Golar Power revolutionises energy for Brazil

By William Girling
Golar LNG Ltd has

Golar LNG Ltd has released details of a project in collaboration with Stonepeak Infrastructure Partners to change the way Brazil gets its energy.

The venture - called ‘Golar Power’ - has received its Commercial Operation Date (COD) for the 1.5GW Porto de Sergipe I Power Project, meaning its has been green-lighted to start generating energy. 

A combined-cycle gas-fired power plant, it represents the first such facility in Brazil and the largest of its kind in South America. Estimated to have cost US$1.4bn to construct, the power plant will feature a dedicated LNG import and regasification terminal.

Utilising LNG

Liquefied natural gas (LNG) is advantageous as a bridge fuel between renewables and fossil fuels because of its cleaner emissions and stable method of transportation. 

Some estimates have placed LNG as 50% less polluting than coal, with minimal CO2, SO2, NOx and Mg. As such, the Golar Power plant could revolutionise Brazil’s energy sector, which is still highly reliant on petroleum and other fossil fuels for energy.

This potential to lead an energy shift has been noticed by Golar LNG, which stated in its press release that the project could be the starting point for cleaner, more reliable energy for millions of Brazilian citizens.

SEE ALSO:

“This important achievement will facilitate Brazil’s transition to lower-carbon energy generation sources whilst also promoting the use of LNG to balance and diversify its supply of energy,” it said. 

Pioneers in alternative fuel

Far from being a niche interest, LNG has captured the attention of leading energy companies for several decades. Many are currently engaged in exciting projects across the world which seek to fully make use of the resource:

ExxonMobil: With more than 40 years working within LNG, ExxonMobil is as a world leader in this important bridge fuel. 

The company continues to grow its portfolio of LNG operations to meet the growing global demand, including one in Papua New Guinea, which had a recorded production volume of 9mn tonnes in 2018, and Mozambique: ‘Area 4’, estimated to hold 85trn cubic feet of gas.

Chevron: Believing that global LNG demand will increase 130% by 2035, Chevron’s ‘Angola Liquefied Natural Gas Project’ is one of the most impressive energy projects operating in Africa today. 

With a processing capability of 1.1bn cubic feet of gas per day, Chevron’s ALNG venture is making a substantial dent in the rising demand for LNG, producing an average of 23,000 barrels of LNG per day in 2018. 

Share

Featured Articles

Britishvolt targets larger format batteries for upscale EVs

Battery technology pioneer unveils development roadmap for larger format, 46900 high-performance lithium-ion advanced cell technologies

Top 10 energy companies

These energy big-hitters are at the forefront of changing oil and gas dynamics and transition to renewable energy

INEOS Energy enters global LNG market with US supply deal

Major deal with Sempra Infrastructure will see the potential supply of 1.4mn tonnes of LNG a year from North America for 20 years

Britishvolt extends WMG battery cell contract

Renewable Energy

Shell, Accenture and AMEX GBT launch blockchain SAF project

Sustainability

Centrica shores up gas supplies for next three UK winters

Utilities