Page 11 - AsiaElec Week 23

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corporate energy adviser, forecasts that wind,
solar and hydro power’s share of the main
grid will surge as much as 6 percentage points
this year – from 21 to 27 per cent – and could
exceed 30 per cent by the end of 2021.
Schneider’s advice – provided to some of
the country’s top miners, manufacturers and
retailers – foreshadows a “massive amount of
growth based on current pipelines”. The faster
projected growth in renewable output, which
has rarely exceeded 3 per cent a year, comes as
up to 3.5 gigawatts of new renewable capacity
prepares to enter the grid.
Experts and analysts say the surge in
renewable energy will drive down daytime
“The two LNG cargoes that were successfully with JFE to provide the most advanced spot prices and pile greater-than-expected
delivered to CNTIC VPower marks a new era technologies to power communities in Japan,” pressure on ageing coal-fired power plants,
in the growth of LNG demand in the South said Ramesh Singaram, President and CEO which are far more expensive to run.
East Asian region. With Myanmar as the latest of GE Gas Power in Asia. “We look forward UBS utilities analyst Tom Allen said the
nation to adopt LNG as a form of cleaner to continuing our successful single-service coronavirus crisis was exacerbating the
energy, Petronas looks forward to being a provider support of JFE in meeting their gas impact of rising renewables on coal power
long-term partner and supplier, leveraging on plant as-a-system needs.” plants as low demand and low power prices
our world-class reliability, as well as innovative The two companies have been working forced them to scale back their output where
and customer-centric solutions.” Through together for 15 years. JFE is focusing on possible.
Petronas’ integrated value chain solutions, modernising its aging infrastructure via “COVID-19 is accelerating and
Petronas facilitated the delivery of the cargoes improvements to power output and efficiency, exacerbating the impact of lower demand on
by granting conditional acceptance to CNTIC while Japan’s electricity sector is experiencing wholesale electricity prices,” Allen said. “If
VPower Global vessel in allowing for the a decline in demand. you look through that, it supports the case for
very first multilobe tank comprising two Two years ago, GE upgraded JFE’s GT26 early closure of coal-fired power plants.”
cylindrical tank sections, or better known as gas turbine in Chiba with the MXL2 package,
Bilobe type LNG vessel, to dock at the Bintulu adding up to 60MW of potential capacity. This
terminal where coolingdown services were year, JFE decided to implement GE’s latest
also provided. This was achieved by Petronas’ GT26 HE technology to continue to improve RENEWABLES
focus on customercentricity, which enables Chiba power plant’s performance, profitability
the Company to adapt to unique requirements and output at varying levels of load. Volvo powers factory in
and fulfil customers’ cleaner energy demands. “Our GT26 HE solution represents an
In addition to the first two LNG cargoes, innovative milestone in the evolution of Chengdu with 100% green
Petronas is also working with CNTIC VPower GE’s gas power technology. By combining
for further deliveries that will strengthen the technologies from both F- and H-Class fleets, energy
relationship between both companies, which we are helping to improve JFE’s competitive
will facilitate the growth of their foothold in position in the Japanese energy marketplace,” The Volvo Cars manufacturing plant in
Myanmar’s fast-growing gas industry. said Amit Kulkarni, Head of Large Block Chengdu, China is now powered by 100%
PETRONAS Utility (F/H) Product Segment in GE Gas renewable electricity, taking the company’s
Power. global renewable electricity mix in its
manufacturing network to 80%.
GAS-FIRED GENERATION This change is estimated to reduce the
plant’s carbon dioxide emissions by more than
JFE Steel selects GE for COAL 11,000 tonnes per year.
The company’s largest plant in China will
GT26 CCGT upgrade project Surging renewables, be powered with 65% hydropower, while the
remainder will come from solar, wind and
at industrial power plant COVID-19 pile more pressure other renewable sources.
Javier Varela, Head of Industrial
JFE Steel Corp. has awarded GE with a on coal in Australia Operations and Quality, said: “Securing a fully
contract to upgrade the existing GT26 renewable electricity supply for our largest
MXL2 unit at Chiba. GE will install the HE Australia’s renewable energy output is on track plant in China is a significant milestone
(High Efficiency) upgrade for the GT26, to post its sharpest rise on record in the next and underlines our commitment to taking
which the company calls the most advanced two years, driving down power prices and concrete, meaningful action.”
performance improvements for an F-class intensifying the prospect of early closures of Volvo Cars has an ambition to reach
combined cycle gas turbine (CCGT). coal-fired power plants across the country. climate-neutral manufacturing by 2025.
“We are proud to be building on the Independent modelling from global energy
strength of our long-standing relationship giant Schneider Electric, the nation’s largest

Week 23 10•June•2020 www. NEWSBASE .com P11