Electricity News

21 Jan 2019

Floating LNG Power Vessel Market Set to Exceed USD 1 Bln

Image: Wison Offshore & Marine

The Global Floating LNG Power Vessel market accounted for $780.14 million in 2017 and is expected to reach $1,073.54 million by 2026 growing at a CAGR of 3.6% from 2017 to 2026.According to a market research report by ResearchAndMarkets, some of the factors such as growing demand for power coupled with the lack of power infrastructure and increase in hybrid fuel engines are fueling the market growth.However, factors such as high capital cost associated with operations, maintenance…

21 Jan 2019

Ørsted, Tepco Join Forces for Japan Offshore Push

Image: Ørsted

Tokyo Electric Power Company Holdings (TEPCO) has signed a memorandum of understanding (MoU) with Danish energy business Orsted to work together on offshore wind projects.In a press release, TEPCO said that it had been “exploring offshore wind business opportunities” in both Japan and overseas. Orsted is a world leader in wind energy and built the world’s first offshore wind facility in 1991. Ørsted has constructed more than 25 offshore wind farms in Europe and has several large-scale offshore wind development projects in Europe…

21 Jan 2019

Shipbuilding: NYK, Jera Carrier Named “Shinshu Maru”

Photos: NYK Line

Japan’s Kawasaki Heavy Industries (KHI) held a naming ceremony at its Sakaide shipyard for the new liquefied natural gas (LNG) carrier owned jointly by NYK Line and JERA.The ceremony was attended by Hendrik Gordenker, chairman of JERA Co. Inc.; Yasumi Kudo, chairman of NYK; and a number of related parties.At the ceremony, the ship was named “Shinshu Maru” by Mr. Gordenker and the ceremonial rope holding the vessel in place was cut by his wife. The ship derives its name from “Shinshu”…

18 Jan 2019

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, the newest wind turbine in the SGRE offshore product portfolio builds on proven technology for maximum energy yield at all wind speeds.

15 Jan 2019

Offshore Wind Market Expected to Reach $50 bln by 2023

Image: Siemens

The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The growth in this sector can be attributed to the increasing demand for clean and reliable energy in order to reduce the global carbon emissions and to maintain ecological balance by generating electricity through renewable resources, said a report by Market Research Future.However, high initiating capital cost of the projects with high maintenance cost and logistics issues, can hinder the offshore wind market.

14 Jan 2019

Viking Link Between UK and Denmark Gets Green Signal

Image: Viking Link

Viking Link, an electricity link between Denmark and the UK has been given the green light by the government. The  a proposed 473-mile (761km) electricity cable between Bicker Fen, near Boston, and Revsing, in southern Jutland.The cable running from the Lincolnshire coast to Denmark, uniting UK offshore wind with the sector’s pioneering nation. The GBP1.8 billion (USD 2.31 bln) project hits UK landfall between Sandilands and Anderby Creek.It will include about 40 miles of underground cables before it reaches landfall…

09 Jan 2019

Stena Line Inaugurates Onshore Power Supply in Oslo

Image: Stena Line

European ferry company Stena Line is the first ferry company to connect to the onshore power supply connection in the Port of Oslo.Stena Saga will now be connecting to the electricity grid during calls into port. This is an important step in Stena Line’s dedicated sustainability work, with one of the focus areas being to reduce emissions.Stena Line has been working with onshore power supply connections since 1989 and is a pioneer within this area. With Stena Saga, 14 of Stena…

03 Jan 2019

Nordlaks Orders 2nd Live Fish Carrier

Illustration of Nordlaks two new live fish carriers (Photo: NSK Ship Design)

Nordlaks is ordering another live fish carrier with gas / battery hybrid propulsion, to reduce the diesel consumption for transporting live fish from 2020. The first live fish carrier is already under construction. Vessel number two originates from the same design by NSK Ship Design."Technology development means that we get to choose out of range of solutions the ones that can be efficient both for the environment and the business at the same time. Another example is the use of electricity at our fish farms…

02 Jan 2019

First Shore-to-Ship Cold Ironing Connection In Eastern Med

Photo: Lloyd's Register

Eastern Mediterranean achieved reduced environmental footprint at the port of Killini, which on December 20th, 2018 held an inauguration event of the first pilot shore installation for the electrification of ships with an overwhelming ceremony that shed light to the endeavor that was accomplished by the EU co-funded Action ‘elemed’ and the shipping company Levante Ferries, who experienced the plug in of its passenger ro-ro ferry Fior Di Levante to the new electrification position on shore.The event was opened by Mr Nabil-Iosif Morant…

23 Dec 2018

China's LNG Imports Hit Record High

Image: Cosco Shipping Energy Transportation Co.,Ltd

China's imports of liquefied natural gas (LNG) in November surged to a new record as the country briskly promotes the green fuel to clean its energy mix, said a report in Xinhua.In November, LNG imports totaled 5.99 million tons hitting a new record, rising 48.5 percent year-on-year, according to figures from the General Administration of Customs released over the weekend. The previous record was 5.18 million tons set in January this year, according to media reports.The report said that the country's appetite for natural gas has swelled rapidly in recent years…

21 Dec 2018

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 two projects amount to a total value of 1.7 billion euro (USD 1.95 bln)" said a statement from the Europe's generator of electricity and heat in Denmark…

18 Dec 2018

Top 10 Ships of 2018: #1 - Diamond Gas Orchid

Diamond Gas Orchid. Photo: Mitsubishi Shipbuilding Co.

The first Sayaringo STaGE type LNG carrierMitsubishi Shipbuilding Co., Ltd. (MHIMSB) delivered the first Sayaringo STaGE type liquefied natural gas (LNG) carrier, named Diamond Gas Orchid in June, 2018. The Sayaringo STaGE, which was developed based on MHIMSB's cutting-edge technology, has a continuous cover over the cargo tanks, a feature inherited from its predecessor the “Sayaendo”, and while keeping this merit, incorporates apple-shaped MOSS-type cargo tanks and a twin-shaft hybrid propulsion system “STaGE” plant, enhancing economic efficiency, environment friendliness, and versatility.

14 Dec 2018

INSIGHTS: Lorry Wagner, Ph.D., President, LEEDCo

Dr. Lorry Wagner has served as president of the Cleveland-based Lake Erie Energy Development Corporation (LEEDCo) since May of 2010.LEEDCo is the public private partnership behind the effort to construct Icebreaker Wind, a 6 turbine 20.7 megawatt offshore wind energy demonstration project in Lake Erie, 8 miles off the shore of Cleveland. LEEDCo has received funding from the U.S. DOE under its Advanced Technology Demonstration Projects award and has partnered with Fred. Olsen Renewables of Norway. Dr.

13 Dec 2018

Dudgeon Offshore Wind Bags $1.77B Refinancing

Image: Dudgeon

One of the world’s largest offshore wind projects, the 402-megawatt (MW) Dudgeon offshore wind farm in the U.K., announced the signing and pricing of privately placed notes for the refinancing of the project’s existing non-recourse project debt, with financial close expected next week. The original financing for Dudgeon was successfully closed in May 2016.The refinanced debt consists of approximately GBP1.27 billion ($1.77 billion) in fully-amortizing senior-term loans, comprising around GBP561 million in commercial debt and a GBP706 million private placement of senior secured notes…

10 Dec 2018

Tepco Launches First Commercial Offshore Wind Farm

Image: Tepco

Japan's largest power company group Tokyo Electric Power Company (Tepco) announced  that the company’s first commercial offshore wind power facility will launch on January 1, 2019.According to a press release from the utility giant, since 2013, Tepco has been conducting Japan’s first demonstration test of offshore wind power facility (rated output: 2,400 kW; bottom-fixed foundation turbine), which is located south of Choshi, Chiba Prefecture.During the demonstration, Tepco continuously…

07 Dec 2018

MOL Signs Pact for Asia’s 1st Gas-to-Power Project FSRU

Map: Mitsui O.S.K. Lines (MOL)

Mitsui O.S.K. Lines (MOL) has announced that the company has signed deals for construction of a floating storage and regasification unit (FSRU), FSRU services, and financing for the Jawa 1 Gas-Fired Project, through PT Jawa Satu Regas (JSR), a joint company of PT Pertamina (Persero), Marubeni Corporation, and Sojitz Corporation etc.MOL is entrusted with FSRU construction supervision, maintenance, and operation services.In this project, PT Jawa Satu Power(JSP), jointly established by Pertamina…

06 Dec 2018

MHI Vestas Confirms Scotland Offshore Wind Order

Image: MHI Vestas

MHI Vestas Offshore Wind will supply 100 turbines for the 950-megawatt (MW) Moray East offshore wind farm in waters off the northeast coast of Scotland.Under the contract, MHI Vestas will deliver one hundred of its V164-9.5 MW offshore wind turbines for the project in the Moray Firth. The order includes a 15-year service agreement, MHI Vestas said. This is the company’s largest ever MW project.Moray Offshore Windfarm (East) Limited, known as Moray East, is a 950 MW offshore wind project 22km from the coast of Scotland…

06 Dec 2018

Southwest Alaska Pilots Take Delivery of Gladding-Hearn Pilot Boat

Image Credit: Gladding Hearn

The Southwest Alaska Pilots Association has taken delivery of a new pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. The vessel was delivered to Fort Lauderdale, where it was loaded on a ship bound for the West Coast.With a length overall of 75.7’, beam of 20.6’ and draft of 3.11’, the all-aluminum  pilot boat features the Ray Hunt-designed Deep V hull. It is powered by twin Cummins QSK38-M1, EPA Tier 3 diesel engines, each delivering 1,400 Bhp at 1,800 rpm and connected to twin ZF-5000 gear boxes. The launch is propelled by a pair of Hamilton HM651 water jets.

05 Dec 2018

Nexans Wins $113m Subsea Contract

Image: Nexans

French cable company Nexans said that  it has been awarded a full turnkey contract worth more than $113m  for the manufacturing, delivery and installation of 350 kV HVDC submarine cable in the Philippines.Nexans has been awarded a full turnkey contract for the submarine link of the Mindanao-Visayas Interconnection Project (MVIP) launched by National Grid Corporation of the Philippines (NGCP).To optimise the delivery of the submarine cabling system for the MVIP to connect the three power grids of Luzon…

04 Dec 2018

Hydrogen As an Energy Carrier

Pic: DNV GL

Hydrogen can play a significant role in decarbonizing world energy supply to mitigate climate change, according to a new research paper by DNV GL, the technical advisor to the oil and gas industry.According to new DNV GL research paper, decarbonization could drive an estimated 100,000-fold rise in demand for hydrogen for energy by 2050. The paper lays out a viable business concept for producing low-carbon transportable hydrogen offshore from natural gas.'Hydrogen as an energy carrier' predicts demand for hydrogen for heating residential and commercial space…

04 Dec 2018

Siemens Gamesa Firms Belgian Offshore Wind Project

Image: Siemens Gamesa

Spanish wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) received the order for the 487 MW SeaMade offshore wind power project in Belgium from customer Seamade NV.The wind turbines and services provider said that it includes supply and commissioning of 58 units of the SG 8.0-167 DD offshore wind turbine and a 17-year Service agreement. The project consists of the two combined sites: Seastar, a 252 MW offshore wind power plant with 30 SG 8.0-167 wind turbines and Mermaid…

03 Dec 2018

E.on Officially Opens Rampion Offshore Wind Farm

Image: E.ON SE

The 400-MW Rampion offshore wind farm off the Sussex coast in the UK has been officially opened, said German energy company E.on SE. The offshore wind farm now generating enough green electricity for around 350,000 UK homes setting a new power record in the country.Three years of construction officially came to an end on Saturday (November 29) at a ribbon cutting ceremony for the Rampion offshore wind farm, the first wind farm off the UK's south coast.Named after the county flower of Sussex…

03 Dec 2018

Mitsubishi Corporation Part-divests in Moray East Offshore Wind Project

Map: Mitsubishi Corporation

Japan's largest trading company  Mitsubishi Corporation (MC) announced the divestment of shares in Diamond Green Limited, with 30% to be transferred to The Kansai Electric Power Co., Inc (KEPCO) and 20% to Mitsubishi UFJ Lease & Finance Company Limited (MUL).Diamond Green is an intermediate holding company wholly owned by Diamond Generating Europe, which itself is a wholly owned subsidiary of MC based in the UK. DGE has been MC’s executing arm for the Moray East Offshore Windfarm Project located in the North Sea…

Maritime Reporter Magazine Cover Jan 2019 - Ship Repair & Conversion: The Shipyards

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