It appears that Europe’s gas generators are in danger of turning into zombie companies,[i]suggests Hugh Sharman Owner, Incoteco (Denmark) ApS.[ii] They finding it increasingly difficult coping with the market created by uncontrolled expansion of “free” but heavily subsidised renewables and the dumping of cheap imported coal from the United States. […]
GE adds to the Turkish spark GE has won an order to supply Frame 6B gas turbines to Spain’s Technicas Reunidas, the engineering, procurement and construction contractor for the upgrade of the Izmit refinery. The order is part of a $2.3 billion investment by refinery owner Turkish Petroleum Refineries Corporation […]
What should Europe do if it is serious about improving its energy security, its competitiveness and cut greenhouse gases?
Nicholas Newman It needs to do six things: 1. Provide substantial investment in energy security measures for vulnerable states e.g. Poland. 2. Encourage Investment in new gas supplies at home and abroad including domestic shale gas production and imports of gas from the US, Cyprus and Israel. 3. Develop […]
Nicholas Newman Hawaii is considering making a dash for gas as part of its efforts to diversify and invest in cleaner, more affordable power supplies. Approval has been so sought from the various responsible Federal agencies, including the Federal energy regulatory commission to move ahead with supplying Hawaii’s power sector […]
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