Market Trends

Presidential elections are typically important for the power industry, but few in recent memory stack up to the potential consequences of the 2024 election.

Peru LNG owns and operates the only LNG export facility in South America, consisting of a natural gas liquefaction plant, pipeline, storage tanks, and additional assets.

Following the licensing agreement, Jiangsu Masada will begin manufacturing MET turbochargers in 2025 with an initial focus on assembly.

Supported by the European Innovation Fund (EIF), ACCSION will receive €220M and, using its Cryocap technology, will capture, purify, and liquefy approximately 95% of the CO2 emitted by the cement kilns at the Denmark plant.

TPS 2024 tackled the latest challenges, solutions, and technologies in the turbomachinery industry.

Koch-Glitsch will deliver proprietary separation equipment for ION’s post-combustion carbon-capture projects, increasing performance while minimizing cost and physical footprint.

The investment will fund additional engine test cells and new equipment and technology, including AI-enabled inspection techniques.

Daniel Tegtmeier of EthosEnergy shares how remote monitoring has grown over the past several years and the advantages and challenges of virtual capabilities.

The company will design the entire four-stroke, medium-speed ammonia-engine concept for maritime applications, including the exhaust gas after-treatment system.

The plant’s anaerobic digestion technologies will generate renewable natural gas while removing thousands of tons of CO2 and methane from the atmosphere.

Tyler Clifford of Siemens Energy speaks on alternative fuels like methanol, gas turbines, 3D printing, and decarbonizing industrial markets.

The Emirates Central Cooling Systems Corp. (Empower) will supply chilled water for cooling to residential, commercial, healthcare, educational, and multi-use projects.

The 2025 Handbook includes a comprehensive outlook of the power industry and gas turbine market as well as an industry-wide directory and specifications listings.

Methanol as an alternative fuel can cut CO2 emissions between 10 – 95% depending on how it’s produced.

Upon completion, the 300-MW floating facility will produce up to 55,000 tons of green hydrogen and nearly 300,000 tons of green ammonia per year.

Koloma leverages its technology, proprietary data, and human capital advantages to discover and commercialize geologic hydrogen resources on a global scale.

EthosEnergy’s Engineering Manager Philip Booth discusses available technology in reverse engineering for rotating equipment.

Integrating an exhaust gas recirculation system reduces the cost and footprint of a carbon-capture system and lowers operating costs.

With the largest CO2 pipeline network in the United States, ExxonMobil will leverage its infrastructure for the newly leased 271,000-acre offshore storage site.

Woodside Louisiana LNG, formerly the Driftwood LNG development opportunity, is an under-construction LNG production and export terminal with 27.6 MTPA permitted capacity.

On our Turbo Tour of EthosEnergy, Engineering Manager Philip Booth spoke about the repair, overhaul, and aftermarket markets.

Siemens Energy is developing three technologies—an advanced rotor hydrogen compressor, a Turbo Heater, and a rotating olefins cracker—to drive the energy transition and reduce carbon emissions.

Operated and non-operated interests in the Athabasca Oil Sands Project (AOSP) and Duvernay shale will be sold to Canadian Natural Resources in a $6.5 billion all-cash transaction.

The United States and Brazil will collaborate on various clean-energy initiatives: bioenergy-to-hydrogen, clean energy for remote communities, carbon and methane management, and more.

Related assets, manufacturing capability, and personnel have been transferred to Honeywell, including the coil-wound heat exchanger manufacturing facility in Port Manatee, FL.

At full capacity, the new gigahub will enable the automated series production of PEM stacks with a potential total electrolysis capacity of more than 5 GW per year.

The company acquired APSCO, a hydraulic and pneumatic provider; Blutek, a compressed air and nitrogen generation solutions designer; and UT Pumps, a screw and plunger pump manufacturer.

The completion follows Woodside’s agreement to acquire OCI Clean Ammonia’s 1.1 MTPA Clean Ammonia Project, which is currently under construction with production planned for 2025.

AI Wingmate provides GE Aerospace employees with an internal platform for instant information access, faster learning and discovery, and advanced support tools.

Modernization options for ammonia syngas trains can meet a wide range of plant requirements for uptime, efficiency, costs, and footprint.