Egypt Gas Pipeline Explosion Cuts Off Israel & Jordan Energy Supply... Again!
Written By: John Shimkus
In early February, Energy Digital covered the story of a natural gas pipeline bombing in northern Egypt that cut off energy supplies to Israel and Jordan. Now, three months later, a similar bombing has occurred in the same region. The gas terminal of Al Sabil in Egypt’s Sinai Peninsula exploded early Wednesday morning, as five masked bombers left the scene of the crime. No one has been reported injured and gas flow has been sealed to control the blazing fire. Those responsible for the bombing escaped.
This is remarkably similar to the bombing that took place February 5, and has some pointing the finger of blame at the region’s Bedoiun tribes, who have been in contention with the Egyptian government for purported unfair treatment.
Apparently, there was a previous attempted bombing on the gas terminal on March 27.
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Jordan depends on Egyptian natural gas for roughly 80 percent of its energy generating needs, while Israel’s energy portfolio is reliant on about 40 percent. The attacks are prompting Israeli officials to seek alternative energy sources.
No one can say for sure who is responsible for the bombings or why. Some speculate that conflict of interests continue between Egyptian citizens over sharing resources with Israel, especially considering the two countries were enemies prior to the Camp David peace accords. Others believe the conflict to be internal, citing government corruption and illegal transfer of funds to Egyptian officials in the gas deals arranged between Egypt and Israel. In either case, this should be a wake up call to both Israel and Jordan that energy independence should not be undermined by any country, especially in a region experiencing such instability.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.