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News update from Eddie Proffitt 5/4/10
1. Another Gas Power Plant Approved by Government
Today the Government gave the green light for a 1,520 Megawatt Combined Cycle Gas Turbine (CCGT) power plant in Carrington, Greater Manchester. The consent accompanied publication of a number of papers setting out the Government’s strategy for ensuring secure UK gas supplies to 2020 and beyond.
The Carrington power plant, owned by Wainstones Energy Limited, will have a construction period of about 30 months with full operation scheduled for 2013. The power plant is the first to be consented in line with new carbon capture readiness requirements and the company has prepared a plan explaining how they would retro-fit carbon capture and storage equipment to the plant in the future.
2. Gas Security of Supply
The UK Government has decided not to pursue the option of building strategic natural-gas storage sites to maintain supplies during times of very high demand for heating.
This was said in a policy paper issued by the Department of Energy and Climate Change looking at gas security of supply. The paper said government-built and operated gas storage sites risk “undermining other actions taken to promote energy security.” Competition between strategic and commercial storage could be “harmful” and discourage investments in commercial storage.
3. Government Response to the Malcolm Wicks’s ‘Review of International Energy Security’
The Government published its response to this Review on 1 April 2010, outlining its agreement on the need to encourage more energy efficiency and the adoption of low carbon technologies in order to move towards a low carbon economy. It also explains how the Government is acting to ensure we have access to energy imports that are affordable, secure and sustainable.
4. Concerns have been expressed at the International Energy Forum meeting in Cancun, Mexico, about the possible formation of a Global natural gas cartel.
These follow reports that the Algerian Energy Minister Chakib Khelil, Africa’s largest natural gas producer, will ask other exporters of the fuel to cut supplies when energy ministers from the Gas Exporting Countries Forum meet April 19.