Monday, May 20, 2019

Annual Electricity Consumption News

Siemens Gamesa Launches First 10MW Offshore Turbine

Image: Siemens Gamesa

Spanish offshore industry player Siemens Gamesa Renewable Energy (SGRE) has unveiled a giant new 10+ MW wind turbine it claims will boost yields by 30 per cent, paving the way for a new generation of super-charged offshore wind farms.The turbine maker said in a press release that the new SG 10.0-193 DD is set to hit the market in 2022.Based on the experience of its previous generations…

Vattenfall Okays 605MW Kriegers Flak offshore Wind Farm

Image: Vattenfall

Swedish state-owned power company Vattenfall has reached a final investment decision for the 605MW Kriegers Flak offshore wind farm in the Danish waters of the Baltic Sea.Vattenfall has made the final investment decisions for the offshore wind farm Kriegers Flak in Denmark. Further action for Vesterhav Syd & Nord is awaiting the result of the appeal process. The…

Equinor Acquires Energy Trader Danske Commodities

CEO Henrik Lind (left), Danske Commodities, and Tor Martin Anfinnsen, senior vice president, Marketing & Supply in Equinor. (Photo: Thomas Priskorn / PRISKORN)

Norwegian oil and gas major Equinor, formerly Statoil, is acquiring the Danish energy trading company, Danske Commodities for EUR 400 million (USD 470 mln). "Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller contingent payments depending on DC’s performance over the next couple of years," said a press release from the company.

Equinor Acquires Danske Commodities

CEO Henrik Lind (left), Danske Commodities, and Tor Martin Anfinnsen, senior vice president, Marketing & Supply in Equinor. (Photo: Thomas Priskorn / PRISKORN)

Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller contingent payments depending on DC’s performance over the next couple of years. This acquisition – of one of Europe’s largest short-term electricity traders – supports Equinor’s development towards becoming a broad energy company.

Trelleborg Wins Floatover Installation Contract for BorWin3

Photo courtesy of Trelleborg

Trelleborg’s engineered products operation announces it has been awarded a contract by Petrofac for its first floatover installation of an offshore converter platform - BorWin3 wind farm project. The high voltage direct current (HVDC) converter station will sit nearly 130 kilometers off the German coast in the North Sea. Siemens will supply the HVDC transmission technology…

DNV GL bags COSCO's HVDC Converter Platform Deal

DNV GL - Korea - Stoddart, Arthur William  Courtesy DNV GK

DNV GL has been awarded a contract by COSCO Shipping Company Limited (COSCO SHIPPING) of China for the installation engineering services for the BorWin gamma high voltage direct current (HVDC) converter platform. The Dutch-German transmission system operator TenneT is developing the offshore AC/DC converter platform BorWin gamma as part of the grid connection project BorWin3.

Drydocks World's to build BorWin3

Drydocks World's Signing Ceremony

Drydocks World signed an agreement today with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform in the North Sea, named BorWin gamma. When completed, this will provide an essential renewable offshore resource to meet increasing energy demands. Drydocks World has successfully secured the contract for the fabrication, commissioning and load out of the BorWin3 platform…

Vacon AC Drives Continue Energy Efficiency Role

Rod Washington, Sr. Development Engineer, Vacon Inc. demonstrates AC drive energy efficiency principles to President Obama. Behind (left), Dan Isaksson, Vice President, Medium Voltage Drives, Vacon, and Dr. Ernest Moniz, United States Secretary of Energy.

Global AC drives manufacturer, Vacon, has estimated that its AC drive products helped save approximately 55 TWh of electrical energy for the year 2013, a 10% increase over the previous year (in 2012, Vacon reported savings of 50 TWh of electricity with the help of their AC drives). Putting this in perspective: 55 TWh corresponds to the annual energy produced by approximately 10 700 MW nuclear power reactors…

Croatia Aims for Power Plant Deal by Year End

Croatia's state power board Hrvatska Elektroprivreda (HEP) said on Wednesday it had received qualified bids for the construction of a 500-megawatt thermal power plant on the northern Adriatic, but declined to offer details until the bids were assessed. "We are satisfied with this second round of a tender which showed there was confidence among investors into the future of this project...