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Daily Energy News

Policy & Regulatory

The Chinese National Energy Administration (NEA) has opened applications for large-scale wind and solar PV projects under the second phase of the country's desert renewables scheme, including the Gobi Desert. Provincial-level energy authorities have to submit projects by 15 December 2022. Individual projects must have an installed capacity of 1 GW and integrate both wind and solar PV where possible. The projects are expected to be completed in 2023-2024.

The Dutch Ministry of Economic Affairs and Climate Policy has received 4,109 applications in the first round of the 2021 SDE++ (Stimulering Duurzame Energieproductie) programme for large-scale solar and renewable energy, which was largerly oversubscribed. The cumulated applications would require a total budget of €12bn, compared with €5bn earmarked for the round. The proposals include 5,170 MW of renewable projects, of which 4,132 MW are solar PV projects, 243 MW geothermal projects and 151 MW biomass projects.

The government of Denmark and several political parties have agreed to offer 2 GW of new offshore wind capacity to be developed before 2031 as part of the Finance Act 2022. In addition, the country will present studies in 2022 that can form the basis for a possible tender for an additional 1 GW and will develop the North Sea energy island to its full capacity (10 GW) as soon as possible, with 2040 as the target point. Denmark currently has 2.3 GW of offshore wind capacity (2021).

Companies

Saudi Arabia's national oil and gas company Saudi Aramco has signed a US$15.5bn lease and leaseback agreement involving its gas pipeline network with a consortium led by BlackRock and Hassana, the investment management arm of the General Organisation for Social Insurance (GOSI) in Saudi Arabia. As part of the transaction, Aramco will create a new subsidiary, Aramco Gas Pipelines Company, and will sell a 49% stake to the consortium, retaining a 51% majority stake.

The government of Russia will work out proposals by 1 March 2022 for Rosneft to supply 10 bcm of pipeline gas exports to Europe. Gazprom currently holds monopoly rights for gas exports via pipelines but two of the pipeline routes, via Ukraine and the Yamal pipeline, are underused; Rosneft could thus secure export rights through these gas pipelines. Opening Gazprom's pipeline export monopoly has long been under consideration, with other oil and gas companies authorised to export LNG in December 2013.

Energy & Climate Markets

The Dutch Ministry of Economic Affairs and Climate Policy has started spatial planning procedures for cable routes that would connect 10.7 GW of installed offshore wind capacity the country plans to add by 2030. The offshore wind projects would be built in IJmuiden Ver Noord, and Wind Energy Zones 1 and 2, and would be connected to Borssele, Geertruidenberg and Maasvlakte. Another cable could link the new 5-East wind energy area to Eemshaven, and a pipeline could also be laid to transport hydrogen produced at sea to Eemshaven.

JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, has retired four 600 MW LNG-to-power units at its 3.6 GW Anegasaki power plant in Chiba (Japan). The decommissioned units entered commercial operations between 1967 and 1972. Three new 650 MW gas turbine and steam units are currently under construction on the same site and are expected to be commissioned in 2023.

Infrastructure & Investments

Alinta Energy plans to establish a 1,000 MW offshore wind project around 10 km off the coast of Portland, in southwestern Victoria (Australia), that could supply the Portland Aluminium Smelter and east coast electricity grid. The AUD4bn (US$2.8bn) Spinifex offshore wind plant would connect to the grid via the smelter. The company intends to kick off regular updates and discussions in the first half of 2022.

The Antofagasta Region Environmental Assessment Commission has approved the Environmental Qualification Resolution (RCA) of the 353 MW Lomas de Taltal wind project developed by Engie, which will be located 70 km northeast of the Taltal commune and 140 km southeast from the city of Antofagasta (Chile). The project will be made up of 57 wind turbines of up to 6.2 MW each. The company also plans to build a 20 km-long, 220 kV simple circuit transmission line to connect the plant to the National Electric System (SEN).

Pattern Energy and the New Mexico Renewable Energy Transmission Authority (RETA) have brought online the Western Spirit Transmission line in New Mexico (United States). The 155-mile (249 km), 345 kV transmission line, developed jointly by Pattern Energy and RETA, will collect up to 800 MW of wind power from central New Mexico and connect it to the electric grid managed by Public Service Company of New Mexico (PNM) near Albuquerque. PNM will acquire and operate the transmission line shortly after commissioning is fully completed.