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Freeport LNG Awards EPC Contract for Third Train at Texas Facility

LCG, March 27, 2015-CB&I yesterday announced that a joint venture (JV) between CB&I, Chiyoda International Corporation, and Zachry Industrial, Inc., was awarded a contract valued over $2 billion by FLNG Liquefaction 3, LLC (Freeport LNG) for the engineering, procurement and construction (EPC) of the third train of the three-train liquified natural gas (LNG) liquefaction and export facility on Quintana Island, near Freeport, Texas.

AEP Moves Another Step Closer to Retiring 4,400 MW of Coal-fired Generating Facilities by Summer

LCG, March 25, 2015--American Electric Power (AEP) will close six coal-fired power plants by the end of May, with four additional retirements scheduled by year-end. The plant closings are part of the utility's compliance plan for new Environmental Protection Agency EPA regulations, primarily the Mercury and Air Toxics Standard (MATS) rule that commence in June.

Industry News

GE to Construct Hybrid Renewable Power Plant in Turkey

LCG, June 8, 2011--GE Energy (GE) announced that Turkey's MetCap Energy Investments selected GE's hybrid renewable-natural gas, combined cycle design for a 530-MW plant scheduled to commence operations in 2015. The energy facility will include wind turbines with a generating capacity of 22 MW, along with 50 MW of solar-thermal technology. The project site is in south central Turkey.

The solar thermal power system will be created by eSolar. GE announced on Monday that it would invest in eSolar to supply the solar portion of the system and that it would have licensing rights to sell and develop stand-alone solar thermal or hybrid power plants globally, using eSolar's technology.

eSolar employs a concentrated solar power (CSP) design. A field of sun-tracking, dual-axis heliostats reflects solar energy on a thermal receiver mounted atop a central power tower. The energy is used to create steam. In this hybrid design, the solar steam supplements the steam supply created from the gas-fired, combustion turbines. The high-pressure steam in turn drives the steam turbine to generate power.

Conceptually, the hybrid design adds solar power at a low incremental cost relative to building a stand-alone solar thermal power plant, as the incremental cost (above a stand-alone gas-fired combined cycle plant) is roughly the cost of the heliostats and power tower.



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