GE's New Gas Turbine Aids Solar and Wind Power
GE’s new natural gas turbine picks up where solar and wind power leaves off. In case of clouds, the generator will turn on to meet a solar plant’s shortfall. No wind? No problem. GE’s new turbine kicks in to pick up the slack at wind farms.
The company has invested over $500 million to develop the turbine and accompanying power plant. The technology is expected to be ready for the market by 2014.
The turbine generator and ancillary components will be manufactured in France and initial versions of the system will be designed for the European market’s 50-hertz power frequencies. There is no official date for release into the American market.
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GE CEO Jeffrey Immelt noted at a conference last week in Florida that GE is bullish in its outlook on natural gas. “It appears like we’re heading into a natural gas cycle,” he says.
The new natural gas turbine power plant is named, “FlexEfficiency 50,” and is the first in the coming “FlexEfficiency” product line.
Similar renewables/natural gas hybrid systems have been developed in conjunction with various solar plants already, including the Martin Next Generation Solar Energy Center in Florida. However, the GE system will be the first commercially marketed standardized system for the industry.
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.