Southeast Asia must continue to prioritize the integration of renewable energy and the addition of new natural gas infrastructure to achieve an affordable, resilient and sustainable energy future. The industry and govts in the region must continue to collaborate on enabling long-term conditions that facilitate the deployment of future tech solutions across hydrogen and ammonia, carbon capture, energy storage and bidirectional, cross-border grids.
What does a successful energy transition entail?
A successful and equitable energy transition involves planning for and integrating multiple tech to ensure that everyone has access to a reasonably priced energy supply. Working in tandem with renewable energy, flexible and dispatchable generation, like gas-fired power generation and small and mid-scale LNG project development, are vital to meeting these goals.
In addition, gas-fired power generation has the quick ramp-up and ramp-down capabilities needed to adapt to changing grid energy demands. For instance, advanced gas turbines in a simple cycle configuration can supply more than 400 Mega Watts (MW) to the grid in 10 minutes and are designed to reach full combined cycle load in 30 minutes to one hour.
New gas turbine technologies can operate at low loads of less than 25% of their baseload capacity in some cases and ramp at 10 to 15% of their full load capacity per minute. Most modern turbine technology can co-fire emissions-free hydrogen, and by 2030, most original equipment manufacturers predict that new turbines will be 100% hydrogen capable.
Also, Floating LNG (FLNG) liquefaction facilities and floating storage and regasification units (FSRUs), can function as alternative and proven delivery mechanisms in LNG value chain.
How is Black & Veatch pioneering this industry?
Black & Veatch’s innovative, bankable, and cost-efficient LNG solutions help accelerate production, monetize gas fields and bring pipeline gas to market, faster. These revolutionary features of gas-fired generation make it suitable for baseload generation and stabilizing the grid alongside an expected increase in battery energy storage system deployments.
A survey conducted by Black & Veatch before the ongoing energy crisis indicates that gas-fired power plants have a future as an investment class in Asia. Approximately half of the survey respondents believe that over the next five years there will be “more investment” in gas or liquefied natural gas (LNG)-to-power facilities combined with carbon capture.
At this year’s Future Energy Asia Exhibition & Summit 2023, I will discuss how expanding gas-fired generation can help to keep power grids with high variable renewable energy generation in balance. In addition to presenting strategies for integrating renewable energy, LNG and hydrogen, other topics subject matter experts will discuss at Future Energy Asia include:
- Best practices from a regional hybrid solar deployment.
- The potential of Combined Heat and Power (CHP) and improved energy efficiency.
- The multiple roads to green hydrogen viability.
- Plans to achieve grid parity of alternative fuels like green hydrogen and ammonia.
- LNG business opportunities in Thailand and the potential of small-scale LNG technology.
Contact Black & Veatch for more information.
Narsingh Chaudhary is the Executive Vice President and Managing Director for Asia-Pacific at Black & Veatch.
