Weekly HEG Global Energy Digest

Coal:

UK’s coal production declined to unprecedented lows in 2017

The overall British coal production fell to a record minimum of 6.7% of the generation mix in 2017, as indicated by new data from the Department for Business, Energy and Industrial Strategy (BEIS), which also reveals that output from oil and nuclear dropped, but insignificantly.

Total energy generation over the year posted a 0.4% increase compared to 2016, primarily because of hikes in bioenergy and wind, solar and hydro – these renewable fuels now produce approximately 10 times as much electricity than coal.

 

Gas output surged by 0.3% and alongside with oil is still responsible for over 70% of UK production.

 

It accounted for 39.7% of the country’s energy output whilst clean power generation reached a record peak of 98.9TWh in 2017, up around a fifth, due to increased capacity and higher wind speeds.

 

The renewables share of power generation is 29.4%, second only to gas, with nuclear staying almost constant at 20.9%.

 

Article Source: http://www.energymarketprice.com/energy-news/global-carbon-emissions-reached-a-record-level-in-2017

LNG:

Everett LNG import terminal will be sold by Engie

A division of US-based energy firm Exelon has come to an agreement with France’s Engie on purchasing the Everett LNG import terminal in Everett, Massachusetts, on the US’ east coast.

The acquisition will permit Exelon Generation to provide some of the generators at its Mystic power station with fuel ahead of a scheduled closure in 2022.

The Mystic Generating Station’s 7, 8 and 9 units, located as well in Everett, Massachusetts, are now functional, being all capable to burn natural gas, though the company declared it will only feed gas to units 8 and 9.

Exelon announced that the company will phase out units 7, 8 and 9 along with the Jet unit at Mystic Generating Station on 1 June 2022, unless regulatory reforms to adequately value reliability and regional fuel security are enforced.

The terminal was constructed in 1971 and represents the longest-operating LNG import facility of its kind in the United States. The facility has links with two interstate pipeline systems, as well as a local gas utility’s distribution system.

Article Source: http://www.energymarketprice.com/energy-news/qatar-is-ready-to-provide-lng-to-ukraine

Renewable:

Google acquires more green energy than it uses

Google purchased more power from solar and wind farms than consumed by its operations in 2017.

The company announced it correlated its power use with renewables acquired worldwide.

 

Urs Hölzle, Senior Vice President, Technical Infrastructure declared: “For every kilowatt-hour of energy we consume, we add a matching kilowatt-hour of renewable energy to a power grid somewhere. But that renewable energy may be produced in a different place or at a different time, from where we’re running our data centres and offices. What’s important to use is that we are adding new clean energy sources to the electrical system and that we’re buying that renewable energy in the same amount as what we’re consuming, globally and on an annual basis.”

 

Google has previously signed contracts to purchase 3GW of electricity generated from renewable projects and till now, its renewable contracts have led to new capital investment estimated at more than $3 billion (£2 billion).

Article Source: http://www.energymarketprice.com/energy-news/netherlands-will-construct-wind-park-without-state-aid

Natural Gas:

Gazprom will finalize first segment of Turkish Stream pipeline in May

Russian gas giant Gazprom will finish the first segment of Turkish Stream pipeline in May.

The pipeline should provide gas to western Turkey, avoiding the Ukrainian gas transit system.

Aleksei Miller, the Chairman of the Management Board of the Russian enterprise declared: “Everything goes according to plan. As of today, 1,047 kilometers of the two strings are ready; that’s 55 percent from the overall length of the maritime section of the pipeline. 827 kilometers of the first section are ready, and we’ll be ready to complete the first string in the first decade of May. The entry terminal and the second string are what remains to be built.”Gazprom commenced to build the sea section of the Turkish Stream in May 2017. The project envisages construction of two strings, with capacity estimated at 15.75 billion cubic meters each. The first segment is planned to supply the blue fuel to Turkey, while the second one will be used for supplies to southern and southeastern Europe. The first gas supplies through the Turkish Stream are likely to start late 2019.

 

Article Source: http://www.energymarketprice.com/energy-news/origen-power-received-a-?1-million-grant-to-eliminate-carbon-dioxide-from-the-air

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