SlideShare a Scribd company logo
1 of 23
Download to read offline
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 1
NewBase Energy News 05 May 2023 No. 1617 Senior Editor Eng. Khaed Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
U.A.E’s Tadweer, Marubeni, Suez consortiums eye region's
largest WtE project
Trade Arabia + NewBase
Emirates Water and Electricity Company (Ewec) and Abu Dhabi Waste Management Company
(Tadweer) have announced that two consortiums led by global utility giants have submitted
proposals for the development of the region’s largest Waste-to-Energy (WtE) facilities in Abu Dhabi.
A leader in the integrated coordination of planning, purchasing and supply of water and electricity
across UAE, Ewec said these proposals are from a Japanese consortium comprising Marubeni
Corporation, Hitachi Zosen Inova and Japan Overseas Infrastructure Investment Corp for Transport
& Urban Development, and a consortium with Suez International and Pal Cooling as members.
Set to be one of the region’s largest WtE facilities, the project will have an expected annual
processing capacity of 900,000 tonnes of waste, enabling an expected carbon emissions reduction
of 1.1 million tonnes per year, said the statement from Ewec.
ww.linkedin.com/in/khaled-al-awadi-80201019/
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 2
The greenfield Abu Dhabi WtE Independent Power Project (IPP) is expected to generate enough
electricity to power up to 52,500 households, it stated.
CEO Othman Al Ali said: "As a leader of change within the UAE’s energy sector, Ewec is
continuously exploring opportunities to drive forward the country’s sustainability agenda and
contribute to its transition into a circular economy."
"The reception of these proposals in the midst of the “Year of Sustainability” and in advance of the
UAE’s hosting of the much-anticipated global climate change summit, COP28, is a testament to our
efforts to support the realisation of the UAE Net Zero by 2050 strategic initiative. We are pleased to
have received competitive bids for such a significant project. With this WtE project, we look forward
to having a long-lasting, positive impact on communities across the UAE," noted Ali.
Tadweer CEO Engineer Ali Al Dhaheri said: "We are proud to be developing the WtE power plant
in collaboration with Ewec, a mega project that contributes to building a sustainable future in the
UAE and beyond."
"Receiving these proposals from leading entities demonstrates the keen global interest in such key
projects that are utilizing cutting-edge technologies and processes," stated Al Dhaheri.
"We will continue launching major projects that focus on converting waste into value. This supports
our mission of building an integrated waste management sector in Abu Dhabi, and working toward
achieving the wider country ambitions on driving initiatives that unify efforts for a circular economy,"
he added.
During the Expression of Interest (EOI) stage, Ewec had received a total of 109 EOIs from potential
bidders for the project. The Request for Proposal was issued to bidders that passed a qualification
process in July 2022.
Following their submission, the proposals will undergo a detailed technical and commercial
evaluation. The awarding announcement and the execution of the Concession Agreement are
expected to take place in Q3. The WtE project has a target commercial operation date of Q4 2026.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 3
U.S natural gas production reached a record high in 2023
Data source: Enverus, state administrative data
Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern
Louisiana reached new highs in March 2023, averaging 14.5 billion cubic feet per day (Bcf/d), 10%
more than the 2022 annual average of 13.1 Bcf/d, according to data from Enverus. Haynesville
natural gas production currently accounts for about 14% of all U.S. dry natural gas production.
The Haynesville is the third-largest shale gas-producing play in the United States, behind the
Marcellus play in the Appalachian Basin and the Permian play in Texas and New Mexico. In 2022,
dry natural gas production averaged 25.2 Bcf/d from the Marcellus play (83% of Appalachian Basin
production) and 15.4 Bcf/d from the Permian play. The Marcellus, the Permian, and the Haynesville
plays combined account for 55% of U.S. dry natural gas production.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 4
Natural gas production in the Haynesville increased in 2022, from an average 12.4 Bcf/d in January
to 13.9 Bcf/d in December. Natural gas prices rose relatively steadily through the summer of 2022
as well.
The U.S. benchmark Henry Hub, after reaching a monthly high for the year in August at $8.81 per
million British thermal units (MMBtu), declined to average $5.53/MMBtu in December—still 26%
higher than at the start of the year.
Drilling costs in the Haynesville tend to be higher because natural gas wells in the play are deeper
than in other plays. As natural gas prices rose in 2022, economics for developing new wells in the
Haynesville improved, which led some producers to add more rigs in the play and increase
production.
Data source: Thompson Reuters pricing data and Baker Hughes Company weekly rig count data
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 5
The rise in active natural gas-directed rigs in the Haynesville in 2022, as reported by Baker Hughes,
followed rising natural gas prices. In the Haynesville, an average of 65 rigs were in operation in
2022, a 43% increase compared with 2021. In the first three months of 2023, as natural gas prices
fell, the number of active rigs in the Haynesville plateaued at about 68 rigs.
Pipeline takeaway capacity out of the Haynesville is currently estimated to be around 16 Bcf/d,
according to S&P Global Commodity Insights. The Enterprise Products Partners’ Gillis Lateral
pipeline and the associated expansion of the Acadian Haynesville Extension, which both move
natural gas from the Haynesville to demand centers and liquefied natural gas terminals along the
U.S. Gulf Coast, were the most recent pipeline projects to enter service (December 2021) in the
region.
In addition, three new pipeline projects, if completed on time, will add 5.0 Bcf/d of takeaway capacity
out of the Haynesville by the end of 2024:
 Williams’ Louisiana Energy Gateway (1.8 Bcf/d)
 Momentum Midstream’s New Generation Gas Gathering (NG3) (1.7 Bcf/d)
 TC Energy’s Gillis Access project (1.5 Bcf/d)
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 6
Germany Woos Africa as Europe Wrestles With China for Influence
Bloomberg + NewBase
German Chancellor Olaf Scholz heads to Kenya and Ethiopia on Thursday as part of a European
effort to make inroads with countries of the so-called Global South and push back against the
influence of authoritarian nations such as Russia and China.
The government in Berlin is convinced that Europe can make a better partner with Africa than can
China, and Scholz will seek to advance talks on trade and cooperation agreements with the
countries during his three-day trip.
Under Chinese President Xi Jinping’s Belt
and Road Initiative, China has extended
about $900 billion over the past decade in
infrastructure and other projects around the
world, including in Africa. With poorer
borrowers struggling to manage their debt
loads, however, Beijing has faced criticism
over its role as the world’s largest
government creditor to developing nations.
Germany and other European countries
view Beijing increasingly as a strategic
competitor and they are struggling to
reduce their economic dependencies on
China, a lesson learned from their over-
reliance on Russian energy. They also want to ensure that they have reliable supply chains in
friendly third countries.
Kenya and Ethiopia have been among the recipients of China’s largest loans to the continent,
according to data collected by John Hopkin’s China Africa Research Initiative. That includes funding
for Kenya’s largest infrastructure project since becoming independent — a railway line between
Nairobi and Mombasa that has since run into refinancing troubles.
China’s role as the primary lender for many developing nations has increasingly become part of the
wider strategic competition with the US for influence across the globe. The European Union and the
US have both touted their own alternatives to the BRI, but both schemes rely on private lenders
making their prospects uncertain.
During his talks in Ethiopia and Kenya, Scholz wants to discuss the challenge of debt reduction and
China’s role in those efforts, officials involved in the preparation of the trip said.
Accompanied by a large business delegation, Scholz will also use the trip to deepen trade ties and
discuss cooperation on green hydrogen.
In the push to secure and diversify energy supplies, Germany bets on green hydrogen as the fuel
of the future and sees sun-rich countries like Kenya and also Namibia as ideal partners to produce
and sell green hydrogen to European customers with the help of technology and know-how from
German companies.
“For German companies, it’s important to advance economic relations with Africa,” Volker Treier,
head of foreign trade at the German Chamber of Industry and Commerce, told Bloomberg. “Also in
view of the current geopolitical challenges, we should take advantage of all opportunities and this
must include Africa.”
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 7
Scholz sees Kenya as another promising partner as the country already gets over 90% of its
electricity from renewable energies and aims to reach 100% by 2030.
Kenya’s Foreign Affairs Secretary Alfred Mutua told Bloomberg that the country is interested in
attracting more German investors, adding it was a promising sign that Scholz was coming to Kenya
with so many business executives.
Kenya is especially keen to attract foreign direct investments in manufacturing and food production,
but also eyes closer cooperation on renewable energies and climate-friendly technologies. “Kenya
is a leading user of green energy and we are interested in sharing our green energy resources with
Germany and Europe,” Mutua added.
During the meetings in Nairobi, Germany wants to facilitate the already advanced talks between the
EU and Kenya to seal an Interim Economic Partnership Agreement — a special trade deal which
would bring tariff-free and quota-free market access to the bloc’s gigantic single market for most
goods from Kenya while not automatically abolishing trade barriers for European companies vice
versa.
Germany hopes that such an agreement can be used as a springboard to seal a wider free trade
deal between the EU and the African Continental Free Trade Area, officials involved in the
preparations of Scholz’s trip said.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 8
Thailand to Accelerate Shift to Renewables due to Energy Crisis
Bloomberg + NewBAse
The fallout from the global energy crisis is pushing Thailand to accelerate its shift to renewables
after dragging its feet for years, the latest nation to embrace wind and solar in order to reduce
dependence on imported fuel.
The Southeast Asian country was forced to rethink its renewable energy strategy following last
year’s surge in natural gas prices sparked by Russia’s invasion of Ukraine, said Wattanapong
Kurovat, director-general of the Energy Policy and Planning Office. The situation was exacerbated
by Thailand’s drop in production.
“When we called on renewables plants to sell us more energy last year, we found that what we had
was really all there was,” Wattanapong said in an interview in Bangkok. “We couldn’t call for more
when we needed it.”
While some nations are responding to the surge in global fuel prices by investing more in coal mines
or gas fields, others — like Thailand — are looking at solar panels and wind turbines to make
themselves more energy independent.
As part of an energy security push, the government last month announced winners for a roughly 5-
gigawatt renewables power purchase plan — the nation’s biggest so-called feed-in tariff program
— that is set to essentially double its wind and solar capacity by 2030. On top of that, authorities
are now also planning another round for 3.67 gigawatts later this year, said Wattanapong.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 9
This is a reversal for Thailand, which had stalled new wind and solar in preference for natural gas
for years as a transition fuel to eventually adopt cleaner sources. It can also be difficult in parts of
the emerging world for renewable projects to gain a foothold amid grid restraints, red-tape and a
lack of funding.
Thailand depends on liquefied natural gas imports for its power generation, resulting in sky-high
costs after spot prices surged last year. The nation’s state power utility was saddled with roughly
150 billion baht ($4.4 billion) in costs to curb utility bill hikes last year.
Rising power costs have become an issue as Thailand’s election campaigns heat up ahead of a
May 14 vote, prompting several political parties to propose cutting energy bills. As households and
businesses suffer, the groundwork for domestic renewable sources has become more urgent,
Wattanapong said.
The government’s next power development plan, which is expected to be unveiled and proposed
later this year to a new cabinet after this month’s general election, is going to have more ambitious
renewable energy goals, said Wattanapong. The revisions are also aimed at helping Thailand reach
its climate goals to cut emissions 30%-40% by 2030, on a path to reach net zero by 2065.
Renewables will account for more than 50% of the power generation mix by 2037, up from about
20% in the current plan, said Wattanapong.
The urgency is also punctuated by declining domestic gas production. Output at Erawan, Thailand’s
biggest natural gas field, plummeted by 64% last year after US energy major Chevron Corp. handed
over the field to state-owned oil and gas firm PTT Exploration & Production Pcl. While it aims to lift
domestic output through 2024, the government wants to cede dependence on the fuel.
“Our domestic natural gas is only going to keep depleting,” said Wattanapong. “Eventually, gas will
play an ever smaller role in the power mix.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 10
Turkey discovers 1 bln barrels of oil in southeast field
By Reuters + NewBase
Turkey has discovered 1 billion barrels of oil in a field in the southeast province of Sirnak, Turkish
Petroleum (TPAO) said late on Wednesday, in the largest onshore oil find in the country.
TPAO has drilled 2,771 metres deep so far and found a more than 162 metre light oil-bearing
reservoir, it said, with further prospects to be explored in the area.
The well, called Sehit Aybuke Yalcin-1 and located 20 kilometres (12 miles) northwest of Cizre town,
currently produces some 10,000 barrels of oil per day, TPAO said.
The state oil company said it would drill back-to-back appraisal wells and construct the full field
development plan by the end of the year. The production target is set for 100,000 barrels per day,
more than doubling Turkey’s oil production.
Turkey, which has little oil and gas, imports nearly all of its energy needs. The country consumed
246 million barrels of imported crude oil in 2022, in addition to 29 million barrels of locally produced
crude oil, according to official data.
Turkey is dependent on imports from Russia, Azerbaijan and Iran, as well as liquefied natural gas
imports. Ankara is also developing a 710 billion cubic-metre natural gas field in the Black Sea for
production.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 11
NewBase May 05 -2023 Khaled Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Oil rises but on track for third week of losses due to demand worries
Reuters + NEwBAse
Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after
markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese
demand.
Brent crude rose 60 cents, or 0.8%, to $73.10 a barrel at 0545 GMT, while U.S. West Texas
Intermediate was up 52 cents, or 0.8%, at $69.08 a barrel after four straight days of losses.
For the week, Brent was set to close down 8.1%, while WTI was set to close 10.0% lower.
"It has been a double whammy for oil prices," said Jun Rong Yeap, a market strategist at IG in
Singapore.
"Renewed U.S. banking fallout (has prompted) fears of a wider contagion and amplifying recession
talks, while a surprise contraction in China’s manufacturing activities pushed back against reopening
optimism on oil demand outlook," he noted.
Oil price special
coverage
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 12
Worries of a U.S. regional banking crisis persisted after PacWest Bancorp (PACW.O) said it
planned to explore strategic options. In China, factory activity unexpectedly contracted in April as
orders fell and poor domestic demand dragged on the sprawling manufacturing sector.
Service activity in China grew through April, though the rate of this expansion has slowed, data
showed on Friday.
However, expectations of potential supply cuts at the next OPEC+ meeting in June have provided
some support to prices, said Kelvin Wong, a senior market analyst at OANDA in Singapore.
"Yesterday's steep intraday decline in WTI crude futures has managed to stall at a key major support
of US$61.85... market participants seem to have implied that it's a potential 'floor' that OPEC+ has
created", said Wong.
Traders are focused on the release of U.S. employment data for April later in the day, hoping it could
help gauge the health of the economy, as well as comments on monetary policy from St. Louis Fed
President James Bullard and Minneapolis Fed President Neel Kashkari at the Economic Club of
Minnesota.
Investors now broadly expect the Fed to pause rate hikes at its June meeting, after the U.S. central
bank dropped language that it "anticipates" further rate increases from its policy statement.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 13
NewBase Specual Coverage
The Energy world –May -05 -2023
CLEAN ENERGY
To Gas or Not to Gas: What is gas power’s place in the
renewables driven changing energy landscape?
by Baset Asaba May 4, 2023
The pressure to reduce greenhouse gas emissions has resulted in a rapid shift towards renewable
energy. But where does this leave gas power generation TWMAILLN
The debate on renewable energy versus gas power generation is one that’s not going away anytime
soon, and for good reasons.As the world becomes increasingly aware of the impact of climate
change, the energy sector has been forced to rethink its strategies. The pressure to reduce
greenhouse gas emissions has resulted in a shift towards renewable energy. But where does that
leave gas power generation? Let’s take a closer look.
First, let’s talk about the elephant in the room: the perception that gas power generation is dirty.
According to the International Energy Agency (IAE), compared to coal, gas power generation is
much cleaner. “That’s because it emits about half the carbon dioxide (CO2) and far fewer pollutants
like sulfur dioxide (SO2), nitrogen oxides (NOx), and particulate matter (PM),” says the agency.
It’s the classic “lesser of two evils” argument, but how tenable is itin the broader energy transition
context?
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 14
“Despite being cleaner than coal, gas power generation is still a fossil fuel. It still contributes to
climate change,” says Daniel Zywietz, founder and CEO of Dubai based renewable energy
company, Enerwhere. “And in a world where we need to drastically reduce our emissions, we can’t
keep relying on fossil fuels. We need to embrace renewable energy.”
Renewable energy has come a long way in recent years. Wind and solar power are now cost-
competitive with traditional forms of energy. “Advances in technology have made renewable energy
more efficient and reliable. It’s the cleanest form of energy we have,” says Prof. Tadhg O’Donovan,
Professor and Deputy Vice Principal (Academic Leadership) Heriot-Watt University, Dubai.
So, which is better for the environment and the economy? It is a complicated question, and the
answer depends on a variety of factors. Some argue that gas power is a necessary stepping stone
towards a fully renewable energy future.
Gas power plants can be used to provide backup power during times of high demand or when
renewable sources are unavailable. Plus, the advancements in gas turbine technology have made
gas power plants more efficient and cleaner than ever before.
However, others argue that renewable energy is the only viable long-term solution to our energy
needs. Renewable energy is becoming cheaper and more efficient every year, and the
environmental benefits of transitioning away from fossil fuels are clear.
Plus, renewable energy can provide significant economic benefits, creating jobs and driving
innovation in the energy sector.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 15
“Technological advancements, including record-setting gas turbines efficiencies, upgrade solutions,
hybrid systems and hydrogen-fuelled power generation offer a pathway to decarbonisation, while
providing reliable, on-demand electricity,” says Joe Anis, President & CEO, Europe, Middle East &
Africa, GE Gas Power.
“To address anticipated demand growth in the Middle East, gas, as a traditional source of electric
power, will continue to play a vital role in dispatching flexible, resilient and lower emissions power.”
But, for the first time ever, 90% of all new power generation capacity globally is from renewable
energy sources, an almost certain indication of how fast the energy landscape is evolving.
A record 295 gigawatts (GW) of renewable energy capacity was added across the world in 2022,
up nearly 10% from the year before, according to figures by the Abu Dhabi-based International
Renewable Energy Agency (IRENA).
“This continued record growth shows the resilience of renewable energy amid the lingering energy
crisis,” says Francesco La Camera, IRENA’s director general.
“The strong business case of renewables, coupled with enabling policies, has sustained an upwards
trend of their share in the global energy mix year on year.”
In Abu Dhabi, Emirates Water and Electricity Company (EWEC) has already met 80% of total power
demand using renewable and clean energy from its solar and nuclear energy plants, supplying
approximately 6.2 gigawatts (GW) of the total 7.7GW system power demand.
Worldwide investment in the green energy transition amounted to $1.1 trillion in 2022, setting a new
record according to a report by BloombergNEF. It says this represents a rapid acceleration from
the year before as the energy crisis prompted faster deployment of low-carbon technologies.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 16
Saudi Arabia plans to invest up to $265 billion (SAR 1 trillion) to generate “cleaner energy”,
according to the kingdom’s energy minister. Prince Abdulaziz bin Salman says the investments also
aim to “add transport lines and distribution networks in order to eventually export the energy to the
world and produce clean hydrogen”.
The UAE is already on course to add new solar capacity in the coming years. The 2GW Al Dhafra
solar park in Abu Dhabi will soon be connected to the national grid, while the Mohammed Bin Rashid
Al Maktoum Solar Park in Dubai has already reached 1.8GW capacity, with 950MW expected to be
added soon, once Phase 4 is completed later this year.
While investments in solar and wind energy have gone up sharply, the same cannot be said for
conventional thermal power generation sources such as gas, coal and oil.
Solar investment jumped 36% year-on-year to $308 billion and is estimated to have installed 260GW
of new capacity in 2022, according to BloombergNEF. Investment in the second-largest sector,
wind, stayed roughly stable at $175 billion.
China made up 55% of the world’s renewable
energy investment, putting $164 billion into
new solar farms and $109 billion into new wind
farms. The US was the next largest single
market, at nearly $50 billion. The European
Union countries invested just $39 billion, down
10% from 2021 despite a strong rise in solar.
While there is an apparent increase in its
dependence on renewable energy sources,
the utilities sector still heavily relies on natural
gas. This is projected to be an integral part of
the power grid for several years or even
decades to come, as evidenced by the
ongoing energy crisis in Europe.
The utilities industry argues that they must
continue using natural gas due to the
unreliability of wind and solar power.
Moreover, they are hesitant to invest in energy
storage, as they believe purchasing batteries
capable of powering the grid during periods of
insufficient sunlight or wind would be too
expensive.
“Gas-based power generation technologies
provide a flexible option to swiftly ramp power
output in response to fluctuations in energy
supply caused by variable renewable sources,
thus supporting grid stability,” says Noora
Abdul Latif Kheily, Engineering Outage
Planning Director for EMEA, GE Power.
According to Rajeev Singh, a Partner at EY, it will take decades to replace all of existing power
plants with renewable energy sources, and even then, gas power will still play a role.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 17
“The point is that while renewable energy is the future, it’s not quite the present. It’s not even the
near future. Gas power is not the villain here, nor is it the hero. It’s a transitional fuel that will help
us get from where we are now to where we want to be,” says Singh.
Some studies show that as a cleaner alternative to coal-fired power plants, the environmental impact
of gas power can be further reduced through the use of carbon capture and storage (CCS)
technology.
However, others argue that CCS is expensive and unproven, and that renewable energy is a better
long-term solution to future energy needs.
While it is true that gas power can complement solar and wind energy to provide stability to the grid,
Enewhere’s Zywietz argues that this is not the only solution available.
“Advances in energy storage technology, such as batteries and pumped hydro storage, can also
provide grid stability and enable renewable energy to effectively provide baseload power,” Zywietz
explains.
“Moreover, the argument that gas power is needed to provide baseload when the sun is not shining
is increasingly becoming outdated. With the continued decline in the cost of renewable energy
technologies, it is becoming more cost-effective to combine wind, solar, and storage technologies
to provide a stable, reliable, and low-cost power supply around the clock.”
Other proponents of renewable energy have argued that the use of gas power as a backup to
renewable energy sources may actually hinder the development of renewable energy technologies.
They claim that by relying on gas power as a backup, there may be less investment and incentive
to develop and improve energy storage solutions, which could ultimately slow down the transition
to a more sustainable and renewable energy system.
This brings us to the question of what role
gas power will play in the future. Original
equipment manufacturers (OEMs) for gas
turbines such as GE, Siemens and
Mitsubishi Power are constantly striving to
increase the efficiency of their turbines.
GE’s HA gas turbine, for example, has an
efficiency of 64%, while Siemens’ H-class
turbine has an efficiency of up to 63%.
Mitsubishi Power’s J-Series gas turbine,
on the other hand, has a net efficiency of
up to 64.1%.
To increase efficiency, OEMs are incorporating advanced technologies such as additive
manufacturing, 3D printing, and digital twin simulations into their design and manufacturing
processes.
They are also exploring innovative solutions such as using ceramic matrix composites (CMCs) for
turbine blades and vanes to improve performance and reduce weight.
“These efforts are not only improving the efficiency of gas turbines and engines but also reducing
emissions, enhancing flexibility, and increasing reliability, making them an important part of the
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 18
transition to a more sustainable energy future,” says Alexander Eykerman, Energy Business
Director Middle East & Managing Director, Wärtsilä Gulf.
Wärtsilä is one of a few established OEMS that have considered hydrogen combustion for gas
turbines and engines as a promising alternative to fossil fuels due to its lower carbon footprint.
“One of the benefits of using hydrogen as a fuel is that it can be blended with natural gas to create
a cleaner burning fuel. This can help improve the efficiency of gas turbines and engines, reducing
their emissions and increasing their lifespan,” Eykerman points out.
Wärtsilä and WEC Energy Group recently successfully tested the capabilities of a Wärtsilä engine
running on 25% hydrogen-blended fuel in what the group describes as a ‘key enabler’ for renewable
energy ambitions.
GE is already enabling the transition of a 485MW combined-cycle power plant in Ohio, USA, to run
on carbon-free hydrogen.
“If a power plant chose to blend 50% by volume of hydrogen into their hydrocarbon fuel, the carbon
reduction can reach up to 23% at the exhaust. Implementing complimentary CCUS, the carbon
reduction can be further reduced up to 90% or more,” says GE Power’s Kheily.
There are also advancements in gas-battery hybrid systems to help balance variable energy supply
and demand, including when the sun sets and solar power production falls while electricity usage
surges as people turn on lights and appliances.
Evidently, the push for renewable energy is stronger than ever, and there are valid reasons for that.
However, as Anis argues, gas power is not going anywhere anytime soon. “In fact, as renewable
energy installed capacity increases, gas power will play an even more important role,” says Anis.
Of course, there are those who believe that renewable energy will eventually fully replace gas
power. And they may be right. “But it’s not going to happen overnight,” says Singh. “We need to be
realistic about the pace of change and recognise that we can’t simply flip a switch.”
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 19
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 20
NewBase Energy News 02-May 2023 - Issue No. 1616 call on +971504822502, UAE
The Editor:” Khaled Al Awadi” Your partner in Energy Services
NewBase energy news is produced Twice a week and sponsored by Hawk Energy Service – Dubai, UAE.
For additional free subscriptions, please email us.
About: Khaled Malallah Al Awadi,
Energy Consultant
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME member since 1995
Hawk Energy member 2010
www.linkedin.com/in/khaled-al-awadi-38b995b
Mobile: +971504822502
khdmohd@hawkenergy.net or khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas
sector. Has Mechanical Engineering BSc. & MSc. Degrees from leading U.S.
Universities. Currently working as self leading external Energy consultant for the
GCC area via many leading Energy Services companies. Khaled is the Founder of
the NewBase Energy news articles issues, Khaled is an international consultant,
advisor, ecopreneur and journalist with expertise in Gas & Oil pipeline Networks,
waste management, waste-to-energy, renewable energy, environment protection
and sustainable development. His geographical areas of focus include Middle East,
Africa and Asia. Khaled has successfully accomplished a wide range of projects in
the areas of Gas & Oil with extensive works on Gas Pipeline Network Facilities & gas
compressor stations. Executed projects in the designing & constructing of gas pipelines, gas metering &
regulating stations and in the engineering of gas/oil supply routes.
Has drafted & finalized many contracts/agreements in products sale, transportation, operation &
maintenance agreements. Along with many MOUs & JVs for organizations & governments authorities.
Currently dealing for biomass energy, biogas, waste-to-energy, recycling and waste management. He has
participated in numerous conferences and workshops as chairman, session chair, keynote speaker and
panelist.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 21
Khaled is the Editor-in-Chief of NewBase Energy News and is a professional environmental writer with over
1400 popular articles to his credit. He is proactively engaged in creating mass awareness on renewable
energy, waste management, plant Automation IA and environmental sustainability in different parts of the
world. Khaled has become a reference for many of the Oil & Gas Conferences and for many Energy program
broadcasted internationally, via GCC leading satellite Channels. Khaled can be reached at any time, see
contact details above.
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 22
Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 23

More Related Content

Similar to NewBase 05 May-2023 Energy News issue - 1617 by Khaled Al Awadi.pdf

New base energy news issue 939 dated 23 october 2016
New base  energy news issue  939 dated 23 october 2016New base  energy news issue  939 dated 23 october 2016
New base energy news issue 939 dated 23 october 2016
Khaled Al Awadi
 

Similar to NewBase 05 May-2023 Energy News issue - 1617 by Khaled Al Awadi.pdf (20)

New base special 19 january 2014 khaled al alwadi li
New base special  19 january 2014 khaled al alwadi liNew base special  19 january 2014 khaled al alwadi li
New base special 19 january 2014 khaled al alwadi li
 
New base 04 june 2021 energy news issue 1435 by khaled al awadi
New base 04 june 2021 energy news issue   1435  by khaled al awadiNew base 04 june 2021 energy news issue   1435  by khaled al awadi
New base 04 june 2021 energy news issue 1435 by khaled al awadi
 
New base 12 january 2020 energy news issue 1398 by khaled al awadi-compr...
New base 12  january  2020 energy news issue   1398  by khaled al awadi-compr...New base 12  january  2020 energy news issue   1398  by khaled al awadi-compr...
New base 12 january 2020 energy news issue 1398 by khaled al awadi-compr...
 
NewBase September 10-2022 Energy News issue - 1546 by Khaled Al Awadi (Auto...
NewBase September 10-2022  Energy News issue - 1546  by Khaled Al Awadi (Auto...NewBase September 10-2022  Energy News issue - 1546  by Khaled Al Awadi (Auto...
NewBase September 10-2022 Energy News issue - 1546 by Khaled Al Awadi (Auto...
 
New base energy news 23 august 2020 - issue no. 1366, senior editor eng. k...
New base energy news 23 august   2020 - issue no. 1366,  senior editor eng. k...New base energy news 23 august   2020 - issue no. 1366,  senior editor eng. k...
New base energy news 23 august 2020 - issue no. 1366, senior editor eng. k...
 
New base special 16 february 2014
New base special  16 february 2014New base special  16 february 2014
New base special 16 february 2014
 
NewBase 14-September -2022 Energy News issue - 1548 by Khaled Al Awadi (Aut...
NewBase 14-September -2022  Energy News issue - 1548  by Khaled Al Awadi (Aut...NewBase 14-September -2022  Energy News issue - 1548  by Khaled Al Awadi (Aut...
NewBase 14-September -2022 Energy News issue - 1548 by Khaled Al Awadi (Aut...
 
NewBase 29 January 2024 Energy News issue - 1694 by Khaled Al Awadi_compres...
NewBase  29 January 2024  Energy News issue - 1694 by Khaled Al Awadi_compres...NewBase  29 January 2024  Energy News issue - 1694 by Khaled Al Awadi_compres...
NewBase 29 January 2024 Energy News issue - 1694 by Khaled Al Awadi_compres...
 
NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi.pdf
NewBase  01 April  2024  Energy News issue - 1712 by Khaled Al Awadi.pdfNewBase  01 April  2024  Energy News issue - 1712 by Khaled Al Awadi.pdf
NewBase 01 April 2024 Energy News issue - 1712 by Khaled Al Awadi.pdf
 
NewBase 22 March 2024 Energy News issue - 1709 by Khaled Al Awadi_compress...
NewBase  22 March  2024  Energy News issue - 1709 by Khaled Al Awadi_compress...NewBase  22 March  2024  Energy News issue - 1709 by Khaled Al Awadi_compress...
NewBase 22 March 2024 Energy News issue - 1709 by Khaled Al Awadi_compress...
 
NewBase 30-November -2022 Energy News issue - 1570 by Khaled Al Awadi_compre...
NewBase 30-November -2022  Energy News issue - 1570 by Khaled Al Awadi_compre...NewBase 30-November -2022  Energy News issue - 1570 by Khaled Al Awadi_compre...
NewBase 30-November -2022 Energy News issue - 1570 by Khaled Al Awadi_compre...
 
NewBase 22-December-2022 Energy News issue - 1576 by Khaled Al Awadi.pdf
NewBase 22-December-2022  Energy News issue - 1576 by Khaled Al Awadi.pdfNewBase 22-December-2022  Energy News issue - 1576 by Khaled Al Awadi.pdf
NewBase 22-December-2022 Energy News issue - 1576 by Khaled Al Awadi.pdf
 
NewBase July 08-2022 Energy News issue - 1526 by Khaled Al Awadi.pdf
NewBase July 08-2022  Energy News issue - 1526  by Khaled Al Awadi.pdfNewBase July 08-2022  Energy News issue - 1526  by Khaled Al Awadi.pdf
NewBase July 08-2022 Energy News issue - 1526 by Khaled Al Awadi.pdf
 
NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi.pdf
NewBase  15 April  2024  Energy News issue - 1716 by Khaled Al Awadi.pdfNewBase  15 April  2024  Energy News issue - 1716 by Khaled Al Awadi.pdf
NewBase 15 April 2024 Energy News issue - 1716 by Khaled Al Awadi.pdf
 
New base energy news 04 febuary 2019 issue no 1229 by khaled al awadi
New base energy news 04 febuary 2019 issue no 1229  by khaled al awadiNew base energy news 04 febuary 2019 issue no 1229  by khaled al awadi
New base energy news 04 febuary 2019 issue no 1229 by khaled al awadi
 
NewBase 17 June-2023 Energy News issue - 1630 by Khaled Al Awadi 2.pdf
NewBase 17 June-2023  Energy News issue - 1630 by Khaled Al Awadi 2.pdfNewBase 17 June-2023  Energy News issue - 1630 by Khaled Al Awadi 2.pdf
NewBase 17 June-2023 Energy News issue - 1630 by Khaled Al Awadi 2.pdf
 
New base march 07 2022 energy news issue - 1492 by khaled al awadi
New base march 07 2022  energy news issue - 1492  by khaled al awadiNew base march 07 2022  energy news issue - 1492  by khaled al awadi
New base march 07 2022 energy news issue - 1492 by khaled al awadi
 
New base energy news 25 september 2020 issue no. 1376 by senior editor kh...
New base energy news  25 september 2020   issue no. 1376  by senior editor kh...New base energy news  25 september 2020   issue no. 1376  by senior editor kh...
New base energy news 25 september 2020 issue no. 1376 by senior editor kh...
 
New base 518 special 14 january 2014
New base 518 special  14 january 2014New base 518 special  14 january 2014
New base 518 special 14 january 2014
 
New base energy news issue 939 dated 23 october 2016
New base  energy news issue  939 dated 23 october 2016New base  energy news issue  939 dated 23 october 2016
New base energy news issue 939 dated 23 october 2016
 

More from Khaled Al Awadi

NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...
NewBase  29 April  2024  Energy News issue - 1720 by Khaled Al Awadi_compress...NewBase  29 April  2024  Energy News issue - 1720 by Khaled Al Awadi_compress...
NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...
Khaled Al Awadi
 
NewBase 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...
NewBase  25 April  2024  Energy News issue - 1719 by Khaled Al Awadi_compress...NewBase  25 April  2024  Energy News issue - 1719 by Khaled Al Awadi_compress...
NewBase 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...
Khaled Al Awadi
 
NewBase 07 March 2024 Energy News issue - 1705 by Khaled Al Awadi_compress...
NewBase  07 March  2024  Energy News issue - 1705 by Khaled Al Awadi_compress...NewBase  07 March  2024  Energy News issue - 1705 by Khaled Al Awadi_compress...
NewBase 07 March 2024 Energy News issue - 1705 by Khaled Al Awadi_compress...
Khaled Al Awadi
 
NewBase 22 January 2024 Energy News issue - 1701 by Khaled Al Awadi 2_compr...
NewBase  22 January 2024  Energy News issue - 1701 by Khaled Al Awadi 2_compr...NewBase  22 January 2024  Energy News issue - 1701 by Khaled Al Awadi 2_compr...
NewBase 22 January 2024 Energy News issue - 1701 by Khaled Al Awadi 2_compr...
Khaled Al Awadi
 
NewBase 19 January 2024 Energy News issue - 1700 by Khaled Al Awadi_compres...
NewBase  19 January 2024  Energy News issue - 1700 by Khaled Al Awadi_compres...NewBase  19 January 2024  Energy News issue - 1700 by Khaled Al Awadi_compres...
NewBase 19 January 2024 Energy News issue - 1700 by Khaled Al Awadi_compres...
Khaled Al Awadi
 

More from Khaled Al Awadi (20)

NewBase 09 May 2024 Energy News issue - 1723 by Khaled Al Awadi.pdf
NewBase   09 May  2024  Energy News issue - 1723 by Khaled Al Awadi.pdfNewBase   09 May  2024  Energy News issue - 1723 by Khaled Al Awadi.pdf
NewBase 09 May 2024 Energy News issue - 1723 by Khaled Al Awadi.pdf
 
NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi_compresse...
NewBase   06 May  2024  Energy News issue - 1722 by Khaled Al Awadi_compresse...NewBase   06 May  2024  Energy News issue - 1722 by Khaled Al Awadi_compresse...
NewBase 06 May 2024 Energy News issue - 1722 by Khaled Al Awadi_compresse...
 
NewBase 02 May 2024 Energy News issue - 1721 by Khaled Al Awadi.pdf
NewBase   02 May  2024  Energy News issue - 1721 by Khaled Al Awadi.pdfNewBase   02 May  2024  Energy News issue - 1721 by Khaled Al Awadi.pdf
NewBase 02 May 2024 Energy News issue - 1721 by Khaled Al Awadi.pdf
 
NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...
NewBase  29 April  2024  Energy News issue - 1720 by Khaled Al Awadi_compress...NewBase  29 April  2024  Energy News issue - 1720 by Khaled Al Awadi_compress...
NewBase 29 April 2024 Energy News issue - 1720 by Khaled Al Awadi_compress...
 
NewBase 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...
NewBase  25 April  2024  Energy News issue - 1719 by Khaled Al Awadi_compress...NewBase  25 April  2024  Energy News issue - 1719 by Khaled Al Awadi_compress...
NewBase 25 April 2024 Energy News issue - 1719 by Khaled Al Awadi_compress...
 
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
12 April 2024 Energy News issue - 1715 by Khaled Al Awadi.pdf
12 April  2024  Energy News issue - 1715 by Khaled Al Awadi.pdf12 April  2024  Energy News issue - 1715 by Khaled Al Awadi.pdf
12 April 2024 Energy News issue - 1715 by Khaled Al Awadi.pdf
 
08 April 2024 Energy News issue - 1714 by Khaled Al Awadi_compressed.pdf
08 April  2024  Energy News issue - 1714 by Khaled Al Awadi_compressed.pdf08 April  2024  Energy News issue - 1714 by Khaled Al Awadi_compressed.pdf
08 April 2024 Energy News issue - 1714 by Khaled Al Awadi_compressed.pdf
 
NewBase 04 April 2024 Energy News issue - 1713 by Khaled Al Awadi_compress...
NewBase  04 April  2024  Energy News issue - 1713 by Khaled Al Awadi_compress...NewBase  04 April  2024  Energy News issue - 1713 by Khaled Al Awadi_compress...
NewBase 04 April 2024 Energy News issue - 1713 by Khaled Al Awadi_compress...
 
NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi.pdf
NewBase  28 March  2024  Energy News issue - 1711 by Khaled Al Awadi.pdfNewBase  28 March  2024  Energy News issue - 1711 by Khaled Al Awadi.pdf
NewBase 28 March 2024 Energy News issue - 1711 by Khaled Al Awadi.pdf
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
 
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase  14 March  2024  Energy News issue - 1707 by Khaled Al Awadi_compress...NewBase  14 March  2024  Energy News issue - 1707 by Khaled Al Awadi_compress...
NewBase 14 March 2024 Energy News issue - 1707 by Khaled Al Awadi_compress...
 
NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi_compress...
NewBase  11 March  2024  Energy News issue - 1706 by Khaled Al Awadi_compress...NewBase  11 March  2024  Energy News issue - 1706 by Khaled Al Awadi_compress...
NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi_compress...
 
NewBase 07 March 2024 Energy News issue - 1705 by Khaled Al Awadi_compress...
NewBase  07 March  2024  Energy News issue - 1705 by Khaled Al Awadi_compress...NewBase  07 March  2024  Energy News issue - 1705 by Khaled Al Awadi_compress...
NewBase 07 March 2024 Energy News issue - 1705 by Khaled Al Awadi_compress...
 
NewBase 04 March 2024 Energy News issue - 1704 by Khaled Al Awadi_compress...
NewBase  04 March  2024  Energy News issue - 1704 by Khaled Al Awadi_compress...NewBase  04 March  2024  Energy News issue - 1704 by Khaled Al Awadi_compress...
NewBase 04 March 2024 Energy News issue - 1704 by Khaled Al Awadi_compress...
 
NewBase 29 January 2024 Energy News issue - 1703 by Khaled Al Awadi_compres...
NewBase  29 January 2024  Energy News issue - 1703 by Khaled Al Awadi_compres...NewBase  29 January 2024  Energy News issue - 1703 by Khaled Al Awadi_compres...
NewBase 29 January 2024 Energy News issue - 1703 by Khaled Al Awadi_compres...
 
NewBase 26 January 2024 Energy News issue - 1702 by Khaled Al Awadi_compres...
NewBase  26 January 2024  Energy News issue - 1702 by Khaled Al Awadi_compres...NewBase  26 January 2024  Energy News issue - 1702 by Khaled Al Awadi_compres...
NewBase 26 January 2024 Energy News issue - 1702 by Khaled Al Awadi_compres...
 
NewBase 22 January 2024 Energy News issue - 1701 by Khaled Al Awadi 2_compr...
NewBase  22 January 2024  Energy News issue - 1701 by Khaled Al Awadi 2_compr...NewBase  22 January 2024  Energy News issue - 1701 by Khaled Al Awadi 2_compr...
NewBase 22 January 2024 Energy News issue - 1701 by Khaled Al Awadi 2_compr...
 
NewBase 19 January 2024 Energy News issue - 1700 by Khaled Al Awadi_compres...
NewBase  19 January 2024  Energy News issue - 1700 by Khaled Al Awadi_compres...NewBase  19 January 2024  Energy News issue - 1700 by Khaled Al Awadi_compres...
NewBase 19 January 2024 Energy News issue - 1700 by Khaled Al Awadi_compres...
 

Recently uploaded

Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
Matteo Carbone
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
lizamodels9
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 

Recently uploaded (20)

Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdf
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 

NewBase 05 May-2023 Energy News issue - 1617 by Khaled Al Awadi.pdf

  • 1. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 1 NewBase Energy News 05 May 2023 No. 1617 Senior Editor Eng. Khaed Al Awadi NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE U.A.E’s Tadweer, Marubeni, Suez consortiums eye region's largest WtE project Trade Arabia + NewBase Emirates Water and Electricity Company (Ewec) and Abu Dhabi Waste Management Company (Tadweer) have announced that two consortiums led by global utility giants have submitted proposals for the development of the region’s largest Waste-to-Energy (WtE) facilities in Abu Dhabi. A leader in the integrated coordination of planning, purchasing and supply of water and electricity across UAE, Ewec said these proposals are from a Japanese consortium comprising Marubeni Corporation, Hitachi Zosen Inova and Japan Overseas Infrastructure Investment Corp for Transport & Urban Development, and a consortium with Suez International and Pal Cooling as members. Set to be one of the region’s largest WtE facilities, the project will have an expected annual processing capacity of 900,000 tonnes of waste, enabling an expected carbon emissions reduction of 1.1 million tonnes per year, said the statement from Ewec. ww.linkedin.com/in/khaled-al-awadi-80201019/
  • 2. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 2 The greenfield Abu Dhabi WtE Independent Power Project (IPP) is expected to generate enough electricity to power up to 52,500 households, it stated. CEO Othman Al Ali said: "As a leader of change within the UAE’s energy sector, Ewec is continuously exploring opportunities to drive forward the country’s sustainability agenda and contribute to its transition into a circular economy." "The reception of these proposals in the midst of the “Year of Sustainability” and in advance of the UAE’s hosting of the much-anticipated global climate change summit, COP28, is a testament to our efforts to support the realisation of the UAE Net Zero by 2050 strategic initiative. We are pleased to have received competitive bids for such a significant project. With this WtE project, we look forward to having a long-lasting, positive impact on communities across the UAE," noted Ali. Tadweer CEO Engineer Ali Al Dhaheri said: "We are proud to be developing the WtE power plant in collaboration with Ewec, a mega project that contributes to building a sustainable future in the UAE and beyond." "Receiving these proposals from leading entities demonstrates the keen global interest in such key projects that are utilizing cutting-edge technologies and processes," stated Al Dhaheri. "We will continue launching major projects that focus on converting waste into value. This supports our mission of building an integrated waste management sector in Abu Dhabi, and working toward achieving the wider country ambitions on driving initiatives that unify efforts for a circular economy," he added. During the Expression of Interest (EOI) stage, Ewec had received a total of 109 EOIs from potential bidders for the project. The Request for Proposal was issued to bidders that passed a qualification process in July 2022. Following their submission, the proposals will undergo a detailed technical and commercial evaluation. The awarding announcement and the execution of the Concession Agreement are expected to take place in Q3. The WtE project has a target commercial operation date of Q4 2026.
  • 3. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 3 U.S natural gas production reached a record high in 2023 Data source: Enverus, state administrative data Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in March 2023, averaging 14.5 billion cubic feet per day (Bcf/d), 10% more than the 2022 annual average of 13.1 Bcf/d, according to data from Enverus. Haynesville natural gas production currently accounts for about 14% of all U.S. dry natural gas production. The Haynesville is the third-largest shale gas-producing play in the United States, behind the Marcellus play in the Appalachian Basin and the Permian play in Texas and New Mexico. In 2022, dry natural gas production averaged 25.2 Bcf/d from the Marcellus play (83% of Appalachian Basin production) and 15.4 Bcf/d from the Permian play. The Marcellus, the Permian, and the Haynesville plays combined account for 55% of U.S. dry natural gas production.
  • 4. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 4 Natural gas production in the Haynesville increased in 2022, from an average 12.4 Bcf/d in January to 13.9 Bcf/d in December. Natural gas prices rose relatively steadily through the summer of 2022 as well. The U.S. benchmark Henry Hub, after reaching a monthly high for the year in August at $8.81 per million British thermal units (MMBtu), declined to average $5.53/MMBtu in December—still 26% higher than at the start of the year. Drilling costs in the Haynesville tend to be higher because natural gas wells in the play are deeper than in other plays. As natural gas prices rose in 2022, economics for developing new wells in the Haynesville improved, which led some producers to add more rigs in the play and increase production. Data source: Thompson Reuters pricing data and Baker Hughes Company weekly rig count data
  • 5. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 5 The rise in active natural gas-directed rigs in the Haynesville in 2022, as reported by Baker Hughes, followed rising natural gas prices. In the Haynesville, an average of 65 rigs were in operation in 2022, a 43% increase compared with 2021. In the first three months of 2023, as natural gas prices fell, the number of active rigs in the Haynesville plateaued at about 68 rigs. Pipeline takeaway capacity out of the Haynesville is currently estimated to be around 16 Bcf/d, according to S&P Global Commodity Insights. The Enterprise Products Partners’ Gillis Lateral pipeline and the associated expansion of the Acadian Haynesville Extension, which both move natural gas from the Haynesville to demand centers and liquefied natural gas terminals along the U.S. Gulf Coast, were the most recent pipeline projects to enter service (December 2021) in the region. In addition, three new pipeline projects, if completed on time, will add 5.0 Bcf/d of takeaway capacity out of the Haynesville by the end of 2024:  Williams’ Louisiana Energy Gateway (1.8 Bcf/d)  Momentum Midstream’s New Generation Gas Gathering (NG3) (1.7 Bcf/d)  TC Energy’s Gillis Access project (1.5 Bcf/d)
  • 6. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 6 Germany Woos Africa as Europe Wrestles With China for Influence Bloomberg + NewBase German Chancellor Olaf Scholz heads to Kenya and Ethiopia on Thursday as part of a European effort to make inroads with countries of the so-called Global South and push back against the influence of authoritarian nations such as Russia and China. The government in Berlin is convinced that Europe can make a better partner with Africa than can China, and Scholz will seek to advance talks on trade and cooperation agreements with the countries during his three-day trip. Under Chinese President Xi Jinping’s Belt and Road Initiative, China has extended about $900 billion over the past decade in infrastructure and other projects around the world, including in Africa. With poorer borrowers struggling to manage their debt loads, however, Beijing has faced criticism over its role as the world’s largest government creditor to developing nations. Germany and other European countries view Beijing increasingly as a strategic competitor and they are struggling to reduce their economic dependencies on China, a lesson learned from their over- reliance on Russian energy. They also want to ensure that they have reliable supply chains in friendly third countries. Kenya and Ethiopia have been among the recipients of China’s largest loans to the continent, according to data collected by John Hopkin’s China Africa Research Initiative. That includes funding for Kenya’s largest infrastructure project since becoming independent — a railway line between Nairobi and Mombasa that has since run into refinancing troubles. China’s role as the primary lender for many developing nations has increasingly become part of the wider strategic competition with the US for influence across the globe. The European Union and the US have both touted their own alternatives to the BRI, but both schemes rely on private lenders making their prospects uncertain. During his talks in Ethiopia and Kenya, Scholz wants to discuss the challenge of debt reduction and China’s role in those efforts, officials involved in the preparation of the trip said. Accompanied by a large business delegation, Scholz will also use the trip to deepen trade ties and discuss cooperation on green hydrogen. In the push to secure and diversify energy supplies, Germany bets on green hydrogen as the fuel of the future and sees sun-rich countries like Kenya and also Namibia as ideal partners to produce and sell green hydrogen to European customers with the help of technology and know-how from German companies. “For German companies, it’s important to advance economic relations with Africa,” Volker Treier, head of foreign trade at the German Chamber of Industry and Commerce, told Bloomberg. “Also in view of the current geopolitical challenges, we should take advantage of all opportunities and this must include Africa.”
  • 7. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 7 Scholz sees Kenya as another promising partner as the country already gets over 90% of its electricity from renewable energies and aims to reach 100% by 2030. Kenya’s Foreign Affairs Secretary Alfred Mutua told Bloomberg that the country is interested in attracting more German investors, adding it was a promising sign that Scholz was coming to Kenya with so many business executives. Kenya is especially keen to attract foreign direct investments in manufacturing and food production, but also eyes closer cooperation on renewable energies and climate-friendly technologies. “Kenya is a leading user of green energy and we are interested in sharing our green energy resources with Germany and Europe,” Mutua added. During the meetings in Nairobi, Germany wants to facilitate the already advanced talks between the EU and Kenya to seal an Interim Economic Partnership Agreement — a special trade deal which would bring tariff-free and quota-free market access to the bloc’s gigantic single market for most goods from Kenya while not automatically abolishing trade barriers for European companies vice versa. Germany hopes that such an agreement can be used as a springboard to seal a wider free trade deal between the EU and the African Continental Free Trade Area, officials involved in the preparations of Scholz’s trip said.
  • 8. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 8 Thailand to Accelerate Shift to Renewables due to Energy Crisis Bloomberg + NewBAse The fallout from the global energy crisis is pushing Thailand to accelerate its shift to renewables after dragging its feet for years, the latest nation to embrace wind and solar in order to reduce dependence on imported fuel. The Southeast Asian country was forced to rethink its renewable energy strategy following last year’s surge in natural gas prices sparked by Russia’s invasion of Ukraine, said Wattanapong Kurovat, director-general of the Energy Policy and Planning Office. The situation was exacerbated by Thailand’s drop in production. “When we called on renewables plants to sell us more energy last year, we found that what we had was really all there was,” Wattanapong said in an interview in Bangkok. “We couldn’t call for more when we needed it.” While some nations are responding to the surge in global fuel prices by investing more in coal mines or gas fields, others — like Thailand — are looking at solar panels and wind turbines to make themselves more energy independent. As part of an energy security push, the government last month announced winners for a roughly 5- gigawatt renewables power purchase plan — the nation’s biggest so-called feed-in tariff program — that is set to essentially double its wind and solar capacity by 2030. On top of that, authorities are now also planning another round for 3.67 gigawatts later this year, said Wattanapong.
  • 9. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 9 This is a reversal for Thailand, which had stalled new wind and solar in preference for natural gas for years as a transition fuel to eventually adopt cleaner sources. It can also be difficult in parts of the emerging world for renewable projects to gain a foothold amid grid restraints, red-tape and a lack of funding. Thailand depends on liquefied natural gas imports for its power generation, resulting in sky-high costs after spot prices surged last year. The nation’s state power utility was saddled with roughly 150 billion baht ($4.4 billion) in costs to curb utility bill hikes last year. Rising power costs have become an issue as Thailand’s election campaigns heat up ahead of a May 14 vote, prompting several political parties to propose cutting energy bills. As households and businesses suffer, the groundwork for domestic renewable sources has become more urgent, Wattanapong said. The government’s next power development plan, which is expected to be unveiled and proposed later this year to a new cabinet after this month’s general election, is going to have more ambitious renewable energy goals, said Wattanapong. The revisions are also aimed at helping Thailand reach its climate goals to cut emissions 30%-40% by 2030, on a path to reach net zero by 2065. Renewables will account for more than 50% of the power generation mix by 2037, up from about 20% in the current plan, said Wattanapong. The urgency is also punctuated by declining domestic gas production. Output at Erawan, Thailand’s biggest natural gas field, plummeted by 64% last year after US energy major Chevron Corp. handed over the field to state-owned oil and gas firm PTT Exploration & Production Pcl. While it aims to lift domestic output through 2024, the government wants to cede dependence on the fuel. “Our domestic natural gas is only going to keep depleting,” said Wattanapong. “Eventually, gas will play an ever smaller role in the power mix.
  • 10. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 10 Turkey discovers 1 bln barrels of oil in southeast field By Reuters + NewBase Turkey has discovered 1 billion barrels of oil in a field in the southeast province of Sirnak, Turkish Petroleum (TPAO) said late on Wednesday, in the largest onshore oil find in the country. TPAO has drilled 2,771 metres deep so far and found a more than 162 metre light oil-bearing reservoir, it said, with further prospects to be explored in the area. The well, called Sehit Aybuke Yalcin-1 and located 20 kilometres (12 miles) northwest of Cizre town, currently produces some 10,000 barrels of oil per day, TPAO said. The state oil company said it would drill back-to-back appraisal wells and construct the full field development plan by the end of the year. The production target is set for 100,000 barrels per day, more than doubling Turkey’s oil production. Turkey, which has little oil and gas, imports nearly all of its energy needs. The country consumed 246 million barrels of imported crude oil in 2022, in addition to 29 million barrels of locally produced crude oil, according to official data. Turkey is dependent on imports from Russia, Azerbaijan and Iran, as well as liquefied natural gas imports. Ankara is also developing a 710 billion cubic-metre natural gas field in the Black Sea for production.
  • 11. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 11 NewBase May 05 -2023 Khaled Al Awadi NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE Oil rises but on track for third week of losses due to demand worries Reuters + NEwBAse Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. Brent crude rose 60 cents, or 0.8%, to $73.10 a barrel at 0545 GMT, while U.S. West Texas Intermediate was up 52 cents, or 0.8%, at $69.08 a barrel after four straight days of losses. For the week, Brent was set to close down 8.1%, while WTI was set to close 10.0% lower. "It has been a double whammy for oil prices," said Jun Rong Yeap, a market strategist at IG in Singapore. "Renewed U.S. banking fallout (has prompted) fears of a wider contagion and amplifying recession talks, while a surprise contraction in China’s manufacturing activities pushed back against reopening optimism on oil demand outlook," he noted. Oil price special coverage
  • 12. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 12 Worries of a U.S. regional banking crisis persisted after PacWest Bancorp (PACW.O) said it planned to explore strategic options. In China, factory activity unexpectedly contracted in April as orders fell and poor domestic demand dragged on the sprawling manufacturing sector. Service activity in China grew through April, though the rate of this expansion has slowed, data showed on Friday. However, expectations of potential supply cuts at the next OPEC+ meeting in June have provided some support to prices, said Kelvin Wong, a senior market analyst at OANDA in Singapore. "Yesterday's steep intraday decline in WTI crude futures has managed to stall at a key major support of US$61.85... market participants seem to have implied that it's a potential 'floor' that OPEC+ has created", said Wong. Traders are focused on the release of U.S. employment data for April later in the day, hoping it could help gauge the health of the economy, as well as comments on monetary policy from St. Louis Fed President James Bullard and Minneapolis Fed President Neel Kashkari at the Economic Club of Minnesota. Investors now broadly expect the Fed to pause rate hikes at its June meeting, after the U.S. central bank dropped language that it "anticipates" further rate increases from its policy statement.
  • 13. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 13 NewBase Specual Coverage The Energy world –May -05 -2023 CLEAN ENERGY To Gas or Not to Gas: What is gas power’s place in the renewables driven changing energy landscape? by Baset Asaba May 4, 2023 The pressure to reduce greenhouse gas emissions has resulted in a rapid shift towards renewable energy. But where does this leave gas power generation TWMAILLN The debate on renewable energy versus gas power generation is one that’s not going away anytime soon, and for good reasons.As the world becomes increasingly aware of the impact of climate change, the energy sector has been forced to rethink its strategies. The pressure to reduce greenhouse gas emissions has resulted in a shift towards renewable energy. But where does that leave gas power generation? Let’s take a closer look. First, let’s talk about the elephant in the room: the perception that gas power generation is dirty. According to the International Energy Agency (IAE), compared to coal, gas power generation is much cleaner. “That’s because it emits about half the carbon dioxide (CO2) and far fewer pollutants like sulfur dioxide (SO2), nitrogen oxides (NOx), and particulate matter (PM),” says the agency. It’s the classic “lesser of two evils” argument, but how tenable is itin the broader energy transition context?
  • 14. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 14 “Despite being cleaner than coal, gas power generation is still a fossil fuel. It still contributes to climate change,” says Daniel Zywietz, founder and CEO of Dubai based renewable energy company, Enerwhere. “And in a world where we need to drastically reduce our emissions, we can’t keep relying on fossil fuels. We need to embrace renewable energy.” Renewable energy has come a long way in recent years. Wind and solar power are now cost- competitive with traditional forms of energy. “Advances in technology have made renewable energy more efficient and reliable. It’s the cleanest form of energy we have,” says Prof. Tadhg O’Donovan, Professor and Deputy Vice Principal (Academic Leadership) Heriot-Watt University, Dubai. So, which is better for the environment and the economy? It is a complicated question, and the answer depends on a variety of factors. Some argue that gas power is a necessary stepping stone towards a fully renewable energy future. Gas power plants can be used to provide backup power during times of high demand or when renewable sources are unavailable. Plus, the advancements in gas turbine technology have made gas power plants more efficient and cleaner than ever before. However, others argue that renewable energy is the only viable long-term solution to our energy needs. Renewable energy is becoming cheaper and more efficient every year, and the environmental benefits of transitioning away from fossil fuels are clear. Plus, renewable energy can provide significant economic benefits, creating jobs and driving innovation in the energy sector.
  • 15. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 15 “Technological advancements, including record-setting gas turbines efficiencies, upgrade solutions, hybrid systems and hydrogen-fuelled power generation offer a pathway to decarbonisation, while providing reliable, on-demand electricity,” says Joe Anis, President & CEO, Europe, Middle East & Africa, GE Gas Power. “To address anticipated demand growth in the Middle East, gas, as a traditional source of electric power, will continue to play a vital role in dispatching flexible, resilient and lower emissions power.” But, for the first time ever, 90% of all new power generation capacity globally is from renewable energy sources, an almost certain indication of how fast the energy landscape is evolving. A record 295 gigawatts (GW) of renewable energy capacity was added across the world in 2022, up nearly 10% from the year before, according to figures by the Abu Dhabi-based International Renewable Energy Agency (IRENA). “This continued record growth shows the resilience of renewable energy amid the lingering energy crisis,” says Francesco La Camera, IRENA’s director general. “The strong business case of renewables, coupled with enabling policies, has sustained an upwards trend of their share in the global energy mix year on year.” In Abu Dhabi, Emirates Water and Electricity Company (EWEC) has already met 80% of total power demand using renewable and clean energy from its solar and nuclear energy plants, supplying approximately 6.2 gigawatts (GW) of the total 7.7GW system power demand. Worldwide investment in the green energy transition amounted to $1.1 trillion in 2022, setting a new record according to a report by BloombergNEF. It says this represents a rapid acceleration from the year before as the energy crisis prompted faster deployment of low-carbon technologies.
  • 16. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 16 Saudi Arabia plans to invest up to $265 billion (SAR 1 trillion) to generate “cleaner energy”, according to the kingdom’s energy minister. Prince Abdulaziz bin Salman says the investments also aim to “add transport lines and distribution networks in order to eventually export the energy to the world and produce clean hydrogen”. The UAE is already on course to add new solar capacity in the coming years. The 2GW Al Dhafra solar park in Abu Dhabi will soon be connected to the national grid, while the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai has already reached 1.8GW capacity, with 950MW expected to be added soon, once Phase 4 is completed later this year. While investments in solar and wind energy have gone up sharply, the same cannot be said for conventional thermal power generation sources such as gas, coal and oil. Solar investment jumped 36% year-on-year to $308 billion and is estimated to have installed 260GW of new capacity in 2022, according to BloombergNEF. Investment in the second-largest sector, wind, stayed roughly stable at $175 billion. China made up 55% of the world’s renewable energy investment, putting $164 billion into new solar farms and $109 billion into new wind farms. The US was the next largest single market, at nearly $50 billion. The European Union countries invested just $39 billion, down 10% from 2021 despite a strong rise in solar. While there is an apparent increase in its dependence on renewable energy sources, the utilities sector still heavily relies on natural gas. This is projected to be an integral part of the power grid for several years or even decades to come, as evidenced by the ongoing energy crisis in Europe. The utilities industry argues that they must continue using natural gas due to the unreliability of wind and solar power. Moreover, they are hesitant to invest in energy storage, as they believe purchasing batteries capable of powering the grid during periods of insufficient sunlight or wind would be too expensive. “Gas-based power generation technologies provide a flexible option to swiftly ramp power output in response to fluctuations in energy supply caused by variable renewable sources, thus supporting grid stability,” says Noora Abdul Latif Kheily, Engineering Outage Planning Director for EMEA, GE Power. According to Rajeev Singh, a Partner at EY, it will take decades to replace all of existing power plants with renewable energy sources, and even then, gas power will still play a role.
  • 17. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 17 “The point is that while renewable energy is the future, it’s not quite the present. It’s not even the near future. Gas power is not the villain here, nor is it the hero. It’s a transitional fuel that will help us get from where we are now to where we want to be,” says Singh. Some studies show that as a cleaner alternative to coal-fired power plants, the environmental impact of gas power can be further reduced through the use of carbon capture and storage (CCS) technology. However, others argue that CCS is expensive and unproven, and that renewable energy is a better long-term solution to future energy needs. While it is true that gas power can complement solar and wind energy to provide stability to the grid, Enewhere’s Zywietz argues that this is not the only solution available. “Advances in energy storage technology, such as batteries and pumped hydro storage, can also provide grid stability and enable renewable energy to effectively provide baseload power,” Zywietz explains. “Moreover, the argument that gas power is needed to provide baseload when the sun is not shining is increasingly becoming outdated. With the continued decline in the cost of renewable energy technologies, it is becoming more cost-effective to combine wind, solar, and storage technologies to provide a stable, reliable, and low-cost power supply around the clock.” Other proponents of renewable energy have argued that the use of gas power as a backup to renewable energy sources may actually hinder the development of renewable energy technologies. They claim that by relying on gas power as a backup, there may be less investment and incentive to develop and improve energy storage solutions, which could ultimately slow down the transition to a more sustainable and renewable energy system. This brings us to the question of what role gas power will play in the future. Original equipment manufacturers (OEMs) for gas turbines such as GE, Siemens and Mitsubishi Power are constantly striving to increase the efficiency of their turbines. GE’s HA gas turbine, for example, has an efficiency of 64%, while Siemens’ H-class turbine has an efficiency of up to 63%. Mitsubishi Power’s J-Series gas turbine, on the other hand, has a net efficiency of up to 64.1%. To increase efficiency, OEMs are incorporating advanced technologies such as additive manufacturing, 3D printing, and digital twin simulations into their design and manufacturing processes. They are also exploring innovative solutions such as using ceramic matrix composites (CMCs) for turbine blades and vanes to improve performance and reduce weight. “These efforts are not only improving the efficiency of gas turbines and engines but also reducing emissions, enhancing flexibility, and increasing reliability, making them an important part of the
  • 18. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 18 transition to a more sustainable energy future,” says Alexander Eykerman, Energy Business Director Middle East & Managing Director, Wärtsilä Gulf. Wärtsilä is one of a few established OEMS that have considered hydrogen combustion for gas turbines and engines as a promising alternative to fossil fuels due to its lower carbon footprint. “One of the benefits of using hydrogen as a fuel is that it can be blended with natural gas to create a cleaner burning fuel. This can help improve the efficiency of gas turbines and engines, reducing their emissions and increasing their lifespan,” Eykerman points out. Wärtsilä and WEC Energy Group recently successfully tested the capabilities of a Wärtsilä engine running on 25% hydrogen-blended fuel in what the group describes as a ‘key enabler’ for renewable energy ambitions. GE is already enabling the transition of a 485MW combined-cycle power plant in Ohio, USA, to run on carbon-free hydrogen. “If a power plant chose to blend 50% by volume of hydrogen into their hydrocarbon fuel, the carbon reduction can reach up to 23% at the exhaust. Implementing complimentary CCUS, the carbon reduction can be further reduced up to 90% or more,” says GE Power’s Kheily. There are also advancements in gas-battery hybrid systems to help balance variable energy supply and demand, including when the sun sets and solar power production falls while electricity usage surges as people turn on lights and appliances. Evidently, the push for renewable energy is stronger than ever, and there are valid reasons for that. However, as Anis argues, gas power is not going anywhere anytime soon. “In fact, as renewable energy installed capacity increases, gas power will play an even more important role,” says Anis. Of course, there are those who believe that renewable energy will eventually fully replace gas power. And they may be right. “But it’s not going to happen overnight,” says Singh. “We need to be realistic about the pace of change and recognise that we can’t simply flip a switch.”
  • 19. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 19
  • 20. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 20 NewBase Energy News 02-May 2023 - Issue No. 1616 call on +971504822502, UAE The Editor:” Khaled Al Awadi” Your partner in Energy Services NewBase energy news is produced Twice a week and sponsored by Hawk Energy Service – Dubai, UAE. For additional free subscriptions, please email us. About: Khaled Malallah Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Emarat member since 1990 ASME member since 1995 Hawk Energy member 2010 www.linkedin.com/in/khaled-al-awadi-38b995b Mobile: +971504822502 khdmohd@hawkenergy.net or khdmohd@hotmail.com Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas sector. Has Mechanical Engineering BSc. & MSc. Degrees from leading U.S. Universities. Currently working as self leading external Energy consultant for the GCC area via many leading Energy Services companies. Khaled is the Founder of the NewBase Energy news articles issues, Khaled is an international consultant, advisor, ecopreneur and journalist with expertise in Gas & Oil pipeline Networks, waste management, waste-to-energy, renewable energy, environment protection and sustainable development. His geographical areas of focus include Middle East, Africa and Asia. Khaled has successfully accomplished a wide range of projects in the areas of Gas & Oil with extensive works on Gas Pipeline Network Facilities & gas compressor stations. Executed projects in the designing & constructing of gas pipelines, gas metering & regulating stations and in the engineering of gas/oil supply routes. Has drafted & finalized many contracts/agreements in products sale, transportation, operation & maintenance agreements. Along with many MOUs & JVs for organizations & governments authorities. Currently dealing for biomass energy, biogas, waste-to-energy, recycling and waste management. He has participated in numerous conferences and workshops as chairman, session chair, keynote speaker and panelist.
  • 21. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 21 Khaled is the Editor-in-Chief of NewBase Energy News and is a professional environmental writer with over 1400 popular articles to his credit. He is proactively engaged in creating mass awareness on renewable energy, waste management, plant Automation IA and environmental sustainability in different parts of the world. Khaled has become a reference for many of the Oil & Gas Conferences and for many Energy program broadcasted internationally, via GCC leading satellite Channels. Khaled can be reached at any time, see contact details above.
  • 22. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 22
  • 23. Copyright © 2022 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content. Page 23