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Companies

China Energy Investment Corporation (China Energy) has announced its plans to commission over 6 GW of ultra-low emission coal-fired power capacity in China by the end of 2019 and another 5 GW by the end of 2020, to meet an ever-growing power demand. The new power plants will not only increase capacity but also gradually replace less efficient and more pollutant units.

Mexico's state-owned oil and gas company Pemex has released its Business Plan for 2019-2023, which aims at reversing the declining trend in oil production since the last 14 years. Mexico is facing a sharp decrease in its oil production, which halved from 3.4 mb/d in 2004 to 1.9 mb/d in 2018 and around 1.7 mb/d currently. The group targets a production level of 2,697 kb/d by the end of 2023.

The Georgia Public Service Commission (PSC) has approved US power utility Georgia Power’s 2019 Integrated Resource Plan (IRP), which plans to raise the company's renewable power capacity by 72% to 5,390 MW by 2024, by adding 2,260 MW of solar, wind or biomass power capacity in the United States. Georgia Power also aims at building and operating an 80 MW battery energy storage (BESS) system in the Southeast of Georgia. The company will also retire five coal-fired power units, four at the 1,734 MW Plant Hammond near Rome, and one at the 178 MW Plant McIntosh near Rincon.

Policy & Regulatory

The Ministry of Energy of Algeria is betting on the country's large uranium deposits (around 26,000 tons of proven reserves) to develop nuclear power capacities. Algeria is already part of the IAEA and has two nuclear research reactors (Draria, 3 MW; Aïn Oussera, 15 MW), but no uranium enrichment capacity.

The Ministry of Power and New & Renewable Energy of India has authorized a proposal for early regulatory approval by the Central Electricity Regulatory Commission (CERC) for transmission schemes that would enable the development of 66.5 GW of renewable power projects. The Ministry of New and Renewable Energy (MNRE), the Central Electricity Authority (CEA) and the Central Transmission Utility (CTU) have identified transmission schemes for 66.5 GW of renewable projects, to be developed in two phases of 28 GW and 38.5 GW, respectively.

The Danish Environment Protection Agency has approved the location for the landfall and onshore section of the 10 bcm/year Baltic Pipe gas pipeline in Denmark. The Danish gas transmission network operator Energinet.dk will now seek approval from the 13 municipalities where the onshore section will be located.

Infrastructure & Investments

The first turbine of EnBW's Hohe See offshore wind project in the German North Sea has started to generate power. The project will feature 71 wind turbines provided by Siemens, for a total capacity of 497 MW. When commissioned in late 2019, the project will generate around 2 TWh/year. The project is developed by EnBW (50.1%), in partnership with Enbridge (49.9%) and is associated with the 112 MW Albatros offshore wind project, which will generate an additional 0.5 TWh/year when commissioned in late 2019.

Norte Energia has commissioned the 14th large unit of the Belo Monte hydropower project in Brazil. The power plant is located at Vitória do Xingu, in the state of Pará. It consists of 18 power units totalling 11,233 MW and another 6 units totalling 233 MW of installed capacity. So far, 14 large units and 6 smaller units have been commissioned, raising the operational capacity to 8,788 MW.

The Cabinet Committee on Economic Affairs (CCEA) of India has approved an INR 16bn (US$232m) pre-investment budget for the INR 281bn (US$4.1bn) Dibang hydropower project in Arunachal Pradesh, in north-eastern India. The project will be located in the Lower Dibang Valley district and is expected to be completed within 9 years from the government sanction, i.e. in 2028 at the earliest. The hydropower project will consist of twelve 240 MW units, with a combined capacity of 2,880 MW, which should generate over 11.2 TWh/year.

Finnish power company Teollisuuden Voima Oyj (TVO) has postponed again the commissioning of the 1,650 MWe Olkiluoto-3 (OL3) nuclear power project in Eurajoki (western Finland) to July 2020 because the modification outage works are not progressing as expected, while the commissioning date was scheduled in January 2020. Nuclear fuel will be loaded into the reactor in January 2020 and the first connection to the grid will take place in April 2020, allowing for regular power generation to start in July 2020.