Category: News & Announcement

General Electric (GE) has for the first time achieved blackstart of a GE heavy-duty gas turbine using battery energy storage. The company announced on Feb. 26 it completed black start of a GE 7F.03 gas turbine at a 150-MW simple-cycle unit at Entergy Louisiana’s Perryville Power Station using a 7.4-MW battery-based energy storage system. The unit in Ouachita, Louisiana, began operation in 2001. GE told POWER on March 5 that the project uses  lithium-manganese-cobalt-oxide (or NMC) batteries, and it produces 7.4 MWh (DC) as embedded energy and 6.6 MWh (AC) as usable energy at the point…

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Regulatory bodies are formed to determine rules and regulations in the context of authority bestowed by legislation either by an elected parliament or an equivalent source of power. Regulatory bodies implement laws made by legislative institutions by making and enforcing regulations. They have quasi-legislative, executive and judicial functions. Economic regulatory bodies such as Ogra and Nepra have to establish rules of the business between a variety of stakeholders – energy producers/generators, transmission/pipeline companies and distribution companies, the government and its agencies and consumers of various categories and sectors. The most…

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LAHORE: Reduced off-take of regasified liquefied natural gas (RLNG) by the power sector has put Pakistan State Oil (PSO) and two public sector gas utilities – Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Ltd (SNGPL) — in trouble as the situation could lead to a penalty of $25 million on per LNG cargo basis. On the other hand, PSO and SSGC continue to push SNGPL to ensure off-take as per the given demand or be ready to face the adverse consequences (financial loss). Meanwhile the SNGPL has…

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Dublin, March 06, 2020 (GLOBE NEWSWIRE) — The “Onshore Oil & Gas Pipeline Market – Growth, Trends, and Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering. The global onshore oil and gas pipeline market is expected to register a CAGR of more than 5.7% during the forecast period of 2020-2025. According to International Energy Agency (IEA), demand for oil is expected to rise by around 1 million barrels per day (bpd) on average every year till 2025, from 97 million bpd in 2018. In a bid to meet the rising consumption…

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Energy shares on Friday weighed heavy on the capital market as it tumbled tracking international stocks and oil rout after a recent spike in global coronavirus cases reignited scares the world economy was likely at the risk of a depression, dealers said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index lost 2.95 percent or 1162.44 points to close at 38,219.67 points, while KSE-30 followed sank 3.85 percent or 696.71 points to end at 17,385.40 points. Brokerage Topline Securities in a note said, “Reemergence of coronavirus fears triggered yet another global…

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