Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry


Duke Energy, Siemens enter agreement for advanced gas turbine technologies

CHARLOTTE, N.C. — Lower customer costs, regional economic growth, increased efficiency and flexibility are potential benefits of a recent agreement between Duke Energy and Siemens.

Duke Energy submitted plans to the North Carolina Utilities Commission (NCUC) for expansion of its Lincoln County Combustion Turbine (LCCT) generation site. The proposal includes Siemens as the Engineering, Procurement and Construction (EPC) contractor for the project, including supply of the advanced gas turbine unit.

Approximately 400 MW of peaking energy will be needed to meet Duke Energy customers' needs in the Carolinas by 2024. Approval for early construction provides Siemens with an opportunity to build and test its newest gas turbine technologies in time to meet that need. Following construction, testing and validation, the new unit will be turned over to Duke Energy for operation. The proposed unit would be the most efficient combustion turbine in the Duke Energy fleet and around 25% more efficient than the existing Lincoln County turbines. 

"This unique arrangement with Siemens offers a significant cost savings to our customers while providing one of the most advanced, efficient gas turbine units in the US," said David Fountain, Duke Energy's North Carolina president. "This new technology will provide us with flexible peaking power needed to complement intermittent solar energy resources for our customers and lower emissions across our fleet."

Siemens manufactures and services gas turbines, steam turbines and generators at its Charlotte Energy Hub.

"Our cooperation with Duke Energy is a very important step in our roadmap to further drive the efficiency of natural gas generation," said Willi Meixner, CEO of Siemens Power and Gas Division. "In addition to meeting the needs of Duke Energy customers, the proposed project supports jobs and the Carolina economy."

Pending regulatory approval, construction could begin as early as mid-2018, with gas turbine testing beginning in 2020 on Duke Energy's 746-acre site near Denver, N.C. The site currently houses 16 gas-fueled, simple-cycle combustion turbines capable of generating 1,200 MW during short periods when customers' needs are highest.

The Lincoln County site, completed in 1995, includes existing infrastructure such as access to natural gas and transmission connections, making it suitable for expansion.


Copyright © 2016. All market data is provided by Barchart Market Data Solutions. Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  Cmegroupicon                                     Icelogo

FEATURED COLUMNS

Business Trends
-Julian Thomas
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
Editorial Comment
-Adrienne Blume
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
Executive Viewpoint
-Christina Andersen
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.


The New LNG Imperative

Register Now

The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

View on Demand

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2015 Gulf Publishing Company.