posted a 12.8% increase in revenue to €9.7 billion in its first quarter 2026 results in what CEO Christian Bruch describes as “a very strong start to the financial year.” Profits increased primarily due to improvements at Siemens Gamesa and Grid Technologies. - [Siemens Smart Infrastructure cashes in on data center demand](https://gastopowerjournal.com/news/market/siemens-smart-infrastructure-cashes-in-on-data-center-demand/) - Siemens AG has reported strong first quarter 2026 results, with orders intake at €21.4 billion – a 10% rise quarter-on-quarter. Smart Infrastructure earnings reached a quarterly record of €7.2 billion, fuelled by strong equipment order intake from U.S. data centres. Rising electricity consumption from cloud computing and artificial intelligence workloads continues to drive infrastructure upgrades - [OEUK urges Scottish unity for offshore energy sector](https://gastopowerjournal.com/news/regulationpolicy/scottish-parties-urged-to-unite-behind-offshore-energy/) - Ahead of Scotland's upcoming parliamentary election in May 2026, Offshore Energies UK urges all political parties to unite behind the offshore energy sector. Otherwise, Britain could “risk losing both secure homegrown energy” and the wider industrial base that depends on it. Despite Scotland’s world-class offshore oil, gas and wind energy resources, the UK imported over - [2026 February 13](https://gastopowerjournal.com/weekly-news/2026-february-13/) - [BKR Frame 5 turbines to power data centres in Georgia, Texas](https://gastopowerjournal.com/news/projectsandfinance/bkr-frame-5-turbines-to-power-data-centres-in-georgia-texas/) - Baker Hughes (BKR) has won an order from Twenty20 Energy to supply ten Frame 5 gas turbines and associated generators with 250 MW capacity combined. Initial deliveries are due in 2027, with the turbines designated for data center projects in Georgia and Texas. The order is part of a wider agreement whereby Baker Hughes will - [Rolls-Royce launches modular gas engine plant at E-world](https://gastopowerjournal.com/news/technologyinnovation/rolls-royce-launches-modular-gas-engine-plant-at-e-world/) - British engine maker Rolls-Royce has launched a modular gas engine solution capable of delivering up to 300 MW of electricity per site at the E-world trade show in Essen. The pre-fabricated modules are rated at 10, 20 and 30 MW each, with grid connection possible within 12 to 18 months of order. Fast, modular gas - [UK auction delivers solar at half the cost of gas power](https://gastopowerjournal.com/news/regulationpolicy/uk-auction-delivers-solar-at-half-the-cost-of-gas-power/) - Today’s largest ever clean energy auction in the UK has delivered 4.9 GW of new solar power capacity at a price of £65.23/MWh – under half the £147/MWh cost of building and operating new gas-fired power stations. Taken together with offshore wind results, the government secures 14.7 GW of clean, homegrown power enough to power - [Siemens Energy launches Noedra – 'the Mind of the Grid'](https://gastopowerjournal.com/news/regulationpolicy/siemens-energy-launches-noedra-the-mind-of-the-grid/) - Siemens Energy has launched Noedra – describing it as 'the Mind of the Grid' – at the DistribuTECH 2026 trade show in San Diego, California. The application provides a DigitalTwin of the electricity grid, allowing TSOs to monitor power flows, inspect transmission lines and substations using robotics and enhance cybersecurity. Noedra shifts the role of - [Vietnam awards $1bn contract for LNG-to-Power project](https://gastopowerjournal.com/news/projectsandfinance/vietnam-awards-1bn-contract-for-lng-to-power-project/) - State-run Electricity of Vietnam (EVN) has awarded a contract worth nearly $1 billion to a consortium led by PowerChina and Lilama Corp for the construction of the Quang Trach II LNG-fuelled power plant. Situated in the central province of Quang Tri, the plant will have a total installed capacity of 1,612 MW. Under the EPC - [InterGen’s Coryton plant gets GT26 turbine upgrade](https://gastopowerjournal.com/news/projectsandfinance/intergens-coryton-plant-gets-gt26-turbine-upgrade/) - GE Vernova has completed upgrades on two GT26 gas turbines at InterGen's Coryton power plant in the UK. The project delivered 85 MW of additional capacity and a 2.46% efficiency gain. The upgrade utilized technology breakthroughs across gas turbine, compressor and combustor which not only allow the turbine to generate more electricity more efficiently. It - [Taiwan’s CPC aims to more than triple US LNG purchases](https://gastopowerjournal.com/news/market/taiwans-cpc-aims-to-more-than-triple-us-lng-purchases/) - Taiwan’s state-run CPC Corporation plans to increase US LNG imports to 30-33% of its total supply in 2026, more than triple the 10% recorded last year. The move is part of a bilateral trade agreement, requiring Taipei to reduce the island nation’s $111 billion trade surplus with the United States. CPC chairman Fang Jeng-zen announced - [Google’s Texas data center to be powered by 1 GW solar power](https://gastopowerjournal.com/news/projectsandfinance/googles-texas-data-center-to-be-powered-by-1-gw-solar-power/) - Google has signed two 15-year power purchase agreements (PPAs) to receive 1 GW of solar energy from TotalEnergies for its data centers in Texas. Turning solar power into a firm, long-term energy source for Big Data, is bound to curb incremental demand for gas-fired generation in ERCOT. By directly underwriting utility‑scale solar additions in Texas, - [Ansaldo Energia inaugurates Milan offices](https://gastopowerjournal.com/news/market/ansaldo-energia-inaugurates-milan-offices/) - Ansaldo Energia has opened a new office in Milan’s Rho-Fiera district where its is looking to recruit technical and management executives. The new hub in Italy’s financial capital Milan is meant to improve Ansaldo’s proximity to major clients and deepen collaborations with universities, banks and industrial partners. The Genoa-based turbine and power gen equipment maker - [ADNOC works with RWE on term LNG supply to Germany and EU](https://gastopowerjournal.com/news/market/adnoc-works-with-rwe-on-term-lng-supply-to-germany-and-eu/) - Abu Dhabi National Oil Company (ADNOC) has agreed to work with Germany’s largest utility RWE on delivering up to 1 mtpa of LNG for up to 10 years to Germany and other European markets. The envisaged volume corresponds to up to 12 cargoes of LNG and up to 1.4 bcm of natural gas per year, - [German TSO revise grid access rules for large consumers](https://gastopowerjournal.com/news/regulationpolicy/german-tso-revise-grid-access-rules-for-large-consumers/) - Germany’s four transmission system operators (TSOs) – Amprion, TenneT, TransnetBW and 50Hertz – have agreed to overhaul how they allocate scarce grid capacity for large electricity consumers. From April 1, projects deemed “ready for implementation” will be prioritised over those first in the queue. “Over the past two years, the first-come, first-served principle has led - [NRG completes LS Power takeover](https://gastopowerjournal.com/news/brief-news/nrg-completes-ls-power-takeover/) - Feb 9 – NRG Energy has completed the purchase of 18 gas-fired plant from LS Power with a combined capacity of around 13 GW. The deal also comprises LS Power’s virtual power plant (VPP) platform. - [2026 February 6](https://gastopowerjournal.com/weekly-news/2026-february-6/) - [TotalEnergies to supply 3.3 TWh baseload green power to Airbus](https://gastopowerjournal.com/news/market/totalenergies-to-supply-3-3-twh-baseload-green-power-to-airbus/) - TotalEnergies has agreed to supply 3.3 TerraWatt-hours (TWh) of baseload renewable electricity to Airbus sites in Germany and the UK, starting from 2027. The companies said the contracted volumes would meet about half of the facilities’ total electricity demand over the next decade, sourced from over 200 MW of renewable capacity combined. In Germany, the - [Indonesia looks to gas as coal exit efforts stall](https://gastopowerjournal.com/news/market/indonesia-looks-to-gas-as-coal-exit-efforts-stall/) - Indonesia is increasingly turning to gas-fired power generation as delays undermine international efforts to accelerate coal plant retirements. The shift follows the government’s decision in late 2025 to cancel early retirement of the 660 MW Cirebon-1 coal power plant, the Institute for Energy Economics and Analysis (IEEA) finds. The cancellation of the Cirebon-1 shutdown has - [Wärtsilä wins contract extension from Musandam IPP](https://gastopowerjournal.com/news/projectsandfinance/wartsila-extends-om-deal-with-oman-ipp/) - Musandam Power Company of Oman, an independent power producer (IPP) has extended an operation and maintenance agreement with Wärtsilä for another seven years. The extension builds on eight years of continuous service at the Musandam power plant, which operates with 15 Wärtsilä 34DF dual-fuel engines and delivers a net electricity output of 120 MW. The - [Wärtsilä divests Water & Waste arm](https://gastopowerjournal.com/news/brief-news/wartsila-divests-water-waste-arm/) - Feb 6 – Finish maritime and energy engineering firm Wärtsilä has agreed to divest its Water & Waste business to the Swedish investment company Solix Group AB for an undisclosed amount. In 2025, the revenue of Water & Waste was €54 million. - [GE powers Tenova’s electric arc furnance at Japanese steel work](https://gastopowerjournal.com/news/projectsandfinance/ge-powers-tenovas-electric-arc-furnance-at-japanese-steel-work/) - GE Vernova will supply its direct feed power system for a Consteel electric arc furnace (EAF), delivered by Tenova to Nippon Steel in Japan. Once operational, the new furnace will become the world’s most powerful EAF, featuring a heat size of 340 tons. The installation at Kyushu Works, Japan, marks a major technological leap for the - [Ansaldo Nucleare gets RINA certification](https://gastopowerjournal.com/news/technologyinnovation/ansaldo-nucleare-get-rina-certification/) - Genoa-based classification society RINA has awarded Ansaldo Nucleare the ISO 19443:2018 certification, testifying all processes run reliably, safe and consistent. As part of the assessment, RINA examined Ansaldo Nucleare’s main business processes, including sales, engineering, supply chain, quality, and project management. Daniela Gentile, CEO of Ansaldo Nucleare said the certification is poised to “strengthen the - [Siemens Energy ramps up grid, gas turbine making in the US](https://gastopowerjournal.com/news/technologyinnovation/siemens-energy-ramps-up-grid-gas-turbine-making-in-the-us/) - Siemens Energy has finalised investment plans to spend $1 billion to ramp up manufacturing of grid and gas turbines in the United States, where data centres and industrial electrification drives growth. Targeted site expansions are planned across North Carolina, Alabama, New York, Texas and Florida; in addition, a new switchgear plant will be built in - [GE Vernova launches GridBeats to automise substations](https://gastopowerjournal.com/news/technologyinnovation/ge-vernova-launches-gridbeats-to-automise-substations/) - GE Vernova has launched GridBeats APS to help utilities modernize substations and expand their capacity and operational security as power grids evolve. It functions as a single platform by consolidating protection, control, communications, and cybersecurity functions into “as few as ten units” while maintaining system performance. Protection and control systems detect faults, isolate affected sections, - [US day-ahead power prices rise in line with gas prices](https://gastopowerjournal.com/news/market/us-day-ahead-power-prices-rise-in-line-with-gas-prices/) - Day-ahead electricity prices at most US trading hubs are driven up by higher natural gas prices, with the largest increase of $29 per MWh seen in New England’s Independent System Operator (ISO-NE). Gas prices set the marginal price of electricity during most hours in US regional markets. Electricity generation in the Lower 48 states increased - [Abuja gas power plant advances](https://gastopowerjournal.com/news/brief-news/abuja-gas-power-plant-advances/) - Feb 3 – Nigeria’s national grid operator has reported progress on the 350 MW Abuja gas-fired power plant. Developed by NNPC, the plant supports the government’s aim to increase dispatchable, grid-connected power gen capacity to 8,500 MW by the end of 2026. - [Philippine regulator extends Meralco-First Gas PPA until June](https://gastopowerjournal.com/news/regulationpolicy/philippine-regulator-extends-meralco-first-gas-ppa-until-june/) - The Energy Regulatory Commission (ERC) of the Philippines has approved a five-month expansion of Meralco’s power purchase agreement (PPA) with First Gas Power Corp. The deal secures 1,000 MW of electricity supply from the Sta.Rita gas power plant in Batangas until June 25. The regulator’s ruling extends the PPA from February 1 for five months, preserving - [Indonesia’s captive coal power expansion threatens gas growth](https://gastopowerjournal.com/news/market/indonesias-captive-coal-power-expansion-threatens-gas-growth/) - Indonesia’s rapid expansion of captive coal power capacity could undermine the role of gas-fired generation and slow prospective LNG import growth, analysis from the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) finds. Captive coal plants – units built to power industrial operations rather than the national grid – now - [Egypt accelerates nuclear build-out to lower reliance on gas power](https://gastopowerjournal.com/news/market/egypt-accelerates-nuclear-build-out-to-lower-reliance-on-gas-power/) - Egypt is accelerating construction work on the El Dabaa nuclear power plant to rebalance a power mix dominated by natural gas and reduce exposure to volatile fuel prices for imported LNG. Eager to bring new nuclear capacity onstream, Electricity and Renewable Energy Minister Mahmoud Esmat said on Sunday that Egypt is working with Russian partners - [Advanced grid monitoring](https://gastopowerjournal.com/news/brief-news/advanced-grid-monitoring/) - Feb 2 – Ampacion and AP Sensing have teamed up to develop and deliver solutions for overhead power line monitoring and capacity optimization. The two partners are combining complementary technologies to enable real-time condition monitoring and dynamic line rating. - [Gov. Shapiro urges PJM to extend electricity ‘price collar’](https://gastopowerjournal.com/news/market/gov-shapiro-urges-pjm-to-extend-electricity-price-collar/) - Pennsylvania Governor Josh Shapiro has urged PJM Interconnection to extend the price floor and ceiling – known as the ‘price collar’ – for the 2028/29 and 2029/30 capacity auctions, amid PJM’s ongoing holistic market review. As the largest US power market operator, PJM sought public feedback on continuing the collar, instated in previous auctions in - [EWC erases debt to advance Pagbilao LNG & Power project](https://gastopowerjournal.com/news/projectsandfinance/ewc-erases-debt-to-advance-pagbilao-lng-power-project/) - Energy World Corporation (EWC) has strengthened its balance sheet by converting $434 million of debt into equity, erasing the group's external debt to push forward its proposed 3 mtpa Pagbilao LNG regas terminal and integrated power project. Throughout December, EWC advanced technical and financial preparations to prepare for a project-level debt raising. This included successful - [RWE CEO urges German gov’ to speed up gas power plant auctions](https://gastopowerjournal.com/news/market/rwe-ceo-urges-german-gov-to-speed-up-ccgt-auction/) - German utility RWE has called on the government to speedily set up auctions for the construction of new gas-fired power plants. It would be "a major disappointment,” according to CEO Markus Krebber, if the government does not manage to award construction contracts to developers before the end of this autumn. Krebber urged the German coalition - [Investor-owned US utility orders 24 Wärtsilä 50SG engines](https://gastopowerjournal.com/news/projectsandfinance/investor-owned-us-utility-orders-24-wartsila-50sg-engines/) - An investor-owned US utility has ordered 24 Wärtsilä 50SG engines to supply 429 MW of electricity-on-demand for a large data center. The decentralised power plant will be located in the United States, though further details on the site and utility owner were not disclosed. According to Wärtsilä, the project reflects rising pressure on U.S. power - [2026 January 30](https://gastopowerjournal.com/weekly-news/2026-january-30/) - [Mitsubishi upgrades CCGT in Kent](https://gastopowerjournal.com/news/brief-news/mitsubishi-upgrades-ccgt-in-kent/) - Jan 29 – Mitsubishi Power, part of MHI, has competed a reliability upgrade at the 812 MW Damhead Creek Power Station in England. The combined-cycle gas turbine (CCGT) plant, situtated on the Hoo Peninsula in Kent, is owned and operated by VPI. - [JERA ships first LNG from Barossa to Japan for power gen](https://gastopowerjournal.com/news/market/jera-ships-first-lng-from-barossa-to-japan-for-power-gen/) - JERA has shipped the inaugural LNG cargo from Australia’s Barossa gas project to its Japanese home market, where the utility burns regasified LNG to produce electricity for over 50 million customers. JERA secured roughly 425,000 tonnes per year of LNG in the project via its 12.5% equity stake, with the gas shipped to Japan to - [Capstone secures first C1000 microturbine order in Brazil](https://gastopowerjournal.com/news/projectsandfinance/capstone-secures-first-c1000-microturbine-order-in-brazil/) - Capstone Green Energy has won an order for a C1000 microturbine to provide on-site power at a natural gas compression station in Brazil. This marks Capstone’s first microturbine contract in the country, with delivery scheduled for February 2026 and commissioning planned for summer 2026. The order was secured through Capstone’s authorized distributor in Brazil, Fluxo - [Pacifico gets 7.65 GW powergen permit for GW Ranch project](https://gastopowerjournal.com/news/regulationpolicy/pacifico-gets-7-65-gw-powergen-permit-for-gw-ranch-project/) - GW Ranch – a private grid powergen campus in West Texas – has received an air permit for up to 7.65 Gigwatt of gas-fired powergen capacity at GW Ranch. Developed by Pacifico Energy, the project will link multiple gas turbines with 1.8 GW of battery energy storage and 750 MWac of solar power. The massive - [New York private equity firm buys turbine field service provider](https://gastopowerjournal.com/news/market/new-york-private-equity-firm-buys-turbine-field-service-provider/) - JLL Partner, a New York-based private equity firm has acquired PowerParts Group (PPG), an aftermarket provider of gas and steam turbines for an undisclosed amount. Kevin Hammound, JLL’ Managing Partner called the deal a “strategic acquisition” building on the firm’s strategy to “sponsor growth for highly engineered component suppliers into critical end-markets.” Founded in 2020, - [US gas freeze-offs add to 'deliverability issues’ in Q1-2026](https://gastopowerjournal.com/news/market/us-gas-freeze-offs-add-to-deliverability-issues-in-q1-2026/) - Natural gas freeze-offs reached a single-day high of 17 billion cubic feet (bcf) earlier this week – close to the record 18 bcf seen during the 2021 Winter Storm Uri – as an intense Arctic weather system sweeps across the US. According to Wood Mackenzie, the cumulative freeze-off for winter 2025/26 has now reached 58.3 - [US freeze-offs at record levels](https://gastopowerjournal.com/news/brief-news/us-freeze-offs-at-record-levels/) - Jan 27 – Natural gas freeze-offs reached a single-day high of 17 billion cubic feet (bcf) overnight going into Monday this week – close to the record 18 bcf seen during Winter Storm Uri – as an intense Arctic weather system sweeps across the US. According to Wood Mackenzie, the cumulative freeze-off for the 2025-2026 - [US power prices soar as New England grid buckles under storm](https://gastopowerjournal.com/news/market/power-prices-spike-as-new-england-grid-buckles-under-storm/) - In ISO-New England territory, real-time electricity prices spiked to US$1,250 per Megawatt-hour (MWh) as demand outpaced forecasts by over 3%, forcing operators to ramp up rarely used oil reserves. As of 3:17 p.m. EST on Monday, New England power plants generated 35% of electricity from oil-fired units – a sharp rise from near-zero while wholesale - [Morgan Stanley begins physical power trading in Japan](https://gastopowerjournal.com/news/market/morgan-stanley-begins-physical-power-trading-in-japan/) - Morgan Stanley is set to begin trading physical power contracts in Japan. The US investment bank has designated an executive to hire and lead personnel as it seeks to reap profits from trading and hedging physical LNG and power contracts in the volatile Japanese market. Gaining access to Japan’s traded wholesale power market will give - [Rising coal-burn overshadows Southeast Asia’s energy transition](https://gastopowerjournal.com/news/market/rising-coal-burn-overshadows-southeast-asias-energy-transition/) - Across Southeast Asia, burning coal for power generation is rising faster than anywhere in the world and this trend is undermining Just Energy Transition Partnerships (JETPs) in Indonesia and Vietnam. Bangladesh, in contrast, rapidly expanded its regasification infrastructure and is on course to overtake Pakistan as an LNG importer by 2035. Indonesia needs an estimated - [SEC signs PPA for Rabigh power plant](https://gastopowerjournal.com/news/brief-news/sec-signs-ppa-for-rabigh-power-plant/) - Jan 26 – The Saudi Electricity Company (SEC) has signed a $1.4 billion offtake agreement for the Rabigh power plant. The power purchase agreement (PPA) supports reliable electricity supply in the western region of the Saudi Kingdom and aligns with Vision 2030 goals to strengthen security of energy supply while decarbonising the power generation mix. - [Winter storm Fern to trigger fresh price spike at Henry Hub](https://gastopowerjournal.com/news/market/winter-storm-fern-impacts-henry-hub-prices/) - Daily spot prices at Henry Hub are set to soar as the impact of winter storm Fern has caused power outages and freeze-offs across central and southern parts of the United States The US National Oceanic and Atmospheric Administration is warning of “dangerous wind chills and widespread subfreezing conditions” – a perfect recipe for heightened - [Solar-plus-storage project to redefine baseload power in the UAE](https://gastopowerjournal.com/news/market/solar-plus-storage-project-to-redefine-baseload-power-in-the-uae/) - A massive solar-plus-storage project, capable of supplying 1 GW of continuous baseload power, is heralding a shift in the United Arab Emirates' (UAE) power mix – despite high upfront capital costs. The 5.2 GW solar plus 19 GWh BESS project, under development by Masdar and EWEC, will be the world’s first Gigawatt-scale renewable project delivering around-the-clock baseload - [China’s former vice finance minister takes the helm at AIIB](https://gastopowerjournal.com/news/market/chinas-former-vice-finance-minister-takes-the-helm-at-aiib/) - The Asian Infrastructure Investment Bank (AIIB) is moving closer to China’s political center of power. The bank is now led by Zou Jiayi, China’s former Vice Minister of Finance, who took the reins from AIIB’s first president, Jin Liqun. Since its founding, China’s Ministry of Finance has served as the bank’s supervisory authority. But while - [Utilities in New York State, Maine brace for winter storm Fern](https://gastopowerjournal.com/news/market/utilities-in-new-york-state-maine-brace-for-winter-storm-fern/) - New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), Central Maine Power (CMP) and United Illuminating (UI) are struggling with the impact of winter storm Fern, which brought frigid cold across the Northeast this weekend. The four abovementioned utilities are part of Avangrid Group, which invested heavily in recent months to - [China prepares to launch LNG futures in Yuan in February](https://gastopowerjournal.com/news/brief-news/china-prepares-to-launch-lng-futures-in-yuan-in-february/) - Jan 26 – LNG futures denominated in Chinese Yuan, not US Dollars, could be launched on the on the Shanghai Futures Exchange (ShFE) as soon as February. If enacted, the move could strengthen the purchasing power of China’s state-owned energy buyers at a time of increasingly volatile oil and gas buyers due to heightened geopolitical - [Large-scale green H2 plant begins partial production in Egypt](https://gastopowerjournal.com/news/hydrogen/large-scale-green-h2-plant-begins-partial-production-in-egypt/) - Egypt’s first large-scale green hydrogen project, a 100 MW plant at Ain Sokhna on the Red Sea coast, is aiming to reach a Final Investment Decision (FID) on the full-scale project in the coming months. Developed by Scantec in partnership with Orascom, Fertiglobe and the Sovereign Fund of Egypt, the project marks a milestone on - [Solar dominates US capacity growth](https://gastopowerjournal.com/news/brief-news/solar-dominates-us-capacity-growth/) - Jan 23 - U.S. electricity generation will increase by 1.1% this year and by 2.6% in 2027, when it reaches an annual total of 4,423 billion Kilowatt Hours (BkWh), according to US government analysts. Growth is driven by solar and wind power whose contribution set to rise from currently about 18% to about 21% in - [BWK impairs coal asset, takes stake in H2-ready German gas plant](https://gastopowerjournal.com/news/hydrogen/bwk-eyes-40-in-h2-ready-german-gas-plant/) - The Swiss utility BKW has booked a Swiss Francs 110 million (US$139m) impairment on its minority stake in the 726 MW Wilhelmshaven coal power plant. Instead, it used the capital to buy 40% stake in an 850 MW hydrogen-ready combined-cycle gas power project in Hamm, developed by Trianel. Aachen-based Trianel has not taken FID on - [Nebras wins contracts to develop two CCGTs in Oman](https://gastopowerjournal.com/news/projectsandfinance/nebras-wins-contracts-to-develop-two-ccgts-in-oman/) - Qatar-based Nebras Energy has been awarded two contracts to develop combined-cycle gas power plants in Oman, in return for buying stakes in the 1,700 MW Misfah and the 877 MW Duqm power project. Under agreements signed with Oman Power and Water Procurement Company, Nebras acquired a 49% stake in the Misfah project, together with a - [Rosatom takes over repair of foreign gas turbines](https://gastopowerjournal.com/news/technologyinnovation/rosatom-takes-over-repair-of-foreign-gas-turbines/) - Specialists at Rosatom have mastered the full cycle of repair of foreign gas turbine units (GTU) in Russia. The state-dominated nuclear power specialist has been seeking to localize critical power generation technology as Western sanctions continue to isolate the Russian energy sector. Rosatom said the latest milestone ensures “technological sovereignty” over strategic power assets, many - [2026 January 23](https://gastopowerjournal.com/weekly-news/2026-january-23/) - [German energy firms fined for missing smart meter quotas](https://gastopowerjournal.com/news/regulationpolicy/german-energy-firms-fined-for-missing-smart-meter-quotas/) - German energy firms are facing fines for missing smart meter quotas which undermines grid stability as the share of inherently intermittent renewables energy grows. Over 85% of metering operators failed 2025 targets, prompting the regulator BNetzA to levy penalties on those in breach of smart meter rules. Nearly one in four small operators has zero - [Origin keeps Eraring running until April 2029 to stabilise NSW grid](https://gastopowerjournal.com/news/projectsandfinance/origin-keeps-eraring-running-until-april-2029-to-stabilise-nsw-grid/) - Origin Energy will keep Eraring Power Station in operation until April 2029, the company has told the NSW Government and the Australian Energy Market Operator. The runtime extension helps balance the regional grid until sufficient hybrid renewable and energy storage units comes into operation. The renewables build-out is progressing rapidly in NSW. Since the last - [Electricity takes centre stage in UK Government’s ‘Warm Home Plan’](https://gastopowerjournal.com/news/regulationpolicy/electricity-takes-centre-stage-at-uk-govs-warm-home-plan/) - UK Energy Secretary Ed Miliband has proposed up to £15 billion in public investment over the next five years to position electricity as the central fuel for decarbonising home heating. The government’s ‘Warm Home Plan’ wants to drive this change primarily via heat pumps, supported by rooftop solar and batteries. Switching from a gas boiler - [Construction starts on green H2 plant at Hamburg coal site](https://gastopowerjournal.com/news/hydrogen/construction-starts-on-green-h2-plant-at-hamburg-coal-site/) - Construction has begun on a 100 MW electrolyser project at the site of a decommissioned coal-fired power plant in Hamburg Moorsburg. Siemens Energy has been selected to supply and install the 100 MW electrolyser, with the plant scheduled for completion in 2027. The Hamburg Green Hydrogen Hub (HGHH) consortium, consisting of the sustainable asset managing firm - [Share of US gas generation falls as solar makes inroads](https://gastopowerjournal.com/news/market/share-of-us-gas-generation-falls-as-solar-makes-inroads/) - Though natural gas remains the largest source of electricity in the United States, its contribution will fall by 3% to less than 39% of total generation over the next two years as renewables make inroads. Analysts expect the combined share of generation from solar power and wind power to rise from about 18% in 2025 - [Liberty to supply 1 GW scalable power for Vantage data centers](https://gastopowerjournal.com/news/projectsandfinance/liberty-to-supply-1-gw-scalable-power-for-vantage-data-centers/) - Liberty Energy is fast-tracking efforts to deliver up to 1 GW of onsite, utility-scale power gen capacity for Vantage’s North American data centers over the next five years. A reservation of 400 MW of capacity is due for commissioning in 2027. Liberty Power Innovations (LPI) will own and operate the power assets, providing long-term power - [R.Power gets financing in Germany](https://gastopowerjournal.com/news/brief-news/r-power-secures-project-finance-in-germany/) - Jan 20 – R.Power, independent power producers in Poland and the CEE region, has secured its first-ever project finance financing on the German market. Financing, arranged by DAL and Deutsche Leasing, relates to the Klotze photovoltaic project with approximately 20 MW capacity. - [Overcapacity weighs on prices of oil, LNG, clean energy technologies](https://gastopowerjournal.com/news/market/overcapacity-weighs-on-prices-of-oil-lng-clean-energy-technologies/) - Prices for fossil fuels and clean energy technologies are falling as overcapacity builds. “Oil prices have already come under pressure (…) and the same will soon be true in natural gas markets, as the wave of new LNG export projects start operations,” the International Energy Agency (IEA) said. At the same time, ample manufacturing capacity - [Delayed CCGT build-out pushes back German coal exit date](https://gastopowerjournal.com/news/market/delayed-ccgt-build-out-pushes-back-german-coal-exit-date/) - Delays of Germany’s plans to build 12 GW of “controllable capacity,” consisting mainly of combined-cycle gas turbine (CCGT) plants, are lagging behind which undermines 2030 date of an orderly coal exits. In North Rhine-Westphalia (NRW), the German lignite heartland, the coal exit hinges on the availability of CCGT plants – ideally hydrogen-ready ones. Economy minister Katherina Reiche - [Solar PV drives US power growth](https://gastopowerjournal.com/news/brief-news/solar-pv-drives-us-power-growth/) - Jan 19 – US power generation will grow by 1.1% in 2026 and by 2.6% in 2027, when it reaches an annual total of 4,423 BkWh, the EIA said in its latest Short-Term Energy Outlook (STEO). The three main dispatchable sources of electricity generation (natural gas, coal, and nuclear) accounted for 75% of total generation - [Germany, EU agree on state aid for new gas power plants](https://gastopowerjournal.com/news/regulationpolicy/germany-eu-agree-on-state-aid-for-new-gas-power-plants/) - The European Commission and Germany have reached a preliminary agreement for federal support, or state aid, for new gas-fired power plants. Under the deal, Germany will initiate state-supported tenders in 2026 for 12 GW of “controllable capacity.” 10 GW of this volume must be able to operate continuously, likely through gas-fired plants, and will be commissioned - [EPA blocks xAI’s shortcut for powering Memphis Data Center](https://gastopowerjournal.com/news/regulationpolicy/epa-blocks-xais-shortcut-for-powering-memphis-data-center/) - The U.S. Environmental Protection Agency (EPA) has blocked plans of Elon Musk’s xAI to power a data center in Memphis without standard air quality permits by tightening provisions under the Clean Air Act on temporary, trailer-mounted gas turbines. Temporary turbines are frequently used to bring fast on-site power to critical infrastructures like data centres, hospitals - [Grid spending lags behind soaring electricity demand](https://gastopowerjournal.com/news/market/grid-spending-lags-behind-soaring-electricity-demand/) - Grid expansion and modernization cannot keep up with the surge in global electricity demand, the International Energy Agency (IEA) warns. In contrast to $3.3 trillion spent on power generation and related assets in 2025, grid investment stagnates at about $400 billion per year – held back by slow permitting and tight supply chains for transformers - [Amazon’s Didcot site purchase part of £8bn cloud computing plan](https://gastopowerjournal.com/news/projectsandfinance/amazons-didcot-site-purchase-part-of-8bn-cloud-computing-plan/) - Amazon has announced its UK investment – including the purchase of the Didcot power plant site – are part of an £8 billion cloud computing expansion plan. The redevelopment of the former Didcot A power station site into a major Amazon Web Services (AWS) data centre is expected to substantially increase regional electricity demand. National - [Morocco gets closer to creating $1 billion LNG-to-Power hub](https://gastopowerjournal.com/news/projectsandfinance/morocco-gets-closer-to-creating-1-billion-lng-to-power-hub/) - Morocco is advancing plans for an LNG import terminal and integrated 1.2 GW gas-fired power plant at the Nador West Med port. The government’s gas roadmap envisages two combined-cycle plants of 1.2 GW capacity each. The Nador CCGT will account for half of this planned capacity and is designed to as a baseload power source. - [African utilities struggle with sustained LNG surplus](https://gastopowerjournal.com/news/market/african-utilities-struggle-with-sustained-lng-surplus/) - Global LNG supply is forecast to top 594 million tons by 2030, as a massive capacity build-out in Qatar and the US causes an oversupply of up to 15 million tons. For African utilities, a sustained supply surplus is more of a curse than a blessing, African Energy Chamber’s chairman NJ Ayuk warns. Limited domestic - [I Spared Capital founds ANZA Power with US$300m commitment](https://gastopowerjournal.com/news/projectsandfinance/i-spared-capital-founds-anza-power-with-us300m-commitment/) - Global infrastructure investor I Sqared Capital has committed US$300 million to help the newly launched ANZA Power deliver dispatchable power across Australia and New Zealand. ANZA was formed through the acquisition of solar hybrid plants and battery energy storage systems that give the platform an immediate pipeline of projects and contracted cash flows. The new - [Abu Dhabi issues green bond](https://gastopowerjournal.com/news/brief-news/abu-dhabi-issues-green-bond/) - Jan 16 – Abu Dhabi National Energy Company (TAQA), along with Emirates Water and Electricity Company (EWEC), Masdar, EDF power solutions, and Jinko Power have announced the issuance of long-term Green Bonds to refinance Al Dhafra Solar Photovoltaic Independent Power Plant. The value of the bond is $870.75 million (AED 3.2 billion), this issuance has a coupon of 5.794% maturing in - [2026 January 16](https://gastopowerjournal.com/weekly-news/2026-january-16/) - [Qatar’s Facility E IWPP to be powered by Mitsubishi turbine](https://gastopowerjournal.com/news/projectsandfinance/qatars-facility-e-iwpp-to-be-powered-by-mitsubishi-turbine/) - Mitsubishi Power has landed an order to deliver M701JAC gas turbines for Qatar's Facility E Independent Water and Power Project (IWPP). The contract was handed to Mitsubishi in cooperation with Samsung C&T by Ras Abu Fontas Power Company and Qatar’s leading electricity & water utility KAHRAMAA. Located in the Ras Abu Fontas area, 25 kilometres south - [ABB launches ReliaHome Flex](https://gastopowerjournal.com/news/brief-news/abb-launches-reliahome-flex/) - Jan 14 – ABB has launched ReliaHome Flex a modular energy management system that gives homeowners and builders control over their energy use. Electricity already accounts for 44% of US residential energy use and this share is forecast to rise by up to 22% by 2050. - [Kiewit selected as EPC partner for Monroe County CCGT](https://gastopowerjournal.com/news/projectsandfinance/kiewit-selected-as-epc-partner-for-monroe-county-ccgt/) - Georgia’s largest energy producer Oglethorpe Power has selected Kiewit, through its subsidiary TIC, as the Engineering, Procurement and Construction (EPC) partner for its new 1,425 MW combined-cycle natural gas power plant in Monroe County. Owned by and serving 38 cooperatives across Georgia, Oglethorpe Power is developing the CCGT to support long-term, system-wide load growth for - [Coastal Bend LNG to capture carbon from onsite power plant](https://gastopowerjournal.com/news/market/coastal-bend-lng-to-capture-carbon-from-onsite-power-plant/) - Nick Flores, CEO of the Coastal Bend LNG project, has highlighted the inclusion of carbon capture and storage (CCS) as a ‘central feature’ of the company’s proposed liquefaction terminal in Texas. CO2 emissions from the onsite power plant will be captured, moved by pipeline for sequestration and long-term underground storage. Specific sites for the CO2 - [Mitsui subsidiary gets the green light to operate in California](https://gastopowerjournal.com/news/technologyinnovation/mitsui-subsidiary-gets-the-green-light-to-operate-in-california/) - STATS, part of the Japanese engineering group Mitsui, has been given the green light to roll-out its specialist pipeline technology in California. More and more American pipeline operators have approached STATS for hot tapping and BISEP line stopping services. Obtaining a Pipeline Contractor’s License now authorizes STATS to bid on and to perform projects in - [India: BPCL’s term LNG tender closes Jan 14](https://gastopowerjournal.com/news/market/india-bpcls-term-lng-tender-closes-jan-14/) - A term LNG purchase tender, issued by India's Bharat Petroleum Corp (BPCL), for four to eight cargoes per year for a 10-year tenure starting from 2026 is understood to be closing tomorrow, on January 14. BPCL, India’s second-largest state fuel retailer, holds stakes in the 5 mtpa Kochi regasification terminal in the southern state of - [Henry Hub spot prices soar 56% yoy as LNG buildout progresses](https://gastopowerjournal.com/news/market/henry-hub-spot-prices-soar-56-yoy-as-lng-buildout-progresses/) - Spot prices at the US benchmark Henry Hub in Louisiana increased 56 percent over the course of 2025, averaging $3.52 per per million British thermal units (MMBtu), based on data from London Stock Exchange Data. Feedgas demand for LNG exports increased by an estimated 3 billion cubic feet per day (Bcf/d) in 2025 as more - [Caterpillar, Vertiv to package power & cooling systems for Big Data](https://gastopowerjournal.com/news/technologyinnovation/caterpillar-vertiv-to-package-power-cooling-systems-for-big-data/) - US engine maker Caterpillar and IT infrastructure provider Vertiv have agreed to jointly offer packaged power and cooling systems aimed at shortening deployment times of large data centers. Target customers are AI data center developers that face delays tied to grid constraints, long equipment lead times, and rising power densities. The collaboration comes as one - [Egypt seals $1.8bn deals for renewables to curb LNG demand](https://gastopowerjournal.com/news/market/egypt-seals-1-8bn-deals-for-renewables-to-curb-lng-demand/) - The Egyptian government has signed contracts worth over $1.8 billion with Norway’s Scatec and China’s Sungrow for renewable energy project in a bid to expand clean power generation and reduce LNG imports. The agreements, signed on Sunday, stipulate a 1.7 GW solar PV project with 4 GWh of battery storage to be developed by Scatec across Minya, Qena, and Alexandria - [Ansaldo-led FLEX4H2 gets European award](https://gastopowerjournal.com/news/technologyinnovation/ansaldo-led-flex4h2-gets-european-award/) - FLEX4H2, a research project coordinated by Ansaldo Energia, has received the “Best Success Story” European award after tests confirmed that sequential combustion can handle any blend of natural gas and hydrogen, including pure hydrogen. The project’s success is the result of years of intense collaboration between industry, research centers, and universities. Latest test results mark - [Sinopec prepares merger with CNAF](https://gastopowerjournal.com/news/brief-news/sinopec-prepares-merger-with-cnaf/) - Jan 12 – Sinopec, one of China’s largest LNG importers, and China National Aviation Fuel Group (CNAF) have embarked on a restructuring process to prepare a merger. The plan has been approved by the Chinese State Council and would marginally support Chinese LNG demand through higher jet fuel and SAF-linked gas use, while strengthening state - [Flexible gensets play critical role in UK power system](https://gastopowerjournal.com/news/market/flexible-gensets-play-critical-role-in-uk-power-system/) - Fast-responding flexible generation is indispensable in balancing the UK power grid as new nuclear capacity is delayed, analysis by Terra Firma Energy finds. Gas power and batteries are uniquely positioned to balance the grid as renewable build-out accelerates. Terra builds, owns and operates flexible power generation across the UK with a combined 116 MW from - [B&W orders Siemens turbine to power Data Center by 2028](https://gastopowerjournal.com/news/projectsandfinance/bw-orders-siemens-turbine-to-power-data-center-by-2028/) - Babcock & Wilcox (B&W) has selected a steam turbine from Siemens Energy to deliver 1 GW of power for an applied digital AI factory. Limited notice to proceed has been given for a turbine delivery in time to power up the project before the end of 2028. “Leveraging Siemens Energy’s advanced turbine technology alongside B&W’s - [Data Centers add $6.5 billion to US grid’s electricity burden](https://gastopowerjournal.com/news/market/data-centers-add-6-5-billion-to-us-grids-electricity-burden/) - Data centers – many exceeding 100 MW in capacity – are adding an estimated $6.5 billion to the annual cost of operating the power grid in the United States, according to new regulatory filings. The electricity hunger of data centers has risen to 4% of total US electricity consumption, up from 2.5% five years ago. - [German solar generation booms](https://gastopowerjournal.com/news/brief-news/german-solar-generation-booms/) - Jan 9 – Record levels of solar power generation in Germany – and falling industrial production – have helped reduce CO2 emission by 1.5%, or 9 million tons in 2025, compared to the previous year. However, emissions from transport and buildings increased, amid tepid progress in the transition to electric vehicles and heat pumps. - [TenneT plans Germany-wide supercapacitor rollout](https://gastopowerjournal.com/news/technologyinnovation/tennet-plans-germany-wide-supercapacitor-rollout/) - Following the commissioning of Germany’s first supercapacitator in Mehrum, Lower Saxony, in mid-December, the grid operator TenneT plans a nationwide rollout. E-STATCOMs (electronic static synchronous compensators) are designed to stabilize grid frequency and voltage in the event of sudden shutdowns of dispatchable power units. Built by Siemens Energy, an E-STATCOM provides stabilization electronically. Supercapacitors store - [2026 January 9](https://gastopowerjournal.com/weekly-news/2026-january-9/) - [Oil prices to fall further in 2026; Fitch forecasts](https://gastopowerjournal.com/news/market/oil-prices-to-fall-further-in-2026-fitch-forecasts/) - Rating agency Fitch is expecting oil prices to fall further in 2026 from 2025 levels as OPEC+ countries are re-capturing market share. North American E&P companies are consequently focussed on consolidation and cost cutting to manage the impact weak oil prices, analysts noted, warning Capex cuts are on the cards. “Canadian crude exports might face - [Vistra acquires Congentrix’s gas power assets for US$4 billion](https://gastopowerjournal.com/news/market/vistra-acquires-congentrixs-gas-power-assets-for-us4-billion/) - US utility Vistra has announced the acquisition of Cogentrix Energy, owned by the US private equity firm Quantum Capital, for approximately US$4 billion. The acquisition adds 5.5 GW to Vistra’s gas-fired power generation portfolio. The transaction covers 10 gas-fired power plants with more than 5,500 MW installed capacity combined, with the assets situated across the - [Musk’s xAI buys five more 380 MW gas turbines from Doosan](https://gastopowerjournal.com/news/projectsandfinance/musks-xai-buys-five-more-380-mw-gas-turbines-from-doosan/) - Tesla start-up xAI has placed orders for five gas turbines from the Korean conglomerate Doosan Enerbility. The first two units are scheduled for delivery by the end of 2026. Once installed and commissioned, the turbines will power an additional 600,000+ GB200 NVL72 equivalent size cluster,” the US firm SemiAnalysis wrote on X, formerly known as - [Liberty to supply 1 GW of power for Vantage’s data centers](https://gastopowerjournal.com/news/projectsandfinance/liberty-to-deliver-1-gw-of-power-for-vantages-data-centers/) - Liberty Energy has agreed to supply up to 1 GW of power generation capacity for Vantage’s expanding North American data center portfolio over the next five years. The deal includes a reservation of 400 MW of capacity targeted for commissioning in 2027. Liberty Power Innovations (LPI) will own and operate the power assets, providing long-term - [KAYTUS sets new ‘speed & quality’ benchmark for AI data center](https://gastopowerjournal.com/news/technologyinnovation/kaytus-set-new-speed-quality-benchmark-for-ai-data-center/) - Singapore-based KAYTUS has delivered a 100-cabinet high-density liquid-cooled AI data center in Europe in just four months. By combining deployment and commissioning, KAYTUS got the unit up and running up to 80% faster than traditional deployment models. The customer is a European infrastructure unicorn delivering compute, storage, and networking services to the e-commerce, fintech, and - [Egypt buys more LNG from Qatar to alleviate seasonal shortages](https://gastopowerjournal.com/news/market/egypt-buys-more-lng-from-qatar-to-alleviate-seasonal-shortages/) - Egyptian Natural Gas Holding Company (EGAS) has reached agreement with QatarGas for the long-term delivery of up to 24 cargoes. The deal is framed as a “2026 summer supply agreement.” The framework includes a memorandum that envisages additional long-term supply of Qatari LNG to Egypt, in an effort to help alleviate the country’s seasonal gas - [Berlin power grid sabotage highlights German infrastructure risks](https://gastopowerjournal.com/news/market/berlin-power-grid-sabotage-highlights-german-infrastructure-risks/) - An electricity outage in parts of Berlin following an arson attack has highlighted risks around Germany’s critical infrastructure. TSO should no longer have to publish sensitive information on electricity flows, as excessive transparency presents sensitive information to the public “on a silver platter” which makes sabotage “too easy,” energy industry association BDEW said. “We need - [Nairobi to host IEA summit](https://gastopowerjournal.com/news/brief-news/nairobi-to-host-iea-summit/) - Jan 7 –The Kenyan, Norwegian and US governments will co-host the International Energy Agency’s (IEA) second summit on Clean Cooking in Africa. The first such IEA summit took place in Paris in May 2024, mobilising $2.2 billion in financial pledges from governments and the private sector. - [Venezuela upheaval adds downside risk to oil and LNG markets](https://gastopowerjournal.com/news/market/venezuela-upheaval-adds-downside-risk-to-oil-and-lng-markets/) - Prospects of additional Venezuelan crude supply – following the ousting of President Nicolás Maduro – are poised to deepen oversupply on global oil and LNG markets, challenging price recovery through early 2026. Any easing of US sanctions could unlock Venezuelan crude exports, adding supply into already oversupplied markets, Wood Mackenzie warns. Venezuela produced about 820,000 - [GE powers up Vietnam’s first LNG-fuelled CCGT](https://gastopowerjournal.com/news/projectsandfinance/ge-powers-up-vietnams-first-lng-fuelled-ccgt/) - GE Vernova has announced the commercial start-up of Vietnam’s first 9HA gas power plant, Nhon Trach 3&4. Operated by PV Power, these two combined-cycle power plants are Vietnam’s first LNG-fuelled unit, helping to accelerate the coal-to-gas transition of the country’s power sector. According to the Adjusted PDP8 – an amendment to Vietnam's National Power Development - [JERA signs 7-year LNG supply agreement with Hokkaido Gas](https://gastopowerjournal.com/news/market/jera-signs-7-year-lng-supply-agreement-with-hokkaido-gas/) - Japan’s largest utility JERA has signed a long-term LNG sale and purchase agreement (SPA) with Hokkaido Gas, with deliveries starting in 2027. Under the seven-year contract, JERA will deliver two to three cargoes per year - equivalent to roughly 130,000 to 200,000 metric tonnes of LNG. Deliveries will be scheduled flexibly to align with Hokkaido - [Wärtsilä renews O&M deal with Tasiast Gold Mine power plant](https://gastopowerjournal.com/news/projectsandfinance/wartsila-renews-om-deal-with-tasiast-gold-mine-power-plant/) - Finish engine maker Wärtsilä has renewed its operation and maintenance agreement with Tasiast Mauritanie, part of Canada’s Kinross Gold Corp, for a further three years. The O&M contract covers a 60 MW decentral power plant at Kiross' gold mine in Mauritania. Wärtsilä has been operating the plant since its 2013 commissioning. Tasiast power plant, built - [Ansaldo to supply turbines, generators for CCGT in Hungary](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-to-supply-turbines-generators-for-ccgt-in-hungary/) - Ansaldo Energia of Italy will supply one hydrogen-ready GT26 gas turbine and one steam turbine, together with the respective generators, for the new Matra combined‑cycle power plant, in Hungary. The contract was awarded by a consortium of Status KPRIA, West Hungaria Bau and Elsewedy Electric, who are developing the CCGT on behalf of the Hungarian - [2025 December 19](https://gastopowerjournal.com/weekly-news/2025-december-19/) - [P.Power wins 6.3 GW BESS capacity contract](https://gastopowerjournal.com/news/energy-storage/p-power-wins-6-3-gw-bess-capacity-contract/) - Poland’s P.Power has secured new capacity contracts for five large battery energy storage system projects in the December auction. The award signals growing pressure on gas-fuelled peaking power plants. The newly contracted projects — Dzięgielewo (300 MW / 1,200 MWh), Czekanów (300 MW / 1,200 MWh), Jawiszów (202 MW / 808 MWh), Wysoka (202 MW - [Japan's LNG-burn falls again on nuclear rebound](https://gastopowerjournal.com/news/market/japans-lng-burn-falls-again-on-nuclear-rebound/) - Energy import-dependent Japan has again lowered LNG-burn for power generation to the lowest levels in a decade due to high fuel prices and robust recovery of nuclear baseload power. Japan’s nuclear reactors generated the highest electricity output since the 2011 Fukushima disaster while gas-fired generation fell 25% in the first half this year. Natural gas, - [Wärtsilä engines for pusher tugs](https://gastopowerjournal.com/news/brief-news/wartsila-engines-for-pusher-tugs/) - Dec 18 – AMAGGI, a Brazilian agribusiness group, has contracted Wärtsilä to supply engines for two new pusher tugs. The ships are under construction at the Beconal shipyard in Manaus, with Wärtsilä’s equipment due to be delivered commencing in August 2026. - [Germany to revise hydrogen funding, shifts focus to imports](https://gastopowerjournal.com/news/regulationpolicy/germany-to-revise-h2-funding-shifts-focus-to-imports/) - The German government is scrutinizing the funding framework for hydrogen as ramp-up failed to meet expectations. Rather than feed-in tariffs, the economics ministry wants to focus on hydrogen imports to lower production costs. Under a feed-in tariff system, producers get a guaranteed price for the green hydrogen they supply – similar to renewables support through - [Supermajors may rein in buybacks if oil stays below $70/bbl](https://gastopowerjournal.com/news/market/supermajors-may-rein-in-buybacks-if-oil-stays-below-70-bbl/) - Lower oil prices are eroding profit margins of global oil and gas companies, forcing deeper structural cost cuts and threatening share buyback programs. If oil prices stay below $70 per barrel, Wood Mackenzie expects supermajors’ free cash flow could plunge by up to 30% in 2026. ExxonMobil and Chevron already signalled they will reduce share - [Cooling to drive electricity demand growth in MENA region](https://gastopowerjournal.com/news/market/cooling-to-drive-electricity-demand-growth-in-mena-region/) - Electricity demand in the Middle East and North Africa (MENA) region has tripled between 2000 and today, rising by more than 1,000 TWh. Come 2035, electric power demand is projected to rise by another 50% – with cooling set to be the largest growth driver, the International Energy Agency (IEA) forecasts. Extreme heat and water - [US retail gas prices rise](https://gastopowerjournal.com/news/brief-news/us-retail-gas-prices-rise/) - Dec 16 – US Government analysts have increased retail energy price forecasts, especially for natural gas and propane due to steep rise in Henry Hub prices. When the Energy Information Administration's October STEO forecast was formed, the Henry Hub gas spot price was near $3.00 per MMBtu – by late November, the price has jumped - [ICE extends trading hours for European gas & power futures](https://gastopowerjournal.com/news/market/ice-extends-trading-hours-for-european-gas-power-futures/) - Intercontinental Exchange (IEC) is preparing to extend trading hours for European gas and power futures to match the 22-hour trading cycles of markets in the US and Asia. The move enables seamless LNG cross-basin trade and hedging between TTF, Henry Hub, and JKM benchmarks in aligned hours and US$ pricing. Currently, traders invested in Dutch - [CSE Global wins LNG electrification contracts](https://gastopowerjournal.com/news/projectsandfinance/cse-global-wins-lng-electrification-contracts/) - CSE Global has secured three contracts to design, build and supply electrification and control systems for LNG terminals. The contracts, with a combined US$124.6 million, are scheduled for delivery between 2026 and 2028. CEO Lim Boon Kheng said the contracts reflect CSE Global’s integration capabilities. “Providing electrification solutions to the USA LNG market, which is - [Georgia Power receives turbine delivery for Plant Yates’ Unit 9](https://gastopowerjournal.com/news/projectsandfinance/georgia-power-receives-turbine-delivery-for-plant-yates-unit-9/) - Atlanta-based Georgia Power has received delivery of a Mitsubishi-made turbine and generator to complete the new Unit 9 at Plant Yates according to plan by the end of 2027. Three new Units at Plant Yates were approved by the Georgia Public Service Commission (PSC) in the 2023 Integrated Resource Plan (IRP) update. Each unit is powered - [mtu on-board generators for Balearia ferries](https://gastopowerjournal.com/news/brief-news/mtu-on-board-generators-for-balearia-ferries/) - Dec 15 – Eight mtu generators have been ordered by the Spanish shipping company Balearia to supply emergency power for two ferries. From 2027, the ships will cover the 18 nautical miles between Tarifa in Spain and Tangier in Morocco using electric power, with the mtu gensets capable to supply 11,000 kW total output as - [Doosan wins turbine order from Qatari IWPP](https://gastopowerjournal.com/news/projectsandfinance/doosan-wins-equipment-order-for-qatari-iwpp/) - Doosan Enerbility has secured a contract worth 130 billion won (US$ 88 million) from Samsung E&A to deliver equipment for the Facility E Independent Water and Power Project (IWPP) in Qatar. Samsung E&A has been selected as the engineering, procurement and construction (EPC) contractor for the project. Under the contract, Doosan will deliver 430 MW-class - [Vietnam inaugurates first two LNG-fuelled power plants](https://gastopowerjournal.com/news/projectsandfinance/vietnam-inaugurates-first-two-lng-fuelled-power-plants/) - Vietnam’s first two LNG-fired power plants, Nhon Trach Units 3&4, were inaugurated and handed over to its operator PV Power on Sunday, December 14. The US$1.4 billion project, with 1.6 GW generating capacity, secured some US$1.1 billion in financing – without state guarantees. PV Power’s sister company, PV Gas, agreed to supply the necessary volumes - [More incentives needed for Vietnam’s LNG-to-power projects](https://gastopowerjournal.com/news/market/more-incentives-needed-for-vietnams-lng-to-power-projects/) - Developers and financiers are urging the Vietnamese government to extend incentives for LNG-fuelled power projects. Only three plants are currently under construction, while nearly 15 projects struggle to arrange financing, with critics noting LNG import tariffs and guaranteed electricity offtake are still too low to make projects break even. Vietnam is phasing out coal power - [Tennet orders 2-GW-class offshore grid link for BalWin5](https://gastopowerjournal.com/news/projectsandfinance/tennet-orders-2-gw-class-offshore-grid-link-for-balwin5/) - Tennet has selected GE Vernova and Seatrium to deliver a new 2.2-GW offshore high-voltage direct current (HVDC) grid connection to link the BalWin5 wind park to the onshore power transmission network. Once onstream, BalWin5 will generate enough electricity to power 2.75 million households. The BalWin5 connection is designed to carry up to 2.2 gigawatts (GW) of wind - [Fermera accelerates AI campus in Mexico](https://gastopowerjournal.com/news/brief-news/fermera-accelerates-ai-campus-in-mexico/) - Dec 12 – Fermaca Digital City, a 250 MW AI-ready campus, is under early development in Mexico. Based on NVIDIA technology, the campus will be equipped to power next-generation workloads across sectors such as energy, manufacturing, and logistics. - [Germany’s new grid rule to spur investment, lower costs](https://gastopowerjournal.com/news/regulationpolicy/germanys-new-grid-rule-to-spur-investment-lower-costs/) - The German energy regulator BNetzA has set out rules to incentivise grid investments and lower system costs. Billions of euros are needed to digitalise and upgrade grid capacity, with BNetzA aiming to prevent operators from earning excessive profits by passing on unnecessarily high costs to customers. “We keep an eye on the interests of households, - [2025 December 12](https://gastopowerjournal.com/weekly-news/2025-december-12/) - [Germany: RES hit 56% share but gas backup debate heats up](https://gastopowerjournal.com/news/market/germany-res-hit-56-share-but-gas-backup-debate-heats-up/) - Renewable energy sources have covered almost 56% of Germany's gross electricity consumption in 2025, edging higher despite weak early‑year wind and a steep drop in hydropower output, preliminary data from industry association BDEW shows. Despite more than 17 GW of solar power additions, BDEW analysts say gas‑fired plants remain essential to provide flexible capacity for demand - [GE Vernova lifts 2028 revenue targets at NY investor day](https://gastopowerjournal.com/news/market/ge-vernova-lifts-2028-revenue-targets-at-ny-investor-day/) - Positive signals from GE Vernova’s investor update have driven up share prices which also had a positive impact on Siemens Energy shares. The US engine maker reiterated 2025 revenue guidance in the US$36–37 range supported by solid order growth in its Power & Electrification segments. Improved performance in Wind Power gives GE Vernova an edge - [Wärtsilä and Siempelkamp optimises engine block deliveries](https://gastopowerjournal.com/news/technologyinnovation/wartsila-and-siempelkamp-optimises-engine-block-deliveries/) - Siempelkamp Giesserei, a key supplier of large cast components for Wärtsilä engines, has agreed to optimise deliveries of engine blocks allowing Wärtsilä to cater to growing demand. Hand-mold components are vital for adapting engines to low emission fuels. Siempelkamp's automated, digitalised foundry is largely running on renewable power, supporting the aim of the Finish engine - [ELGi helps Swedish mineral water maker save electricity](https://gastopowerjournal.com/news/technologyinnovation/elgi-helps-swedish-mineral-water-maker-safe-electricity/) - Swedish natural mineral water producer Guttsta Källa has saved 120,000 kWh of electricity per year at an increased production throughput after installing an ELGi compressed-air package. The solution comprises of EG11 and EG45 compressors, along with receiver tanks, dryers and filter. ELGi stated the system uses its patented air-end design and control architecture to optimise - [Joint planning could save Europe €750bn on energy transition](https://gastopowerjournal.com/news/regulationpolicy/joint-planning-could-save-europe-e750bn-on-energy-transition/) - Coordinated, cross-border planning of Europe’s future power and gas infrastructure could avoid the need for 505 GW of gas-fuelled backup power capacity, lower onshore wind requirements by 15%, and reduce hydrogen electrolyser needs by 9%. Overall, these efficiencies could save Europe up to €750 billion. A top-down, integrated planning is essential to unlocking these gains, - [Wärtsilä engines to power 120 MW plant in Western Australia](https://gastopowerjournal.com/news/projectsandfinance/wartsila-engines-to-power-120-mw-plant-in-western-australia/) - Zenith Energy, an Australian Independent Power Producer (IPP), has contracted Wärtsilä to supply the engines, controls, and auxiliary equipment for a new 120 MW power plant in Kalgoorlie. The plant will electrify Western Australia’s largest gold mines in Kalgoorlie, owned by Northern Star Resources. Start of power generation anticipated in mid-2027. Zenith Energy is a - [Ofgem set out grid connection reform, with late fees for TSOs](https://gastopowerjournal.com/news/regulationpolicy/ofgem-set-out-grid-connection-reform-with-late-fees-for-tsos/) - Britain’s energy regulator Ofgem has outlined a reform package aimed at accelerating grid connection system, warning network operators they face financial penalties if they fail to meet new performance targets. The announcement follows a decision by the National Energy System Operator (NESO) to prioritise a new pipeline of deliverable projects targeting up to £90 billion - [Vietnam’s first LNG-fuelled power plant to start up Dec 20](https://gastopowerjournal.com/news/projectsandfinance/vietnams-first-lng-fuelled-power-plant-to-start-up-dec-20/) - Nhon Trach Unit 4, one of two units of Vietnam’s first LNG-fuelled power plant, is due to start commercial operation on December 20. Project developer PV Power spent an estimated $1.4 billion to build both units, with a combined capacity of 1,620 MW. Situated in Vietnam’s southern Dong Nai province, Nhon Trach 3 & 4 - [Burning coal more profitable than gas in the United States](https://gastopowerjournal.com/news/market/burning-coal-more-profitable-than-gas-in-the-united-states/) - Spark and dark spreads – common profitability metrics of gas- and coal-power plants – have increased in the United States over the past two years. Yet, dark spreads outgrow spark spreads, indicating the favourable economics of burning coal. Between January and November 2025, dark spreads averaged $21/MWh versus $28/MWh for the spark spread, figures by - [DLR system gets 765kV certification](https://gastopowerjournal.com/news/brief-news/dlr-system-gets-765kv-certification/) - Dec 9 – Ampacimon and DroneVolt have completed certification for 765 kV transmission lines after a live-line test of their dynamic line rating (DLR) system. In-fight certification tests, carried out with a drone, confirmed the system can run safely and reliably at ultra-high-voltage levels - [Vietnam’s Nhon Trach 3 LNG-fuelled power plant to start up in Q3](https://gastopowerjournal.com/news/projectsandfinance/vietnams-nhon-trach-3-lng-fuelled-power-plant-to-start-up-in-q3/) - PetroVietnam Power is preparing to start up the Nhon Trach 3 power plant in the third quarter of 2025, while Nhon Trach 4 is scheduled to start commercial operations by the end of this year. Capital expenditure (CAPEX) for developing the two LNG-fuelled power plants comes to US$ 1.4 billion, financed under a 75:25 debt - [AGL breaks ground on Tomago battery](https://gastopowerjournal.com/news/brief-news/agl-breaks-ground-on-tomago-battery/) - Dec 8 – AGL Energy has started construction of the 500 MW/ 2,000 MWh Tomago battery in New South Wales. The 4-hour duration grid-scale battery is scheduled to start operations by the second half of 2027. - [Torrent Power secures term LNG supply from JERA](https://gastopowerjournal.com/news/market/torrent-power-secures-term-lng-supply-from-jera/) - India’s Torrent Power has signed a 10-year LNG purchase agreement with JERA. Starting in 2027, Torrent Power will receive four LNG cargoes annually, delivered ex-ship from JERA’s global LNG portfolio. The deal marks JERA’s first long-term LNG sale outside Japan and highlights Torrent Power’s strategy to strengthen fuel security for its gas-based assets. The four - [Torrent signs LNG SPA with BP to fuel peaking power plants](https://gastopowerjournal.com/news/market/torrent-signs-lng-spa-with-bp-to-fuel-peaking-power-plants/) - Torrent Power has signed a Sales and Purchase Agreement (SPA) with BP Singapore, a subsidiary of BP. The agreement calls for the supply of up to 0.41 million metric tonnes per year of liquefied natural gas (LNG), starting in 2027 and continuing through 2036. The contracted LNG will be imported through the Dahej LNG terminal, - [Pakistan to sell surplus LNG from January 2026](https://gastopowerjournal.com/news/market/pakistan-to-sell-surplus-lng-from-january-2026/) - Pakistan is preparing to sell excess LNG, imported from Qatargas and Italy's Eni, starting from January 1, 2026, after lower gas-burn for power generation created a surplus, petroleum minister Ali Pervaiz Malik said. The Government has initially tried to divert imported LNG to domestic customers, but this move increased circular debt in the gas sector - [Skilled labour shortage threatens global energy sector growth](https://gastopowerjournal.com/news/market/skilled-labour-shortage-threatens-global-energy-sector-growth/) - More than 76 million people are employed in the global energy sector which contributed 2.4% of all net jobs created across the global economy over the past five years. Labour shortages, however, will limit employment growth to 1.3% in 2025, early data compiled by the International Energy Agency (IEA) finds. Employment in the global energy - [Eni LNG deals to improve Thailand’s electricity supply](https://gastopowerjournal.com/news/market/eni-lng-deals-to-improve-thailands-electricity-supply/) - Thailand’s utilities will gain fuel security and more stable power generation costs from a new long‑term LNG supply agreement between Italy’s Eni and Gulf Development Co. The deal helps moderate future power price volatility in a regional gas market heavily dependent on imported LNG. Under the 10‑year contract, Eni will supply about 0.8 million tonnes per - [Germany faces up to 24 GW power shortfall by 2030](https://gastopowerjournal.com/news/market/germany-faces-up-to-24-gw-power-shortfall-by-2030/) - Germany is at risk of running short of between 10 GW and 24 GW electricity supply during peak demand hours by 2030, as coal-fired plants are shut down faster than replacement capacity comes online. While Energy Aspects cautions during “rare but critical instances” there might be a supply gap at 10 GW, analysts at the - [Siemens advances sustainability](https://gastopowerjournal.com/news/brief-news/point-source-capture-advances/) - Dec 5 – Siemens is accelerating toward its 2030 sustainability targets, aiming for net-zero operations and deep cuts in value-chain emissions by the end of the decade. Customer avoided emissions already reach well over 100 million tons of CO₂e annually. - [JERA, Newlab New Orleans advance Point-Source Capture tech](https://gastopowerjournal.com/news/technologyinnovation/jera-newlab-new-orleans-advance-point-source-capture-tech/) - JERA Ventures has partnered with Newlab New Orleans to accelerate carbon capture technologies for low-concentration CO₂ emissions. Such Point-Source Capture (PSC) is essential for scaling up carbon capture for modern combined-cycle gas turbine plants. “Louisiana sits at the center of one of the world’s most energy-intensive industrial corridors [and] through our partnership with JERA, we are - [2025 December 5](https://gastopowerjournal.com/weekly-news/2025-december-5/) - [Ofgem approves £28 billion for UK energy network upgrades](https://gastopowerjournal.com/news/regulationpolicy/ofgem-approves-28-billion-for-uk-energy-network-upgrades/) - British energy regulator Ofgem today approved the first £28 billion ($37.33 billion) of a total £90 billion of investment in UK power and gas network companies – including greater capabilities for LNG imports. Ofgem insists these investments are “essential” to provide a grid capable to cope with sharply rising energy demand in the future. Though - [Tabert Next Gen’ Power Station enters full construction](https://gastopowerjournal.com/news/projectsandfinance/tabert-next-gen-power-station-enters-full-construction/) - SSE‘s €300 million Tarbert Next Generation Power Station in County Kerry has entered full construction. Powered by an Ansaldo turbine, Tabert will be Ireland’s first peaking power plant (300 MW) running on biofuels. It will operate on Hydrotreated Vegetable Oil (HVO), sourced from waste feedstocks – a lower-carbon alternative to fossil fuels. By future-proofing the - [Germany to disclose criteria for power plant tender before Xmas](https://gastopowerjournal.com/news/regulationpolicy/germany-to-disclose-criteria-for-power-plant-tender-before-xmas/) - The German government wants to communicate the tender criteria for new gas-fired power plants before Christmas, economy minister Katherina Reiche promised at an industry conference in Berlin. Concrete tenders could be issued as early as March 2026. In total, the government wants to tender up to 10 GW of dispatchable gas-fired power plant capacity next - [Hyundai builds 1 GW green H2 plant in Korea](https://gastopowerjournal.com/news/hydrogen/hyundai-to-construct-1-gw-green-hydrogen-plant-in-korea/) - Korean carmaker Hyundai is forging ahead with plans to build a 1 GW green hydrogen plant in South Korea as part of a wider $86 billion green energy investment programme. The plant will produce hydrogen via proton exchange membrane (PEM) electrolysis, leveraging Hyundai’s proprietary fuel cell technology. Hyundai is already building a new hydrogen-facility in - [CHN commissions Anji Unit-1 with China-made turbine](https://gastopowerjournal.com/news/projectsandfinance/chn-commissions-anji-unit-1-with-china-made-turbine/) - China Energy Investment Group (CHN Energy) has commissioned Unit-1 of the Anji power plant, using a locally-made turbine with a capacity of 400 MW. The turbine was made by GE Vernova and Harbin Electric in a joint venture, set up to boost localised manufacturing at a time of global turbine shortages. CHN developed the Anji power - [Coal-to-gas switching in Asia to accelerate in 2026](https://gastopowerjournal.com/news/market/coal-to-gas-switching-in-asia-to-accelerate-in-2026/) - Utility buyers in emerging markets and developing economies in Asia could take advantage of falling LNG prices by switching from gas- to coal-fired generation. Analysis by the International Energy Agency (IEA) finds that “since 2010, around 30% of the 380 billion cubic metres (bcm) of natural gas demand growth has come from coal-to-gas switching, and - [Japanese trio takes stake in Live Oak e-NG project in Nebraska](https://gastopowerjournal.com/news/technologyinnovation/japanese-trio-takes-stake-in-live-oak-e-ng-project-in-nebraska/) - Osaka Gas, Toho Gas and ITOCHU have taken a combined 33.3% stake in the Live Oak electric natural gas (e-NG) project in Nebraska, U.S. The trio signed a joint development and operating agreement with TES and TotalEnergies, which plan to take FID on the project in early 2027. Developers of the Live Oak e-NG project - [Iraq’s Khor Mor field restarts, supplies gas for power gen](https://gastopowerjournal.com/news/market/iraqs-khor-mor-field-restarts-supplies-gas-for-power-gen/) - Operations at Iraq's Khor Mor field, the largest non-associated gas facility in the Kurdistan region, resumed early Sunday, restoring gas transmission to regional power stations. Pearl Petroleum increased the field's capacity to 750 million standard cubic feet per day (MMscf/d) in October. A drone attack on November 27, however, struck a storage tank and suspended - [Solar and battery storage displace gas peakers in California](https://gastopowerjournal.com/news/market/solar-and-battery-storage-displace-gas-peakers-in-california/) - Rising solar output and battery storage are displacing gas-fired peaking power plants during key California Independent System Operator (CAISO) hours, slashing fossil generation during midday peaks and evening ramps. Between noon and 5:00 p.m. in May and June, solar generation increased from 10.2 GW in 2020 to 18.8 GW this year, directly curbing gas runtime - [Gas-burn falls in California](https://gastopowerjournal.com/news/brief-news/gas-burn-falls-in-california/) - Dec 1 - Though gas still covers the lion's share in California's power mix, its contribution has fallen in recent years with the ascent of solar power. During the midday hours (between noon and 5:00 p.m.) in May and June, solar generation increased from 10.2 gigawatts (GW) in 2020 to 18.8 GW in 2025 - - [TTF prices keep falling as global LNG oversupply builds up](https://gastopowerjournal.com/news/market/ttf-prices-keep-falling-as-global-lng-oversupply-builds-up/) - European gas prices continued to soften in November, with TTF month-ahead prices down by 25% year-on-year to $10.5 per MMBtu as a 15% yoy surge in global LNG supply outstrips demand. A short-lived cold-spell in the second half of November could not revert the downward trajectory, with TTF prices ending the month at to below - [France power export reach 20-year high on strong nuclear output](https://gastopowerjournal.com/news/market/france-power-export-reach-20-year-high-on-strong-nuclear-output/) - French electricity exports have hit a 20-year high in the second half of 2025, as strong nuclear output and growing solar and wind contributions translate in a 25-30% discount of French electricity prices, compared to neighbouring markets. Exports are primarily driven by nuclear generation, which rebounded strongly after a challenging few years when several reactors - [Siemens Energy drives Germany’s grid expansion](https://gastopowerjournal.com/news/projectsandfinance/siemens-energy-drives-germanys-grid-expansion/) - Siemens Energy is advancing Germany's grid-modernization with the overhaul of the Daxlanden substation near Karlsruhe. The project, commissioned by the TSO TransnetBW plays a crucial role in transporting wind power generated in the north of the country to industrial centers in the south as Germany exits coal power. With the Daxlanden overhaul, Siemens Energy demonstrates - [JERA enhances supply balance prior to heavy-load winter season](https://gastopowerjournal.com/news/market/jera-enhances-supply-balance-prior-to-heavy-load-winter-season/) - Japan’s largest LNG importer and power producer JERA is taking action to uphold the supply-demand balance for the heavy-load winter season between December and March 2026. The Taketoyo plant will run on coal as a “provisional measure” and JERA will import one cargo of LNG per month under a ‘strategic buffer framework’. To bolster supply - [Singapore’s VPP initiate kicks off](https://gastopowerjournal.com/news/brief-news/singapores-vpp-initiate-kicks-off/) - Nov 28 – SP Group has teamed up with the IoT platform Univers to kickstart Singapore’s virtual power plant initiative. In its initial phase, the VPP will aggregate and manage distributed power plants across various sites, supporting grid services like frequency regulation and contingency reserve. - [Security of UK gas supply "increasingly at risk," NESO warns](https://gastopowerjournal.com/news/market/security-of-uk-gas-supply-increasingly-at-risk-neso-warns/) - Britain’s National Energy System Operator (NESO) has urged the government to prepare for an “emerging risk to gas supply security.” Decarbonisation can shield against demand spikes and ease pressure on gas transmission infrastructure. NESO’s Gas Security of Supply Assessment finds supply will suffice in meeting demand through 2030 “under normal weather conditions.” But in the - [Osaka Gas’ eyes further investment in US upstream, power assets](https://gastopowerjournal.com/news/projectsandfinance/osaka-gas-eyes-further-investment-in-us-upstream-power-assets/) - Osaka Gas is looking to expand its oversees LNG business via US upstream investments and power plants through subsidiary Sabine Oil & Gas. The company expects Texas shale gas production to reach 3.8 mt LNG-equivalent this fiscal year. This vertical strategy – upstream gas supply paired with power plant stakes – enhances LNG utilization and - [2025 November 28](https://gastopowerjournal.com/weekly-news/2025-november-28/) - [Osaka Gas eyes producing syngas in US Midwest for export to Japan](https://gastopowerjournal.com/news/market/osaka-gas-eyes-producing-syngas-in-us-midwest-for-export-to-japan/) - Osaka Gas, together with its American partners Green Plain and Tallgrass, will evaluate the feasibility of producing up to 200,000 tons per year of synthetic methane in the US Midwest. Concurrent to the study, due complete in mid-2023, Osaka Gas will examine strategies to liquefy the methane at Freeport LNG and transport it to Japan. - [Finance gap widens despite ambitious COP30 targets](https://gastopowerjournal.com/news/market/finance-gap-widens-despite-ambitious-cop30-targets/) - Global climate finance commitments remain stuck at US$100 billion annually – far below the US$300 billion target – even though the COP30's 'Baku to Belem roadmap' calls for scaling up to US$1.3 trillion yearly. Reaching this goal would require a fourfold increase in equity by 2035, Wood Mackenzie finds. Without further action, emerging markets face - [ENGIE starts to build 200-MW battery near Australian power plant](https://gastopowerjournal.com/news/energy-storage/engie-starts-to-build-200-mw-battery-near-australian-power-plant/) - French utility ENGIE has begun construction of a 200-MW/400-MWh battery energy storage system (BESS) in South Australia, next to its Pelican Point combined-cycle gas power station at Adelaide’s Outer Harbour. The battery will store excess power generated by the CCGT and feed it back to the grid at times of peak demand. Once completed, the - [Hut 8 sells assets to TransAlta](https://gastopowerjournal.com/news/brief-news/hut-8-sells-assets-to-transalta/) - Nov 26 – TransAlta Corp, one of Canada’s largest listed power generators, has agreed acquire the 310-megawatt portfolio of four gas-fired power plants in Ontario. The assets are owned and operated by Far North, an entity formed by Hut 8 and Macquarie. - [First thermal energy storage dispatched into CAISO power market](https://gastopowerjournal.com/news/technologyinnovation/first-thermal-energy-storage-dispatched-into-caiso-power-market/) - The first thermal energy storage – a Nostromo IceBrick system – is being dispatched in California’s CAISO wholesale power market, delivering load reductions over of 200 kW on the grid this summer. Installed at the Beverly Hilton Hotel, this behind-the-meter thermal energy storage sets a precedent as an “grid-interactive efficient buildings.” According to the - [FPL rate rise approved](https://gastopowerjournal.com/news/brief-news/fpl-rate-rise-approved/) - Nov 25 – Florida Power & Light (FPL) Company has gained regulatory approval to increase residential power bills by $2.50 a month, or about 2%, from the current $134.14 to $136.64 – except for Northwest Florida, where rates remain relatively flat. - [Amprion CEO calls Germany’s gas plant expansion ‘aspirational’](https://gastopowerjournal.com/news/market/amprion-ceo-calls-germanys-gas-plant-expansion-aspirational-2/) - Germany’s plan to build 20 GW of new gas-fired power plants by 2030 seems overly ambitious and aspirational, Amprion CEO Christoph Müller warned. Though the tender is meant to take place quickly, turbine manufacturers don’t have “50 turbines in stock waiting to be picked up, he noted. Speaking to Politico Pro Energie und Klima, Müller - [TTF prices fall below €30/MWh as geopolitical risk premium fades](https://gastopowerjournal.com/news/market/ttf-prices-fall-below-e30-mwh-as-geopolitical-risk-premium-fades/) - European wholesale gas prices have dropped below €30 per MWh on Monday, a level not seen since February 2024, as nearing peace deal in Ukraine puts bearish pressure on prices. The December 2025 TTF contract’s move below the psychological threshold as markets hope the EU’s proposed ban on Russian pipeline gas could be softened. A - [Loan agreed for Texan gas power project](https://gastopowerjournal.com/news/brief-news/loan-agreed-for-texan-gas-power-project/) - Nov 24 – A new Texas Energy Fund loan agreement is in place for a 455 MW plant in northeast Houston. The $617 million power project will add to the Lone Star State’s rising share of decentralised, fast-ramp gas power capacity. - [PLP advances S$1bn H2-ready power project in Singapore](https://gastopowerjournal.com/news/projectsandfinance/plp-advances-s1bn-h2-ready-power-project-in-singapore/) - Pacific Light Power (PLP) has progressed planning and contracting for a S$1 billion hydrogen-ready power project in Singapore to a mature stage. Jurong Engineering Limited (JEL) and Mitsubishi will build the 670 MW combined-cycle power plant, with commissioning scheduled for 2029. From the get-go, the power station will be able to co-fire 30% hydrogen together - [Dynamis orders 25 Baker Hughes turbines](https://gastopowerjournal.com/news/brief-news/dynamis-orders-25-baker-hughes-turbines/) - Nov 21 – Dynamis has ordered 25 aeroderivative gas turbines – including LM2500, LM6000 and LM9000 – with 1.3GW capacity combined from Baker Hughes. Ten of these turbines will be packaged in a new offering DT70, totalling 700 MW of gas-fuelled power – delivering the oil & gas industry’s highest reported mobile power density (MW - [Air permit paves way for 4.4 GW Homer City Generation](https://gastopowerjournal.com/news/regulationpolicy/air-permit-paves-way-for-4-4-gw-homer-city-generation/) - An air permit, issued by the Pennsylvania Department of Environmental Protection, clears the way for the 4.4 GW gas-fuelled Homer City Generation. With this approval in hand, developers complete site readiness and start construction, with first electricity targeted by 2027. “Receiving air quality plan approval is a major milestone for our team, our partners, and - [German industry criticises EU rules on ‘industrial electricity price’](https://gastopowerjournal.com/news/regulationpolicy/german-industry-criticises-eu-rules-on-industrial-electricity-price/) - BDI, the Federation of German Industries, has sharply criticised EU guardrails on Berlin’s proposed ‘industrial electricity price.’ From January 1, 2026, eligible companies would pay no more than 5 €cents per kWh – substantially below current wholesale electricity prices. This subsidy would be capped at 50% of each company’s annual electricity consumption, throwing a life-line - [2025 November 21](https://gastopowerjournal.com/weekly-news/2025-november-21/) - [Wärtsilä engines to supply offgrid power for US data center](https://gastopowerjournal.com/news/projectsandfinance/wartsila-engines-to-supply-offgrid-power-for-us-data-center/) - Finish technology group Wärtsilä has won a contract to deliver 27 engines for an off-grid power station at a new data center, under construction in the Untied States. The gas-fuelled engines, with a capacity of 507 MW combined, will be delivered in 2027. More and more data centers invest in offgrid power station as access - [Germany lowers grid fees and power tax, upholds RES targets](https://gastopowerjournal.com/news/regulationpolicy/germany-lowers-grid-fees-and-power-tax-upholds-res-targets/) - The German government has agreed to reduce network charges and electricity taxes, while upholding renewable expansion targets. A new ‘industrial electricity’ price – along with a short-term tender for 12 GW of dispatchable capacity – is meant to revive Germany’s industrial core. Industry observers hailed the 12 GW tender as a first step towards a - [Prime Infra buys 60% of FirstGen gas assets](https://gastopowerjournal.com/news/market/prime-infra-buys-60-of-firstgen-gas-assets/) - Prime Infrastructure Capital has completed its $850 million (PHP 50 billion) acquisition of a 60% stake in FirstGen’s gas subsidiaries, giving it control of the Batangas LNG import terminal and more than 3,200 MW of gas-fired capacity. The Floating Storage and Regasification Unit (FSRU), chartered from BW LNG, is situated at the First Gen Clean - [MHI steam turbines for Baton Rouge Plant](https://gastopowerjournal.com/uncategorized/mhi-steam-turbines-for-baton-rouge-plant/) - Nov 20 – ExxonMobil has ordered a steam turbine with a low-carbon footprint from MHI Compressor International for its olefins plant in Baton Rouge, Louisiana. The turbine is scheduled to be delivered in early 2027. - [Quantum3 completes fire tests](https://gastopowerjournal.com/news/brief-news/quantum3-completes-fire-tests/) - Nov 18 – Wärtsilä has completed fire safety and explosion tests for its battery energy storage system, Quantum3. The three tests simulated worst-case fire and/or explosion scenarios, providing valuable data to manufacturers, first responders, customers, and regulators. - [ENEA orders H-class turbines for Kozienice power plant conversion](https://gastopowerjournal.com/news/projectsandfinance/poland-enea-orders-h-class-turbines-for-kozienice-conversion/) - ENEA Group, a Polish energy company with 6.3 GW installed capacity, has ordered two 9HA.01 turbines from GE Vernova to convert the Kozienice power plant from coal to gas. The new gas-fired units will deliver 1.2 GW of electricity, with operation scheduled to start in 2029. The two new gas combined-cycle power blocks at Kozienice - [Public anger grows in the US over rising power prices](https://gastopowerjournal.com/news/market/public-anger-grows-in-the-us-over-rising-power-prices/) - US voters growing anger over rising electricity bills helped Democrats win over two seats on the Georgia Public Service Commission. Democrats Peter Hubbard and Alicia Johnson defeated two Republican incumbents, with Hubbard vowing to “work tirelessly to lower utility costs.” “Affordability is front and center in voters’ minds, and they overwhelmingly said they’re tired of - [Total buys 50% of EPH’s flexible power assets](https://gastopowerjournal.com/news/brief-news/total-buys-50-of-ephs-flexible-power-assets/) - Nov 17 – TotalEnergies has signed a deal with the Czech utility EPH to buy 50% of its gas- and biomass-fired power plants in Italy, France, the Netherlands, Ireland and the UK, valued at €10.6 billion. Under the agreement, EPH will receive the equivalent of €5.1 billion in TotalEnergies shares. - [Economies in Southeast Asia rely too much on fossil fuels; ADB says](https://gastopowerjournal.com/news/market/economies-in-southeast-asia-rely-too-much-on-fossil-fuels-adb-says/) - The Asian Development Bank (ADB) has criticised the high dependence of Southeast Asia on fossil fuels in their energy mix which makes reginal economies exposed to volatile fuel prices and supply disruptions. Singapore is the most dependent, with coal, oil and gas imports far exceeding domestic supply. To mitigate the risk of price spikes, the - [Hyperscale analytics – decoding the data behind the build race](https://gastopowerjournal.com/news/market/hyperscale-analytics-decoding-the-data-behind-the-build-race/) - Decisions of hyperscalers – such as Google Cloud, Meta, Microsoft and AWS – dictate where electricity flows and how billions in capital are deployed. Responding to grid access constraints, data center developers increasingly shift their focus on markets in Southeast US and Asia Pacific, DC Byte's 2025 Global Data Center Index shows. In mature hubs - [B.C. power line, Ksi Lisims LNG added to Canada’s major projects list](https://gastopowerjournal.com/news/projectsandfinance/b-c-power-line-ksi-lisims-lng-added-to-canadas-major-projects-list/) - Canadian Prime Minister Mark Carney has listed the proposed Ksi Lisims LNG export facility as a fast-track nation-building project. The 12 mtpa floating LNG terminal, along with a related power line, would add an estimated $4 billion annually to the Canadian GDP. Carney is keen to accelerate the project to bolster the Canadian resources-dependent economy, - [Kuwait includes 15 tenders in current fiscal budget](https://gastopowerjournal.com/news/projectsandfinance/kuwait-includes-15-tenders-in-current-fiscal-budget/) - Kuwait’s Ministry of Electricity, Water and Renewable Energy has included tenders for power plant modernisation in its budget for the fiscal year 2025/26. The ministry’s KD 3.106 billion (US$10.13bn) budget earmarked 15 tenders for the upgrade and maintenance of the Doha East power station. These tenders are about to be submitted to the Kuwait’s Agency - [Blackstone commits $1.2bn to develop first CCGT in West Virginia](https://gastopowerjournal.com/news/projectsandfinance/blackstone-commits-1-2bn-to-develop-first-ccgt-in-west-virginia/) - Blackstone Energy Transition Partners has committed to invest $1.2 billion to develop Wolf Summit Energy, a fully contracted 600 MW greenfield combined-cycle gas turbine (CCGT) facility in Harrison County, West Virginia. The company reached a Final Investment Decision (FID), proceeding with site works in early 2026. Wolf Summit will become West Virginia’s first CCGT designed - [Chevron plans 2.5 GW plant in Texas](https://gastopowerjournal.com/news/brief-news/chevron-plans-2-5-gw-plant-in-west-texas/) - Nov 14 – Chevron has selected a site in Pecos, near the Permian Basin in West Texas, for is a first-of-its-kind 2.5 GW off-grid gas-fired power plant. First electricity from the plant is expected by 2027, sold forward to Texas’ expanding data center industry, with the option to expand the plant’s output to 5 GW - [2025 November 14](https://gastopowerjournal.com/weekly-news/2025-november-14/) - [German Stadtwerke face €350bn funding gap for energy networks](https://gastopowerjournal.com/news/market/german-stadtwerke-face-e350bn-funding-gap-for-energy-networks/) - German municipal utilities, the so-called Stadtwerke, will need to invest €535 billion in regional electricity, gas, and district heating networks by 2045. Existing financing tools are deemed “insufficient” to meet massive capital requirements during the energy transition, a PWC study, commissioned by the state development bank KfW finds. Only about one-quarter of the investment needs - [Saudi Arabia’s Jafurah development reshapes regional gas market](https://gastopowerjournal.com/news/market/saudi-arabias-jafurah-development-reshapes-regional-gas-market/) - Saudi Aramco is preparing to tap the giant Jafurah shale gas basin in a bid to reduce oil dependence, positioning the Kingdom as a potential LNG exporter. Aramco CEO Amin Nasser singled out the field’s “huge” growth potential, but analysts doubt the Saudi gas market can absorb all the extra supply. Jafurah contains vast reserves - [Mitsubishi bags order in Taiwan](https://gastopowerjournal.com/news/brief-news/mitsubishi-bags-order-in-taiwan/) - Nov 12 – Mitsubishi Power has received an order for an H-25 gas turbine from Chang Chun Petrochemical, which plans to convert the cogeneration power plant at its Miaoli factory. The new turbine, with an output of 30 MW, will replace the plant’s ageing heavy oil and coal-fired boilers, due operational by the end of - [IEA: Wave of new LNG exports to bolster demand into 2030s](https://gastopowerjournal.com/news/market/iea-wave-of-new-lng-exports-to-bolster-demand-into-2030s/) - As global oil demand levels off, a “wave of new LNG exports” is putting downward pressure on prices and extends natural gas demand growth into the 2030s, the International Energy Agency's (IEA) 2025 World Energy Outlook finds. Two scenarios the Stated Policies Scenario (STEPS) and the Current Policies Scenario (CPS) – present two views on - [Sembcorp wins solar and battery project in India](https://gastopowerjournal.com/news/projectsandfinance/sembcorp-wins-solar-and-battery-project-in-india/) - Sembcorp Industries has secured a 150 MW firm and dispatchable renewable power project by SJVN Ltd, a state-owned joint venture. The build-own-operate project forms part of SJVN’s 1,500 MW x 4 hours tender, aimed at delivering 6,000 MW of dispatchable peakload power to the grid. To meet the contracted capacity, Sembcorp will install a hybrid - [Fossils to linger on for longer in North America](https://gastopowerjournal.com/news/market/fossils-to-linger-on-for-longer-in-north-america/) - Policy reversals are prolonging the use of fossil fuels in North America’s energy system. Before US policy changes, fossil fuels were forecast to cover 45% of final energy demand by 2025 – now the share has risen to 50%, DNV analysis finds. The Trump administration has rolled back carbon regulations and cut short support for - [Indonesia’s renewables surge to reshape gas power sector](https://gastopowerjournal.com/news/market/indonesias-renewables-surge-to-reshape-gas-power-sector/) - Indonesia’s rapid renewables build-out is set to reshape, but to diminish, the role of gas in the power mix. According to GlobalData, Indonesia’s installed renewable capacity will soar from currently 8.4 GW to 38.1 GW by 2035, growing at a rate of 14.7%. Indonesia is entering a “dual-track” energy phase – rapidly expanding renewables while - [Ansaldo completes Modugno CCGT upgrade](https://gastopowerjournal.com/news/brief-news/ansaldo-completes-modugno-ccgt-upgrade/) - Nov 10 – Ansaldo Energia has completed the project to modernize Unit 1 of the Modugno combined cycle power plant owned by Sorgenia. The plant, located near the city of Bari in Southern Italy, has a nominal power rate of 810 MW. As part of this project, ABB has evolved the plant’s existing gas turbine - [MHI’s reports strong order intake, increases revenue forecasts](https://gastopowerjournal.com/news/market/mhis-reports-strong-order-intake-increases-revenue-forecasts/) - Heavy Industries (MHI) has seen its order intake for energy systems rise 8.5% year-on-year to ¥3,314.7 billion in the first half of 2025, amid strong demand for combined-cycle gas turbines. Orders for 23 large frame gas turbine units, up 14 units year-on-year, were concluded, mostly with customers in North America and Asia. Revenue gains largely - [Qatar threatens to halt LNG supply to Europe in legal row](https://gastopowerjournal.com/news/market/qatar-threatens-to-halt-lng-supply-to-europe-in-legal-row/) - Qatar’s energy minister Saad al-Kaabi has threatened to halt LNG supplies to the European Union if the bloc proceeds with its planned supply chain directive. Katherina Reiche, the German energy minister will address the issue during her visit in Qatar this week. “If the European Union insists on enforcing this directive, Qatar will have to - [KMW and INNIO to build peaking power plant in Mainz](https://gastopowerjournal.com/news/projectsandfinance/kmw-and-innio-build-peaking-power-plant-in-mainz/) - KMW, municipal utility Kraftwerke Mainz-Wiesbaden, has contracted INNIO to deliver twelve modular energy systems for a new 54 MW peaking power plant in Mainz. The plant is due commissioned by the end of 2027 and will partly power the nearby ‘Green Rocks’ data center. The decentralized power plant will serve as backup in case of - [B&W to deliver gas technology for 1 GW data center project](https://gastopowerjournal.com/news/projectsandfinance/bw-to-deliver-gas-technology-for-1-gw-data-center-project/) - Babcock & Wilcox Enterprises (B&W) has signed limited notice to proceed with Applied Digital to begin with the delivery and installation of gas technology that will provide 1 GW of electricity for an AI Data Center project. The $1.5 billion contract, underpinning the project, will be released int the first quarter of 2026. The deal - [ProPetro to power hyperscale data center in the Midwest](https://gastopowerjournal.com/news/projectsandfinance/propetro-to-power-hyperscale-data-center-in-the-us-midwest/) - ProPWR, a division of the Texan well completion service provider ProPetro, has signed its first long-term power supply contract to provide 60 MW to a hyperscale data center in the US Midwest region. Under the deal, ProPWR will deploy a hybrid system that integrates battery storage with recip gas engines. The solution will allow to - [US utilities to add nearly 19 GW of CCGT capacity by 2028](https://gastopowerjournal.com/news/market/us-utilities-to-add-nearly-19-gw-of-ccgt-capacity-by-2028-2/) - Power plant developers in the US plan to add 18.7 gigawatts of combined-cycle capacity to the grid by 2028, with 4.3 GW under construction. In contrast, a 98 MW unit at Plaquemines LNG terminal was the only open-cycle unit to come online last year. Developers plan to add 18.7 gigawatts (GW) of combined-cycle capacity to - [Quanta expands total solution platform](https://gastopowerjournal.com/news/brief-news/quanta-expand-total-solution-platform/) - Oct 31 – Houston-based Quanta Services will expand its total solution’s platform, designed to support infrastructure convergence and load growth. As a demonstration of this platform's scalability, NiSource, has engaged Quanta to design, procure and build assets to generate 3 GW of electricity for a large load customer. - [Macquarie commits $450m financing for Sandow Lakes CCGT in Texas](https://gastopowerjournal.com/news/projectsandfinance/macquarie-commits-450m-for-sandow-lakes-ccgt-in-texas/) - Macquarie Asset Management has provided a $450 million (€386m) financing facility to Sandow Lakes Energy Station, supporting the construction of a 1.2 GW combined-cycle gas turbine project in Lee County, Texas. The financing allows the developer to purchase long-lead time equipment, notably two Siemens SGT6-9000HL gas turbines. Demand for gas turbines and CCGT equipment as - [2025 October 31](https://gastopowerjournal.com/weekly-news/2025-october-31/) - [Iraq turns to Excelerate to secure LNG for power gen](https://gastopowerjournal.com/news/market/excelerate-to-deploy-iraqs-first-flng-terminal/) - Starting from 2026, Iraq can make use of a floating LNG import terminal – chartered from Excelerate – to secure reliable fuel for power generation and reduce dependence on Iranian gas imports. Under the $450 million project, the Texas-based firm will provide both the floating storage and regasification unit (FSRU) and the LNG supply, offering - [Merchant model could make UK CCS projects a ‘viable business’](https://gastopowerjournal.com/news/market/merchant-model-could-make-uk-ccs-projects-a-viable-business/) - Carbon Capture and Storage (CCS) in the UK could evolve into a viable international business, if the merchant model was applied to developing Track-1 projects, notably the East Coast Cluster. Researchers at Arup also urge Whitehall to fully commit to two further CCS clusters: Acorn in northern Scotland and Viking on Humberside, both due onsteam - [LA advances H2 co-firing](https://gastopowerjournal.com/news/brief-news/la-advances-h2-co-firing/) - Oct 29 – The Los Angeles Department of Water and Power board has approved a controversial $800 million plan to convert part of the city’s largest gas-fired power plant to also burn hydrogen. Units 1&2 of the Scattergood Generating Station will be upgraded with new turbines, capable to burn a mix of natural gas and - [JERA on buying spree, signs LoI for Alaskan LNG](https://gastopowerjournal.com/news/market/jera-on-buying-spree-signs-loi-for-alaskan-lng/) - Japan’s largest power generator JERA today signed a Letter of Intent (LoI) to purchase 1 mtpa of liquefied natural gas from the Alaska LNG project over a 20-year term on a Free-on-Board basis. JERA is on a buying spree, and CEO Yukio Kani seeks to procure some 5.5 mtpa through long-term contracts to meet future - [RWE eager to proceed on H2-ready power plant in Voerde](https://gastopowerjournal.com/news/hydrogen/rwe-eager-to-proceed-on-h2-ready-power-plant-in-voerde/) - Germany’s largest power producer RWE is ready to build an 850 MW combined-cycle power station in Voerde that would co-fire 50% hydrogen from the get-go. Completion is targeted by 2030, and RWE is eager to bid in a tender – but the regulatory framework is still pending. To start construction promptly, should RWE win the - [US retail price premiums soar, won’t peak until 2030](https://gastopowerjournal.com/news/market/us-retail-price-premiums-soar-wont-peak-until-2030/) - US retail consumers face astronomical increases in electricity costs, paying 300% premiums for power depending on the region. Most hardly hit are markets requiring grid upgrades such as New England’s NE-ISO, California’s CAISO and New York State’s NYISO. Retail power prices throughout the US have risen 13% since 2022, outpacing the Consumer Price Index (CPI). - [Energy resilience tops clean energy targets; Siemens survey finds](https://gastopowerjournal.com/news/market/energy-resilience-tops-clean-energy-targets-siemens-survey-finds/) - More than half of business leaders view resilience and energy independence as centre stage in their top priorities, not climate goals. 57% of executives surveyed by Siemens plan higher fossil fuel investment through to 2027. “Policy uncertainty is a growing threat to the success of the energy transition,” some 63% of respondents noted. Today’s industry - [GE kicks off post-combustion carbon capture study in Singapore](https://gastopowerjournal.com/news/technologyinnovation/ge-kicks-off-post-combustion-carbon-capture-study-in-singapore/) - GE Vernova and YTL PowerSeraya have launched a feasibility study to explore capturing at least 90% carbon dioxide emissions at YTLPS’ 600 MW combined-cycle power plant on Jurong Island. The study is co-funded by Singapore’s Energy Market Authority, as one of five post-combustion CCS projects. The regulator had launched a grant call last October, inviting - [Wärtsilä to deliver Australia’s largest DC-coupled hybrid battery](https://gastopowerjournal.com/news/energy-storage/wartsila-to-deliver-australias-largest-dc-coupled-hybrid-battery/) - The Finish manufacturer Wärtsilä has been contracted to deliver a large DC-coupled energy storage system in Australia, co-located with renewable generation. The hybrid project is scheduled to be operational in 2028. The new battery system, capable of powering up to 120,000 homes and businesses, will directly link solar generation with battery storage via a DC/DC - [EWEC and partners announce start-up of Fujairah F3 IPP](https://gastopowerjournal.com/news/projectsandfinance/ewec-and-partners-announce-start-up-of-fujairah-f3-ipp/) - Emirates Water and Electricity Company (EWEC), together with Abu Dhabi National Energy Company (TAQA), Marubeni, Mubadala Investment, and Hokuriku Electric, have today announced the start of full commercial operations at the Fujairah F3 Independent Power Producer (IPP) project. The 2.4 GW plant is powered by a Mitsubishi JAC-class gas turbine. Developed under the IPP model, - [European CCS projects delayed by 1.5 years on average](https://gastopowerjournal.com/news/market/european-ccs-projects-delayed-by-1-5-years-on-average/) - Most European CCS projects face delays of over 1.5 years, due to technical, legal and commercial barriers. The economics of capturing carbon do not add up at EU Emissions Trading System (ETS) prices, averaging $70 per tonne. Levelized CCS cost for nearly all EU carbon capture projects, modelled by Wood Mackenzie, are higher than ETS - [LM6000 turbines to drive Isaac Power Station in Australia](https://gastopowerjournal.com/news/projectsandfinance/lm6000-turbines-to-drive-isaac-power-station-in-australia/) - Two LM6000* aeroderivative gas turbines will power Queensland Pacific Metals’ (QPM) new Isaac Power Station, delivering up to 112 MW. The plant, situated in Queensland’s Bowen Basin region, is scheduled to begin operations by mid-2027. The turbines, manufactured by GE Vernova, can run on QPM’s existing natural gas reserves or on waste gas from nearby coal - [Burckhardt opens service centres in Canada and the US](https://gastopowerjournal.com/news/projectsandfinance/burckhardt-opens-service-centres-in-canada-and-the-us/) - Burckhardt Compression has opened two regional centers in Sarnia, Ontaria, and Pottstown, Pennsylvania, with a view to providing faster, more cost-efficient and locally responsive services across North America. The new 1,022 m², Pottstown service center, just outside US city of Philadelphia, expands coverage for customers across the Northeast and Mid-Atlantic regions. Fully equipped for valve, - [GE opens repair centre in Neuquén](https://gastopowerjournal.com/news/brief-news/ge-opens-repair-centre-in-neuquen/) - Oct 27 – GE Vernova has opened its new Repair Service Center in Neuquén Province, Argentina. The facility will initially support LMS100* turbine maintenance and will expand to include LM2500* and LM6000* platforms by late 2026. This phased approach lowers capital expenditure and facilitates a faster return on investment. The US manufacturer hopes its enhanced - [2025 October 24](https://gastopowerjournal.com/weekly-news/2025-october-24/) - [IMI hits 750th EroSolve order](https://gastopowerjournal.com/news/brief-news/imi-hits-750th-erosolve-order/) - Oct 24 – The EroSolve Wet Steam solution, developed by IMI, has crossed the milestone of 750 orders from power and process plants across the globe. Its primary function is to protect turbine by-pass valve internals from condensate erosion, especially during initial plant start-up. - [US gas exports to Mexico reach new records](https://gastopowerjournal.com/news/market/us-gas-exports-to-mexico-reach-new-records/) - Rising gas-burn in Mexico has sparked a drastic rise in US pipeline gas exports, reaching a record 7.5 Bcf/d in May. More than 70% of exported US gas volumes are currently used for power generation, though feedgas demand is bound to rise once the Altamira FLNG 2 and Energia Costa Azul start liquefaction and export. - [Mitsubishi, JEL to build S$1bn hydrogen-ready power plant](https://gastopowerjournal.com/news/projectsandfinance/mitsubishi-jel-appointed-to-build-s1bn-hydrogen-ready-power-plant/) - PacificLight Power has appointed Mitsubishi Power and Jurong Engineering Limited (JEL) to build a S$1 billion hydrogen-ready power plant. The 670 MW combined-cycle power plant on Singapore’s Jurong Island is scheduled for commissioning in 2029. From the get-go, the power station will be able to co-fire 30% hydrogen together with natural gas and it is - [Green energy stocks stage a comeback, spike at 35% TRI](https://gastopowerjournal.com/news/market/green-energy-stock-stage-a-comeback-spike-at-35-tri/) - The green total return index (TRI) has staged a growth spike of 35% between March and October, beating the total return of the general market by 25% and, according to Rystad Energy, “are leaving most upstream oil and market indexes in the dust.” The recent index rally was driven predominantly by CATL, Doosan, Sungrow and - [Hyliion’s KARNO Power Module succeeds in emission testing](https://gastopowerjournal.com/news/technologyinnovation/hyliions-karno-power-module-succeeds-in-emission-testing/) - The KARNO Power Module, developed by Hyliion, has met rigours US air-quality standards. Operating on pipeline natural gas, the system achieved less than 2.5 parts per million (PPM) of nitrogen oxides (NOx) and low single-digit PPM levels of carbon monoxide (CO) – far below the 12 PPM CO limit. These results were reached without any - [GE faces $119 billion order backlog, stretching into 2028](https://gastopowerjournal.com/news/market/ge-faces-119-billion-order-backlog-stretching-into-2028/) - The order backlog of GE Vernova for essential energy equipment, including gas turbines, power transformers, and switchgear, now stands at approximately $119 billion, extending well into 2028. CEO Scott Strazik disclosed AI projects account for only a minor portion of the backlog. “We see a pretty steady backlog growth in gas through this year, and - [NuQuest seeks partners](https://gastopowerjournal.com/news/brief-news/nuquest-seeks-partners-2/) - Oct 22 – US energy developer NuQuest is seeking for long-term operating partners for various projects, notably 2.2 GW of solar PV and battery storage for to power a greenfield a data center. Projects are situated in the MISO-South, encompassing parts of Arkansas, Louisiana, Mississippi, and Texas. - [Sembcorp considers $600m bet on Thai gas power assets](https://gastopowerjournal.com/news/market/sembcorp-considers-600m-bet-on-thai-gas-power-assets/) - Singapore’s Sembcorp Industries is in advanced discussions to spend up to $600 million for a 30% stake in the gas-fired power business for Thailand’s B.Grimm Power, valuing that business at $2 billion. The assets under consideration form the core of B.Grimm’s portfolio, accounting for roughly two-thirds of its total 2.6-gigawatt capacity. The plants primarily operate - [Germany may halve gas power build-out due to EU setback](https://gastopowerjournal.com/news/regulationpolicy/eu-setback-forces-germany-to-scale-back-gas-power-build-out/) - Germany has to scale back its plan to build 20 GW of new gas-fired power capacity – potentially by nearly half – due to regulatory pressure from the EU. The cutback could tighten electricity supply, putting upward pressure on prices. Hard-fought negotiations are still ongoing, yet observers reckon that the EU will initially agree to - [Financing of $6.5 billion secured for two Saudi IPPs](https://gastopowerjournal.com/news/projectsandfinance/financing-of-6-5bn-secured-for-two-saudi-ipps/) - Acwa Power has secured financing of SAR13.4 billion, equal to $3.6 billion for the Qurayyah independent power producer (IPP) project situated in the Eastern province of Saudi Arabia. Meanwhile, Haja Two Electricity Company, an Acwa affiliate, received a SAR10.8 billion ($2.9 billion) loan for a combined-cycle gas turbine (CCGT) project with a planned generation capacity - [VoltaGrid and Halliburton deliver distributed power for AI industry](https://gastopowerjournal.com/news/projectsandfinance/voltagrid-and-halliburton-deliver-distributed-power-for-ai-industry/) - VoltaGrid and Halliburton have teamed up to deploy distributed power for data centers worldwide, with the first roll-out focussed on the Middle East. Initial deployments are targeted before the end of 2025, based on a rapidly scalable, modular approach. The power generation systems are designed to utilise turbines, reciprocating engines, and VoltaGrid’s proprietary QPac platform. - [South Africa plans to add 16 GW gas power and 5.2 GW nuclear capacity](https://gastopowerjournal.com/news/market/south-africa-plans-to-add-16-gw-of-gas-power-and-5-2-gw-of-nuclear/) - The South African government is taking a bold move to invest R2.2 trillion, approximately 30% of the country’s GDP, into an Integrated Resource Plan (IRP), stipulating 16,000 MW of new gas generation as well as 5,200 MW of new nuclear capacity by 2030. The investment would herald a major transformation of South Africa’s energy mix - [Pemco to build 200 MW gas-piston plant](https://gastopowerjournal.com/news/brief-news/pemco-to-build-200-mw-gas-piston-plant/) - Oct 21 – Private Saudi Arabian developer Pemco will built a new gas-piston power plant with 200 MW capacity in Uzbekistan. Construction is scheduled to start before the end of this year, following a meeting of the Uzbek President Shavkat Mirziyoyev with the head of major Saudi energy companies, notably ACWA Power, Data Volt and - [Launch of Egypt’s new FSRU in Damietta alleviates gas shortage](https://gastopowerjournal.com/news/market/launch-of-egypts-new-fsru-in-damietta-alleviates-gas-shortage/) - Arrival of the first LNG cargo marks the launch of EGAS’ new floating storage and regasification unit (FSRU) in Damietta, helping to alleviate fuel shortages in Egypt’s power sector. Gas-burn covers currently over 60% of Egypt’s electricity needs, and imports via the ‘Energos Winter’ FSRU will be crucial for meeting peak power demand through 2026. - [R.Power sell BESS in Romania](https://gastopowerjournal.com/news/brief-news/r-power-sell-bess-in-romania/) - Oct 20 – Warsaw-headquartered R.Power has launched the divestment process for a 200 MW / 400 MWh battery energy storage system (BESS) in Romania. The ready-to-build BESS near Bucharest, known as ‘Project Tessara’, is well-positioned for grid flexibility services and the sale allows R.Power to monetise the value rather than carrying development risk all the - [Risk of US LNG export shut-ins looms large from 2029](https://gastopowerjournal.com/news/market/risk-of-us-lng-export-shut-ins-looms-large-from-2029/) - Risks abound that some US LNG export capacity will be shut in starting from 2029. If Asia cannot absorb the excess supply by adding import capacity through FSRUs, and there are successive mild winters, analysts reckon the global market will need US shut-ins to balance. Energy Aspects’ balances assume a 139 million ton increase in - [US utilities add nearly 19 GW of CCGT capacity by 2028](https://gastopowerjournal.com/news/market/us-utilities-to-add-nearly-19-gw-of-ccgt-capacity-by-2028/) - Developers plan to add 18.7 gigawatts of combined-cycle capacity to the US power grid by 2028, with 4.3 GW under construction. In contrast, a 98 MW unit at Plaquemines LNG terminal was the only open-cycle gas power unit to come online last year. Though gas-fuelled generators have been the largest source of electricity in the - [Grid investment is key for Italy to meet 2030 climate targets](https://gastopowerjournal.com/news/market/grid-investment-is-key-for-italy-to-meet-2030-climate-targets/) - Without urgent transmission upgrades, Italy could waste 82 TWh of renewable energy by 2050 – about 16% of national demand. A ‘Renewables Ambition’ pathway, proposed by GE Vernova, requires wind and solar capacity to double to 90-100 GW by 2030, backed up by at least 40 GW of battery energy storage and up to 17 - [2025 October 17](https://gastopowerjournal.com/weekly-news/2025-october-17/) - [EU supports full ban on Russian gas imports from 2028](https://gastopowerjournal.com/news/market/eu-supports-full-ban-on-russian-gas-imports-from-2028/) - European Union energy ministers will endorse a full ban on Russian gas imports from January 1, 2028, an EU diplomat indicated. The ban would leave an estimated 15 bcm/y of Russian LNG needing replacement with cargoes from Qatar, West Africa and especially from the US poised to cover most of the shortfall. Already this winter, - [INNIO helps stabilise Indonesian grid](https://gastopowerjournal.com/news/brief-news/innio-helps-stabilise-indonesian-grid/) - Oct 16 – INNIO and PT MPower Daya Energia agreed to supply Jenbacher gas engines with 80 MW combined for grid stabilization in Indonesia. Infra Daya Group has a strong presence in Indonesia and Myanmar from an installed engine capacity of 335 MW. - [Delays to Australia’s energy transition could add $75bn electricity costs](https://gastopowerjournal.com/news/market/delays-to-australias-energy-transition-could-add-75bn-electricity-costs/) - Wholesale electricity costs in Australia are at risk of rising by 15.7% to 21.5% through 2050, amounting to an additional cost burden of US$75.45 billion as delayed grid buildout hampers the addition of renewables and increases reliance on gas generation. Nexa Advisory CEO Stephanie Bashir thinks gas should keep a “small back-up role” in the - [Greenflash buys Rock Rose battery from Advanced Power](https://gastopowerjournal.com/news/energy-storage/greenflash-buys-rock-rose-battery-from-advanced-power/) - Greenflash Infrastructure has agreed to acquire Rock Rose – a 200 MW / 400 MWh pre-Notice-to-Proceed stand-alone battery energy storage project – from Advanced Power. Located in Fort Bend County, Texas, the battery will support grid reliability in the Houston and Freeport areas from mid-2027. “This acquisition adds near-term, execution-ready capacity toward our 5 GW - [Mitsubishi unveils first Saudi-assembled JAC turbine in Dammam](https://gastopowerjournal.com/news/technologyinnovation/mitsubishi-unveils-first-saudi-assembled-jac-turbine-in-dammam/) - Mitsubishi Power, part of MHI, has inaugurated its first M501JAC gas turbine assembled in Dammam, marking a 60-year collaboration with the Saudi Kingdom. The turbine will be delivered to the 475 MW Amiral cogeneration plant at Jubail to supply electricity and steam to Aramco’s SATORP petrochemical complex. At Dammam, Mitsubishi Power assembles heavy duty gas - [Oil India to fuel Assam power station](https://gastopowerjournal.com/news/brief-news/oil-india-to-fuel-assam-power-station/) - Oct 15 – Oil India has signed a sales and purchase agreement with North Eastern Electric Power Corp (NEEPCO) to supply 1.4 mmscm/d of natural gas to the latter’s Asam power station for 15 years. The accord draws on NEEPCO’s strong reserve base ensuring sustained gas supply from comparatively cheap domestic resources. - [Wärtsilä launches software to boost battery storage revenue](https://gastopowerjournal.com/news/technologyinnovation/wartsila-launches-software-to-boost-battery-storage-revenue/) - Cell-to-fleet data analytics is at the core of Wärtsilä’s debuted GEMS Pulse software, designed to help energy storage operators reclaim unused capacity and reduce operational risk. Even small inaccuracies can have a big impact: a 5% state-of-charge (SoC) error could result in annual revenue loss of approximately $10,000 per megawatt (MW), according to Wärtsilä calculations. - [Hitachi partners with NVIDIA to power AI infrastructure](https://gastopowerjournal.com/news/technologyinnovation/hitachi-partners-with-nvidia-to-power-ai-infrastructure/) - Hitachi Energy will support NVIDIA’s newly launched 800-volt direct-currentpower architecture, paving the way for large energy-efficient ‘AI factories.’ Grid-to-rack architecture, developed by Hitachi, streamlines the flow of electricity directly from the grid into the servers. Instead of multiple AC-to-DC conversion stages—which each waste energy and generate heat—Hitachi’s system employs high-efficiency DC transmission and conversion technology. - [Mitsubishi wins order for BFG-fired M100S turbine](https://gastopowerjournal.com/news/projectsandfinance/chinese-steelmaker-orders-first-m100s-bfg-turbine/) - Mitsubishi Power has received the first order for its newly developed M100S gas turbine, designed for blast furnace gas (BFG)-fired plants. The order was placed by the Chinese steelmaker Jiangsu Lihuai , with the turbine set to power a 100 MW combined-cycle power plant at a steel mill starting 2027. The M100S turbine will be - [Gas to remain large share of energy mix beyond 2050](https://gastopowerjournal.com/news/market/gas-to-remain-large-share-of-energy-mix-beyond-2050-mckinsey-finds/) - Natural gas will remain a mainstay in the global energy mix, supplying 40-60% of worldwide demand by 2050, even as renewables grow rapidly, McKinsey forecasts. Rather than a sharp peak and subsequent decline, demand for fossil fuels is anticipated to stabilise over the coming ten years. “This decade is best characterized as a span of - [ExxonMobil gets greenlight for $5bn LNG-to-power plant in Vietnam](https://gastopowerjournal.com/news/projectsandfinance/exxonmobil-gets-greenlight-for-5bn-lng-to-power-plant-in-vietnam/) - ExxonMobil has been authorised to develop a $5.09 billion LNG terminal and adjacent gas-fuelled power plant in the Vietnamese port city of Hai Phong. The LNG import terminal is approved with a capacity of 6 mtpa, enough to fuel 2.25 GW of power generation capacity that is scheduled to start operations by 2026/27. Local authorities - [Brigg breakthrough](https://gastopowerjournal.com/news/brief-news/brigh-breakthrough/) - Oct 13 - British Gas owner Centrica and National Gas have completed what they call the UK’s first “real life” test of hydrogen blending. In the trial, a 2% blend of green hydrogen was injected into the gas grid and used to generate electricity at Centrica’s Brigg Power Station. - [Centrica completes first ‘real life’ H2 blending trial](https://gastopowerjournal.com/news/hydrogen/centrica-completes-first-real-life-h2-blending-trial/) - British Gas owner Centrica and National Gas have completed what they call the UK’s first “real life” test of hydrogen blending. In the trial, a 2% blend of green hydrogen was injected into the gas grid and used to generate electricity at Centrica’s Brigg Power Station. Gradual blending is the process of choice for National - [Doosan Enerbility bags first gas turbine export order](https://gastopowerjournal.com/news/projectsandfinance/doosan-enerbility-bags-first-gas-turbine-export-order/) - South Korea’s Doosan Enerbility has secured its first export order for gas turbines, marking the company’s entry in the global power gen market. Under the contract, Doosan will deliver two 380 MW turbines for installation at an US data center’s onsite power plant with delivery due by the end of 2026. Though Doosan did not - [Construction starts for Thai Binh LNG power plant](https://gastopowerjournal.com/news/projectsandfinance/construction-starts-for-thai-binh-lng-power-plant/) - Ground has been broken on the 1,500 MW Thai Binh LNG-fuelled power plant in Vietnam on Friday to mark the start of construction of the $2.69 billion project. Construction is due completed by the fourth quarter of 2029 from when the plant is meant to generate between 6 and 10 billion kWh of electricity per - [JERA starts environmental review for two LNG power units at Chita](https://gastopowerjournal.com/news/projectsandfinance/jera-starts-environmental-review-for-two-lng-power-units-at-chita/) - Japan’s largest utility JERA is assessing the economics and environmental impact of building two 650 MW LNG-fuelled power units at its Chita thermal power station, and decommission five ageing coal units in return. No FID has been taken yet, though JERA underlined the new units No.7&8 are meant to have 63% gross thermal efficiency – - [LNG puts an end to gas-burn growth in the US](https://gastopowerjournal.com/news/market/lng-puts-an-end-to-gas-burn-growth-in-the-us/) - 2025 marked an end to a 13-quarter run of gas generation growth in the United States, where rising feedgas demand for LNG exports pushed up Henry Hub gas prices and made utilities switch to coal. According to Ember think tank, gas-burn fell by 34 TWh, or -3.9%, compared with a 44 TWh or 5.4% rise - [CCGT additions for West Virginia](https://gastopowerjournal.com/news/brief-news/west-virginia-utilities-plan-ccgt-additions/) - Oct 10 – Mon Power and Potomac Edison, subsidiaries of FirstEnergy, plan to add 1,200 MW of combined-cycle gas power generation and community solar capacity. In an Integrated Resource Plan (IRP), submitted to the Public Service Commission of West Virginia, the utilities argue the state’s growing industries need more “dependable, cost-effective” electricity supply. - [Talen launches Term Loan B to fund CCGT acquisitions](https://gastopowerjournal.com/news/projectsandfinance/talen-launches-term-loan-b-to-fund-ccgt-acquisitions/) - Talen Energy Supply is launching a $1.2 billion Term Loan B financing to underpin the acquisition of two gas power plants with 2,881 MW combined capacity. The assets up for grabs are Moxie Freedom Energy Center in Pennsylvania and Guernsey Power Station in Ohio. To fund the acquisitions, Talen has committed to increase its revolving - [2025 October 10](https://gastopowerjournal.com/weekly-news/2025-october-10/) - [Hai Lang LNG-to-power project strives for 2029 start-up](https://gastopowerjournal.com/news/projectsandfinance/hai-lang-lng-strives-for-2029-start-up/) - Vietnam's T&T Group is tackling legal hurdles to get the Hai Lang LNG-to-power project built and commissioned by mid-2029. With revised capital costs of more than $2.3 billion, the integrated LNG regas and power gen project can count on backing from the Korean trio Hanwha Energy, KOGAS and KOSPO. The Hai Lang LNG development includes - [Greenflash closes financing for ERCOT battery](https://gastopowerjournal.com/news/energy-storage/greenflash-closes-financing-for-ercot-battery/) - Greenflash Infrastructure, backed by H.I.G. Capital, has successfully closed a hybrid tax capital and debt financing for Project Soho – a 400MW/ 800MWh standalone battery storage system (BESS) in Brazoria County, Texas. Construction is ahead of schedule to start charging next March and achieve full commercial operation in the second quarter of 2026. The capital - [US pro-fossil fuel policies to delay emission reductions by 5 years](https://gastopowerjournal.com/news/market/us-pro-fossil-fuel-policies-to-delay-emission-reductions-by-5-years/) - US President Trump’s policy reversals and pro-fossil fuel agenda could delay global emission reduction targets by about five years, despite China’s pivot to renewables. DNV forecasts the energy mix to be split 51%-49% between fossil and non-fossil fuels in 2050. In contrast to Trump’s blatant ‘Drill, baby drill’ policies, Chinese policymakers support a rapid renewables - [Data center envisaged at JERA power plant site](https://gastopowerjournal.com/news/brief-news/data-center-envisaged-at-jera-power-plant-site/) - Oct 7 – The Japanese city of Yokohama and JERA have agreed to begin deliberations on a large-scale data center project at JERA’s thermal power station site in the port area. The planned facility will cover approximately 10 hectares. - [Higher margin, lower emission gives US LNG an edge over coal](https://gastopowerjournal.com/news/market/higher-margin-lower-emission-gives-us-lng-an-edge-over-coal/) - US LNG outperforms coal in economic terms and carbon intensity when evaluated over its full lifecycle for power generation. Two-thirds of US LNG originates from Haynesville and Northeast basins, where drier gas production with less associated liquids create favourable emission profiles, Wood Mackenzie finds. Methane intensities in Haynesville average below 1% compared to 1.7% in - [Ansaldo electrolyser to drive green hydrogen plant in Italy](https://gastopowerjournal.com/news/hydrogen/ansaldo-electrolyser-to-drive-green-hydrogen-plant-in-italy/) - An electrolyser made by Ansaldo Green Tech will be at the heart of the new green hydrogen production plant in the industrial area of Tito Scalo, in the Italian province of Potenza. With a capacity of 1 MW the Anion Exchange Membrane (AEM) electrolyser will be able to produce over 500 kg of green hydrogen - [US-Mexico energy trade value plunges on lower fuel prices](https://gastopowerjournal.com/news/market/us-mexico-energy-trade-value-plunges-on-lower-fuel-prices/) - Lower fuel prices have made the value of all energy trade United States and Mexico fall to $57 billion in 2024, down from nearly $72 billion the year before. The bulk of cross-border energy trade consists of petroleum products which shed 10% in value, while the value of natural gas trade plunged 31% due to - [Vistra receives FERC approval for power plant acquisition](https://gastopowerjournal.com/news/regulationpolicy/vistra-receives-ferc-approval-for-power-plant-acquisition/) - Vistra has secured Federal Energy Regulatory Commission (FERC) approval for its $1.77 billion acquisition of seven gas-fired power plants from Lotus Infrastructure Partners. The deal comprises assets with 2,600 MW combined capacity, drawn from five CCGTs and two combustion turbine plants, situated across PJM, New England, New York and California. The acquired assets comprise Fairless - [Vistra buys 2.6 GW of gas power assets from Lotus in $2bn deal](https://gastopowerjournal.com/news/projectsandfinance/vistra-buys-2-6-gw-of-gas-power-assets-from-lotus-in-2bn-deal/) - Fortune 500 power producer Vistra has agreed to acquire seven gas power plants from Lotus Infrastructure Partners. The assets – valued at $1.9 billion or approximately $743/kW – are situated in PJM, New England, New York, and California. The Irving, Texas-based company said it wants to finance the transaction through a combination of cash on - [JERA sells stake in Ohio IPP to US investment firm](https://gastopowerjournal.com/news/projectsandfinance/jera-divests-stake-in-ohio-ipp-to-us-investment-firm/) - Japan’s largest utility JERA has agreed to sell its 20% stake in the 700 MW Carroll County gas-fired power plant in Ohio to the investment firm Strategic Value Partners. JERA’s American subsidiary will reinvest the proceeds from the sale as it seeks to optimize its asset allocation. The divestment comes amid a broader industry trend - [45-second fast-start mtu genset on offer for US market](https://gastopowerjournal.com/news/technologyinnovation/45-second-fast-start-mtu-genset-on-offer-for-us-market/) - Rolls-Royce will expand its mtu gas generator portfolio in 2026 with a new 20-cylinder Series 4000 L64 engine, designed for the 60 Hz market. The unit delivers 2.8 MW within 45 seconds – a 10% performance boost over its predecessor and eliminates the need for a gearbox to save space in data center applications. The - [Xcel to add 5 GW capacity in Texas and New Mexico](https://gastopowerjournal.com/news/projectsandfinance/xcel-to-add-5-gw-capacity-in-texas-and-new-mexico/) - Xcel Energy is advancing plans to add more than 5 GW of power gen capacity to its Texas and New Mexico service territory over the next five years. First in line is the conversion of Tolk coal power station in Texas into a 928 MW gas-fired unit, and the construction of a 1,160 MW peaker - [2025 October 3](https://gastopowerjournal.com/weekly-news/2025-october-3/) - [Mitsubishi buys OT security provider](https://gastopowerjournal.com/news/brief-news/mitsubishi-buys-ot-security-provider/) - Oct 2 - Mitsubishi Electric has acquired Nozomi Networks, a provider of operational technology (OT) security solutions. Together, the two companies intend to deliver a “One-Stop OT Security Solution” to protect on-site equipment of power stations from cyber attacks. - [DEWA, Siemens Energy launch phase 2 of Plant Intelligent Controller](https://gastopowerjournal.com/news/technologyinnovation/dewa-siemens-energy-launch-phase-2-of-plant-intelligent-controller/) - Dubai Electricity and Water Authority (DEWA) has agreed to implement the second phase of Siemens Energy’s Plant Intelligent Controller (PIC) at M-Station. Initially deployed at Jebel Ali’s Power Block 40, the PIC closed-loop control system achieved a 2.2% gain in efficiency and annual fuel savings worth millions of dirhams. At M-Station – with a capacity - [Ansaldo completes upgrade at Alpiq’s San Severo CCGT](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-completes-upgrade-at-alpiqs-san-severo-ccgt/) - Ansaldo Energia has completed an upgrade of Alpiq’s San Severo combined-cycle power plant, improving efficiency by 0.9% which increases output by 43 MW. Early tests indicate the CCGT is “performing even better than expected,” the Italian turbine maker noted. The upgrade, finalized on schedule, includes work on the gas turbine, steam turbine, and generator to - [Vistra to build dispatchable gas power units in the Permian](https://gastopowerjournal.com/news/projectsandfinance/vistra-to-build-dispatchable-gas-power-units-in-the-permian/) - Vistra has taken a final investment decision (FID) to build two gas-fired power units, with 860 MW combined, on the site of its Permian Basin Power Plant. The expansion is part of Vistra’s wider plan to spend more than $1 billion and add over 2,000 MW of new dispatchable capacity in Texas’ ERCOT market by - [Iberdrola to splash out $18.5bn on US gas and power grid](https://gastopowerjournal.com/news/projectsandfinance/iberdrola-to-splash-out-18-5bn-on-us-gas-and-power-grid/) - Avangrid has announced plans of its Spanish parent company Iberdrola Group to spend $18.5 billion in the United States by 2028. Focus will be on expanding network capacity to support the build-out of data centers. The capital plan, revealed at Iberdrola’s Capital Markets Day, will be focusing on rebuilding and replacing aging infrastructure in electric - [ACWA Power awards Kent owner’s engineer role for Saudi H2 hub](https://gastopowerjournal.com/news/hydrogen/acwa-power-awards-kent-owners-engineer-role-for-saudi-h2-hub/) - ACWA Power has appointed Kent Group as owner’s engineer for the Yanbu Green Hydrogen Hub, designed to produce 400,000 tonnes per year. Production costs of green H2 in Saudi Arabia could fall below $1.50 per kg by 2030, among the cheapest worldwide. Located on the Red Sea, the Yanbu project will include 4 GW of - [Sembcorp bags 10-year PWPA for Oman Salah plant](https://gastopowerjournal.com/news/projectsandfinance/sembcorp-bags-10-year-pwpa-for-oman-salah-plant/) - Sembcorp Industries has bagged a new 10-year Power and Water Purchase Agreement (PWPA) with Nama PWP to supply 465 MW of electricity and 15 million imperial gallons of water per day from the Salalah Independent Water & Power Plant. The contract commences in on April 4, 2027, the day after the current 15-year PWPA expires, - [SEA wind capacity to reach 26 GW](https://gastopowerjournal.com/news/brief-news/sea-wind-capacity-to-reach-26-gw/) - Oct 1 – Onshore wind capacity in South East Asia (SEA) is estimated to rise from 6.5 Gigawatts in 2024 to nearly 26 GW by 2030. This build-out is driven by auctions, project awards and attractive feed-in tariffs (FITs) alongside rising acceptance of mainland Chinese wind turbines. Intermittent electricity supply from wind park, however, necessitates - [JERA decommissions coal units](https://gastopowerjournal.com/news/brief-news/jera-decommissions-coal-units/) - Sept 30 – Japan's largest utility JERA is pivoting from coal to gas, having just decommissioned the coal-fired Anegasaki power station Units 5 & 6, as well as Sodegaura Unit 1, Chita Unit 5, and Hirono Unit 2 with a combined capacity 3,254 MW. - [Funding awarded for H2 storage near UK power plant](https://gastopowerjournal.com/news/hydrogen/funding-awarded-for-h2-storage-near-uk-power-plant/) - Knapton H2 Storage, a consortium led by UK’s Northern Gas Networks, has been awarded ‘discovery’ funding to evaluate the geological storage potential near the Knapton Power plant. Funding comes as part of the regulator Ofgem’s ‘Revenue = Incentives + Innovation + Outputs’ (RIIO-2) price control for gas and electricity networks. The study will assess the - [ICE to list two trading points at Trinity Gas Storage](https://gastopowerjournal.com/news/market/ice-to-list-two-trading-points-at-trinity-gas-storage/) - Intercontinental Exchange (ICE) will launch two new trading points at Trinity Gas Storage’s Bethel facility in East Texas on October 1. Direct transactions in and out of the 24 Bcf gas storage facility will sharpen price transparency in one of the fastest-growing corridors for US LNG exports. The two new listing – one for injection - [FEED study for HPP2 delayed](https://gastopowerjournal.com/news/brief-news/feed-study-for-hpp2-delayed/) - Sept 29 – Hydrogen Production Plant 2 (HPP2), a planned 1,000 MW blue hydrogen facility at the Stanlow manufacturing complex in the UK's North West, is seeing delays in front-end engineering and design works. KBR was started with FEED works in September 2023 but it was not verifiably finalised in Q1-2024, as planned. Delays put - [Scaling up onsite power gen with CCS](https://gastopowerjournal.com/news/technologyinnovation/scaling-up-onsite-power-gen-with-ccs/) - Chart Industries and Bloom Energy seek to use natural gas, sequestration and fuel cells to generate electricity. KR Sridhar, Bloom Energy CEO explained the aim is “to demonstrate that cost-effective, onsite baseload power from natural gas with carbon capture is feasible at scale,” while captured CO₂, can be sold to the food and beverage industry. - [AEMO tender slated to open in early Q4](https://gastopowerjournal.com/news/projectsandfinance/aemo-tender-for-500-mw-firm-capacity-opens-in-early-q4/) - The Australian Energy Market Operator (AEMO) will open a tender for 500 MW firm power gen capacity in New South Wales early in Q4-2025. Eligible projects include large-scale batteries, gas-fired generation, and virtual power plants – ideally ready for start-up before 2027. Expressions of interest or shortlisted bids are not public. Only successful projects from - [Texas Energy Fund backs wave of dispatchable capacity](https://gastopowerjournal.com/news/market/texas-energy-fund-backs-wave-of-dispatchable-capacity/) - Build-out of firm generation capacity in ERCOT is accelerated by the Texas Energy Fund, which approved several low-interest loans to gas-fired power projects. Industry observers see the 1.1 GW LandBridge/NRW project as “a strong candidate” for funding support. Situated atop abundant Permian gas reserves with access to high-voltage power transmission, the site in Reeves County, - [MHI compressors for Texan NH3 project](https://gastopowerjournal.com/news/brief-news/mitsubishi-compressors-for-nh3-project-in-texas/) - Sept 26 – Mitsubishi Heavy Industries Compressor Corp. has delivered syngas and ammonia refrigeration compressor trains an ammonia (NH3) project Beaumont, Texas. Now owned by Woodside, the facility will be the world’s first large-scale, lower-carbon greenfield ammonia production plant - [Amprion CEO calls Germany’s gas plant expansion ‘aspirational'](https://gastopowerjournal.com/news/market/amprion-ceo-calls-germanys-gas-plant-expansion-aspirational/) - Germany’s plan to build 20 GW of new gas-fired power plants by 2030 seems overly ambitious and aspirational, Amprion CEO Christoph Müller warned. Though the tender is meant to take place quickly, turbine manufacturers don’t have “50 turbines in stock waiting to be picked up," he noted. Speaking to Politico Pro Energie und Klima, Müller - [Azerbaijan to help develop 500 MW gas power plant in Serbia](https://gastopowerjournal.com/news/projectsandfinance/azerbaijan-to-help-develop-500-mw-gas-power-plant-in-serbia/) - Azerbaijan has agreed to help develop and fuel a 500 MW gas-fired power plant near Serbia's southern city of Niš. The project, initially proposed as a 1 GW plant at cost of up to €1.3 billion, has been scaled down and aligned to Serbia's energy infrastructure development plan through 2028. Though the turbine supplier for - [JERA produces H2 at fully-running power station](https://gastopowerjournal.com/news/hydrogen/jera-tests-producing-hydrogen-at-operational-power-stations/) - Japan’s largest utility JERA has started tests to produce hydrogen at a fully operational thermal power station in Nagoya, Aichi, using DENSO-developed SOEC*1 water electrolysis. The aim is to scale electrolysis power from 200 kilowatt (kW) to several thousand kW. Following test runs at Nagoyo, DENSO wants to commercialise Solid Oxide Electrolyzer Cell (SOEC)-based fuel - [2025 September 26](https://gastopowerjournal.com/weekly-news/2025-september-26/) - [US lowers car tariffs, makes EU buy more LNG in return](https://gastopowerjournal.com/news/market/us-lowers-car-tariffs-makes-eu-buy-more-lng-in-return/) - The Trump administration has started to implement a landmark trade deal by lowering auto tariffs to 15% – now the onus is on the EU to purchase $750 billion in US LNG, oil, and nuclear energy products by 2028. More US shipments will help bring forward the EU's ban on Russian LNG to January 2027. - [Everllence to supply engines for dual-fuel plant in Mauritania](https://gastopowerjournal.com/news/projectsandfinance/everllence-to-supply-engines-for-dual-fuel-plant-in-mauritania/) - China National Electric Engineering Co. (CNEEC) has contracted Everllence to deliver four 18V51/60DF engines for a new 74 MW power plant in Nouakchott, the capital of Mauritania. Commissioning is scheduled for late 2026. The gas-fuelled plant, running on four 18.5 MW engines made by MAN, will help narrow the country’s electricity supply gap. Early-stage production - [NRG eyes 1.1 GW plant to power data center in Delaware Basin](https://gastopowerjournal.com/news/projectsandfinance/nrg-eyes-1-1-gw-plant-to-power-data-center-in-delaware-basin/) - NRG Energy and LandBridge are exploring a 1,100 MW grid-connected gas power project in Reeves County, Texas, contingent on securing a power purchase agreement (PPA) tied to a data center. Air permit and interconnection filings are submitted, envisaging an in-service date by end-2029. LandBridge owns 277,000 surface acres across Texas and New Mexico, located primarily - [Gas engine power plant with CCS commissioned in UK Midlands](https://gastopowerjournal.com/news/projectsandfinance/gas-engine-power-plant-with-ccs-commissioned-in-uk-midlands/) - Rolls-Royce, Landmark and ASCO have commissioned a gas engine power plant including a CO2 recovery system in the UK. The carbon captured from the engines exhaust gases is liquefied and sold to the beverage industry, providing a second revenue stream next to electricity sales. The 10 MW plant is situated in Worksop, East Midlands. It - [PEM electrolyser for Trento](https://gastopowerjournal.com/news/brief-news/pem-electrolyser-for-trento/) - Sept 24 – IMI has been contracted to supply a 1 MW PEM electrolyser for the H2_Polytec Project in Storo, Italy. The project was among the winners of a call issued by the Province of Trento to build a green hydrogen production plant in disused industrial areas. - [Sempra sells 45% stake in infrastructure arm to KKR for $10 billion](https://gastopowerjournal.com/news/market/sempra-sells-45-stake-in-infrastructure-arm-to-kkr-for-10-billion/) - Sempra has agreed to divest a 45% stake in its infrastructure arm to KKR and CPP Investments for $10 billion. By ceding majority control of its energy infrastructure – including LNG export and midstream assets – Sempra's future earnings will mostly come form regulated utilities. Once complete, the sale will leave Sempra with just a - [Siemens breaks ground on €500m technology campus in Erlangen](https://gastopowerjournal.com/news/technologyinnovation/siemens-breaks-ground-on-e500m-technology-campus-in-erlangen/) - Siemens has laid the cornerstone for a €500 million technology campus in Erlangen, northern Bavaria, strengthening the region’s economic viability in the field of power electronics. Investment in Erlangen is part of Siemens' €2 billion global investment spree, of which €1 billion will be spent in Germany. The first construction phase, due completed in 2027, - [External power configurations for FLNG terminals put to the test](https://gastopowerjournal.com/news/market/external-power-configurations-for-flng-terminals-put-to-the-test/) - American Shipping Bureau (ABS) is scrutinizing external power sources for near-shore FLNG terminals. By replacing onboard gas turbines and diesel engines with electricity from land-based grids, or offshore winds, FLNG operators can curb emissions and increase reliability. Liquefying 1 kilogram of natural gas requires around 0.25 kWh of electricity, ABS finds. Thus a 5 mtpa - [Australia’s fossil fuel export revenues to halve by 2030](https://gastopowerjournal.com/news/market/australias-fossil-fuel-export-revenues-to-halve-by-2030/) - Revenues from Australian fossil fuel exports could fall by more than A$60 billion by 2030, as the Treasury forecasts a 50% drop in the value of coal and gas sold abroad. Yet, companies Down Under rush to cash in on exporting critical minerals and green fuels instead. One-thirds of Australia’s goods exports last year were - [Uniper sells Dattlen-4 plant](https://gastopowerjournal.com/news/brief-news/uniper-sells-dattlen-4-plant/) - Sept 22 – Uniper has agreed to divest is 1,052 MW Datteln-4 coal power plant in the German state of North Rhine-Westphalia to ResInvest group. The purchase price has not been disclosed, though reports suggest a valuation near €1 billion – much less than the €1.5 billion original construction cost. - [Siemens Energy's new transformer factory ready by 2028](https://gastopowerjournal.com/news/projectsandfinance/siemens-energys-new-transformer-factory-ready-by-2028/) - Siemens Energy is spending €220 million to expand its transformer factory in Nuremberg, southern Germany, responding to the sharp rise in demand as transformers are crucial for grid expansion. Construction will take place while operations at the factory continue, with the new production areas to be available by 2028. Transformers connect different voltage levels and - [Collapse of China’s LNG offtakes puts markets in disarray](https://gastopowerjournal.com/news/market/collapse-of-chinas-lng-offtakes-puts-markets-in-disarray/) - China’s LNG demand collapse – along with strategic stockpiling of oil – have put trade flows and price dynamics in disarray. Imports plunged 20% in the first half of 2025, making Asian spot LNG prices fall from a peak of $16.50 per MMBtu in February to currently around $11.34 per MMBtu. This downturn is driven by weak - [EU pays dearly as LNG replaces 9% drop in pipeline gas](https://gastopowerjournal.com/news/market/eu-pays-dearly-as-lng-replaces-9-drop-in-pipeline-gas/) - The European Union is paying a premium price for LNG as pipeline gas imports fell 9% in the first half of this year. LNG imports cost the EU around 26.9 billion Euros over the same period, with 13.7 billion Euros of that paid for US cargoes. EU bloc’s reliance on imported LNG is set to - [Gazprom visits Iran](https://gastopowerjournal.com/news/brief-news/gazprom-visits-iran/) - Sept 19 – A Gazprom delegation is on a working visit to Iran to finalise price negotiation for gas transfer deals that allow Russia to export natural gas to Iran. Deliveries would use existing pipelines and could reach up to 1.8 billion cubic meters per year in the initial phase. - [Egypt awaits boost in Leviathan gas deliveries by H1-2026](https://gastopowerjournal.com/news/market/egypt-awaits-boost-in-leviathan-gas-deliveries-by-h1-2026/) - Egyptian power generators cannot offset chronic fuel shortages, as incremental gas imports from the Chevron-operated Leviathan field will not begin until well into the first half of 2026. Blue Ocean Energy already imports Leviathan gas for Egypt with volumes set to raise from currently 4.5 to 12 billion cubic meters (Bcm) per year by 2033. - [Gas meets most of Middle East electricity demand growth](https://gastopowerjournal.com/news/market/gas-not-oil-meets-most-of-middle-east-electricity-demand-growth/) - Cooling and desalination will make electricity demand in the Middle East and North Africa rise by another 50% by 2035. Natural gas, not oil, is set to meet half of electricity demand growth to 2035, the International Energy Agency (IEA) finds. Extreme heat and water scarcity are a burden for many parts of the Middle - [2025 September 19](https://gastopowerjournal.com/weekly-news/2025-september-19/) - [AI tools could yield trillion of barrels in oil recovery](https://gastopowerjournal.com/news/market/ai-tools-could-yield-trillion-of-barrels-in-oil-recovery/) - Synoptic AI-powered analysis of oil and gas field performance shows existing fields are far from exhausted. According to Wood Makenzie, better recovery from producing fields could yield an additional 470 billion to over 1,000 billion barrels, along with associated gas. Though the industry holds nearly 2 trillion barrels in undeveloped greenfield resources, barely 10% appears - [GE Vernova completes first outage on HA turbines in Pakistan](https://gastopowerjournal.com/news/projectsandfinance/ge-vernova-completes-first-outage-on-ha-turbines-in-pakistan/) - Engineers at GE Vernova have completed the first outages of HA gas turbines in South Asia, carrying out work at the 1,230-MW Haveli Bahadur Shah and 1,230-MW Balloki power plants in Pakistan. A third site, the 1,180-MW Bhikki plant, is scheduled for inspection in 2026. Together, the three plants – commissioned in 2018 and operated - [Elcogen opens SOFC factory in Tallin](https://gastopowerjournal.com/news/brief-news/elcogen-opens-sofc-factory-in-tallin/) - Sept 19 –Elcogen has opened a new factory in Tallin, Estonia, to increase production of Solid Oxide Fuel Cell (SOFC) and Electrolysis (SOEC) technology. The new factory will boost Elcogen’s available production capacity from 10 MW to 360 MW. - [Kuwait’s RES target “unrealistic,” needs dispatchable backup capacity](https://gastopowerjournal.com/news/market/kuwaits-res-target-unrealistic-needs-dispatchable-backup-capacity/) - Kuwait envisages a 15-fold rise in renewables energy sources (RES) in just four years, albeit from very low levels. Analysts reckon “this target could be out of reach,” considering the lack of grid access and dispatchable backup capacity. Four large gas-fired power projects will not start operations before 2027. According to RystadEnergy’s latest projections, renewable - [ABB to power Singapore’s first FLNG terminal](https://gastopowerjournal.com/news/projectsandfinance/abb-to-power-singapores-first-flng-terminal/) - ABB has secured a contract from Hanwha Ocean to supply the electric power and propulsion system for Singapore’s first floating liquefied natural gas (FLNG) terminal. Once in service, the terminal will increase Singapore’s LNG import capacity by 50% and add flexibility to the gas grid. The FSRU, owned by Mitsui O.S.K. Lines (MOL) and chartered - [Soaring construction costs jeopardise US gas power projects](https://gastopowerjournal.com/news/technologyinnovation/soaring-construction-costs-jeopardise-us-gas-power-projects/) - The price of building a new gas-fired power plant in the United States has risen to $2,200–$2,500 per kilowatt of capacity, putting projects economics into question. Developers and financiers reckon cost will rise 5% annually with little sign of easing, largely due to equipment shortages. At the Energy Finance Conference in San Diego, panellists warned - [H2-to-power trial sets milestone at Centrica’s Brigg Energy Park](https://gastopowerjournal.com/news/technologyinnovation/h2-to-power-trial-sets-milestone-at-centricas-brigg-energy-park/) - Injecting hydrogen into a gas-fired peak power plant has been demonstrated successfully by HiiROC at Centrica’s Brigg Energy Park, North Lincolnshire. Hydrogen, produced on site through thermal plasma electrolysis, was blended at a 3% ratio during the one-hour trial – marking a UK first in using H2 to decarbonise peakload power. The trial is a - [Germany could scale back renewables build-out in pivot to gas](https://gastopowerjournal.com/news/regulationpolicy/germany-could-scale-back-renewables-build-out-in-pivot-to-gas/) - German Chancellor Friedrich Merz has indicated the country will slow the pace of its renewable build-out due to grid access constrains which raises the role of gas generation. The mandatory H2-ready requirement for new gas power plant has been dropped as part of the government’s revised power plant strategy. Merz said that Germany might “do - [Henry Hub price set to rise](https://gastopowerjournal.com/news/brief-news/henry-hub-price-set-to-rise/) - Sept 15 – Henry Hub natural gas spot price will rise from an average of $2.91 per million British thermal units (MMBtu) in August to $3.70/MMBtu in the fourth quarter of this year, the US Energy Administration (EIA) forecasts. Flat natural gas production and soaring feedgas demand for LNG exports could push up Henry Hub - [Power generation drives global gas demand; IGU finds](https://gastopowerjournal.com/news/market/power-generation-drives-global-gas-demand-igu-finds/) - Gas-burn for power generation remains the dominant driver of demand worldwide and shapes the market’s trajectory. According to the International Gas Union (IGU), global gas demand in 2024 reached 4,122 billion cubic meters (bcm), up 78 bcm or 1.9% from the previous year. Power sector gas demand amounted to 1,427 Bcm – one third of - [MHI to double turbine manufacturing capacity](https://gastopowerjournal.com/news/technologyinnovation/mhi-to-double-turbine-manufacturing-capacity/) - Mitsubishi Heavy Industries (MHI) plans to double its gas turbine production capacity within two years in reaction to a sharp rise in orders, driven by equipment replacements. CEO Eisaku Ito disclosed the Japanese manufacturer initially aimed to increase capacity by 30% – but that’s no longer enough. The additional manufacturing capacity could help MHI work - [Developing nations need “all of the above” strategy on energy sources](https://gastopowerjournal.com/news/market/developing-nations-need-all-of-the-above-strategy-on-energy-sources/) - Developing nations need an “all of the above” strategy as oil and gas continues to provide a scalable energy source. "While you see a lot of growth in new energy sources, they are starting from a small base in an enormous system, so while it's growing quickly, it's got a long way to go," ExxonMobil - [Growing gas deficit forces Egypt to arrange more LNG imports](https://gastopowerjournal.com/news/market/growing-gas-deficit-forces-egypt-to-arrange-more-imports/) - Egyptian firm Blue Ocean Energy has arranged a $35 billion deal with partners in the Chevron-operated Leviathan field just days ago in an effort to import more gas from Israel as Egypt’s gas demand is outpacing domestic production. Imports help address supply shortages and stabilise the power sector. Gas-fired power plants currently supply over 60% - [Northwest US gas price at historic low](https://gastopowerjournal.com/news/brief-news/northwest-us-gas-price-at-historic-low/) - Sept 12 – Spot gas prices in the north-western United States reached historic lows in 2025, as ample supply from Canada coincided with subdued regional demand for gas-fuelled electricity. At Northwest Sumas, a regional hub in the US Pacific Northwest, the daily spot price averaged $1.59 per MMBtu in 2025 through August and reached its - [LNG-fuelled projects restart in central Vietnam](https://gastopowerjournal.com/news/market/lng-fuelled-projects-restart-in-central-vietnam/) - Two LNG-fuelled power projects in central Vietnam have been rekindled after a period of suspension. The Nghi Son LNG power project (1,500 MW) just reached financial close after JERA reaffirmed its commitment, along with an adjacent LNG regas terminal with a capacity of 1.2 mtpa per year. Similarly, works have restarted at Cong Thanh, where - [2025 September 12](https://gastopowerjournal.com/weekly-news/2025-september-12/) - [YPF edges close to taking FID on Vaca Muerta  ](https://gastopowerjournal.com/news/market/ypf-edges-close-to-taking-fid-on-vaca-muerta/) - Argentine oil and gas incumbent YPF is about to take FID on developing the Vaca Muerta basin, supported by new supportive legislation. “The new law allows LNG to be exported from gas produced in Vaca Muerte without having to pay tax,” said CEO Horacio Marín. Vaca Muerte can compare with the US Permin Basin as - [Brazilian utility Eneva turns to Google to optimise operations](https://gastopowerjournal.com/news/technologyinnovation/brazilian-utility-eneva-turns-to-google-to-optimise-operations/) - Eneva, a major Brazilian utility with 5.95 GW installed power gen capacity, has turned to Accenture and Google Cloud in to optimise operations by using AI technologies. By migrating to Google Cloud, Eneva improves its access to data across the enterprise as the Brazilian power generator seeks to optimize operations and generate more cash flows. - [JERA invests in fusion company, signals shift in gas power strategy](https://gastopowerjournal.com/news/technologyinnovation/jera-invests-in-fusion-company-signals-shift-in-gas-power-strategy/) - Japan’s largest power generator JERA has invested in the start-up Kyoto Fusioneering in pivot away from fossil fuels. Though fusion is far from reaching commercial viability, JERA’s investment is seen as a strategic hedge: using gas plants today while preparing for more sustainable alternatives tomorrow. Capital markets increasingly focus on ESG and stranded asset risk, - [GE Vernova to modernise ESB’s Dublin Bay power plant](https://gastopowerjournal.com/news/projectsandfinance/ge-vernova-to-modernise-esbs-dublin-bay-power-plant/) - The Irish utility Electricity Supply Board (ESB) has contracted GE Vernova to modernize Dublin Bay Power Plant. The upgrades, scheduled for completion in 2026, will extend the plant’s lifetime while adding nearly 30 MW of power to the grid. Commissioned in 2002, Dublin Bay currently generates up to 415 MW with a single-shaft GT26 gas - [Rolls-Royce, Landmark and ASCO launch UK power plant with CCS](https://gastopowerjournal.com/news/projectsandfinance/rolls-royce-landmark-and-asco-launch-uk-power-plant-with-ccs/) - Rolls-Royce, Landmark Power Holdings and ASCO Carbon Dioxide have commissioned a 10 MW gas engine power plant with integrated carbon capture in Worksop, East Midlands. The plant extracts CO2 from the exhaust gases of mtu gas engines, processes and liquefies it for distribution. The Worksop facility is the first project under Landmark’s FLEXPOWER PLUS concept, - [Prometheus, Conduit accelerate Speed-to-Market for Data Centers](https://gastopowerjournal.com/news/projectsandfinance/prometheus-conduit-accelerate-speed-to-market-for-data-centers/) - Data center developer Prometheus Hyperscale and Conduit Power have partnered to deliver hybrid energy solution based on Conduit’s hybrid gas plus battery. Starting with two projects in Texas, Prometheus will deploy this solution for up to 300 MW at each of its data centers. The gas plus battery solution will be co-located at facilities owned - [US utilities commit to 116 GW of load capacity growth](https://gastopowerjournal.com/news/market/us-utilities-commit-to-116-gw-of-load-capacity-growth/) - Electric utilities in the United States have committed, or started construction, on 116 Gigawatt (GW) of load capacity – equivalent to 15.5% of current US peak power demand. Factoring in projects in advanced discussion brings the total to 147 GW – yet, time-to-market might prove overly ambitious, analysts warn. "Utilities are committing to large loads - [2025 September 5](https://gastopowerjournal.com/weekly-news/2025-september-5/) - [Certarus supplies CNG to data center](https://gastopowerjournal.com/news/brief-news/certarus-to-supply-cng-to-us-data-center/) - Sept 4 – Certarus has signed an agreement to supply Compressed Natural Gas (CNG) to a hyperscale data center operator in the United States. The project includes daily gas volumes to fuel 50 MW of on‑site power generation, with deployment now underway. - [Pricing terms for ‘Power of Siberia-2’ deal still unsettled](https://gastopowerjournal.com/news/market/pricing-terms-for-power-of-siberia-2-deal-still-unsettled/) - Though Russia and China have agreed to realize the long-debated ‘Power of Siberia-2’ gas pipeline, key commercial terms – price and take-or-pay volumes – remain unresolved. If China were to absorb the full volume of the 50 bcm/y gas pipeline, Russia could dent 42-45% of Chinese imports by 2040. Leaving little room for US LNG. - [Stable peace in Ukraine would jeopardise US LNG build-out](https://gastopowerjournal.com/news/market/stable-russia-ukraine-peace-deal-could-put-us-lng-projects-at-risk/) - Financial close on US LNG export projects could be at risk by a stable peace deal between Russian and Ukraine, analysts warn. Europe would subsequently accommodate more Russian pipeline gas of up to 50 bcm per year, while the lifting of sanctions on Russian LNG would raise exports to 12 mtpa – undermining the economics - [TAQA secures $4bn for Saudi power projects](https://gastopowerjournal.com/news/brief-news/taqa-secures-4bn-for-saudi-power-projects/) - Sept 3 – Abu Dhabi utility TAQA, along with its partners JERA and AlBawani Capital, have finalised financing for two greenfield power projects in Saudi Arabia – Rumah 2 and Al Nairyah 2. The two greenfied Independent Power Projects (IPPs) represent a combined investment of about $4 billion. Each of the two CCGT will generate - [India builds out LNG terminals to double gas-burn by 2030](https://gastopowerjournal.com/news/market/india-builds-out-lng-terminals-to-double-gas-burn-by-2030/) - The Indian government aims to expand LNG import capacity to 66.7 mtpa by 2030 – a 27% rise from the current 52.7 mtpa – thanks to two projected regas terminals. The build-out aligns with government policies to more than double the share of gas in the national power gen mix to 15% by the end - [Ten counties in Permian Basin make up 93% of US oil production growth](https://gastopowerjournal.com/news/market/ten-counties-in-permian-basin-make-up-93-of-us-oil-production-growth/) - Just ten counties in the Permian Basin – a vast geological formation spanning New Mexico and Texas – are home of 1.9 million barrels per day, or 93% in US oil production growth. Increasingly gassy wells help underpin the rising feedgas needs as the build-out of US LNG export capacity progresses. Gassy areas in the - [Adriatic LNG’s Open Season reinforces Italy’s gas-fired power gen](https://gastopowerjournal.com/news/market/adriatic-lngs-open-season-reinforces-italys-gas-fired-power-gen/) - Gas stays central to Italy’s power mix as Adriatic LNG terminal offers regas slots in its Open Season 2025. With coal largely phased out, LNG supplies sourced via Adriatic LNG are crucial for fuelling dispatchable power stations that stabilize the Italian grid. The Open Season’s accreditation phase allows bidders to secure slots for regas capacity - [Kuwait opens bidding for 1.8 GW Al- Khairan IWPP](https://gastopowerjournal.com/news/projectsandfinance/kuwait-opens-bidding-for-1-8-gw-al-khairan-iwpp/) - Kuwait has invited pre-qualified consortia to bid for the first phase of the Al-Khairan Independent Water and Power Producer (IWPP) project. Phase 1 will deliver 1.8 gigawatts (GW) of electricity and 125 million imperial gallons of desalinated water per day, with TAQA, ACWA Power and China Power International Holding competing for the contract award. The - [Global electricity demand to rise 3.7% in 2026; IEA forecasts](https://gastopowerjournal.com/news/market/global-electricity-demand-to-rise-3-7-in-2026-iea-forecasts/) - Despite slowing economic growth, the world’s electricity demand is on course to rise by 3.3% this year and 3.7% in 2026 – more than twice as fast as total energy demand growth over the same period. According to the International Energy Agency (IEA), growth is driven by rising demand from industry, appliances, cooling, data centres - [National Gas warns Ofgem’s funding cuts raises blackout risk](https://gastopowerjournal.com/news/regulationpolicy/national-gas-warns-ofgems-funding-cuts-raises-blackout-risk/) - Britain’s new gas pipeline operator, National Gas, has sounded alarm that the proposed £1.5 billion cut to spending plans by energy regulator Ofgem could raise the risk of fuel shortages and blackouts. National Gas had requested £4 billion for capital and maintenance operations from April 2026 to March 2031, but Ofgem slashed this to just - [JERA, Ryohin set up renewables arm](https://gastopowerjournal.com/news/brief-news/jera-ryohin-set-up-renewables-arm/) - Sept 1 – Japan’s leading power generator JERA and the retailer Ryohin Keikaku have jointly set up MUJI Energy, as a special purpose company designated to engage in renewable power projects. The aim is to develop approximately 13MW of solar generation capacity within a year of its establishment. - [Statkraft mulls expanding Greener Gird Park in Liverpool](https://gastopowerjournal.com/news/technologyinnovation/statkraft-may-expand-greener-gird-park-in-liverpool/) - Norway’s state energy firm Statkraft is considering expanding Lister Drive Greener Grid Park, a £25 million project of synchronous condensers and flywheels, designated to bolster grid stability in Britain. The technology mimics the stabilizing effect of spinning turbines in fossil-fuel generators – without producing emissions. The deployment incorporates a 67 MVA reactive synchronous condenser coupled - [Flexibility could slash Germany's peak power demand by 7 GW](https://gastopowerjournal.com/news/market/flexibility-could-cut-german-industrys-power-demand-by-7-gw/) - Greater flexibility of industrial energy demand could reduce Germany’s peakload power demand by up to 15%, equalling 5-7 gigawatt (GW), a McKinsey survey of 400 industrial companies shows. The steel industry and in the automotive and mechanical engineering sectors have the highest flexibility potentials, with 10% and 12% respectively. "More flexible electricity demand from industry - [mtu factory in the US scales up](https://gastopowerjournal.com/news/brief-news/mtu-factory-in-the-us-scales-up/) - Aug 29 - mtu Series 4000 production at Aiken, South Carolina, will be expanded through a $75 million investment by Rolls-Royce. The move follows a $24 million expansion of the company’s Mankato, Minnesota facility, in response heightened pressure on the US electric grids due to the rapid growth of data centers. - [NatPower to build UK’s largest battery on Sembcorp site](https://gastopowerjournal.com/news/energy-storage/natpower-to-build-uks-largest-battery-on-sembcorp-site/) - Sembcorp Utilities (UK) has contracted NatPower to develop a 1GW/8GWh lithium-ion Battery Energy Storage System (BESS) on Teeside. Fully finance through private investment, the battery will be the largest of its kind in Britain. The £1 billion Teesside GigaPark will initially operate at 4 GWh capacity with the potential to expand to 8 GWh. In - [Hyliion to deploy KARNO Power Modules across Texas](https://gastopowerjournal.com/news/technologyinnovation/hyliion-to-deploy-karno-power-modules-across-texas/) - Hyliion Holdings, a developer of sustainable power gen technology, has signed a Letter of Intent (LoI) with MMR Power Solutions to purchase three KARNO Power Modules from Hyliion, totalling up to 600 kW of stationary power output, with deployments expected to begin in the second half of 2026. Deployed across Texas, the units are designed - [Chinese buyers return to spot LNG market](https://gastopowerjournal.com/news/market/chinese-buyers-return-to-spot-lng-market/) - Chinese buyers return to the spot market amid a stark drop in prices. Beijing Gas and Zhejiang Energy reportedly procured LNG cargoes at around $10/MMBtu this August for autumn arrival. This fresh buying activity is spurred by lower spot prices in the Pacific Basin and the notion that prices will rebound with the onset of - [2025 August 29](https://gastopowerjournal.com/weekly-news/2025-august-29/) - [Iraq greenlights energy cooperation with Siemens Energy](https://gastopowerjournal.com/news/market/iraq-greenlights-energy-cooperation-with-siemens-energy/) - The Iraqi Cabinet has approved an energy cooperation framework with Siemens Energy, which has a track record of building, retrofitting and servicing power stations in the country. The German equipment manufacturer in 2023 signed a deal to develop Iraq’s power generation capacity and enhance grid resilience. Long-term service contracts for three gas-fired power plants are - [JEA moves ahead with $1.57bn CCGT to replace Northside coal unit](https://gastopowerjournal.com/news/projectsandfinance/jea-moves-ahead-on-1-57bn-ccgt-to-replace-northside-coal-unit/) - Florida’s largest municipal utility JEA is forging ahead with plans for a $1.57 billion gas-fired power plant, designated to replace aging coal capacity. The 675 MW combined-cycle gas turbine (CCGT) plant will be built on a brownfield site with a target in service date of early 2032. The envisaged start-up is timed to coincide with - [Haynesville shale gale reshapes US LNG and power markets](https://gastopowerjournal.com/news/market/haynesville-shale-gale-reshapes-us-lng-and-power-markets/) - Haynesville shale’s rapid growth in output is poised to lower gas prices for power generation and could cover as much as 12 bcf/d of U.S. LNG demand by 2030. Rising feedgas competition – led by Venture Global, Cheniere, and Woodside – faces demand from domestic utilities. Forward strip prices remain firm at around $4/Mcf through - [Ofgem raises price cap](https://gastopowerjournal.com/news/brief-news/ofgem-raises-price-cap/) - Aug 27 - UK energy regulator Ofgem has today announced the October - December 2025 Default Tariff Cap (price cap) at £1,755 - a 2% increase from July’s cap set at an annual rate of £1,720. Cornwall Insights forecasts rates in January are currently looking to fall to £1,712 a year for a typical household. - [Wärtsilä equipment to power fast-ramp plant in Kentucky](https://gastopowerjournal.com/news/projectsandfinance/wartsila-equipment-to-power-fast-ramp-plant-in-kentucky/) - Finish technology group Wärtsilä will supply the engineering and equipment for a gas-fired power plant in Kentucky. The 217 MW plant is needed by under a contract by the East Kentucky Power Cooperative (EKPC) to provide additional grid capacity. The order was booked by Wärtsilä in Q3 2025. Equipment is scheduled for delivery in mid-2027 - [US gas consumption keeps rising, despite less gas-burn](https://gastopowerjournal.com/news/market/us-gas-consumption-keeps-rising-despite-less-gas-burn/) - Natural gas consumption in the United States is on course to reach a new record of 91.4 billion Bcf/d in 2025, rising 1% – although gas-burn is beginning to lose market share. Gas use will increase across all sectors except for electric power, the US Energy Information (EIA) states in its latest Short-Term Energy Outlook. - [Shale landscape set for growth beyond the US](https://gastopowerjournal.com/news/market/shale-landscape-set-for-growth-beyond-the-us/) - ExxonMobil, Chevron, ConocoPhillips, and Occidental Petroleum have cemented the shale gale in the US, home to 80% of global unconventional oil and gas production. Yet, fracking also makes inroads in Argentina, China and Saudi Arabia. Growth of the American shale industry underpins LNG exports and altered the country’s geopolitical strategy, commented Global Data analyst Ravindra - [TAQA expands water business](https://gastopowerjournal.com/news/brief-news/taqa-expands-water-business/) - Aug 25 - Abu Dhabi National Energy Company (TAQA) has agreed to acquire a 100% interest the water desalination company GS Inima from GS Engineering & Construction. The transaction is valued at approximately $1.2 billion. - [Kuwait to award engineering contract for Subiya CCGT conversion](https://gastopowerjournal.com/news/projectsandfinance/kuwait-to-award-engineering-contract-for-subiya-ccgt-conversion/) - Kuwait’s electricity ministry is about to award an engineering services contract for the Subiya power and water distillation plant. The contract is valued at 87.28 million Kuwaiti dinars ($286 million), with Alghanim International understood to have submitted the lowest-priced offer. Three proposals were submitted. The contract is to be finalized by September and project completion - [Least-cost US power mix could entail up to 80% renewables](https://gastopowerjournal.com/news/market/least-cost-us-power-mix-could-entail-up-to-80-renewables/) - Nearly $1 trillion could be spent on novel power generation projects in the United States by 2035 to build out an estimated 1 Terawatt of solar and wind capacity. Renewables are poised to provide 60% to 80% of total power gen capacity – enhancing the need for flexible gas-fired power for grid balancing. Modelling by - [Early roll-outs of Eaton’s off-grid power for AI underway](https://gastopowerjournal.com/news/technologyinnovation/early-roll-outs-of-eatons-off-grid-power-for-ai-underway-in-germany/) - Pilot projects, or early roll-outs of Eaton and Siemens Energy’s grid-independent power systems are underway in Germany as of mid‑2025. The standard configuration generates 500 MW of electricity, featuring SGT-800 gas turbines, redundancy and additional battery storage. Financial details of pilot plants were not disclosed but once scaled to standard size, such 500 MW off-grid - [Texan balancing plant offers PPA priced below $65/MWh](https://gastopowerjournal.com/news/market/texan-balancing-plant-offers-ppa-priced-below-65-mwh/) - A new Texan balancing plant in Kerrville is expected to stabilise electricity rates through power purchase agreements (PPAs) priced between $50 and $65 per MWh. Everlance just signed an O&M deal with Kerrville Public Utility Board (KPUB) to run their new balancing power plant, currently under construction. Sub-$65/MWh rates for PPAs used to be only - [2025 August 22](https://gastopowerjournal.com/weekly-news/2025-august-22/) - [Karpowership to stabilise Iraqi grid](https://gastopowerjournal.com/news/brief-news/karpowership-to-stabilise-iraqi-grid/) - Aug 21 - Karpowership has signed a 71‑day deal with Iraq to supply up to 590 MW of electricity via two floating power plants docking at Khor Al Zubair and Umm Qasr in Basra, expected to start operations in August 2025. - [China-made electrolysers spur investment in ammonia](https://gastopowerjournal.com/news/hydrogen/china-made-electrolysers-spur-investment-in-ammonia/) - Chinese electrolyser manufacturers are expected to capture a third of the global market outside North America and Europe by the end of 2025. These electrolysers are critical for producing green hydrogen and will lower the cost of production, giving China a competitive edge. But addressing the mismatch between FIDs and offtake contracts will be crucial - [PetroVietnam breaks ground on 1.1 GW power plant in Mekong Delta](https://gastopowerjournal.com/news/projectsandfinance/petrovietnam-breaks-ground-on-1-1-gw-power-plant-in-mekong-delta/) - State-owned PetroVietnam has begun construction of the VND27.7 trillion ($1.05 billion) O Mon IV power plant in Can Tho, Mekong Delta. The 1,155-MW plant is central to the Block B–O Mon gas-to-power chain and will be fuelled by 5-6 bcm/y of natural gas from the Malay-Tho Chu basin. The gas-to-power chain consists of offshore gas - [Saudi turbine market grows 3.7%](https://gastopowerjournal.com/news/brief-news/saudi-turbine-market-grows-3-7/) - Aug 20 – Saudi Arabia’s gas turbine market size is expected to reach $336.5 million by 2033, growing at an annual rate of 3.70% over the forecast period. According to IMARC Group, steady growth is driven by Saudi Power Procurement Company (SPPC) is targeting approximately 42 GW of new CCS-ready combined-cycle gas turbine (CCGT) capacity - [Indonesia revives LNG regas project on Java](https://gastopowerjournal.com/news/market/indonesia-reconsiders-lng-regas-project-near-oil-refinery-on-java/) - Plans to realise an onsite LNG regas terminal adjacent to an oil refinery on Java island are being reconsidered. Called Central Java Mini LNG terminal, the 0.84 mtpa regas project comes at an estimated cost of $152 million and would supply gas to a local refinery as well as to electric utilities in southern central - [Excelerate and Breeze compete to develop Khor Al-Zubair FSRU](https://gastopowerjournal.com/news/projectsandfinance/excelerate-and-breeze-compete-to-develop-khor-al-zubair-fsru/) - Two finalists – Exelerate Energy and UAE-registered Breeze Investment – are contesting to develop a FSRU at Khor Al-Zubair port, as part of an effort to bolster electricity generation. The Iraqi oil ministry signalled it wants to reach an agreement within ten days. Market observers criticised the procurement as a “rushed process.” Yet, Iraq seeks - [EWEC issues RFP to develop carbon-capture-ready IPP](https://gastopowerjournal.com/uncategorized/ewec-issues-rfp-to-develop-carbon-capture-ready-ipp/) - Emirates Water and Electricity Company (EWEC) has issued a Request for Proposals (RFP) to develop the Al Nouf Independent Power Producer (IPP) project. Designed as the largest single-site carbon capture ready combined-cycle power plant, the IPP would deliver 3.3 GW of electricity for the greater Abu Dhabi area. The massive CCGT will be built within - [Japan to switch from LNG to NH3](https://gastopowerjournal.com/news/brief-news/japan-to-switch-from-lng-to-nh3/) - Aug 18 - Japanese technology conglomerate IHI is forging ahead with converting selected LNG terminals into ammonia-receiving facilities. An NH3-combustion trial is underway at JERA’s Hekinan power unit 4 and several LNG terminals are due to import NN3 before 2030. - [Oil majors' fresh focus on upstream bolsters cash flows](https://gastopowerjournal.com/news/market/oil-gas-majors-refocus-on-upstream/) - Unfavourable market conditions for renewables and other low-carbon energy sources have prompted oil & gas majors like Shell and BP to bolster their core upstream operations. Reserve replacement should support future cash flows, Fitch Ratings reckons. “Still, the long-term risks posed by the energy transition will have to be addressed,” analysts underlined. Any future rating - [Plug Power, SK Group to build H2 Gigafactory by 2026](https://gastopowerjournal.com/news/hydrogen/plug-power-sk-group-to-build-h2-gigafactory-by-2026/) - US-based fuel cell developer Plug Power and SK Energy & Services, part of South Korea’s second-largest conglomerate, are getting close to jointly invest ₩1 trillion (US$747 million) to build a hydrogen Gigafactory and R&D center in South Korea. Start of commercial production is slated for later this year, or early 2026. Once up and running, - [Spot and forward prices at Henry Hub set to rise in Q2-2025](https://gastopowerjournal.com/news/market/spot-and-forward-prices-at-henry-hub-set-to-rise-in-q2-2025/) - Henry Hub prices will average $3.60/MMBtu in the second half of 2025 and $4.30 in 2026 as a narrowing storage cushion puts upward pressure on prices, US government analyst find. Forward curves point to a steady climb toward $5.40/MMBtu by December 2026. Spot prices at Henry Hub averaged about $3.20/MMBtu from April through July – - [Korean utilities pool US LNG procurement](https://gastopowerjournal.com/news/market/korean-utilities-pool-us-lng-procurement/) - South Korea’s Hanwha Energy and Hanwha Aerospace have partnered with state-run Korea Southern Power (KOSPO) to secure long-term deliveries of US LNG. By pooling procurement, the three companies secured favourable contract terms and pricing structures. For Kospo, one of South Korea’s largest power generator, LNG is a critical fuel in meeting the country’s electricity demand. - [Seatrium, Karpowership seal deal for Powership Integration starting 2027](https://gastopowerjournal.com/news/projectsandfinance/seatrium-karpowership-seal-deal-for-powership-integration-starting-2027/) - Singapore-based engineering group Seatrium has signed a Letter of Intent (LOI) with Karpowership to integrate four new powerships – with an option for two more – at its Singapore shipyard. Karpowership will deliver the hulls and main equipment, with Seatrium beginning integration works in the first quarter of 2027. The scope includes mechanical and electrical - [2025 August 1](https://gastopowerjournal.com/weekly-news/2025-august-1/) - [Energy as a Service market soars](https://gastopowerjournal.com/news/brief-news/energy-as-a-service-market-soars/) - July 31 - The Energy as a Service (EaaS) market has reached $126 billion in market valuation and is projected to grow at a rate 8.7% through 2034. According to GM Insights, growth is driven by the increasing shift toward sustainability, reinforced by supportive government incentives and surging energy demand across industries. - [Awaiting EPC tender for Rock Island Generation project](https://gastopowerjournal.com/news/projectsandfinance/awaiting-epc-tender-for-rock-island-generation-project/) - Kerrville Public Utility Board (KPUB) is about to disclose procurement details for the Rock Island Generation project with a view to getting the 122 MW gas-fired power plant into operation by June 2027. Construction firms are awaiting a tender to secure EPC contract for the project, with total costs capped at $175 million. The Texan - [Eastern US gas to meet LNG-fuelled demand growth](https://gastopowerjournal.com/news/market/eastern-us-gas-to-meet-lng-fuelled-demand-growth/) - Economics of gas production in the Appalachian Basin will become more favourable by 2030, spurring higher flows to meet US LNG-related demand. Natural gas converted to LNG for export is forecast to more than double to 9.8 Tcf, or almost 27 bcf per day, in 2037. Of this new capacity, the five LNG export projects - [JERA starts up 745 MW gas peaking plant in Bangladesh](https://gastopowerjournal.com/news/projectsandfinance/jera-starts-up-745-mw-gas-peaking-plant-in-bangladesh/) - JERA Meghnaghat Power Limited (JMPL) has started commercial operation of a combined-cycle gas power plant in Bangladesh, with a gross capacity 745 MW and a net output of 718 MW. Enough to meet 5% of peakload demand today – bearing in mind that Bangladesh’s electricity demand is projected to reach 51,000 MW by 2041. All electricity - [NSW launches tender for 500 MW firm capacity](https://gastopowerjournal.com/news/market/nsw-launches-tender-for-500-mw-firm-capacity/) - The New South Wales (NSW) government is calling for bids for 500 MW of firm power generation capacity. Eligible projects include large-scale batteries, gas-fired generation, and virtual power plants (VPPs). AEMO Services Limited (ASL) will carry out the competitive tender later in 2025. Priority will be given to projects in the Sydney, Newcastle, and Wollongong - [LNG – key to phasing out coal in Asia](https://gastopowerjournal.com/news/market/lng-key-to-phasing-out-coal-in-asia/) - Imported LNG is key to accelerate the coal exit in Asia. The lifecycle carbon intensity for LNG in Japan, Vietnam and the Philippines is 47% lower than for coal, S&P Global Commodity Insights finds. Burning regasified LNG, rather than burning coal enables immediate emissions reductions across Asia while balancing intermittent renewable energy supply. For each - [Doosan starts fuel cells mass production, using Ceres tech](https://gastopowerjournal.com/news/technologyinnovation/doosan-starts-fuel-cells-mass-production-using-ceres-tech/) - South Korean manufacturer Doosan has started the mass production of fuel cells, using Ceres’ solid oxide technology. The stacks and fuel cell power systems will be made in South Korea, where Doosan’s factory can produce a combined generational capacity of 50MW of electricity per year. The Ceres-designed full cells will be made in Doosan’s dedicated - [Europe’s grid gets 2.4 GW bolster](https://gastopowerjournal.com/news/brief-news/europes-grid-gets-2-4-gw-bolster/) - July 28 – Resilience of the European power grid will be bolstered by an additional 2.4 GWh of Battery Energy Storage Systems (BESS), set to be deployed across multiple sites based on a deal between Sunotech and Sungrow. The energy storage will harmonize the in-feed of fluctuating renewable energy to the grid, and enhance the - [Hitachi signs $700 million deal with E.ON for critical grid infrastructure](https://gastopowerjournal.com/news/projectsandfinance/hitachi-signs-700-million-deal-with-e-on-for-critical-grid-infrastructure/) - Hitachi Energy, the world’s largest transformer manufacturer, has signed a contract worth up to $700 million with E.ON to deliver transformers across the German power grid. The deal comes as the German government announces a $500 billion infrastructure fund, focussed on energy investment. The transformers, purchased by E.ON, are part of the utility’s new procurement - [China’s LNG imports plunge over 20% on lower industrial demand](https://gastopowerjournal.com/news/market/chinas-lng-imports-plunge-over-20-on-lower-industrial-demand/) - High spot LNG price made China’s LNG import plunge by more than 20% in the first quarter of this year. Fast build-out of liquefaction capacity in the US, Canada and Qatar will ease market tightness from 2026, fostering robust demand growth in Asia’s price-sensitive markets, the International Energy Agency (IEA) forecasts. Ramp-ups of the Plaquemines - [Europe’s gas-burn rises 6.5% on greater need for balancing power](https://gastopowerjournal.com/news/market/europes-gas-burn-rises-6-5-on-greater-need-for-balancing-power/) - Natural gas consumption in Europe has risen by 6.5% yoy in the first half of 2025, as lower contribution of wind and hydropower boosted the need for dispatchable capacity. According to the International Energy Agency (IEA), such episodes highlight the key role of gas-fired power plants in markets with higher shares of variable renewables. Europe - [Iberdrola mulls to exit Mexico via $4.7bn power plant sale](https://gastopowerjournal.com/news/market/iberdrola-mulls-to-exit-mexico-via-4-7bn-power-plant-sale/) - Spanish utility Iberdrola is considering a full withdrawal from Mexico’s electricity sector. It reportedly hired Barclays to coordinate the sale of its remaining portfolio of 15 power plants in Mexico – assets worth an estimated $4.7 billion. The move – if pulled through – could be the final step in Iberdrola’s multi-year retrenchment from the - [Iraq breaks ground on CCGT](https://gastopowerjournal.com/news/brief-news/iraq-breaks-ground-on-ccgt/) - July 25 – Ground was broken on the conversion of the Qayyarah simple-cycle gas turbine plant into a combined-cycle gas turbine (CCGT) power station. The upgrade will 375MW of capacity and raise the plant’s overall electricity output to 1,125 MW. - [Mannheim – Germany’s first city to phaseout its gas grid by 2035](https://gastopowerjournal.com/news/projectsandfinance/mannheim-germanys-first-city-to-phaseout-its-gas-grid-by-2035/) - Mannheim is the first city in Germany to set a date for the decommissioning of its gas grid, aiming to switch households over to heat pumps or district heating by 2035. Larger cities like Hanover, Munich or Stuttgart plan to follow suit. Smaller industry players and households are sceptical and hold back investments in greener - [ArcLight to splash out $5 billion to build 20 GW gas power capacity](https://gastopowerjournal.com/news/projectsandfinance/arclight-to-splash-out-5-billion-to-build-20-gw-gas-power-capacity/) - ArcLight Capital Partners has acquired Advanced Power with a commitment to invest some $5 billion over the next five years to build 20 GW of gas-fired power generation capacity. Most of the electricity is designated to accelerate North America’s AI boom and data center growth. With the investment, ArcLight seeks to address the complex capacity - [2025 July 25](https://gastopowerjournal.com/weekly-news/2025-july-25/) - [xAI buys site of Duke Energy’s gas power plant near Memphis](https://gastopowerjournal.com/news/projectsandfinance/xai-buys-site-of-duke-energys-gas-power-plant-near-memphis/) - Elon Musk’s xAI company has finalized the acquisition of a former Duke Energy gas power station in Southaven, Mississippi – just across the Tennessee border from Memphis. The site of the former 640 MW power plant is where xAI intends to build a one million square feet data center. Duke Energy sold the Southaven site, - [DOE raises spectre of power outages to spur grid investment](https://gastopowerjournal.com/news/regulationpolicy/doe-raises-spectre-of-power-outages-to-spur-grid-investment/) - Rising loads, thermal power plant retirements and outdated reliability tests leave the US electricity grid increasingly vulnerable to blackouts, the US Department of Energy (DOE) warns. With current energy policies, the US faces a 100-fold increase in severe power outages by 2030. The "1-in-10 year" reliability standard for electricity grids means that, on average, there - [Philippines coal-burn erodes as LNG becomes cost-competitive](https://gastopowerjournal.com/news/market/philippines-coal-burn-erodes-as-lng-becomes-cost-competitive/) - Philippine power generators are burning less coal for the first time in 20 years as Asian spot LNG prices are down 13% year-to-date on tepid demand which makes natural gas a more competitive fuel. The benchmark Asian spot LNG price for September delivery dropped $2.70 to $12.30 per MMBtu on lacklustre demand and high stockpiles. - [Solar, wind could power 30% of data centers in ASEAN by 2030](https://gastopowerjournal.com/news/energy-storage/solar-wind-could-power-30-of-data-centers-in-asean-by-2030/) - Six major economies in ASEAN – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam – are emerging as global data centre hotspots, with 2.9 GW of new capacity currently in the pipeline. Energy think tank Ember finds that wind and solar power could potentially cover 30% of the regions’ electricity demand – without relying on - [Amazon, SK Group to build AI data center at Ulsan, powered by LNG](https://gastopowerjournal.com/news/projectsandfinance/amazon-sk-group-to-build-ai-data-center-at-ulsan-powered-by-lng/) - SK Group has partnered with Amazon Web Services to build South Korea’s first AI hyperscale data centre in Ulsan, powered by LNG-fuelled electricity. The data centre will have an initial capacity of 100 MW and is due operational by November 2027. The data center will be built on SK Chemicals’ site in the Mipo National - [GE Vernova snaps up Alteia](https://gastopowerjournal.com/uncategorized/ge-vernova-snaps-up-alteia/) - July 22 – GE Vernova has agreed to acquire Alteia, a French machine learning specialist. The transaction is expected to close on August 1, and will advance GE’s GridOS software by providing utilities with the visual data needed to ‘see’ the grid as it is built and how it should operate. - [India needs dispatchable power to balance 22 GW renewables build-out](https://gastopowerjournal.com/news/regulationpolicy/india-needs-dispatchable-power-to-balance-22-gw-renewables-build-out/) - The Indian government is incentivising dispatchable coal- and gas-fired capacity to balance the rapid build-out of solar photovoltaic, amounting to 18.4 GW of the total 22 GW of renewable energy capacity added in the first half of 2025 alone. Growth was driven by a temporary waiver on interstate transmission charges, which will phase out by - [Cost of hydrogen scrutinized in FEED study for Whitelee project](https://gastopowerjournal.com/news/technologyinnovation/cost-of-hydrogen-scrutinized-in-feed-study-for-whitelee-project/) - Black & Veatch has completed a front-end engineering design (FEED) study for the Whitelee Green Hydrogen Project, focussed on optimising production cost. Developed by Scottish Power, the project is situated near the UK’s largest onshore windfarm with the electricity used to generate green hydrogen via proton exchange membrane (PEM) electrolysis. The first 10 MW phase - [India adds record renewables in H1](https://gastopowerjournal.com/news/brief-news/india-adds-record-renewables-in-h1/) - July 21 – India added a record 22 GW of renewable energy capacity in the first half of 2025 – a 57% jump from the 14.2 GW installed during same period last year. The new intermittent capacity raises the need for flexible gas-fuelled backup power stations, though coal remains the mainstay of India’s electricity mix. - [Summer heat makes Henry Hub futures soar on higher ‘power burns’](https://gastopowerjournal.com/news/market/summer-heat-makes-henry-hub-futures-soar-on-higher-power-burns/) - An upcoming heatwave in the Eastern U.S. has sent Henry Hub futures soaring on elevated electricity needs as people turn on air-conditioning. Gas-burn stays high at around 49.3 bcf/d through to July 25 as the hot summer weather continues, while “financial flow risk is skewed to the upside,” Energy Aspects finds. The next level of - [Industrial electricity price heralds €1.5 billion relief for German companies](https://gastopowerjournal.com/news/market/industrial-electricity-price-heralds-e1-5-billion-relief-for-german-companies/) - An ‘industrial electricity price’ could herald a relief of €4 billion over three years for German companies – if introduced this year. But the German Economic Institute (IW) cautions it is not clear if the relief will take effect in 2025, retroactively, or only from 2026. Based on a model by the EU Commission, the - [Talen buys power stations in PJM](https://gastopowerjournal.com/news/brief-news/talen-buys-power-stations-in-pjm/) - July 18 – U.S. independent power producer Talen has agreed to acquire two combined-cycle plants in Pennsylvania, Ohio, for $3.5 billion. The two plants are situated in PJM Interconnection, the world’s largest competitive wholesale electricity market. - [Wärtsilä’s order intake up 18% on engine and energy storage demand](https://gastopowerjournal.com/news/market/wartsilas-order-intake-up-18-on-engine-and-energy-storage-demand/) - Order intake of Wärtsilä has increased by 18% to €2,190 million between April and June this year, though service orders reclined. There is a growing need for dispatchable balancing power, hence CEO Hakan Agnevall expects growing demand for engine power plants and battery energy storage systems. U.S. tariffs, however, negatively impacts Wärtsilä’s sales to this - [CCS funding cancellations deals blow to Exxon’s Baytown H2 project](https://gastopowerjournal.com/news/regulationpolicy/ccs-funding-cancellations-deals-blow-to-exxons-baytown-h2-project/) - ExxonMobil’s $331 million Baytown hydrogen project in Texas could be delayed, or derailed, in reaction to the withdrawal of $3.7 billion in planned funding for 24 carbon capture and storage (CCS) initiatives. Other affected projects are Calpine’s $270 million CCS retrofits in Texas and California. Both companies are now forced to seek alternative financing, scale - [2025 July 18](https://gastopowerjournal.com/weekly-news/2025-july-18/) - [Baker Hughes to set up gas turbine repair facility in Malaysia](https://gastopowerjournal.com/news/technologyinnovation/baker-hughes-to-set-aeroderivative-gas-turbine-plant-in-malaysia/) - US energy tech firm Baker Hughes aspires to set up a full aeroderivative gas turbine module repair facility in Malaysia, supporting over 600 regional turbines. The move is part of a partnership with Petronas, covering areas like LNG services, AI-powered digital solutions and post-combustion carbon capture. The turbine repair facility implies a substantial capital commitment - [Adriatic LNG delivers nearly 15% of Italy’s gas demand](https://gastopowerjournal.com/news/market/adriatic-lng-delivers-nearly-15-of-italys-gas-demand/) - Adriatic LNG – Italy’s third most important gas entry point after pipelines from Algeria and Azerbaijan – delivered 4.5 bcm of natural gas, equal to more than 14% of Italy’s national gas demand in the first half of this year. The terminal received 39 LNG carriers, mainly from Qatar and the United States. In May, - [Blackstone invests billions to power data centers](https://gastopowerjournal.com/news/brief-news/blackstone-invests-billions-to-power-for-data-centers/) - July 16 – Blackstone has announced plans to invest $25 billion in developing data centers and power plants in Pennsylvania in partnership with a regional electric utility. Chief Operating Officer (COO) Jon Gray specified several sites have been singled out, envisaged to host several gas-fired power stations in close vicinity to the data centers. - [Evergy hikes rates to finance 1.4 GW of new capacity in Kansas](https://gastopowerjournal.com/news/regulationpolicy/evergy-hikes-rates-to-finance-1-4-gw-of-new-capacity-in-kansas/) - Evergy, an electric utility serving Kansas and Missouri, has received regulatory approval to raise rates by 8.6%. This rate adjustment will help finance 1.4 GW of new electricity generation capacity, consisting of two gas-fired power plants and a large solar PV project. The two combined-cycle projects – Viola and McNew – will have a capacity - [Wärtsilä engines to supply onsite power for Ohio data center](https://gastopowerjournal.com/news/projectsandfinance/wartsila-engines-to-supply-onsite-power-for-ohio-data-center/) - Finish technology group Wärtsilä has secured an order to supply 282 MW of gas-fired engine capacity to power for a new data center project in Ohio. Fifteen 18V50SG engines are on order, set to provide electricity directly to the data center with equipment deliveries starting in late 2026. The engines and related equipment will be - [Rolls-Royce invests $75 million in South Carolina mtu engine plant](https://gastopowerjournal.com/news/market/rolls-royce-invests-75-million-in-south-carolina-mtu-engine-plant/) - mtu Series 4000 production at Aiken, South Carolina, will be expanded through a $75 million investment by Rolls-Royce. The move follows a $24 million expansion of the company’s Mankato, Minnesota facility, in response heightened pressure on the US electric grids due to the rapid growth of data centers. US data centers compete for electricity as - [ASEAN takes strides towards a regional power grid by 2045](https://gastopowerjournal.com/news/market/asean-takes-strides-towards-a-regional-power-grid-by-2045/) - Members of the Association of Southeast Asian Nations (Asean) are investing millions in cross-border power links to integrate the regional grid by 2045. To date, 9 out of 18 cross-border interconnection projects have been completed, providing around 7.7 GW of transmission capacity. The ASEAN Centre for Energy (ACE) recently secured a US$7.7 million grant from - [MCi launches software to track fixed-price contractor work](https://gastopowerjournal.com/news/technologyinnovation/mci-launches-software-to-track-fixed-price-contractor-work/) - Management Controls (MCi) has announced the launch of Transparent Lump Sum, designed to help asset-intensive industries – like oil and gas companies and electric utilities – oversee and manage fixed-price contractor work. Lump sum contracts, for long, were considered a ‘sell-it-and-forget-it’ model’ which limited oversight and increased the risk of double-billing. Industry leaders in oil - [Middle East gas production soars, if Brent price holds at $70/bbl](https://gastopowerjournal.com/news/market/middle-east-gas-production-soars-if-brent-price-holds-at-70-bbl/) - Gas production in the Middle East is on track to rise 30% by 2030 from currently 70 Bcf/d, thanks to large developments in Saudi Arabia, Iran, Qatar, Oman, and the UAE. These forecasts hinge, however, on Brent oil prices holding at $70 per barrel and oil-indexed gas prices hovering at the range of $7-9 per - [ArcLight buys 484 MW gas power plant in Ohio](https://gastopowerjournal.com/news/market/arclight-buys-484-mw-gas-power-plant-in-ohio/) - ArcLight Capital Partners has agreed to fully acquire Middletown Energy Center, a 484 MW combined-cycle gas power plant situated in Butler County, Ohio. The value of the deal was not disclosed and the transaction is expected to close in the autumn of 2025. Commissioned in 2018, Middletown Energy Center is one of the newest and - [INNIO, Gföller set up JV to manufacture gas engines in Florida](https://gastopowerjournal.com/news/market/innio-gfoller-set-up-jv-to-manufacture-gas-engines-in-florida/) - Jenbacher engines maker INNIO and container systems specialist Gföller have set up IGPS to manufacture gas engines in the U.S. With this move, the two Austrian partners want to reduce lead times, improve after-sales service. Situated in Fort Pierce, Florida, the IGPS plant is expected to begin operations later this year, supporting INNIO’s Jenbacher gas - [SOFC market to top $11bn by 2030](https://gastopowerjournal.com/news/brief-news/sofc-market-to-top-11bn-by-2030/) - July 14 – The market for solid oxide fuel cells (SOFC) is set to expand from currently $2.98 billion to $11.61 billion by 2030, growing at a rate of 31.2% during the forecast period. According to MarketsandMarkets, demand for SOFC is driven by a trend towards clean, decentralized energy. Unlike conventional, centralised power stations, SOFCs - [Philippine’s LNG imports to jump over 500% on power sector needs](https://gastopowerjournal.com/news/market/philippines-lng-imports-to-jump-over-500-on-power-sector-needs/) - LNG imports to the Philippines are forecast to jump 508% between this year and 2029, pushing up electricity prices. Power generators are forced to burn LNG in the face of the fast-depleting Malampaya gas and condensate field. Projections from the Philippine Energy Plan (PEP) show, the transition to LNG could cost some $3.9 billion (PHP218 - [Share of US energy imports falls to just 17% of domestic supply](https://gastopowerjournal.com/news/market/share-of-us-energy-imports-falls-to-just-17-of-domestic-supply/) - The shale gas revolution and renewable energy build-out has made US energy imports fall off a cliff, accounting for just 17% of domestic energy supply, half of the record share in 2006. The United States remained a net energy importer for the third consecutive year, EIA data show. Since the ‘shale gale’, the US is - [Up to 700 GW of battery storage could be online by 2035](https://gastopowerjournal.com/news/energy-storage/up-to-700-gw-of-battery-storage-could-be-online-by-2035/) - Build-out of large-scale battery storage is gaining speed, with experts predicting up to 700 GWh of battery storage capacity could be available worldwide by 2035. More than half of the built-out takes place in China, where intermittent solar power is close to reaching 50% of installed capacity. China accounted for 47.5% of the global solar - [2025 July 11](https://gastopowerjournal.com/weekly-news/2025-july-11/) - [NuQuest seeks partners](https://gastopowerjournal.com/news/brief-news/nuquest-seeks-partners/) - July 10 – US energy developer NuQuest is seeking for long-term operating partners for various projects, notably 2.2 GW of solar PV and battery storage for to power a greenfield a data center. Projects are situated in the MISO-South, encompassing parts of Arkansas, Louisiana, Mississippi, and Texas. - [Germany’s SEFE seals offtake deal with CP2 LNG for 0.75 mtpa](https://gastopowerjournal.com/news/market/germanys-sefe-seals-offtake-deal-with-cp2-lng-for-0-75-mtpa/) - SEFE Energy, Germany’s largest state-owned gas supplier, has agreed to purchase an additional 0.75 mtp of liquefied natural gas from the CP2 LNG terminal. The amended contract increases SEFE’s offake from the US export terminal to 3 mtpa, with most of the imported fuel designated for flexible gas power generation. SEFE, short for ‘Securing Energy - [ACWA Power signs $10 billion deals for energy projects in Indonesia](https://gastopowerjournal.com/news/hydrogen/acwa-power-signs-10-billion-deals-for-energy-projects-in-indonesia/) - Saudi developer ACWA Power has signed agreements – valued at up to $10 billion in CAPEX – to develop 500 MW clean power gen capacity, including hydrogen co-fired power plants, green hydrogen plants paired with solar power, and desalination projects in Indonesia. The landmark agreements were sealed with Danantara Indonesia, the sovereign wealth fund’s investment - [Brent’s flirt with contango could make OPEC+ cut supply](https://gastopowerjournal.com/uncategorized/brents-flirt-with-contango-could-make-opec-make-fresh-cuts/) - If the Brent crude oil market begins to flirt with contango, OPEC+ will likely cut production, Rystad reckons. The primary goal of oil and gas producers remains maintaining a backwardated market structure, with crude prices impacting oil-indexed gas and LNG contracts. Concerns over rising supply have flattened the curve beyond the summer. Yet prompt prices - [Duisport launches CO2-neutral energy system at Gateway Terminal](https://gastopowerjournal.com/news/technologyinnovation/duisport-launches-co2-neutral-energy-system-at-gateway-terminal/) - Duisburger Hafen AG and Rolls-Royce have launched a CO₂-neutral energy system, consisting of two mtu cogeneration units that run entirely on hydrogen. Battery-based energy storage, hydrogen fuel cells and solar photovoltaic are complementing the hybrid power system. The terminal, spanning the area of 33 soccer fields, needs some 3,500 MWh of electricity per year, especially - [Negative power prices periods become more frequent in the UK](https://gastopowerjournal.com/news/market/negative-power-prices-periods-become-more-frequent-in-the-uk/) - Hot summer weather, and robust solar and wind power output, are making electricity prices in the UK frequently fall below zero. If the current trend persists, Montel Analytics expects the number of below zero day-ahead prices in Q3 could top 134, compared with 112 instances in Q2 2025. “As intermittent generation continues to expand, periods - [MET buys German gas storage](https://gastopowerjournal.com/news/brief-news/met-buys-german-gas-storage/) - July 8 – Swiss-based MET Group has acquired 100% of KGE, a natural gas storage operator based in Gronau, North Rhine-Westphalia. Working gas volume at Epe totals 179 mmcm, connected to Open Grid Europe. To date, the owners were EWMR , Dortmund's DEW21, Stadtwerke Essen, Gelsenwasser AG and MET Holding Germany. In Germany, MET already operates - [Taiwan: Repowered Hsinta plant delivers 1.3 GW to the grid](https://gastopowerjournal.com/uncategorized/taiwan-repowered-hsinta-plant-delivers-1-3-gw-to-the-grid/) - The first of three blocks of Taiwan Power’s Hsinta plant have started to operate and dispatch up to 1,3 gigawatt (GW) of electricity to the grid. Driven by GE 7HA.03 combined-cycle equipment, the three blocks will gradually replace the existing coal-fired units at the site. NPC NPCO director Huang singled out the Hsinta plant as - [MHI to carry out FEED for Japan’s largest CO2 capture plant](https://gastopowerjournal.com/news/technologyinnovation/mhi-to-carry-out-feed-for-japans-largest-co2-capture-plant/) - Mitsubishi Heavy Industries (MHI) has won an order from Hokkaido Electric Power (HEPCO) to carry out the Front End Engineering Design (FEED) for a carbon capture plant at Tomato-Atsuma power station. Some 5,200 tons of CO2 per day will be captured initially from flue gases emitted during the combustion process. The project will allow MHI - [Hunter Power Project fires up](https://gastopowerjournal.com/news/brief-news/hunter-power-project-fires-up/) - July 7 – The 750 MW Hunter Power Project has been fired up today, the operator Snowry announced. Situated in Kurri Kurry, in the Australian territory of New South Wales, the plant consists of two open-cycle gas turbine and will initially supply 660 MW of electricity to the grid. - [Redeployed turbines set to power HyperGrid AI campus in Texas](https://gastopowerjournal.com/news/projectsandfinance/re-deployed-turbines-to-power-hypergrid-ai-campus-in-texas/) - Fermi America has bought more than 600 MW of gas power capacity for its planned HyperGrid AI campus in Texas – a major step towards 1 GW of onsite power generation. By leveraging re-deployed gas assets, Fermi America avoids the typical 2-3 years lead times for new equipment. The assets were secured over two separate - [Aramco considers divesting up to five gas power assets](https://gastopowerjournal.com/news/market/aramco-considers-divesting-up-to-five-gas-power-assets/) - Saudi Armaco, the world’s largest oil producer, is preparing to divest up to five plants that currently power its refineries. The sale could generate around $4 billion and is part of the Government’s strategy to streamline Aramco’s operations, cut costs and diversify assets. Considered the most profitable company in the world, Aramco is a critical - [Santos' LNG supply deal with QatarEnergy helps optimise volumes](https://gastopowerjournal.com/news/market/santos-seals-lng-supply-deal-with-qatarenergy-helps-optimise-volumes/) - Australian oil and gas developer Santos – subject to a takeover bid from an Abu Dhabi led consortium, has sealed a mid-term LNG supply contract with QatarEnergy Trading (QET). The contract, stipulating 0.5 mtpa delivered over two-years starting 2026, will "help optimise equity-lifted volumes," CEO Kevin Gallagher said. "This deal is a great opportunity for - [Bangladesh tenders for two spot LNG cargoes by August](https://gastopowerjournal.com/news/market/bangladesh-tenders-for-two-spot-lng-cargoes-by-august/) - RPGCL, Bangladesh’s state-run gas company, has issued a tender to buy two further spot LNG cargoes by mid-August in an effort to increase natural gas supplies to industries, power stations and end-customers. Bid submission deadline is on July 7. Delivery of the LNG cargoes is sought for the period of August 3-4 and August 14-15, - [LR, DAI partner on ammonia in Egypt](https://gastopowerjournal.com/news/brief-news/lr-dai-partner-on-ammonia-in-egypt/) - July 4 – Lloyd's Register (LR) has entered into a memorandum with German developer DAI for Project Ra, a large-scale green ammonia production and bunkering development at East Port Said, Egypt. The project aims to produce up to 2 million tonnes of green ammonia annually, leveraging Egypt's renewable energy resources. - [Zero-carbon energy soars in the US, eat into share of fossil fuels](https://gastopowerjournal.com/news/market/zero-carbon-energy-soars-in-the-us-eat-into-share-of-fossil-fuels/) - Electricity generation from some zero-carbon sources – notably wind and solar – has staged a rapid rise in the U.S. in recent years. Hydropower and nuclear energy flatlined, while coal-fired and unabated gas power is in steady decline. The United States now consumes more energy from wind and solar sources individually than from hydropower, government - [Hitachi, L&T team up to modernise Saudi grid](https://gastopowerjournal.com/news/technologyinnovation/hitachi-larsen-turbo-deliver-gis-to-upgrade-saudi-power-grid/) - Hitachi Energy has partnered with Larsen & Toubro (L&T) to deliver 380 kilovolt (kV) gas-insulated switchgear (GIS) to National Grid Saudi Arabia Company. Modernising the grid in the northern part of the Saudi Kingdom is paramount as electricity demand will exceed 500 TWh by 2030. Urbanisation, electrification of transport and industrial growth – all these - [2025 July 4](https://gastopowerjournal.com/weekly-news/2025-july-4/) - [EDP demonstrates hydrogen co-firing at Ribatjo CCGT](https://gastopowerjournal.com/news/technologyinnovation/edp-demonstrates-hydrogen-co-firing-at-ribatjo-ccgt/) - Energias de Portugal (EDP) and the European Turbine Network (ETN) are finalising research under the FLEXnCONFU project, whereby EDP demonstrates hydrogen and ammonia co-firing at its 1.2 GW Ribatjo power plant near Lisbon. The project has a total budget of €12.6 million. Hydrogen and ammonia, produced at low cost from excess supply of wind and - [Pakistan re-sells LNG cargoes amid falling gas-burn](https://gastopowerjournal.com/news/market/pakistan-re-sells-lng-cargoes-amid-falling-gas-burn/) - Pakistan LNG Ltd (PLL) is looking to re-sell excess cargoes and considers storing tankers offshore. Rapid solar PV build-out alters Pakistan’s energy mix and cuts short the need of burning gas for generating electricity. Excess LNG deliveries, imported under term contracts, could incur state energy companies nearly $400 million in losses. Keen to curb oversupply, - [LM2500 turbines to modernise power plants in Puerto Rico](https://gastopowerjournal.com/news/projectsandfinance/lm2500-turbines-to-modernise-power-plants-in-puerto-rico/) - RG Engineering of Puerto Rico has ordered six LM2500XPRESS aeroderivative gas turbine packages from GE Vernova to modernise the Puerto Rico Electric Power Authority (PREPA) power plants at Daguao, Jobos, and Yabucoa. Held by Genera, a private operator, the six new units will provide 224 MW of fast-ramp capacity to the island’s power grid. Flexible - [Electricity demand surges in US Northeast during heat wave](https://gastopowerjournal.com/news/market/electricity-demand-surges-in-us-northeast-during-heat-wave/) - A severe heat wave across the Eastern United States has led to multiyear highs in electricity demand for both PJM Interconnection and ISO New England on June 23 and June 24, respectively. In the PJM Interconnection, the largest wholesale electricity market in the country, electricity demand peaked at 160,560 megawatts on Monday, June 23, between - [Baker Hughes wins compressor contract for Liverpool Bay CCS](https://gastopowerjournal.com/news/technologyinnovation/baker-hughes-wins-compressor-contract-for-liverpool-bay-ccs/) - Baker Hughes has won a contract to supply compression technology for Eni’s Liverpool Bay carbon capture and storage (CCS) project. The compressed CO2 will be re-injected in offshore delegated gas fields under Liverpool Bay. The project just reached FID and will from the backbone of the HyNet Cluster. HyNet is a UK industrial decarbonisation project, - [Siemens acquires IDT](https://gastopowerjournal.com/uncategorized/siemens-acquires-idt/) - July 1 - Siemens has closed the acquisition of ebm-papst's Industrial Drive Technology (IDT) division whose portfolio includes integrated mechatronic systems. The acquisition complements Siemens Xcelerator offering, adding to manufacturing automation solutions. - [Heatwave makes China brace for surge in electricity demand](https://gastopowerjournal.com/news/market/heatwave-makes-china-brace-for-surge-in-electricity-demand/) - Peak electricity demand in China could surge by an additional 100 GW this summer – equivalent to the entire power gen capacity of the UK. China's National Energy Administration (NEA) attributes this spike in demand to intensified air-conditioning use and broader industrial activity. To meet soaring demand, Chinese power generators have been taking steps to - [LM2500 turbines ordered in Puerto Rico](https://gastopowerjournal.com/news/brief-news/lm2500-turbines-ordered-in-puerto-rico/) - June 30 - GE Vernova has secured an order for six of its LM2500XPRESS* aeroderivative gas turbine packages from the RG Engineering of Puerto Rico. The six units will help modernize the Puerto Rico Electric Power Authority (PREPA) power plants at Daguao, Jobos, and Yabucoa, held by the private operator Genera. - [Texas approves $105m loan for Rock Island generation project](https://gastopowerjournal.com/news/regulationpolicy/texas-approves-105m-loan-for-rock-island-generation-project/) - The Texan Governor Greg Abbott has approved a loan to support the Rock Island Generation project in Colorado County, west of Houston. The 20-year loan of up to $105 million will be provided through the Texas Energy Fund, with a view to getting the 122 MW gas-fired power plant into operation by June 2027. Total - [Iraq in talks with Excelerate on buying US LNG](https://gastopowerjournal.com/news/market/iraq-in-talks-with-excelerate-on-buying-us-lng/) - Iraq is nearing completion on its first ever LNG purchase agreement, as the country struggles to meet growing electricity demand amid recurring power outages. Excelerate Energy is one of the leading bidders in a competitive tender and currently in advanced talks with Iraq’s state-run South Gas Company. Though contract volumes have not been publicly disclosed, - [Vietnam’s first LNG-fuelled power unit connects to the grid](https://gastopowerjournal.com/news/projectsandfinance/vietnams-first-lng-fuelled-power-unit-connects-to-the-grid/) - PetroVietnam Power has synchronized its 1,500 MW Nhon Trach 4 power plant – the country’s first plant running on imported LNG, sourced through the nearby Thi Vai LNG regas terminal. Nhon Trach 4 delivered 50 MW in its initial grid connection, with full commercial operations due by November. State-dominated PV Power is planning to its - [Electricity bills to rise this summer](https://gastopowerjournal.com/news/brief-news/electricity-bills-to-rise-this-summer/) - June 27 – Residential customers in the United States can expect average monthly electricity bills of $178, a slight increase from last summer’s average of $173. Weather remains the main source of uncertainty for energy bills, next to regional factors. Customers in New England, for instance, will face the largest rise in monthly electricity expenditures - [Transport, power gen drives 35% growth in American RNG market](https://gastopowerjournal.com/news/market/transport-power-gen-drives-35-growth-in-american-rng-market/) - The renewable natural gas (RNG) market in North America has demonstrated robust growth, expanding 35% since 2023 and adding a record 139 million cubic feet per day in 2024. Wood Mackenzie projects another 70 mmcf/d will be added this year, bringing total RNG capacity to 604 mmcf/d – mostly used for transportation and power generation. - [Thailand braces for power price spikes, LNG supply disruptions](https://gastopowerjournal.com/news/market/thailand-braces-for-power-price-spikes-lng-supply-disruptions/) - Thailand’s Energy Regulatory Commission (ERC) is stepping up efforts to mitigate the risks posed by disrupted LNG trade flows through the Strait of Hormuz. Nearly two-thirds of Thailand’s electricity comes from gas-fired power stations which largely depend on imported LNG, making them vulnerable to supply shortages and geopolitical risk. “Natural gas is the backbone of - [Balfour Beatty secures £833 million Net Zero Teesside contract](https://gastopowerjournal.com/news/projectsandfinance/balfour-beatty-secures-833-million-net-zero-teesside-contract/) - Technip Energies has awarded the infrastructure developer Balfour Beatty a £833 million contract to help build Net Zero Teesside Power, the world’s first gas-fired power station with carbon capture. Up to two million tonnes of CO2 per year will be captured from the 742 MW power plant for storage under the North Sea. The contract - [2025 June 27](https://gastopowerjournal.com/weekly-news/2025-june-27/) - [US electricity use for computing to surpass space cooling](https://gastopowerjournal.com/news/market/us-electricity-use-for-computing-to-surpass-space-cooling/) - Electricity consumed for commercial computing in the United States will rise faster than any other end use in buildings including lighting and space cooling. According to government projections computing accounted for an estimated 8% of commercial sector electricity consumption in 2024 and grows to 20% by 2050. Growth of commercial computing capacity will outpace efficiency - [Automotive, power gen industry face rare earth bottlenecks](https://gastopowerjournal.com/news/market/automotive-power-gen-industry-face-rare-earth-bottlenecks/) - Manufacturers of cars and power generation equipment are struggling with rare earth shortages as China tightens its grip on these raw materials. According to Wood Mackenzie figures, there was a 51% drop in Chinese rare earth magnet exports in April 2025 compared to March – far exceeding seasonal norms. Rare earth elements are used in - [Energy as a Service market to grow 8.7% through 2034](https://gastopowerjournal.com/news/market/energy-as-a-service-market-to-grow-8-7-through-2034/) - The Energy as a Service (EaaS) market has reached $126 billion in market valuation and is projected to grow at a rate 8.7% through 2034. According to GM Insights, operational and maintenance services could generate $132.5 billion by 2034 as businesses prioritize solutions that enhance efficiency and sustainability. Government policies help accelerate EaaS adoption. In - [EaaS market tops $125bn](https://gastopowerjournal.com/news/brief-news/eaas-market-tops-125bn/) - June 24 – The Energy as a Service (EaaS) market has reached $126 billion in market valuation and is projected to grow at a rate 8.7% through 2034. According to GM Insights, growth is driven by the increasing shift toward sustainability, reinforced by supportive government incentives and surging energy demand across industries. - [Ansaldo inaugurates ‘8 November’ CCGT in Azerbaijan](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-inaugurates-8-november-ccgt-in-azerbaijan/) - Ansaldo Energy today inaugurated the ‘8th November’ combined-cycle power plant, developed by Azerenergji in Mingachevir. The CCGT is powered by four AE94.3A gas turbines ready to burn up to 40% hydrogen in blend with natural gas. With more than 125 units sold worldwide and over 5 million equivalent operating hours accumulated, the AE94.3A gas turbine - [South Korea targets 18.8% share of LNG in power mix by 2030](https://gastopowerjournal.com/news/market/south-korea-targets-18-8-share-of-lng-in-power-mix-by-2030/) - Executives South Korea’s state-run utility KOGAS have visited Alaska as the Ministry of Trade, Industry and Energy (MOTIE) targets to increase the share of LNG in the power gen mix from 16.9% currently to 18.8% by 2030. US LNG imports to Korea already more than doubled year-on-year amid Free Trade Agreements renegotiations. The US Trump - [Woodside LNG cargoes to help meet Japan’s peak power demand](https://gastopowerjournal.com/news/market/woodside-lng-cargoes-to-help-meet-japans-peak-power-demand/) - Woodside Energy Trading Singapore has signed a non-binding Heads of Agreement with Japan’s largest utility JERA deliver three LNG cargoes, or approximately 0.2 mtpa, during December to February to meet Japan’s peakload power demand in the winter season. LNG from Australia will be shipped over a 5-years tenure starting from 2027. Despite decarbonisation policies set - [US utilities plan to add nearly 19 GW of CCGT capacity by 2028](https://gastopowerjournal.com/news/market/us-utilities-plan-to-add-nearly-19-gw-of-ccgt-capacity-by-2028/) - Developers and US utilities plan to add 18.7 gigawatts (GW) of combined-cycle capacity to the grid by 2028, with 4.3 GW already under construction. Only one CCGT came online last year, adding 98 MW to the existing gas power station at Plaquemines LNG terminal. Though gas-fuelled generators have been the largest source of electricity in - [Petronas to ship first LNG Canada cargo to Toho Gas in July](https://gastopowerjournal.com/news/market/petronas-to-ship-first-lng-canada-cargo-to-toho-gas-in-july/) - Petronas has announced the first LNG cargo from its share in the LNG Canada project will be destined to Toho Gas, a Japanese city gas utility. Speaking at the LNG Producer-Consumer Conference in Tokyo, a Petronas official also said the company’s third FLNG project offshore Malaysia is scheduled to start production in 2027. Petronas owns - [IHI and GE complete test facility for ammonia gas turbine](https://gastopowerjournal.com/news/technologyinnovation/ihi-and-ge-complete-test-facility-for-ammonia-gas-turbine/) - IHI Corp and GE Vernova have completed a large-scale test facility to develop a novel combustor that will enable F-class gas turbines to burn up to 100% ammonia by 2030. Combustion tests in the new facility at IHI Aioi Work in Hyogo, Japan, are meant to start this summer. Ammonia, a derivative from hydrogen, is - [Supreme Court allows challenge of Clean Air Act waivers](https://gastopowerjournal.com/news/brief-news/supreme-court-allows-challenge-of-clean-air-act-waivers/) - June 23 – The US Supreme Court has ruled that fuel industry groups have legal grounds to challenge the Environmental Protection Agency (EPA) waiver that allowed California to implement its Advanced Clean Car I standards. The ruling challenges California’s quest to implement separate, more stringent pollution standards. - [Turtle Creek Station (450 MW) begins operation in Nebraska](https://gastopowerjournal.com/news/projectsandfinance/turtle-creek-station-450-mw-begins-operation-in-nebraska/) - Omaha Public Power District (OPPD) has officially started up Turtle Creek Station. The dual-fuel power plant, situated near Papillion, can deliver up to 450 MW of electricity — enough to power roughly 337,500 homes at peak output. At the heart of the plant are two combustion turbines, with 225 MW each, capable to each full - [UK power rental market grows 5%](https://gastopowerjournal.com/news/brief-news/uk-power-rental-market-grows-5/) - June 20 – Rental power market in the UK, valued $335 million in 2024, is projected to grow at a rate of more than 5% and reach $451.10 Million by 2030. According to the Europe Rental Association (ERA), the power rental segment is highly fragmented, with the top four companies holding only one-third of the - [Expro to appraises wells in Endurance reservoir for UK CCS project](https://gastopowerjournal.com/news/projectsandfinance/expro-to-appraises-wells-in-endurance-reservoir-for-uk-ccs-project/) - Energy services provider Expro has been commissioned by the Northern Endurance Partnership (NEP) – a joint venture between bp, TotalEnergies, and Equinor – to appraise two wells in the Endurance reservoir for future CCS suitability. The Endurance reservoir, capable to store up to 450 million tons of CO2 a year by 2030, is regarded as - [2025 June 20](https://gastopowerjournal.com/weekly-news/gtp-2025-jun-20/) - [Industry salutes Germany’s €500bn energy infrastructure fund](https://gastopowerjournal.com/news/market/industry-salutes-germanys-e500bn-energy-infrastructure-fund/) - Energy executives have welcomed a draft of a €500 billion special fund for infrastructure and climate neutrality, set up by the German government. Monies, if distributed effectively, will help the country reach net-zero emissions by 2045. The draft, however, falls short on clear definitions of terms for funding which makes it difficult for investors to - [Hoisting of China’s largest turbine completed at Anji CCGT](https://gastopowerjournal.com/news/technologyinnovation/china-hoisting-of-chinas-largest-turbine-completed-at-anji/) - CHN Energy has completed the hoisting of China’s largest and most efficient turbine at Anji power plant in Zhejiang province. The turbine is the first of two 9HA.02 units to be installed at the Anji combined-cycle plant before the end of 2025. Each turbine will add 780 MW to the CCGT’s overall capacity, operating at - [Meralco arm commissions 100 MW fast-start plant in Singapore](https://gastopowerjournal.com/news/projectsandfinance/meralco-arm-commissions-100-mw-fast-start-plant-in-singapore/) - PacificLight Power (PLP), affiliate of Meralco Power Gen, has completed and commissioned a 100 MW power plant on Jurong Island, Singapore. The fast start unit, powered by a Siemens turbine, will provide ancillary services and supplement power supply from PLP’s existing 830 MW combined-cycle unit. The project was completed with over 480,000 man-hours and no - [World’s energy investment tops $3 trillion, led by China](https://gastopowerjournal.com/news/market/worlds-energy-investment-tops-3-trillion-led-by-china/) - Global energy investment will reach a record $3.3 trillion this year – despite escalating geopolitical tensions and related economic uncertainty, the International Energy Agency (IEA) finds. China cements its position as the world’s single largest investor in energy. China’s energy investment in 2015 in China was just edging ahead of that of the United States, - [Siemens Energy rated Baa2+](https://gastopowerjournal.com/news/brief-news/siemens-energy-rated-baa2/) - June 18 – Moody’s has rated Siemens Energy AG as ‘investment grade’ at Baa2 with a positive outlook (+) in its inaugural rating which affirms the company’s creditworthiness.In its rating, Moody’s noted Siemens Energy’s leading market positions, its broad geographic and product offering, the positive long-term market fundamentals alongside a growing order backlog and its - [Successful test to run M501GAC turbine on 50% hydrogen blend](https://gastopowerjournal.com/news/projectsandfinance/successful-test-to-run-m501gac-turbine-on-50-hydrogen-blend/) - US regional utility Georgia Power and Mitsubishi Power have completed a second trial blending hydrogen and natural gas fuels on an M501GAC turbine at McDonough-Atkinson power station. The 50% hydrogen blend lowered carbon emissions by 22% compared to full natural gas combustion. Tests – at partial and full load – on the M501GAC turbine have - [Petronas signs MoU to provide LNG supply to Japan](https://gastopowerjournal.com/news/market/petronas-signs-mou-to-provide-lng-supply-to-japan/) - Malaysian state energy company Petronas and Japan’s leading LNG importer and power producer JERA have signed a memorandum of understanding (MoU) to provide “reliable LNG supply for Japan.” The accord was signed during the Energy Asia 2025 conference. Petronas has shipped LNG to Japan for more than 40 years and CEO Tengku Taufik underlined the - [Australian LNG 'key' for exiting coal in Asia](https://gastopowerjournal.com/uncategorized/australian-lng-key-for-exiting-coal-in-asia/) - Burning LNG to generate electricity and balance renewable energy is ‘key’ to exit coal in Asia. Australia, along with other ‘LNG supply nations, now has a “unique opportunity to expand LNG production, S&P Global Commodity Insights finds. Though there are domestic gas shortages in East Coast Australia, the country “has more than enough gas to - [UK gov’ confirms £500m funding for hydrogen infrastructure](https://gastopowerjournal.com/uncategorized/uk-gov-confirms-500m-funding-for-hydrogen-infrastructure/) - Funds of over £500 million have been confirmed by the UK government in the nation’s first integrated hydrogen transport and storage network. The new package comes on top of around £400 million allocated last March to 11 electrolytic hydrogen projects, with additional funding rounds planned to boost hydrogen production capacity to 10 GW by 2030. The government’s Funds of over £500 million have been confirmed by the UK government in the nation’s first integrated hydrogen transport and storage network. - [Risk premium on oil at $8 as Iran-Israel conflict escalates](https://gastopowerjournal.com/news/market/risk-premium-on-oil-at-8-as-iran-israel-conflict-escalates/) - Escalating tensions between Israel and Iran have pushed up crude oil prices to nearly $75 per barrel. The geopolitical risk premium – essentially the added cost of oil due to the military conflict – has soared to around $8 per barrel, impacting oil-indexed natural gas contracts as well as term LNG deliveries. The outlook hinges Tensions between Israel and Iran have pushed up crude oil prices to nearly $75 per barrel. The geopolitical risk premium has soared to around $8 per barrel. - [P&W turns 100](https://gastopowerjournal.com/news/brief-news/pw-turns-100/) - June 16 – Pratt & Whitney (P&W) has celebrated 100 years of innovation, highlighting its aeroderivative gas turbines which deliver high efficiency, fast starts, and low emissions for power generation. Over 2,000 aeroderivative units have been deployed globally, providing up to 60 MW each. Pratt & Whitney (P&W) has celebrated 100 years - [JERA brokers deals to import up to 5 mtpa of US LNG](https://gastopowerjournal.com/news/market/jera-agrees-to-import-up-to-5-mtpa-of-us-lng/) - Japan's leading energy company JERA has agreed to import up to 5.5 million tonnes of LNG annually from the US over a 20-year period. The deals include sales and purchase agreements (SPAs) with NextDecade and Commonwealth LNG. Japan’s Ministry of Economy, Trade and Industry (METI) called the deals “essential” to maintaining a stable and flexible JERA has agreed to import up to 5.5 million tonnes of LNG annually from the US over a 20-year period. - [2025 June 6](https://gastopowerjournal.com/weekly-news/2025-june-6/) - [Siemens Energy replaces federal guarantee with bank loan](https://gastopowerjournal.com/news/market/siemens-energy-replaces-federal-guarantee-with-bank-loan/) - Siemens Energy has replaced replacement of the €11 billion debt facility, backed by the German federal government, with a new €9 billion bank loan. The new commercial loan has a 5-year tenure and was provided by an expanded consortium of 23 international banks. The Berlin-headquartered company faced substantial challenges due to quality issues in its - [GE Vernova to upgrade turbine at Uniper’s Grain CCGT in Kent](https://gastopowerjournal.com/news/projectsandfinance/ge-vernova-to-upgrade-turbine-at-unipers-grain-ccgt-in-kent/) - Uniper, one of Europe’s largest power and gas companies, has contracted GE Vernova to upgrade three GT26 gas turbine units at Grain power station in Kent, UK. The GT26 High Efficiency will increase power output of the combined-cycle plant by about 25 MW per unit. This equals a 1% increased efficiency in part load and - [Wärtsilä expands partnership with EDF Renewables in the UK](https://gastopowerjournal.com/news/energy-storage/wartsila-expands-partnership-with-edf-renewables-in-the-uk/) - Finish technology company Wärtsilä is expanding its partnership with EDF Renewables UK and Ireland with construction underway on two new battery projects, adding to the existing six. In total, Wärtsilä will now deliver eight sites, offering 404.5 MW / 709 MWh of energy storage capacity across the England and Wales. Six out of eight facilities - [MAN ES becomes Everllence](https://gastopowerjournal.com/news/brief-news/man-es-becomes-everllence/) - June 6 – The former MAN Energy Solutions is now operating under a new name and has become ‘Everllence’. The company remains part of the Volkswagen Group, and its product and service portfolio stay unchanged. - [Burckhardt reports strong growth in order intake and OPEX](https://gastopowerjournal.com/news/market/burckhardt-reports-strong-growth-in-order-intake-and-opex/) - Swiss manufacturer Burckhardt Compression has reported strong growth in order intake, sales, and operating profit (OPEX). In the first half of fiscal year 2024, order intake reached 615.2 million Swiss francs (US$751.14m), up 5.8% yoy, while sales grew by 7.1% amid a significant rise in deliveries in the Systems and Services divisions. Both divisions - [Eaton and Siemens Energy to develop off-grid power for AI](https://gastopowerjournal.com/news/technologyinnovation/eaton-and-siemens-energy-to-develop-off-grid-power-for-ai/) - Eaton and Siemens Energy leaders have signed an agreement aimed at accelerating data center development with grid-independent power systems. The standard configuration generates 500 MW of electricity, featuring SGT-800 gas turbines, redundancy and additional battery storage. Based on its modular approach, the size of the power plant can be scaled up and down. In - [TotalEnergies acquires eight solar and two battery projects in the UK](https://gastopowerjournal.com/news/projectsandfinance/totalenergies-acquires-eight-solar-and-two-battery-projects/) - TotalEnergies has announced the acquisition of a pipeline of eight solar projects with a capacity of 350 MW and two battery storage projects in the south of England with a capacity of 85 MW from Low Carbon. Due operational by 2028, the projects could generate enough electricity for up to 100,000 British households. These solar - [KARMOL names FSRU in Singapore](https://gastopowerjournal.com/news/projectsandfinance/karmol-names-fsru-in-singapore/) - KARMOL, a joint venture between Karpowership and Japan’s MOL, has named its latest Floating Storage and Regasification Unit (FSRU) at Seatrium’s yard in Singapore. Works are underway at Seatrium to complete the conversion of three FSRUs on behalf of Karpowership, with an optional fourth project. Karpowership, part of Istanbul-based Karadeniz Holding, has the world’s largest - [10-year PPA signed for wind energy](https://gastopowerjournal.com/news/brief-news/10-year-ppa-signed-for-wind-energy/) - June 3 – MET Energia Italia and Eredi Gnutti Metalli have entered a 10-year Power Purchase Agreement (PPA) to offtake wind energy at a fixed price. The volume of electricity supplied under the PPA represents about 9% of the energy needs of Eredi Gnutti’ Brescia-based metallurgy plants. - [Interconnections to turn Singapore into green power hub](https://gastopowerjournal.com/news/market/interconnections-to-turn-singapore-into-green-power-hub/) - Singapore is at the heart of an evolving regional power grid. If all proposed interconnections get built, they could unlock up to 25 GW of renewable and energy storage capacity worth over $40 billion. Natural gas currently accounts for 96% of Singapore’s power mix. Yet importing electricity through the regional grid is cost-effective for the - [US gov’ slashes funding for CCS project worth $3.7 billion](https://gastopowerjournal.com/news/regulationpolicy/us-gov-slashes-funding-for-ccs-project-worth-3-7-billion/) - US energy secretary Chris Wright has terminated 24 awards of funding – worth US$3.7 billion combined – for carbon capture and storage (CCS) projects. Affected projects include $331 million for Exxon Mobil’s hydrogen project at its Baytown refinery in Texas and $270 million for Calpine’s carbon capture projects in Texas and California. Further projects delayed, - [Ansaldo’s dual-track strategy includes gas and new nuclear](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-s-dual-track-strategy-includes-gas-and-new-nuclear/) - Ansaldo Energia has announced two contracts that reinforce its strategic positioning in both the conventional and nuclear energy sectors. Together with Uzatom, the Atomic Energy Agency of Uzbekistan, Ansaldo will work on the development small modular reactors while Ansaldo Green Tech is advancing hydrogen-ready combined-cycle gas combustion technology. As for new nuclear, the MoU with - [CAISO curtails solar power](https://gastopowerjournal.com/news/brief-news/caiso-curtails-solar-power/) - June 2 – California Independent System Operator (CAISO), the grid operator for most of the state, is increasingly curtailing solar- and wind-powered electricity generation as it balances supply and demand amidst rapid renewables capacity growth. In 2024, CAISO halted the dispatch of 3.4 million MWh of wind and solar output, a 29% increase year-on-year. - [First cargo from Port Arthur LNG slated for mid-2027](https://gastopowerjournal.com/news/market/first-cargo-from-port-arthur-lng-phase-2-slated-for-mid-2027/) - Sempra is preparing to ship the maiden cargo from Port Arthur LNG by mid-2027, inspired by the non-FTA permit granted by the US Department of Energy (DOE) for Phase 2. Construction on the 13 mtpa Phase 1 is forging ahead and Phase 2 will double the terminal's liquefaction capacity to 26 mtpa. The non-FTA permit - [First Gen sells lion’s share in gas business to Prime Infra](https://gastopowerjournal.com/news/projectsandfinance/firstgen-sells-lion-s-share-in-gas-business-to-prime-infra/) - First Gen, the Lopez-led energy incumbent in the Philippines, is selling 60% of its gas business to Prime Infrastructure in a deal worth 500 billion Pesos, equivalent to US$890 million. The transaction covers controlling interest in the 1 GW Santa Rita, 500 MW San Sorenzo, 97 MW Avion and the proposed 1.2 GW Santa Maria - [Hybrid vehicle sales keeps rising, impacts US electricity demand](https://gastopowerjournal.com/news/market/hybrid-vehicle-sales-keeps-rising-impacts-us-electricity-demand/) - Sales of hybrid vehicles in the US continues to rise while electric car sales eases slightly from a high level, upholding bullish momentum on electricity demand and prices. Some 22% of light-duty vehicles sold in the first quarter of 2025 were hybrid or plug-in hybrid vehicles, up from 18% in the pre-year period. The fall - [Ethanol-fuelled plant to be tested in Brazil](https://gastopowerjournal.com/news/brief-news/ethanol-fuelled-plant-to-be-tested-in-brazil/) - May 30 – Wärtsilä is partnering with a power plant in the Brazilian city of Recife with a view to running a 4 MW engine on ethanol for 4,000 hours during a two-year pilot starting in April 2026. The Finish engine maker claims the tests will be ‘world-first trial’ in generating electricity with an ethanol-powered - [PG&E and Smart Wires to enhance grid capacity in California](https://gastopowerjournal.com/news/technologyinnovation/pg-e-and-smart-wires-to-enhance-grid-capacity-in-california/) - Pacific Gas and Electric Company (PG&E) and Smart Wires will deploy advanced power flow control technology that makes the grid more reliable in meeting electricity supply commitments for data centers connecting in San Jose. APFC technology helps mitigate thermal overloads, redirect power flow and increase capacity at Los Esteros substation by 100 MW. The California - [Baker Hughes to supply 16 gas turbines to data center developer](https://gastopowerjournal.com/news/projectsandfinance/baker-hughes-to-supply-16-gas-turbines-to-data-center-developer/) - US technology firm Baker Hughes has been contracted by Frontier Infrastructure Holdings to supply 16 NovaLT gas turbines to deliver up to 270 MW of electricity. Prometheus, PureWest and Frontier partner on a 1.2 GW data center campus in Wyoming. Under the contract, Baker Hughes will deliver NovaLT gas turbines which can quick-start and run - [2025 May 30](https://gastopowerjournal.com/weekly-news/2025-may-30/) - {pub} {loadposition magazinelogin} {/pub} {reg} Download Gas To Power Journal - 2025 May 30 edition - [Gas, coal loses ground in Europe’s green energy transition](https://gastopowerjournal.com/news/market/gas-coal-loses-ground-in-europe-s-green-energy-transition/) - Thermal power is losing ground in Europe as wind and solar surpassed the combined share of coal and gas for the first time. Driven by $2.1 trillion global investment in 2024, low-carbon sources also transform the energy systems in the US and China. The European Union has become a global leader in terms of wind - [H-class turbines to expand Qurayyah power plant in Saudi Arabia](https://gastopowerjournal.com/news/projectsandfinance/h-class-turbines-to-expand-qurayyah-power-plant-in-saudi-arabia/) - Three GE Vernova 7HA.03 and two 7HA.02 gas turbines will be installed at Qurayyah Independent Power Plant (QIPP) in Saudi Arabia under an order secured from Técnicas Reunidas and Orascom Construction. The expansion will add a 3 GW combined-cycle unit with readiness for post-combustion carbon capture. Técnicas Reunidas and Orascom Construction, under a 50-50 joint - [Capstone turbines to power community in Oceania](https://gastopowerjournal.com/news/brief-news/capstone-turbines-to-power-community-in-oceania/) - May 29 – Capstone’ Australian distributor, Optimal Group, has been selected as EPC contractor for a remote community power generation project in the Oceania region. Two Capstone C1000S microturbines will deliver an initial 2 MW of electricity to an isolated community, with the system designed to be scaled up 5 MW of power. - [Australia: East Coast gas market faces structural shortfall](https://gastopowerjournal.com/news/market/australia-east-coast-gas-market-faces-structural-shortfall/) - Shortfalls in Australia’s East Coast gas markets force regulators to make tough choices. Price caps, while offering short-term consumer relief, risk to undermine project economics and deter investment in future supply, Wood Mackenzie warns. “Recent exemptions have effectively set a floor price, as market participants anchor prices to the cap, making the market less responsive - [Tests help optimise Wärtsilä’s ammonia](https://gastopowerjournal.com/news/brief-news/tests-help-optimise-waertsilae-s-ammonia/) - May 27 – Extensive testing of Wärtsilä 4-stroke engine for ammonia fuel have helped optimise performance. Co-firing a 95% ammonia energy share now achieves up to a 90%reduction in greenhouse gas emissions compared to equivalent diesel engines. Recent tests proved ammonia to be a suitable fuel for the low-pressure Otto cycle concept, which Wärtsilä uses - [Iberdrola affiliate rebuilds aging power grid in New York](https://gastopowerjournal.com/news/projectsandfinance/iberdrola-affiliate-rebuilds-aging-power-grid-in-new-york/) - Avangrid, part of Iberdrola Group, will spend $41 million – on top of over $500 million invested in New York’s power and gas grids – to rebuild three substations and add 22 miles of transmission lines in Ithaca, NY. CEO Pedro Azagara called the investment “a crucial step” to strengthen greater New York’s aging energy - [Germany’s hydrogen push stalls amid price uncertainty](https://gastopowerjournal.com/news/hydrogen/germany-s-hydrogen-push-stalls-amid-price-uncertainty/) - Plans for a German green hydrogen economy are facing serious delays due to unclear regulations, uncertain future pricing and lagging infrastructure, a new report by EY and BDEW finds. Investment is slowly forthcoming: the German government set a target of 10 gigawatts (GW) of electrolyser capacity by 2030 – but only 1.6 GW has been - [Wärtsilä to supply equipment for power plant in Lagos, Nigeria](https://gastopowerjournal.com/news/projectsandfinance/waertsilae-to-supply-equipment-for-power-plant-in-lagos-nigeria/) - Elektron Energy, a Nigerian independent power producer (IPP), has contracted Wärtsilä to supply power generation for a new 30 MW power plant being set up on Victoria Island in Lagos. The gas-fuelled plant will be embedded within the Eko Electricity Distribution Company (EKEDC) with the aim of making electricity supply more reliable. The flexible plant - [Statnett turns to Hitachi to expand power grid around Oslo](https://gastopowerjournal.com/news/projectsandfinance/statnett-turns-to-hitachi-to-expand-power-grid-around-oslo/) - Statnett, the Norwegian power system operator, has contracted Hitachi Energy to deliver eco-efficient grid connections in the greater Oslo area. The population of Oslo is forecast to rise 33% to 1.6 million by 2030, and Statnet’s grid expansion is meant to transport 60% more electricity. Hitachi Energy will install two 420-kilovolt grid connection solutions with - [MAN engines bound for Texan power plant](https://gastopowerjournal.com/news/brief-news/man-engines-bound-for-texan-power-plant/) - May 23 – Kerrville Public Utility Board (KPUB) has selected MAN Energy Solutions to supply six 18V51/60G gas engines, providing a total capacity of 124 MW. The gas engines are used in a peak-load power plant in Texas, increasing grid stability. - [Shareholder payouts under threat if oil price falls under $60](https://gastopowerjournal.com/news/market/shareholder-payouts-under-threat-if-oil-price-falls-under-60-bbl/) - If oil prices fall further – possibly below $60 per barrel – majors will have to choose between upholding high shareholder returns or spurning investors to save their balance sheets, analysts warn. BP, Eni and TotalEnergies target shareholder returns of 30-40% while Shell strives to achieve 40-50%. Most Western energy majors have tied payout targets to corporate cash - [‘Power Plant on Wheels’ to mitigate blackout risk at the Bahamas](https://gastopowerjournal.com/news/projectsandfinance/power-plant-on-wheels-to-mitigate-blackout-risk-at-the-bahamas/) - GE Vernova’s ‘Power Plant on Wheels’ will help meet peak power demand at the Bahamas this summer. Tourism has a massive impact on electricity use on the island, hence Bahama Turbines ordered two TM2500 aeroderivative gas turbines to temporarily expand its Clifton Piers power plant. Surpassing all previous records, more than 9,6 million tourists visited - [2025 May 23](https://gastopowerjournal.com/weekly-news/2025-may-23/) - {pub} {loadposition magazinelogin} {/pub} {reg} Download Gas To Power Journal - 2025 May 23 edition - [PROPWR secures inaugural contract](https://gastopowerjournal.com/news/brief-news/propwr-secures-inaugural-contract/) - May 21 – ProPetro Holding’s PROPWR division has secured its inaugural contract to commit 80 MW of power generation capacity for a Permian-focussed E&P operator starting from the third quarter of this year through 2026. Electricity will be supplied to a distributed microgrid installation, utilizing in-field gas. - [Oglethorpe Power selects 7HA.03 turbines for new CCGT in Georgia](https://gastopowerjournal.com/news/projectsandfinance/oglethorpe-power-selects-7ha-03-turbines-for-new-ccgt-in-georgia/) - Georgia-based energy cooperative Oglethorpe Power has turned to GE Vernova to supply two 7HA.03 gas turbines for its new combined-cycle gas power plant in Monroe County, New York State. The deal also includes delivery of two H84 hydrogen-cooled generators, two triple-pressure with reheat Heat Recovery Steam Generators and two STF-D600 steam turbines. The gas turbine - [Petronet CEO sees rise in Indian LNG import on higher gas-burn](https://gastopowerjournal.com/news/market/petronet-ceo-sees-rise-in-indian-lng-import-on-higher-gas-burn/) - India’s LNG imports are bound to rise over the coming months amid higher gas-burn in the summer season, forecasts Petronet CEO A.K. Singh. Utilities were already asked to operate underutilised gas-fuelled power plant at a higher capacity between May 26 and June 30. Rain and cooler temperatures have subdued gas demand over the past few - [Mauritania invites bids for power plant linked to GTA LNG project](https://gastopowerjournal.com/news/projectsandfinance/mauritania-invites-bids-for-power-plant-linked-to-gta-lng-project/) - Mauritania will launch a bidding process in two weeks’ time for a 550 MW gas-fuelled power plant linked to the Greater Tortue Ahmeyim (GTA) liquefied natural gas project. The new power project will be developed and financed through a public-private partnership (PPP). “All future power generation projects in Mauritania will be privately built,” said Mohamed - [GS Energy and Hanyang secure $815m loan for Yeosu LNG Hub](https://gastopowerjournal.com/news/market/gs-energy-and-hanyang-secure-815m-loan-for-yeosu-lng-hub/) - South Korean utility GS Energy and the construction firm BS Hanyang have been awarded a 1.1 trillion won ($815 million) project finance loan to develop the Northeast Asia LNG hub terminal in Yeosu. Built at a total cost of 1.4 trillion won, the project involves three LNG storage tanks with the first two slated to - [GE modernises Sasol’s Secunda power plant in Cape Town](https://gastopowerjournal.com/news/projectsandfinance/ge-modernises-sasol-s-secunda-power-plant-in-cape-town/) - Sasol’s Secunda power plant in Mpumalanga, near Cape Town in South Africa, has been modernized. By replacing of the pre-combustor system with a new DLN1+ combustor and a fuel gas module skid, GE Vernova increased the operational efficiency of the two installed 9E gas turbines. Secunda power station is a 10-unit coal-fired and 1-unit gas-fired power - [MAN announces world’s most powerful methanol engine](https://gastopowerjournal.com/news/technologyinnovation/man-announces-world-s-most-powerful-methanol-engine/) - MAN Energy Solutions is preparing to deliver the world's most powerful two-stroke methanol engine in June 2025. The engine, currently being built by MAN’s Chinese licensee is a liquid gas injection methanol type, rated at 82,440 kW which will be used to power container vessels. Interest in methanol is growing steadily: “To date, between newbuild - [Henry Hub spot price to top $4.20](https://gastopowerjournal.com/news/brief-news/henry-hub-spot-price-to-top-4-20/) - May 19 – Natural gas prices in the US are set to rise in the coming months as more LNG gets exported and gas-burn in the electric power sector increases seasonally. Government analysts forecast Henry Hub spot price will average nearly $4.20/MMBtu in the third quarter of 2025 – almost double the price from a - [Turkey’s new 75 bcm Black Sea gas discovery limits LNG imports](https://gastopowerjournal.com/news/market/turkey-s-new-75-bcm-black-sea-gas-discovery-limits-lng-imports/) - Turkish President Recep Tayyip Erdoğan has announced the discovery of a significant natural gas reserve at a well in the Black Sea. Estimated to hold 75 billion cubic metres (bcm) of natural gas at an estimated value of over $30 billion, the new find will put a lid on Turkey’s LNG imports. "With this discovery, - [Asian LNG demand revised down as Chinese economy flatlines](https://gastopowerjournal.com/news/market/asian-lng-demand-revised-down-as-chinese-economy-flatlines/) - Analysts have revised down Asian gas demand by 1.7 million tons after Chinese LNG imports fell 0.9 mt in a flatlining economy. The revision follows a 2.7 mt demand downgrade at the start of the US-China tariff war which impacts purchasing power and reduced LNG demand to 3.6 mt year-to-date. Macroeconomics data has been turning - [Baker Hughes launches flame detection tech for gas turbines](https://gastopowerjournal.com/news/technologyinnovation/baker-hughes-launches-flame-detection-tech-for-gas-turbines/) - Flame Tracker Increased Low Grain (ILG), an advanced flame detection technology, has been launched by Baker Hughes. Special sensors give an early warning if the flame in the combustor section is lost of unstable, triggering a shutdown to prevent turbine damage. The risk of such instable flames is significant: if unburnt fuel builds up in - [MHI starts up CCS pilot in Japan](https://gastopowerjournal.com/news/brief-news/mhi-starts-up-ccs-pilot-in-japan/) - May 15 – Mitsubishi Heavy Industries (MHI) has installed and commissioned a new carbon capture pilot project at KEPCO’s Himeji No.2 power plant Japan. The LNG-fuelled plant consists of 6 units and has a maximum output of 2,919 MW. - [US electricity prices rise fast than inflation](https://gastopowerjournal.com/news/market/us-electricity-prices-rise-fast-than-inflation/) - Retail electricity prices in the United States outpace the rate of inflation, up a substantial 13% between 2022 and 2025. Though nominal prices of oil-linked products fell over the past few years, electricity prices continued their steady increase as utilities seek to pass on capital costs for upgrading ageing generation or grid infrastructure. Annual spending - [GE announces $14bn initiative during Trump’s visit to Riyadh](https://gastopowerjournal.com/news/projectsandfinance/ge-announces-14bn-initiative-during-trump-s-visit-to-riyadh/) - GE Vernova has announced initiatives worth $14.2 billion in power generation equipment and grid stability in Saudi Arabia during US President Trump’s state visit to Riyadh. Projects include $2 billion in backlog or on a reservation agreement as of Q1-2025, with future contracts spanning across the next four years. Collaborations include deals with Saudi Electric - [2025 May 16](https://gastopowerjournal.com/weekly-news/2025-may-16/) - {pub} {loadposition magazinelogin} {/pub} {reg} Download Gas To Power Journal - 2025 May 16 edition - [TAQA reports 3.8% rise in Q1 revenue, though net profits slide](https://gastopowerjournal.com/news/market/taqa-reports-3-8-rise-in-q1-revenue-though-net-profits-slide/) - Abu Dhabi National Energy Company (TAQA) has reported a 3.8% revenue growth to AED 14.2 billion (US$3.86bn), driven by high growth in Transmission and Distribution (T&D) and strategic acquisitions. Despite high topline growth, EBITDA declined 6.7% and net income fell by 1.5% reflecting the company’s declining production of oil and gas. In the first quarter - [NeuVentus to hold open season for TRU Hub in Texas](https://gastopowerjournal.com/news/market/neuventus-to-hold-open-season-for-tru-hub-in-texas/) - Texan energy infrastructure developer NeuVentus is holding a non-binding open season for natural gas storage at its Texas Reliability Underground Hub (TRU Hub). The salt cavern storage is located in Liberty County, with bidding scheduled to begin at 9:00 am Central Time on May 14. The bidding process will conclude at 5:00 p.m. Central Time - [KARNO Module to be tested at Mesa’s stationary power plant](https://gastopowerjournal.com/news/technologyinnovation/karno-module-to-be-tested-at-mesa-s-stationary-power-plant/) - Texan flexible power provider Hyliion has signed a letter of intent with Mesa Solutions to deploy its 200 kW KARNO Power Module at a commercial site for stationary gas-fired power generation. A follow-up project, with additional modules in 200 kW and 2 MW configurations, is planned at an oil and gas site using wellhead or - [NFE signs charter for Energos Freeze](https://gastopowerjournal.com/news/brief-news/nfe-signs-charter-for-energos-freeze/) - May 14 – New Fortress Energy (NFE) has executed a three-year charter agreement for the Energos Freeze FSRU, with Energía 2000 in the Dominican Republic. The 125,000 cbm floating storage and regas unit will be deployed at port of Manzanillo and is due operational in September 2025, providing fuel for local power generators and industry. - [EGAS signs charter with Höegh to deploy FSRU in Egypt](https://gastopowerjournal.com/news/market/egas-signs-charter-with-hoeegh-to-deploy-fsru-in-egypt/) - Egyptian Natural Gas Holding Company (EGAS) has signed a 10-year charter with Höegh Evi to deploy a floating storage and regasification unit at Port of Sumed, starting from Q4-2026. The Höegh Gandria FSRU will offer up to 1,000 mmscf/day of LNG regas capacity, helping EGAS to stabilise gas supply for power generation. To meet the - [Turkey loans FSRU to Egypt in first overseas operation](https://gastopowerjournal.com/news/market/turkey-loans-fsru-to-egypt-in-first-overseas-operation/) - Turkey’s state-run BOTAS has loaned a floating storage and regas unit (FSRU) to Egypt. It will be the first time such a unit owned by Turkey will operated abroad on a temporary basis, Turkey’s energy minister Alparslan Bayraktar pointed out. Speaking after contract were signed, the minister said the charter will enable the implementation of - [Maiden LNG cargo arrives at KARMOL Powership in Senegal](https://gastopowerjournal.com/news/market/maiden-lng-cargo-arrives-at-karmol-powership-in-senegal/) - A maiden LNG cargo has arrived at the 125,000 cubic meter KARMOL LNGT Powership Africa, moored off the Senegalese capital Dakar since June 2021. Arrival of the first cargo – onboard a TotalEnergies-chartered tanker – helps the African nation to convert several power stations from oil to natural gas. KARMOL, a joint venture between Karpowership and - [NRG to acquire gas generation units and VPPs from LS Power](https://gastopowerjournal.com/news/market/nrg-to-acquire-gas-generation-units-and-vpps-from-ls-power/) - NRG Energy has entered a definitive agreement to acquire LS Power’s portfolio of natural gas generation facilities and a commercial and industrial virtual power plant in a $12 billion deal. The acquisition doubles NRG’s installed capacity, adding 18 gas-fired plants with 13 GW capacity combined. Spread across nine US states, these gas-fired power plant will - [Hawaiians pay sky-high electricity prices](https://gastopowerjournal.com/news/brief-news/hawaiians-pay-sky-high-electricity-prices/) - May 13 – US electricity customers in states such as Hawaii and Connecticut paid more than $200 per month for electricity in 2024 – more than twice as much as customers in states such as New Mexico and Utah. According to the EIA, the average electric monthly bill for U.S. residential customers was $144. - [Taiwan’s CPC to ramp up LNG imports via new terminal](https://gastopowerjournal.com/news/market/taiwan-s-cpc-to-ramp-up-lng-imports-via-new-terminal/) - CPC Corp, Taiwan’s state-owned energy company, is preparing to ramp up LNG procurement through a new regas terminal in the Guantang Industrial Area. By importing more natural gas, utilities comply with the government’s policy to exit nuclear power by the end of this year. The Guantang terminal, situated in the north of the island, will - [Singapore GasCo to centralise LNG procurement for power gen](https://gastopowerjournal.com/news/regulationpolicy/singapore-gasco-to-centralise-lng-procurement-for-power-gen/) - The Energy Market Authority (EMA) of Singapore has formed a new unit, named Singapore GasCo, that will centralise gas and LNG procurement for the city-state’s power generation sector. About 95% of Singapore’s power stations are running on natural gas, some can already co-fire hydrogen. State-owned Singapore GasCo will be empowered to by natural gas and - [Expansion of Zeeland gas plant to be complete mid-June](https://gastopowerjournal.com/news/projectsandfinance/expansion-of-zeeland-gas-plant-to-be-complete-mid-june/) - An expansion of Consumers Energy's 930 MW Zeeland Generating Station is underway and anticipated to be complete mid-June prior to the summer peak generation period. A new Advanced Gas Path (AGP) system will add 50 MW of dispatchable capacity along with 2.5% more fuel efficiency. The AGP upgrade at the Zeeland plant is part of - [Sembcorp signs S$650m deal with Aster](https://gastopowerjournal.com/news/brief-news/sembcorp-signs-s-650m-deal-with-aster/) - May 12 – Sembcorp has been contracted to provide gas, electricity and utility services to Aster Chemicals and Energy. The deal is worth at more than 650 million Singapore dollars (US$500.23 million), with works focussing on Aster’s refining and chemical facilities on Pulau Bukom and Jurong Island. - [Bosowa and BK LNG accelerate Indonesia’s coal-to-gas switch](https://gastopowerjournal.com/news/market/bosowa-and-bk-lng-accelerate-indonesia-s-coal-to-gas-switch/) - Privately-held Bosowa Energy Group, an East Indonesian conglomerate, has teamed up with BK LNG Solutions to accelerate Indonesia’s clean energy transition. The two partners agreed to develop floating storage units (FSRUs) for importing LNG to fuel gas-fired power plants and distribute small-scale LNG via ISO tanks to remote and underserved regions. The cooperation allows Bosowa - [Thermal power loses ground amid $2.1 trillion green energy investment](https://gastopowerjournal.com/news/market/gas-loses-ground-to-renewables-as-eu-energy-systems-shift/) - Thermal power is losing ground in Europe as wind and solar surpassed the combined share of coal and gas for the first time. Low-carbon sources also transform the energy systems in the United States and China driven by $2.1 trillion global investment in 2024, said Aliaksei Patonia of the Oxford Institute for Energy Studies. According - [2025 May 9](https://gastopowerjournal.com/weekly-news/2025-may-9/) - {pub} {loadposition magazinelogin} {/pub} {reg} Download Gas To Power Journal - 2025 May 9 edition - [US LNG industry seeks exemption from Trump’s shipping rule](https://gastopowerjournal.com/news/market/us-lng-industry-seeks-exemption-from-trump-s-shipping-rule/) - The American Petroleum Institute (API), whose members include Exxon Mobil, Chevron and Cheniere Energy, is calling on President Trump to exempt LNG tankers from a new rule. The novel regulation mandates producers to move 1% of their exports on US-built ships starting from April 2028, and that share would rise to 15% from April 2047 - [Reliance signs solar PPA with SECI](https://gastopowerjournal.com/news/brief-news/reliance-signs-solar-ppa-with-seci/) - May 8 – Reliance NU Suntech, part of Reliance Power, has sealed a 25-year power purchase agreement with Solar Energy Cop of India (SECI) to deliver 930 MW of electricity. The intermittent solar power supply will be backed up by a 465 MW/1,860 MW battery energy storage system – all at a fixed tariff of - [Siemens Energy raises outlook after strong Q2 results](https://gastopowerjournal.com/news/market/siemens-energy-raises-outlook-after-strong-q2-results/) - Rising electricity demand led to an “exceptionally strong quarter and first half of fiscal 2025” Siemens Energy said today, announcing a raise in its outlook. Revenue growth in fiscal 2025 is now expected between 13% and 15% at a profit margin before special items of up to 6%. US import tariffs, announced in April, are - [BASF technology to capture 2,000 tons of CO2 at Taiwanese plant](https://gastopowerjournal.com/news/technologyinnovation/basf-technology-to-capture-2-000-tons-of-co2-at-taiwanese-plant/) - BASF’s OASE blue gas treatment technology, combined with CCAT solutions, is meant to capture 2,000 tons of carbon emissions annually at Taipower’s Taichung power plant. If successful, Taipower will develop a larger CCS plant, aimed at capturing 1 million tons per year. Construction at Taipower’s Taichung plant is underway – driving Taipower’s transition from coal - [Gas to make up 30% of Southeast Asia’s energy mix by 2050](https://gastopowerjournal.com/news/market/gas-to-make-up-30-of-southeast-asia-s-energy-mix-by-2050/) - Southeast Asia will become a net LNG importer by 2032, with demand expected to soar approximately 182% over the next decade. Wood Mackenzie forecasts natural gas will account for 30% of the region‘s energy mix by 2050, outpacing both oil and coal particularly in Malaysia, Thailand, the Philippines and Vietnam. The cleaner-burning fuel is on - [SF6-switchgear for China’s SGCC](https://gastopowerjournal.com/news/brief-news/sf6-switchgear-for-china-s-sgcc/) - May 7 – Hitachi Energy will deliver the world's first sulfur hexafluoride (SF6)-free 550 kV gas-insulated switchgear to the Central China Branch of the State Grid Corporation of China (SGCC). The move towards clean switchgear helps decarbonize the Chines power grid and contributes towards the country’s target of reaching carbon neutrality by 2060. - [Vietnam: PM wants first LNG power plant operational by June](https://gastopowerjournal.com/news/projectsandfinance/vietnam-pm-wants-first-lng-power-plant-operational-by-june/) - The Vietnamese Prime Minister Phạm Minh Chính has urged for an accelerated start-up of the country’s first LNG-fuelled power project. Out of 14 gas power projects in planning, only the Nhon Trach 3&4 plants are on track to be commissioned in the second and third quarter of this year. Nhon Trach 3&4, developed by the - [British gov’ gauges costs of refurbishing CCGT power plants](https://gastopowerjournal.com/news/projectsandfinance/british-gov-gauges-costs-of-refurbishing-ccgt-power-plants/) - The British government has contracted Cambridge Economic Policy Associates (CEPA) to conduct research into the costs of refurbishing the country’s ageing combined-cycle gas turbine power plants. Modelling software determines the archetypes of CCGTs and works needed ranging from simple maintenance, 5-year lifetime extensions and full repowering. For typical through life maintenance of major CCGT equipment - [Enefit launches procurement for 100 MW power plant in Estonia](https://gastopowerjournal.com/news/projectsandfinance/enefit-launches-procurement-for-100-mw-power-plant-in-estonia/) - Enefit Industry has launched the procurement process a new 100 MW gas-fired power plant Narva, the third largest town in Estonia. Bidding is open to international contractors, with final proposals due by the end of July 2025. Construction works are scheduled to begin in early 2026, and the plant will be built under a turnkey - [H2-ready plant to power Bridge’s data center in Singapore](https://gastopowerjournal.com/news/projectsandfinance/h2-ready-plant-to-power-bridge-s-data-center-in-singapore/) - Bridge Data, part of Wintrix formerly known as Chinadata Group, has partnered with Meralco affiliate PacificLight Power (PLP) with the aim of developing a hydrogen-ready gas power plant on Jurong Island. Developed at a cost of US$1 billion, the plant will supply stable electricity to Bridge’s growing portfolio of data centers. As one of Singapore’s - [Siemens Energy contracted to build 14 GW new capacity in Iraq](https://gastopowerjournal.com/news/projectsandfinance/siemens-energy-contracted-to-build-14-gw-new-capacity-in-iraq/) - Iraq’s Prime Minister Mohammed Shia’ Al-Sudani has overseen the signing of an agreement with Siemens Energy, aimed at adding 14,000 MW power gen capacity to enhance the grid and improve response times. Contracts were sealed by energy minister Ziad Ali Fadhil and Siemens Energy CEO Christian Bruch. During the ceremony, PM Al-Sudani sressed that the - [Revcoo launches new CO2 capture tech](https://gastopowerjournal.com/news/brief-news/revcoo-launches-new-co2-capture-tech/) - May 5 – French cleantech firm Revcoo, a French cleantech start-up, has developed a new technology to capture CO2 directly from factory chimneys. The company will launch Series A round to roll out its solution on a large scale, aiming for a turnover of €200 million by 2030. - [Ansaldo, Calik to build 1 GW H2-ready power plant in Hungary](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-calik-to-build-1-gw-h2-ready-power-plant-in-hungary/) - Ansaldo Energia, in consortium with the Turkish conglomerate Calik Holdings, has signed a contract for the turnkey development of a 1,000 MW combined-cycle power plant in in Hungary. The hydrogen-ready plant will be built at MVM Tisza Erőmű’s site at Tiszaújváros, an industrial town in northern Hungary. Csaba Lantos, the Hungarian energy minister, called said - [2025 May 2](https://gastopowerjournal.com/weekly-news/2025-may-2/) - {pub} {loadposition magazinelogin} {/pub} {reg} Download Gas To Power Journal - 2025 May 2 edition - [Egypt-Greece interconnector to get EBRD financing](https://gastopowerjournal.com/news/projectsandfinance/egypt-greece-interconnector-to-get-ebrd-and-eu-financing/) - The European Bank for Reconstruction and Development (EBRD) and the European Union support the GREGY project, an electric interconnector between Egypt and Greece. A Grant Agreement was signed with ELICA Interconnectors, the developer of the power link, designated to transport renewable energy from the North African coast via Greece. Egypt, as well as neighbouring countries, - [GE supplies transformers for renewables corridor in India](https://gastopowerjournal.com/news/projectsandfinance/ge-supplies-transformers-for-renewables-corridor-in-india/) - GE Vernova has been contracted by POWERGRID of India to supply over 70 high-voltage transformers and shunt reactors for a renewable energy corridor across India. The 765 kV class units will be manufactured at GE’s Vadodara site, with deliveries starting in 2026. POWERGRID, India’s largest electricity transmission utility, has placed the order under a bulk - [BKV and Comstock to accelerate CCUS projects at Haynesville](https://gastopowerjournal.com/news/market/bkv-and-comstock-to-accelerate-ccus-projects-at-haynesville/) - BKV, one of the top 20 US gas producers, has teamed up with Comstock Resources to develop carbon capture, utilization and sequestration (CCUS) projects. The aim is to permanently sequester and store CO2 waste produced at Comstock’s Bethel and Marquez gas processing facilities in Texas. BKV Corp is the largest natural gas producer by gross - [Avangrid helps FirstEnergy to restore power in Penn State](https://gastopowerjournal.com/news/market/avangrid-helps-firstenergy-to-restore-power-in-penn-state/) - Iberdrola affiliate Avangrid is helping to restore power for more than 400,000 customers in western Pennsylvania following destructive thunderstorms and wind gusts of over 80 mph. Crews are helping to eliminate hundreds of thousands of outages together with the regional utility West Penn Power. Avangrid is sending crews from its Connecticut subsidiary, United Illuminating (UI) - [Blackouts across Iberia show vulnerability of ‘island grids’](https://gastopowerjournal.com/news/technologyinnovation/blackouts-across-iberia-show-vulnerability-of-island-grids/) - A countrywide blackout on the Iberian Peninsula and parts of southern France on Monday has shown that so-called ‘island grids’ are more vulnerable. The outage was caused by anomalous oscillations in high-voltage power lines, triggered by extreme temperature variations in Spain. A rare atmospheric phenomenon has been blamed for the power outage that disrupted industry - [Thai Parliament gets Himoinsa gensets for emergency power](https://gastopowerjournal.com/news/projectsandfinance/thai-parliament-gets-himoinsa-gensets-for-emergency-power/) - Four Himoinsa gensets have been supplied and installed at Thailand’s new parliament building at Bangkok Dusit district. With 5.5 MW capacity combined, the gensets provide emergency power and heating for the largest parliament building in the world. The new Parliament serves as the meeting place for the Thai National Assembly. It is located in the - [Taurus Energy to implement first AGP XPAND upgrade in Iraq](https://gastopowerjournal.com/news/projectsandfinance/taurus-energy-to-implement-first-agp-xpand-upgrade-in-iraq/) - Taurus Energy, part of privately-held Onex Group, will become the launch customer to implement the world’s first AGP XPAND upgrade at the Bazyan power plant in Iraq. The upgrade will increase output and efficiency at the 1,250 MW combined-cycle plant. Once retrofitted to all existing 9E.03 gas turbines, the technology could lead to a cumulative - [JERA’s FY2024 revenue falls amid lower electricity prices](https://gastopowerjournal.com/news/market/jera-s-fy2024-revenue-falls-amid-lower-electricity-prices/) - Japan’s largest LNG importer and power producer JERA has seen revenue fall by 354.8 billion yen from the last year to 3,355.9 billion yen due to a lower income unit price in electricity sales. Profits fell by 215.7 billion yen amid a time lag in the company’s fuel price adjustments as well as lower earnings - [Saipem wins €520m contract on Eni’s Liverpool Bay CCS project](https://gastopowerjournal.com/news/projectsandfinance/saipem-wins-520m-contract-on-eni-s-liverpool-bay-ccs-project/) - Saipem, a global EPC company, Saipem has been awarded a contract by Eni for the Liverpool Bay CCS project. The contract is valued about € 520 million over the three years to complete the project, designated to serve the HyNet industrial cluster. HyNet is situated in one of the UK’s most energy-intensive industrial districts in - [CCS sector in Britain could turn into a ‘viable business’](https://gastopowerjournal.com/news/technologyinnovation/ccs-sector-in-britain-could-turn-into-a-viable-business/) - Carbon Capture and Storage (CCS) in the UK could evolve into a viable international business if the merchant model was applied to developing Track-1 projects, notably the East Coast Cluster. Researchers at Arup urge Whitehall to fully commit to two further CCS clusters: Acorn in northern Scotland and Viking on Humberside, both due onsteam by - [Henry Hub prices at 5-month low despite robust production](https://gastopowerjournal.com/news/market/henry-hub-prices-at-5-month-low-despite-robust-production/) - Bearish shoulder-season fundamentals have made prompt gas prices at Henry Hub fall to a five-month low at just above $3/MMBtu. Appalachia production stayed robust, despite seasonal maintenance, while Haynesville basin output is set to rise by 1 bcf/d yoy, weighing on prompt prices. Fundamentals are largely influencing price discovery at Henry Hub, the most liquid - [Ansaldo and Dufero partner for Hydrogen Valley in Sicily](https://gastopowerjournal.com/news/technologyinnovation/ansaldo-and-dufero-partner-for-hydrogen-valley-in-sicily/) - Ansaldo Green Tech and Duferco Energy have sealed a strategic agreement to supply and commission a 1 MW electrolyser as part of the Hydrogen Valley project in Giammoro, in the Sicilian province of Messina. The electrolyser will be capable of producing over 500 kg of green H2 per day, with a purity level of 99.9%. - [Wärtsilä helps decarbonise Curaçao](https://gastopowerjournal.com/news/brief-news/waertsilae-helps-decarbonise-curacao/) - May 1 – The Finish technology group has signed a services agreement with Aqualectra, the leading power generation on the Caribbean island of Curaçao. The 5-year accord will see Wärtsilä optimise energy generation on the island as Curaçao targets to move from its current 30% renewable capacity to 50% in 2025 and 70% by at - [Exxon to store 2 mtpa of CO2 from Calpine’s gas power plant](https://gastopowerjournal.com/news/technologyinnovation/exxon-to-store-2-mtpa-of-co2-from-calpine-s-gas-power-plant/) - US oil major ExxonMobil has agreed to offtake, transport and store up to 2 million metric tons per annum of CO2 from Calpine’s Baytown Energy Center, a 500 MW cogeneration plant near Houston. The cooperation is part of Calpine’s CCS project, designated to supply low-carbon electricity to Texan households and steam to nearby industries. The - [ENGIE, Iberdrola step up exposure to regulated energy networks](https://gastopowerjournal.com/news/market/engie-iberdrola-step-up-exposure-to-regulated-energy-networks/) - French and Spanish utilities ENGIE and Iberdrola have either increased or stated their intention to rise their exposure to regulated electricity networks. Moody’s reckons they aim to improve their risk profile by benefitting from “growth in higher quality earnings” as these networks carry out investment programs. Other, notably SSE of Scotland and the German regional - [Energiequelle plans green H2 plant in Oulu](https://gastopowerjournal.com/news/brief-news/energiequelle-plans-green-h2-plant-in-oulu/) - April 11 – Energiequelle, a Berlin-based green energy company, has reserved a site for a new hydrogen plant Oulu, northern Finland. Once completed, the electrolysis plant could reach a capacity of over 500 MW, with the plant meant to be commissioned in three phases between 2028 and 2033. - [Moody’s lowers outlook for regulated energy networks in the EU](https://gastopowerjournal.com/news/market/moody-s-lowers-outlook-for-regulated-energy-networks-in-the-eu/) - Costly investment programmes to facilitate Europe’s green energy transition are weakening the credit metrics of regulated gas and electricity networks. Moody’s Ratings hence changed the outlook of European TSOs to ‘negative’ from ‘stable’. Transparent and established regulation still supports credit quality, but regulators struggle to facilitate infrastructure investment at an affordable cost. “If shareholders consider ## Pages - [Home](https://gastopowerjournal.com/) - Natural Gas Power Generation, Combined Cycle Gas Turbine Generation - [Subscriptions](https://gastopowerjournal.com/subscriptions/) - Subscriptions Gas-to-Power Journal is a B2B publication covering the role of gas in the energy mix, new power plant projects and turbine technology. Subscribers to Gas-to-Power Journal receive daily updates, full access to all articles on our website as well as the weekly Gas-to-Power Journal in e-reader and PDF format. 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[AP TRANSCO](https://gastopowerjournal.com/tag/ap-transco/) - [Andra Pradesh](https://gastopowerjournal.com/tag/andra-pradesh/) - [dry gas](https://gastopowerjournal.com/tag/dry-gas/) - [shale gas](https://gastopowerjournal.com/tag/shale-gas/) - [Progress Energy](https://gastopowerjournal.com/tag/progress-energy/) - [7FA](https://gastopowerjournal.com/tag/7fa/) - [Marubeni](https://gastopowerjournal.com/tag/marubeni/) - [Abu Dhabi](https://gastopowerjournal.com/tag/abu-dhabi/) - [Shuweihat S2 IWPP](https://gastopowerjournal.com/tag/shuweihat-s2-iwpp/) - [Rosatom](https://gastopowerjournal.com/tag/rosatom/) - [EU](https://gastopowerjournal.com/tag/eu/) - [utilities](https://gastopowerjournal.com/tag/utilities/) - [BNP Paribas](https://gastopowerjournal.com/tag/bnp-paribas/) - [capacity](https://gastopowerjournal.com/tag/capacity/) - [energy storage](https://gastopowerjournal.com/tag/energy-storage/) - [gas supply](https://gastopowerjournal.com/tag/gas-supply/) - [Bin Qasim Power Plant](https://gastopowerjournal.com/tag/bin-qasim-power-plant/) - [Pakistan](https://gastopowerjournal.com/tag/pakistan/) - [Energy and Climate Secretary](https://gastopowerjournal.com/tag/energy-and-climate-secretary/) - [EUA](https://gastopowerjournal.com/tag/eua/) - [CER](https://gastopowerjournal.com/tag/cer/) - [Mitsubishi Heavy Industries](https://gastopowerjournal.com/tag/mitsubishi-heavy-industries/) - [MHI](https://gastopowerjournal.com/tag/mhi/) - [M501GAC](https://gastopowerjournal.com/tag/m501gac/) - [VEPCO](https://gastopowerjournal.com/tag/vepco/) - [Brunswick County Power Station](https://gastopowerjournal.com/tag/brunswick-county-power-station/) - [PontsurSambre](https://gastopowerjournal.com/tag/pontsursambre/) - [Toul](https://gastopowerjournal.com/tag/toul/) - [Eni](https://gastopowerjournal.com/tag/eni/) - [safeguard proceedure](https://gastopowerjournal.com/tag/safeguard-proceedure/) - [Shotton CHP](https://gastopowerjournal.com/tag/shotton-chp/) - [Combined Heat & Power](https://gastopowerjournal.com/tag/combined-heat-power/) - [UK wholesale electricity market](https://gastopowerjournal.com/tag/uk-wholesale-electricity-market/) - [economics](https://gastopowerjournal.com/tag/economics/) - [Tata Power](https://gastopowerjournal.com/tag/tata-power/) - [Maithon Mega Power Project](https://gastopowerjournal.com/tag/maithon-mega-power-project/) - [Jharkand](https://gastopowerjournal.com/tag/jharkand/) - [trader](https://gastopowerjournal.com/tag/trader/) - [Botas](https://gastopowerjournal.com/tag/botas/) - [supply shortage](https://gastopowerjournal.com/tag/supply-shortage/) - [Cycofos](https://gastopowerjournal.com/tag/cycofos/) - [M501J](https://gastopowerjournal.com/tag/m501j/) - [gas turbines](https://gastopowerjournal.com/tag/gas-turbines/) - [Poweo](https://gastopowerjournal.com/tag/poweo/) - [operators](https://gastopowerjournal.com/tag/operators/) - [resell](https://gastopowerjournal.com/tag/resell/) - [hub](https://gastopowerjournal.com/tag/hub/) - [trading](https://gastopowerjournal.com/tag/trading/) - [gasfired plants](https://gastopowerjournal.com/tag/gasfired-plants/) - [Asia Gas Partnership Summit](https://gastopowerjournal.com/tag/asia-gas-partnership-summit/) - [Singh](https://gastopowerjournal.com/tag/singh/) - [Shoreham](https://gastopowerjournal.com/tag/shoreham/) - [Scottish Power](https://gastopowerjournal.com/tag/scottish-power/) - [Petersburg](https://gastopowerjournal.com/tag/petersburg/) - [Kirishskaya](https://gastopowerjournal.com/tag/kirishskaya/) - [OGK2](https://gastopowerjournal.com/tag/ogk2/) - [CCGTs](https://gastopowerjournal.com/tag/ccgts/) - [JSC](https://gastopowerjournal.com/tag/jsc/) - [Gapzrom](https://gastopowerjournal.com/tag/gapzrom/) - [Central Electricity Agency](https://gastopowerjournal.com/tag/central-electricity-agency/) - [CEA](htt