Heat Exchanger World October 2022 | Page 62

Project News
Gulf Energy to acquire 49 % stake in 1.2GW power project in US
Aemetis on schedule with engineering for SAF & diesel plant
Thailand-based energy investment firm Gulf Energy has acquired a 49 % equity stake in Jackson Generation , a 1.2GW gas-fired power project in Illinois , for USD 409M . The company ’ s subsidiary , Gulf Energy USA , carried out the deal by entering a purchase and sale agreement with J-POWER Jackson Partners . Located in Will County , Jackson Generation began operations on 4 May this year . It features advanced combinedcycle gas turbine ( CCGT ) technology and is claimed to have the lowest greenhouse gas emissions of any natural gas-fired power plant in the US . Jackson Partners owns the power plant under J-POWER Group . Jackson Generation has been supplying electricity to the Pennsylvania-New
Jersey-Maryland Interconnection ( PJM ), a regional transmission organisation . PJM coordinates the movement of wholesale energy in 13 states and the District of Columbia , managing the highest reliability and electricity demand in the US . J-POWER Group is also a joint venture partner in Gulf Energy ’ s gas-fired power projects under Gulf JP Group . Gulf Energy Development Public Company chief financial officer Yupapin Wangviwat said : “ The investment in Jackson Generation marks the company ’ s first step into the US energy market and is aligned with Gulf Energy ’ s commitment to enhance energy security through the provision of reliable , low-cost electricity through the energy transition towards a low-carbon society .
Aemetis , Inc ., a renewable fuels company focused on negative carbon intensity products , has reported that the engineering work completed during the past year by CTCI for the Aemetis Riverbank Carbon Zero SAF and renewable diesel plant is on schedule for filing permits and conducting procurement commencing in 4Q22 . In October 2021 , Aemetis has announced that it has entered into an agreement with engineering and construction firm CTCI Americas to conduct permitting and engineering work for the Carbon Zero renewable jet and diesel plant to be built in Riverbank , California , US . CTCI Americas is a subsidiary of US $ 2.3 billion revenues CTCI Corp ., a global engineering , procurement , and construction ( EPC ) firm with extensive technology and energy industry project engineering
and construction experience in California . In addition to CTCI , the engineering and project management team for the Carbon Zero renewable jet and diesel plant includes ATSI , Inc . of Amherst , NY in the role of Owner ’ s Engineer to advise Aemetis on technical matters related to the project . ATSI is a firm with 40 years of engineering and project management firm with senior engineers who have extensive experience in the construction and commissioning of oil refineries worldwide , including the commissioning of a USD 10bn refinery in Asia . ATSI has performed more than five years of owner ’ s engineer and project management work with Aemetis , including carbon reduction projects at the Keyes ethanol plant and the ongoing carbon capture and underground sequestration ( CCUS ) projects in Riverbank and Keyes , California .
ADNOC Refining to finish first phase of waste heat recovery project
The first stage of ADNOC Refining ’ s ground-breaking Waste Heat Recovery project at the General Utilities Plant in Ruwais , Abu Dhabi , is about to be finished . According to the UAE ’ s Net Zero by 2050 Strategic Initiative , ADNOC produces some of the least carbon-intensive petroleum in the world and is further aiming to reduce its greenhouse gas ( GHG ) emissions intensity by 25 % by 2030 . The Waste Heat Recovery project is one of several strategic initiatives to decarbonize ADNOC ’ s operations and builds on the company ’ s heritage of responsible environmental stewardship . This includes significant accomplishments like the establishment of the region ’ s first commercial-scale Carbon Capture and Underground Storage facility in 2016 and the adoption of a zero regular gas flaring policy in the early 2000s . The Waste Heat Recovery project , which cost USD 600M and began in 2018 , will reuse waste heat from the plant to generate up to 230 MW more of energy each day , enough to power hundreds of thousands of households . Before the end of the year , phase one of the project , which involves the operation of two new boilers and turbines , will be finished , and phase two , which involves the addition of two more boilers , will be finished around the middle of 2023 .
JLEN announces construction of £ 26.7m glasshouse project
JLEN , the listed environmental infrastructure fund , announced an investment of up to GBP 26.7M into a glasshouse project via a combination of a senior secured loan for the construction of the glasshouse and a convertible loan and a minority equity stake in the glasshouse operator to provide for working capital . The investment offers further diversification for the Company and is JLEN ’ s first investment into the commercial glasshouse controlled environment space . The consented 2.1 hectare glasshouse will be built in the UK , in proximity to an existing anaerobic digestion (“ AD ”) plant owned by JLEN , which will separately be upgraded to supply low carbon heat and power to the glasshouse via a private wire . Waste heat from the existing CHP engines will be captured and delivered by pipe and a heat exchanger to the glasshouse . The wastage from the glasshouse produce may also be returned to the digester , creating a circular ecosystem . The glasshouse project will receive energy via the private wire at a discount to the import market price and the AD plant will benefit from the inflationlinked RHI regime and sell electricity at a premium price versus exporting it to the grid while also utilising otherwise wasted heat .
62 Heat Exchanger World October 2022