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We are pleased with yesterday's ruling which removes a major barrier for an important project that will provide consumers with increased access to abundant energy supplies, while also improving reliability and resiliency of the energy grid.
Renewable energy startup EtainPower secures strategic investment from decentralized AI computing platform DeepBrain Chain to enable smart grid infrastructure for the renewable energy ecosystem.
For Load Banks, Dynamic Braking, and Motor Control, Resistors Feature Power of 8 kW in Standard Mill Bank Size
• GE Power will be supplying the 6F.03 Gas Turbine and Generator for the HPCL refinery
• It will be the first F-class technology to be installed at any refinery in India, bringing significant cost benefits to HPCL in fuel savings
NEW DELHI, INDIA – August 21, 2018 – GE Power (NYSE: GE) today announced that it has been selected by BHEL (Bharat Heavy Electricals Limited) for the supply of one 6F.03 gas turbine and a generator for installation at HPCL’s (Hindustan Petroleum Corporation Limited) refinery at Vizag (Visakhapatnam) in India. The order, worth INR 220 crores, is part of the capacity expansion plan of HPCL refinery from the current 8.33 MMTPA to 15 MMTPA. The gas turbine will generate close to 60 megawatts (MW) of power to run the plant operations, while the exhaust steam energy generated will be used for process applications.
The HPCL Vizag order also marks the foray of GE’s F-class technology into India’s refinery segment, which offers a significant opportunity for technology upgrades in future. Delivering the heat rate improvement of more than 25 percent over the traditional Frame 5 machines, the 6F.03 gas turbine will bring significant cost benefit to HPCL in terms of fuel savings during the power plant operations.
“Globally, GE’s 6F-class gas turbines (6F.01/6F.03) are offering superior performance, reliability, and flexibility to our customers, typically associated with larger power plants. These machines are also a perfect replacement to the frame 5 and 6B gas turbines that are powering the refineries in India for more than a decade.” said Deepesh Nanda, CEO, Gas Power Systems, GE South Asia.
Well-suited for the O&G sector and embedded with GE’s robust DLN (Dry Low NOx) 2.6 combustion system, enabling lower emissions – less than 15 ppm NOx, the 6F.03 gas turbine ensures that the power plant stays compliant with the latest emission norms. The machine can generate up to 87 MW of power in simple cycle, and deliver more than 57% combined cycle efficiency. Additionally, the high exhaust energy from the turbine can be used for a wide range of CHP (Combined Heat and Power) needs in an industrial set-up and offers enhanced fuel flexibility - an ability to burn multiple fuel types like Syngas, Naptha, Natural Gas, LPG (Liquefied Petroleum Gas) and Arabian Super Light (ASL) crude oil. GE’s gas turbine fleet in the O&G sector in India comprises of an installed base of approximately 2.5 GW.
With the large and diversified installed base across 40 countries worldwide the 6F.03 gas turbines have registered more than 7.9 million operating hours with more than 140 units under operation.
About GE Power
For additional information, please contact:
GE South Asia
+91 124 4906760
The EDF Group subsidiary Dalkia has rounded out its industrial energy portfolio with the acquisition of combined heat and power (CHP) player Aegis Energy Services.
This is match-making of a different kind, aimed at sustainability while addressing corporate social responsibility (CSR).
Fourth Partner Energy (4FPL), a Renewable Energy Service Company (Resco) engaged in providing solar power project installations and maintenance, has come up with an...
As India enters the 72nd year of Independence, by a happy coincidence the country is likely to end the year with 72 GW of installed capacity of renewable power. And the fun has only just begun.
But first to look back at the road traversed, it has been quite a ride. Around the time when India...
JENBACH, AUSTRIA—August 9, 2018—GE’s Distributed Power business (NYSE: GE) signed a multiyear supply agreement with Aggreko plc, a global leader in the supply of temporary power and temperature control solutions, to connect up to 10,000 assets to GE’s Distributed Power myPlant* Asset Performance Management (APM) solution over the next five years.
myPlant APM is an original equipment manufacturer (OEM)-agnostic, Industrial Internet of Things solution for reciprocating engines and generators, which will provide Aggreko with a digital toolset to manage its equipment fleet. With more than 100 other data points being derived or added to each of the assets, Aggreko will be able to monitor a large variety of items. Analytics will help, for instance, predict oil lifetime and ensure the performance and uptime of the mobile power plant. The project represents the largest to date for GE’s Distributed Power myPlant solution for reciprocating engines and generators.
In addition to supplying power to customers in remote areas, Aggreko’s emergency response capability also allows it to respond to emergencies of all sizes, such as restoring power to entire communities after a natural disaster. Complementing Aggreko’s capabilities, the myPlant APM solution provides a cloud-based monitoring and diagnostics infrastructure to remotely manage the performance of Aggreko’s reciprocating engine fleet of power plants. Aggreko will be able to gain real-time intelligence needed for better decision-making to achieve the desired outcomes and increase the assets’ uptime at customer sites in various industrial sectors and events.
“With Aggreko’s globally mobile and geographically widespread fleet, this agreement will provide us with the ability to remotely monitor hundreds of thousands of sensors across our power generation fleet,” said Dr. Volker Schulte, Group Manufacturing & Technology Director, Aggreko plc. “This will allow us to improve our performance and prevent system disruptions so we can better serve our customers around the world.”
GE’s Distributed Power myPlant APM solution for reciprocating engines and generators is aimed at improving uptime and efficiency, reducing life cycle costs and driving operating performance and profitability. The myPlant offering uses secure, centralized cloud storage to collect the data from customers’ gas, diesel, heavy fuel oil and solar photovoltaic-based power generation, distribution and energy storage equipment, regularly transmitting sensor data streams, control alarms and operational data.
“By digitalizing its fleet through the implementation of our myPlant APM solution across its global assets, Aggreko will be able to deliver power to its customers more reliably and efficiently,” said Carlos Lange, president of GE’s Distributed Power business. “myPlant will allow Aggreko to monitor equipment condition, performance and availability. With these real-time insights, Aggreko can make better decisions to reduce equipment downtime and operating costs.”
The project will be implemented across Aggreko’s power generation fleet in multiple regions. The first site deployment for Distributed Power’s myPlant solution is planned for the fourth quarter of 2018.
* Indicates a trademark of the General Electric Company.
Around the world, people, businesses and countries are striving for a better future—a future that needs power and the right conditions to succeed. Aggreko works round the clock, making sure everyone gets the electricity, heating and cooling they need, whenever they need it—all powered by our class-leading equipment, trademark passion, unrivalled international experience and local knowledge. From urban development to unique commercial projects and even humanitarian emergencies, we bring our expertise and equipment to any location, from the world’s busiest cities to some of the most remote places on earth.
That’s what has made us the world’s leading provider of modular, mobile power and heating and cooling. We’ve been in business since 1962 and have more than 7,300 employees, operating from more than 200 locations in 100 countries. With revenues of approximately GBP 1.7bn (USD 2.2bn or Euros 2bn) in 2017, we are listed on the London Stock Exchange (AGK.L) and have our headquarters in Scotland.
For more information, please visit our local website at: aggreko.com
About GE’s Distributed Power business
GE’s Distributed Power business, which includes the Jenbacher and Waukesha product lines, is a leading provider of engines, power equipment and services focused on power generation and gas compression at or near the point of use. Distributed Power offers a diverse product portfolio that includes highly efficient, fuel-flexible, industrial gas engines generating 200 kW to 10 MW of power for numerous industries globally. In addition, the business provides life cycle support for more than 48,000 gas engines worldwide to help you meet your business challenges and success metrics—anywhere and anytime. Backed by our service providers in more than 100 countries, Distributed Power‘s global service network connects with you locally for rapid response to your service needs. GE’s Distributed Power business is headquartered in Jenbach, Austria.
About GE Power
GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption. Operating in more than 180 countries, our technology produces a third of the world’s electricity, equips 90 percent of power transmission utilities worldwide, and our software manages more than forty percent of the word’s energy. Through relentless innovation and continuous partnership with our customers, we are developing the energy technologies of the future and improving the power networks we depend on today. For more information please visit www.ge.com/power, and follow GE Power on Twitter and on LinkedIn.
GE (NYSE: GE) is the world’s digital industrial company and changes the industry with connected, responsive and predictive software-controlled machines and solutions. GE is organized around a global knowledge sharing system, “GE Store”, which allows all business units to access the same technologies, markets, structures and intellectual property and share them with one another. Every invention promotes other innovations and applications across multiple business units. With people, services, technology and scale, GE offers customers better results, as we speak the language of the industry. www.ge.com
Country’s utilities and government regulators are focused on aggressive electrification, decentralization, and digitization efforts, report finds
A second structural impediment to fully realizing DER benefits is the current grid planning approach, which biases grid design toward traditional infrastructure rather than distributed alternatives, even if distributed solutions better meet grid needs. Outdated planning approaches rely on static assumptions about DER capabilities and focus primarily on mitigating potential DER integration challenges, rather than proactively harnessing these flexible assets.
Section II demonstrated how California could realize an additional $1.4 billion per year by 2020 in net benefits from the deployment of new DERs during the 2016-2020 timeframe. This state-wide methodology was then applied to the planned distribution capacity projects for California’s most recent GRC request, showing how the deployment of DERs in lieu of planned distribution capacity expansion projects in PG&E’s next rate case could save customers over $100 million.
Motivated by the challenge faced in designing a grid appropriate to the 21st century, this report first focuses on determining the quantifiable net economic benefits that DERs can offer to society. The approach taken builds on existing avoided cost methodologies – which have already been applied to DERs by industry leaders – while introducing updated methods to hardto-quantify DER benefit categories that are excluded from traditional analyses. While the final net benefit calculation derived in this report is specific to California, the overall methodological advancements developed here are applicable across the U.S. Moreover, the ultimate conclusion from this analysis – that DERs offer a better alternative to many traditional infrastructure solutions in advancing the 21st century grid – should also hold true across the U.S., although the exact net benefits of DERs will vary across regions.
Designing the electric grid for the 21st century is one of today’s most important and exciting societal challenges. Regulators, legislators, utilities, and private industry are evaluating ways to both modernize the aging grid and decarbonize our electricity supply, while also enabling customer choice, increasing resiliency and reliability, and improving public safety, all at an affordable cost.
The share of renewables in overall power generation is rapidly increasing, both in developed and developing countries. Furthermore, many countries have ambitious targets to transform their power sector towards renewables. To achieve these objectives, the structure and operation of existing power grid infrastructures will need to be revisited as the share of renewable power generation increases.
Renewable energy technologies can be divided into two categories: dispatchable (i.e. biomass, concentrated solar power with storage, geothermal power and hydro) and non-dispatchable, also known as Variable Renewable Energy or VRE (i.e. ocean power, solar photovoltaics and wind). VRE has four characteristics that require specific measures to integrate these technologies into current power systems: 1) variability due to the temporal availability of resources; 2) uncertainty due to unexpected changes in resource availability; 3) location-specific properties due to the geographical availability of resources; and 4) low marginal costs since the resources are freely available.
A transition towards high shares of VRE requires a re-thinking of the design, operation and planning of future power systems from a technical and economic point of view. In such a system, supply and demand will be matched in a much more concerted and flexible way. From a technical perspective, VRE generation can be ideally combined with smart grid technologies, energy storage and more flexible generation technologies. From an economic perspective, the regulatory framework will need to be adjusted to account for the cost structure of VRE integration, to allow for new services and revenue channels, and to support new business models.
There are several technological options that can help to integrate VRE into the power system grid: system-friendly VREs, flexible generation, grid extension, smart grid technologies, and storage technologies. New advances in wind and solar PV technologies allow them to be used over a wider range of conditions and provide ancillary services like frequency and voltage control. Flexible generation requires changes in the energy mix to optimise production from both dispatchable and non-dispatchable resources. Smart grid technologies can act as an enabler for VRE integration, given their ability to reduce the variability in the system by allowing the integration of renewables into diverse electricity resources, including load control (e.g. Demand Side Management (DSM), Advanced Metering Infrastructure (AMI), and enhancing the grid operation and therefore helping to efficiently manage the system’s variability by implementing advanced technologies (e.g. smart inverters, Phasor Measurement Unit (PMU) and Fault Ride Through (FRT) capabilities).
Energy storage technologies can alleviate short-term variability (up to 2 Renewable Energy Integration in Power Grids | Technology Brief several hours), or longer-term variability through pumped-storage hydroelectricity, thermal energy storage or the conversion of electricity into hydrogen or gas.
Two immediate applications for deploying innovative technologies and operation modes for VRE integration are mini-grids and island systems. The high costs for power generation in these markets make VREs and grid integration technologies economically attractive since they can simultaneously improve the reliability, efficiency and performance of these power systems. This is, for example, the case of the Smart Grid demonstration project in Jeju Island, South Korea.
Furthermore, the right assessment and understanding of VRE integration costs are relevant for policy making and system planning. Any economic analysis of the transition towards renewables-based power systems should, therefore, consider all different cost components for VRE grid integration, such as grid costs (e.g. expansion and upgrading), capacity costs and balancing costs. Integration costs are due not only to the specific characteristics of VRE technologies but also to the power system and its adaptability to greater variability. Therefore, these costs should be carefully interpreted and not entirely attributed to VRE, especially when the system is not flexible enough to deal with variability (i.e. in the short-term).
Moreover, RE integration delivers broader benefits beyond purely economic ones, such as social and environmental benefits. Even though not straightforward, these externalities should be considered and quantified in order to integrate them into the decision-making process and maximise socio-economic benefits.
Due to the rapid technological progress and multiple grid integration options available, policy makers should build a framework for RE grid integration based on the current characteristic of the system, developing technological opportunities and long-term impacts and targets. In particular, policy makers should adopt a long-term vision for their transition towards renewables and set regulatory frameworks and market designs to foster both RE development and management of greater system variability. Such regulatory frameworks could include new markets for ancillary services and price signals for RE power generators that incentivise the reduction of integration costs.
Source: IEA-ETSAP and IRENA
LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Aviation Fuel Category - Procurement Market Intelligence Report. The aviation fuel market will witness an accelerated spend growth momentum owing to the growth of the air travel industry. This growth is resulting in the creation of newer aviation routes and new aircraft fleets, which is consequently increasing the demand for jet fuel and aviation fuel.
“Suppliers must incorporate an IT infrastructure in the manufacturing and distribution processes of aviation fuel to offer transparency to the buyers,” says SpendEdge procurement expert Tridib Bora. “The buyers should assess the suppliers based on their ability to offer timely and appropriate maintenance services for cleaning the storage tankers and underground pipelines that are used for storage and transportation of aviation fuel,” added Tridib.
SpendEdge sample reports are free of charge and provide insights that focus on the cost-saving aspects of procurement and the optimization of category spend. Request a FREE sample report.
SpendEdge’s procurement market intelligence reports for the utilities category offer a clear overview of the input cost dynamics and category pricing strategies. They offer clear insights into supplier selection criteria, which guides the buyers during their procurement process. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.
The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the aviation fuel market.
- Increasing demand for jet fuel and aviation fuel due to introduction of new aviation routes and aircraft
- Increasing demand for aviation fuel types such as the jet fuel from the end-user industries
- To know more, view the full report
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Report scope snapshot: Aviation fuel market
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- Category spend in the US
- Supplier cost structure in the US
- Margins of suppliers in the US
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- Supplier selection criteria
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- Outsourcing category management activities
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LONDON, August 21, 2018 /PRNewswire/ -- Report Scope
This report covers the global market for gas engines for drones and electric vehicles, including regional analysis of North America, Latin America, Europe, the Asia-Pacific region and the Rest of World. Component segments include automotive, consumer, commercial and other markets.
Download the full report: https://www.reportbuyer.com/product/5486794
- A brief overview and industry analysis of the global market for gas engines for drones and electric vehicles
- Analyses of global market trends, with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Segmentation of the global market by technology type, end-use, application and major geographies, including North America, Europe, APAC, MEA and Latin America
- Assessment of the competitive dynamics of the market, including critical success factors such as research and development capability, installed base, branding and ecosystem influence and partnerships
- Company profiles of major players, including BAIC Group, BMW, Honda Motor Company Ltd., Nissan and Suzuki Motor Corp.
The internal combustion engine, the most common engine used in commercial and consumer vehicles, is a study in contrasts when it comes to environmental considerations.On the one hand, there is pressure to discontinue or reduce use of these gas-powered engines because of CO2 emissions.
On the other hand, there is no better-performing means of power generation for vehicles than gas engines. This has created a dilemma pitting intangible environmental impacts against ease-of-use, low cost and superior performance expectations of consumers and commercial users.
The answer to this dilemma in the electric vehicle market is a hybrid.Rather than reducing the value and volume of internal combustion engines, electric hybrid vehicles are stimulating demand, granting new life to gas engines that are more compliant with environmental requirements.
The nascent drone market is also developing to expand gas engine use for quadcopter peers and hybrid drones that can operate with greater utility. These markets are driving new opportunity for all gas engine manufacturers, many of whom are also vehicle producers.
The gas-powered engine market for electric vehicles and drones was worth REDACTED in 2017, and it is expected to grow to REDACTED in 2018 and then to REDACTED in 2023 at a compound annual growth rate (CAGR) of REDACTED from 2018 through 2023. North America is the leading adopter of this compromise between electric motors and gas engines, largely due to the high expectation of performance and economy of U.S. consumers and commercial users. The region invested REDACTED in gas and electric vehicle drones 2017, and it is expected to invest REDACTED in 2018 and then REDACTED in 2023 at a CAGR of REDACTED.
Following a similar pattern is the European market, where environmental concerns are even more pressing due to national and regional regulations that require the use of electric vehicles.Hybrid investments occurred at the rate of REDACTED in 2017 for the gas engine market, which will grow to REDACTED million in 2018 and then to REDACTED in 2023 at a CAGR REDACTED from 2018 to 2023.
The Asia-Pacific region is also a strong market for electric vehicles, although the tendency is toward pure electric rather than hybrid vehicles, making for a smaller REDACTED gas engine market in 2017 that will grow to REDACTED in 2018 and then to REDACTED in 2023 at a CAGR REDACTED.
Rest of World markets are even less likely to adopt gas engines for electric vehicles or gas-powered drones. The total market value was REDACTED in 2017, growing to REDACTED in 2018 and then to REDACTED in 2023 at a CAGR of REDACTE D.
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HANOVER, Md.--(BUSINESS WIRE)--Dragos, Inc., the trusted leader in industrial threat detection and response technology and services, announced today that Joe Slowik, adversary hunter for Dragos, Inc., will present at two sessions—“100% cyber secure—Is it utopia?” and “ICT & Cyber Security”—during the Offshore Northern Seas Foundation’s ONS 2018 (Aug. 27-30, Stavanger, Norway).
“ICT and Cyber Security” is a technical session that will feature seven presenters, whose talks will focus on the new initiatives, trends, and applicable technologies within the upstream industry. Slowik will address the topic of building ICT defense in oil and gas and offer recommendations for defensive measures with those two spaces.
|Technical session: “ICT & Cyber Security”|
|Tuesday, August 28, 10:00 a.m. – 12:00 p.m.|
Leo Simonovich, VP and Global Head, Industrial Cyber and Digital Security, Siemens; Niall Merrigan, Head of Cybersecurity Norway, Capgemini; Thomas Ventulett, CEO, Aegex Technologies; Linn Iren Vestly Bergh, Senior Advisor, Petroleum Safety Authority; Prashant Soni, Commercial Director Veracity, DNV GL; Olav Espedal, Corporate Security Manager, Jakob Hatteland Solutions; Joe Slowik, Adversary Hunter, Dragos, Inc.
|Hall 10, Stavanger Forum, Gunnar Warebergsgate 13, Stavanger, Norway|
The panel discussion, “100% cyber secure—Is it utopia?” will examine digitalization and how the use of smart grids and smart devices make the energy sector an attractive target for cyber-attacks, with an eye to how enterprises can manage the risks and, more importantly, become cyber resilient.
|Panel discussion: “100% cyber secure—Is it utopia?”|
|Wednesday, August 29, 10:00 a.m. – 12:00 p.m.|
Moderator: Marianne Aas, Head of Section, Norwegian National Security Authority; Michael Chertoff, Executive Chairman and Co-founder, The Chertoff Group; Joe Slowik, Adversary Hunter, Dragos, Inc.; Leo Simonovich, VP and Global Head, Industrial Cyber and Digital Security, Siemens; Julian Meyrick, Vice President, Security, IBM Europe; Elisabet Haugsbø, Senior Cybersecurity Engineer, DNV GL Digital Solutions; JP Cavanna, Group Head of Cyber Security, Lloyds Register; General Michael Hayden, The Chertoff Group.
|Clarion Hotel Energy, Stavanger, Norway|
Principal Threat Analyst Mark Stacey will be on hand in the Dragos booth (#5628) to answer technical questions for media and to explain more about the industry’s most comprehensive ICS cybersecurity solution.
Dragos applies expert human intelligence and threat behavior analytics to redefine industrial control system (ICS) cybersecurity. Its industry-first, ICS cybersecurity ecosystem provides industrial security practitioners with unprecedented situational awareness over their environments, with comprehensive threat intelligence, detection, and response capabilities. Dragos' solutions include: the Dragos Platform, software providing ICS-specific asset discovery, threat detection, and investigation capabilities; Dragos Threat Operations Center, providing ICS threat hunting, incident response services, and ICS cybersecurity training; and Dragos ICS WorldView, providing global, ICS-specific threat intelligence in the form of weekly reports and critical alerts upon discovery. Headquartered in metropolitan Washington DC, Dragos' team of ICS cybersecurity experts are practitioners who've lived the problems the industry faces, hailing from across the U.S. Intelligence Community to private sector industrial companies. For more information, please visit dragos.com.
DUBLIN--(BUSINESS WIRE)--The "Gas Detection Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global gas detection equipment market to grow with a CAGR of 5.4% over the forecast period of 2018-2024.
Rising safety concerns in industrial as well as commercial spaces are the major factors driving the growth of the gas detection equipment market.
In addition, wireless gas detection systems have also proven themselves in oil and gas applications to provide increased safety and cost savings in exploration, refining, plant improvements, and retrofits. This in turn is anticipated to drive the gas detection equipment market over the forecast period.
However, high response time of the gas detectors with the change in the concentration of the gas and intense competitive market players are the factors hampering the growth of the gas detection equipment market over the years to come.
Furthermore, increase in demand to detect gases and safety for medical and household sector are anticipated to provide huge growth opportunities for the key players in the gas detection equipment market.
The prominent players identified in the gas detection equipment market are Honeywell Analystics, Sierra Monitor Corporation and General Monitors. In addition, Honeywell Analytics manufactures a full and comprehensive range of products has set a benchmark for the industry in terms of quality, functionality, and ease of use.
Key Topics Covered
2. Executive Summary
3. Global Gas Detection Equipment Market Overview
4. Global Gas Detection Equipment Market Macro Indicator Analysis
5. Global Gas Detection Equipment Market by Sensor Type
6. Global Gas Detection Equipment End-Use Industry
7. Global Gas Detection Equipment Market by Power Source
8. Global Gas Detection Equipment Market by Region 2018-2024
9. Company Profiles & Competitive Landscape
- Honeywell International Inc.
- Siemens AG
- Riken Keiki Co. Ltd.
- SE Electronics
- GE Measurement & Control Solution
- Schauenburg Group
- RAE Systems Inc.
- Industrial Scientific Corp.
- Troloex Ltd.
- ESP Safety Inc.
For more information about this report visit https://www.researchandmarkets.com/research/x5df74/global_gas?w=4
BOSTON--(BUSINESS WIRE)--XL, the leader in connected vehicle electrification solutions for commercial and municipal fleets, today announced it has received approval from the California Air Resources Board (CARB) to sell hybrid electric Ford F-250 pickup trucks in California, marking the 14th CARB executive order achieved by the company. XL has earned the highest number of CARB executive orders for commercial vehicle electrification in the entire automotive industry. In addition, the company noted that its hybrid-equipped Ford F-250 improves fuel economy by an average of 25%, while reducing CO2 emissions by 20%, providing both an economic and environmental advantage for fleets across North America.
The California Air Resources Board and other organizations continue to pursue the statewide goals for reducing greenhouse gases to 40 percent below 1990 levels by 2030, and part of the burden will rest on the transportation sector to reduce emissions. Many commercial and public fleets are deploying electrified fleet vehicles to meet these goals. In addition to hybrid electric F-250s, XL also offers hybrid electric (HEV) systems for Ford Transit vans, General Motors vans and cutaways, and Ford E-Series cutaways. XL introduced its plug-in hybrid electric (PHEV) system for Ford F-150s last year, highlighting an MPG gain of 50% and CO2 reduction of 33%. As a result, commercial, municipal and utility fleets have cost-effective and scalable ways to achieve sustainability goals, without impacting vehicle performance or operations.
“The XLH system is helping us to be in line with the California greenhouse gas reduction standards for the vehicles we use in the County,” said Mike Quan, C.P.M. for the County of Los Angeles Internal Services Department – Fleet Services. “And the XL Link telematics program will allow us to measure and analyze speed, idling, vehicle drive cycle, CO2 emissions reductions and MPG.”
Clay Siegert, chief operating officer of XL, said, “California continues to set a high bar for electrified vehicle technology, and we’ve seen many U.S. states following California’s lead. As a result of this CARB executive order, XL provides fleets with even more choices for electrified trucks and vans, while ensuring that XL is well-positioned should California and other U.S. states tighten restrictions on conventional vehicles with internal combustion engines.”
XL is the leader in vehicle electrification solutions for commercial and municipal fleets in North America, relied on by customers such as The Coca-Cola Company, Verizon, Yale University, the City of Boston and the City of Seattle. With its XLH® hybrid electric drive system and the XLP™ plug-in hybrid electric drive system, XL offers fleet-ready® technology to Class 2 to 6 commercial and municipal customers to increase fuel economy by between 25-50 percent and reduce carbon dioxide emissions by between 20-33 percent, decreasing operating costs and meeting sustainability goals with zero impact on fleet operations. XL works with Ford, General Motors and Isuzu to electrify thousands of commercial trucks, vans and shuttles, with over 70 million miles driven on XL systems. Founded by MIT alumni and funded by Constellation Technology Ventures, IKEA Group and private investors, XL is based in Boston. For more information, visit www.xlfleet.com or follow us on Twitter @xlfleet.
HOUSTON--(BUSINESS WIRE)--The Alaska North Slope (ANS) Basin -- a prolific source of U.S. oil production previously limited by a number of barriers to entry including cost and access -- is poised to re-emerge as a major source of U.S. energy production, with crude oil output potentially increasing as much as 40 percent during the next eight years, according to new energy research from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions
Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil). IHS Markit said the estimated ultimate recovery (EUR) for the ANS Basin is 54.8 billion BOE, which includes the 38 billion BOE in remaining resources combined with the 16.8 billion barrels of oil produced to date in the ANS.
IHS Markit classifies the ANS Basin as an arrested, late-emerging-phase ‘super basin,’ rather than a mature basin, according to its research criteria.
“Previously thought of as a mature basin, recent large discoveries made in the shallow Nanushuk and Torok formations indicate this basin has a lot of room left to grow beyond the Endicott and Ivishak formations, which are the reservoirs from which the giant Prudhoe Bay and Endicott fields produce,” said Kareemah Mohamed, associate director, plays and basins research at IHS Markit, and lead author of the IHS Markit analysis. “This is why we refer to this basin as being in the late-emerging-phase, because it still has such significant resources to offer.”
IHS Markit said the basin has previously produced 16.8 billion barrels of oil to date, but in 2017, recoverable reserves increased six-fold in previously ignored shallow Cretaceous formations—Nanushuk and Torok—which total an estimated 5 billion barrels.
“According to the IHS Markit analysis, despite the geologic potential of the ANS, potential investment risks include needed service-sector expansion to support expected production growth, uncertainty over whether the state of Alaska will maintain its tax-incentive program, infrastructure access for new entrants, and the potential application of unconventional technology in a complex operating environment,” Mohamed said.
Further, IHS Markit said there is an estimated 9.5 billion BOE of yet-to-find volumes in the National Petroleum Reserve in Alaska (NPR-A), Area 1002 of the Alaska National Wildlife Refuge (ANWR) and central Slope combined.
Aside from the new discoveries, the basin warrants attention from prospective operators because the Alaska North Slope now has fewer barriers to entry for operators, making it more competitive, Mohamed said. Advances in new drilling technologies that help reduce operating costs*, efficiencies from economies of scale, state-level incentive programs for accelerated permitting, and infrastructure investment make this largely onshore conventional basin worth considering anew.
“Cost efficiencies from advances in drilling and operational practices will require the right kind of operator expertise,” Mohamed said. “For example, ConocoPhillips has employed learnings from its Lower-48 unconventional assets to lateral drilling in their Alaska North Slope CD-5 development located in the NPR-A.”
In late 2017, the U.S. administration opened all areas of the NPR-A and Area 1002 of the Alaskan coastal plain (which is part of the ANWR) to possible E&P investment. The prospectivity of the Nanushuk and Torok formations adds more stratigraphic opportunities for operators, while the opening of the ANWR and all areas of the NPR-A, adds to the lateral extent potential as well, Mohamed said.
*ConocoPhillips has used new technologies such as extended-reach laterals to cut costs by 25 percent in the basin, the IHS Markit report noted. “We expect development in the basin to continue to be driven by commercial masters ConocoPhillips and ExxonMobil, but also by challengers Oil Search and Hilcorp,” Mohamed said. “We anticipate increased bidding activity and farm-ins as established operators expand their presence, and new entrants seek to gain early mover advantage by leveraging low acreage prices to enter newly opened areas.”
New production in the short-term will largely come from ConocoPhillips, ExxonMobil and Oil Search, the IHS Markit report said. Also operators such as Eni are chasing onshore reservoir trends into the shelf area, which is three miles off the Alaskan coast in the Beaufort Sea. This activity is a leading indicator of an approaching wave of near-field exploration on the ANS, Mohamed said.
“For onshore light-oil opportunities in a stable country with a positive investment outlook, the ANS provides a viable alternative to the competitive Lower-48 unconventional basins, where acreage prices are an order of magnitude greater, and have transportation and raw material constraints, even if they are temporary,” Mohamed said.
IHS Markit defines ‘super basins’ as basins that have multiple reservoirs and source rocks, diverse play types across numerous geologic horizons, infrastructure with access to markets, and established service sector and supply chains. Additionally, to achieve ‘super basin’ status, identified basins must hold at least 5 billion BOE in conventional remaining reserves and have already produced at least 5 billion BOE.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
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WITHSTANDING HARSH OPERATING CONDITIONS
Hohhot Co., Ltd. operates a pump-storage plant (PSP) in Inner Mongolia, China, that supplements a wind farm and provides peak demand power, supplemental power capacity when production is reduced, and energy storage for stand-by emergency power and frequency regulation.
The operating conditions of the Hohhot PSP are harsh and required a specific design of pump turbines and motor-generators that includes:
Higher stability while operating over a large head range
Ability to withstand load and thermal cycles due to frequent starts and stops
Higher availability to cope with demand from the grid.
OBLIQUE ELEMENTS TO ENHANCE PERFORMANCE
GE installed four reversible, 306 MW Francis pump turbines and motor generator units at the PSP plant, and furnished technical and quality support for the unit equipment.
The motor generator’s upper bracket, rotor spider and stator frame were equipped with patented oblique elements that allow thermal expansion without moving parts, resulting in a maintenance free solution. Since this greatly reduces element fatigue and permits smaller clearances, the generators are more compact, efficient and reliable.
The maintenance-free oblique elements increase generator lifetime and—given their smaller foundation – decrease construction costs.
ACHIEVING DESIRED PARAMETERS
The PSP entered commercial operation in 2014 and the customer uses the plant to complement their wind farm production, as well as to provide the electrical network with power for peak demand, supplemental power for periods of reduced production, energy storage for emergency power stand-by and frequency regulation.
Courtesy GE Renewable Energy
The Solar Energy Industry Association (SEIA) recently concluded a year-long series of white papers examining state-level efforts to modernize the American utility grid. As we’ve previously explored, the creation of a stable, sustainable electric grid is a vital step towards a future in which consumers have greater choice over the source of their power.