Monday, October 14, 2019

Germany News

UK to Account for 35% Offshore Wind in Europe

Image: WindEurope

The UK will account for 35% of the growth in offshore wind over the next five years, followed by the Netherlands and Germany, said , according to WindEurope’s new ‘Wind Energy Outlook to 2023’.In the next five years 22 GW of wind energy capacity will reach the end of its normal operational life (20 years). Most of this will get a lifetime extension. Around 2 GW will be repowered.And another 2 GW will be fully decommissioned.

Senvion to Sell Assets to Siemens Gamesa

Image: Senvion

Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business.The Germany firm said that it has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected Services and Onshore assets in Europe. The agreement was approved unanimously by Senvion's creditors' committee.

Oil Soars 10%

© viking75 / Adobe Stock

Oil futures jumped 10% on Monday after an attack on Saudi Arabian crude oil processing facilities over the weekend sliced the kingdom's production in half and threatened to hamper shipments from the world's largest crude exporter.Prices initially surged more than 20% after the open on Sunday evening, with Brent crude posting its biggest intraday gain since the 1990-1991 Gulf crisis, before pulling…

German Trains to Run on Offshore Wind

Image: Deutsche Bahn

German Rail (Deutsche Bahn – DB) has closed Germany’s first power purchase agreement (PPA) to buy electricity from an offshore wind farm.German Rail has signed a five-year deal starting in 2024 to buy the output of 25MW, or 8%, of the 295MW Nordsee Ost wind farm in the North Sea from utility Innogy and RWE Supply & Trading.The contract will run for five years, beginning in 2024. The supplied volume comprises 25 megawatts, which is the equivalent of four wind turbines.

Shore Power Market to Reach $2.7Bln by 2024

Pic: Siemens

The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry, and installation of retrofit shore power systems have increased the demand for a shore power system…

AIDAperla Receives Corvus Battery System

Photo: Corvus Energy

Carnival Corporation's Germany brand AIDA Cruises and Corvus Energy have signed a deal to retrofit the AIDAperla with a 10MW battery pack, the largest to date set to be featured on a cruise vessel."The order is for a 10MWh Energy Storage System (ESS) to be installed on board AIDAperla in 2020. AIDAperla, built in 2017, has the capacity of 3300 passengers and a crew of 900," said the British Columbia-based developer of maritime energy storage solutions.When installed on AIDAperla…

Deutsche Bahn Signs Offshore Wind PPA in Germany

Image: Deutsche Bahn

German railway company Deutsche Bahn AG (DB) will be purchasing about 8% of the total production of the 295-MW Nordsee Ost offshore wind farm  from 2024.Deutsche Bahn will continue to steadily increase its purchase of electricity from renewable energy sources in the coming years. The relevant agreements for the supply of green power from the offshore wind farm Nordsee Ost between DB Energie GmbH…

Increased Confidence in CO2 Storage

The bespoke drill rig being lowered over the side of the RRS James Cook. The rig is designed to push the curved steel pipe into the seabed sediment. Image: Copyright STEMM-CCS Project

If we are going to store large volumes of carbon dioxide (CO2) in depleted oil and gas reservoirs beneath the seabed we need to be sure that, in the unlikely event of a leak, we can detect it. A research expedition, carrying a world-first experiment designed to develop methods for the detection and monitoring of leaks, has just returned from the North Sea; it has been declared a great success.Climate change…

TenneT, EnBW, Ørsted Pact on Transmission Concept

Image: Ørsted

The European transmission system operator TenneT, German utilities company EnBW and offshore wind specialist Ørsted have formed an alliance with the aim of implementing new connection concept for offshore wind farms and converter platforms in the German North Sea.The connection concept already planned by TenneT in the Netherlands will also be used in the future as part of selected offshore DC projects in the German North Sea.

DNV GL to Certify TenneT Platform in German Sea

Pic: DNV GL

DNV GL has signed a four-year framework agreement with TenneT to provide project certification for new High Voltage Direct Current (HVDC)  substations linked to offshore wind farms in the German North Sea.Agreement includes certification of TenneT’s DolWin5 converter platform with cost-saving offshore grid connection concept. TenneT awarded DNV GL the contract following an independent EU tendering process.Under this framework agreement…

COBRA Cable Readies for Action

IGBT converter tower  inside the COBRAcable converter station in Eemshaven (photo: Siemens)

The 700MW COBRAcable interconnector linking the Dutch and the Danish grid will be available for the electricity market as of delivery day, 7 September, Dutch high-voltage grid operator TenneT said."After three years of construction, including the laying of the submarine cables as well as the construction of two onshore converter stations, and a successful test phase earlier this year, COBRAcable will be available for the electricity market as of the delivery day of 7 September…

Siemens Wins Viking Link Gig

Map: Siemens Gas and Power (GP)

Germany's Siemens AG said  that it has won a deal to supply two converter stations for the first high-voltage direct current (HVDC) link between the UK and Denmark.Viking Link will enable the exchange of up to 1400MW of electricity to provide increased power-supply reliability and security to consumers in both countries, and will support the integration of renewable energy.The interconnector is…

Nord Stream 2 is 75% Complete

Image: Nord Stream 2

The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia, Finland, Sweden and Germany. That's about 75 percent of the total length of the pipeline, the release…

Nord Stream's Last Pipe Leaves Sweden Port

Image: Nord Stream 2

The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area. Russia’s  Nord Stream 2 AG is the operator of the Nord Stream 2 gas pipeline project.Nearly 39,000 pipes have transited through the port since October 7, 2017. Out of these, almost 37,000 pipes have been shipped to the pipelay vessels working on the Swedish section of the Nord Stream 2 Pipeline.

Global LNG Demand 16% Up in Q2

Pic: GasLog

Global liquefied natural gas (LNG) demand was 86 million tonnes (mt) in the second quarter, compared with 74 mt in the second quarter of 2018, an increase of 16%, said GasLog Ltd.The Monaco-headquartered international owner, operator and manager of liquefied LNG carriers said that higher European imports (up 110% year-on-year) accounted for most of the growth, while demand from Northeast Asia (Japan…

U.S. Senate Panel Backs Nord Stream 2 Pipeline Sanctions Bill

Photo: Nord Stream

A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 pipeline from Russia to Germany that the Trump administration says would strengthen Moscow's economic grip on Europe.The Senate Foreign Relations Committee passed the Protecting Europe's Energy Security Act by 20 to 2. The bill reflects some lawmakers' concerns over Russian influence in Europe…

US LNG Exports to Europe Grow

Graph: U.S. Energy Information Administration

U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy.This year, the United States became the world’s third-largest LNG exporter, averaging 4.2 Bcf/d in the first five months of the year, exceeding Malaysia’s…

Neptune Acquires German Oil & Gas Fields

Image: Neptune Energy

UK-based Neptune Energy has agreed to acquire interests from Wintershall Dea in certain oil and gas fields in the Emsland and Grafschaft Bentheim regions in Germany.With this agreement, Neptune will increase its existing interest in the Bramberge, Meppen and Annaveen oil fields of the Emsland region, as well as various gas fields in the Grafschaft Bentheim region.Approximately 600 barrels of oil…

Europe Installs 1.9 GW Offshore Wind Capacity in H1

Image:  WindEurope

Europe added 1.9 GW of new offshore wind was installed in the first half of 2019, up from the 1.1 GW added in the same period in 2018, according to figures released by WindEurope.The UK (931 MW), Denmark (374 MW), Belgium (370 MW) and Germany (252 MW) accounted for these installations. This includes Hornsea 1 in the UK which, when completed, will be the world’s largest wind farm with 1.2 GW.In the first half of 2019 Europe invested €8.8bn in the construction of future wind farms…

Total Plans $5 Bln in Asset Sales

(File photo: Malfere Damien / Total)

French energy giant Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on low breakeven projects that can weather weak oil prices, it said on Thursday.The company reported a 19% year-on-year drop in adjusted net profit to $2.9 billion in the second quarter, which it attributed to a combination of unfavorable market factors.These include a 7% drop in oil prices since the second quarter of 2018…