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Gas To Power Journal - 02 April 2026 Thu, 02 Apr 2026 13:18:59 GMT
Re: Etihad Aviation invitation for Partnership Wed, 18 Mar 2026 12:51:45 GMT

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From: stephan@...
To: [email protected]
Date: Fri, 01 May 2026 09:27:02 GMT
Subject: Gas to Power Weekly - 1 May - Argentina awards spot LNG cargo ahead of peak winter power demand; Germany to hold first gas power plant tender in September

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<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">LEAD ARTICLE</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 18px; font-weight: bold;">Argentina awards spot LNG cargo ahead of peak winter power demand</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-weight: bold;">Energ&#xed;a Argentina has awarded a spot LNG cargo to Spain&#x2019;s Naturgy, due to arrive at the Escobar floating storage and regasification unit (FSRU), in the second week of May.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Shipment will be arranged on a delivered ex-ship (DES) basis to the Escobar FSRU, where the regasified LNG will be injected into the national gas grid, ensuring supply during periods of peak demand during the Southern Hemisphere winter.</span></p>
</td> </tr> </table>  </td> </tr> </table> <table class="layout layout--1-column" style="background-color: #FFFFFF; table-layout: fixed;" width="100%" border="0" cellpadding="0" cellspacing="0" bgcolor="#FFFFFF"> <tr> <td class="column column--1 scale stack" style="width: 100%;" align="center" valign="top"> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top"><p style="margin: 0;"><a href="https://wlon9wiab.cc.rs6.net/tn.jsp?f=001Iuvfed7e90-YgHxIak5TfO0KWMhcuXREenBmHOd4VBus9Cc8rJxkVe3AtNcb5bYp5WOq9A5DK0E9dT3GI_mEPI-KlgZFZz3gpU-hkc7daL6PEu5-H1On-4CeqHUIgVSLvhOeOmPgbK3961HsQbPB1e-21KwEgvkxe0xykFfan_j_YMikJm3PnQ==&c=8pIoU0nNzc1i_ZkQHngHGM2Qj2FAMx-_3QgaHwp26vsE9T12OrUULA==&ch=A4qqFpqowhGSnjxFCUTE75LYJWmEN_6uItPe_O_jo5wn6OQplVewkQ==" rel="noopener noreferrer" target="_blank" style="font-size: 14px; text-decoration: none; font-family: Helvetica, Arial, sans-serif; font-weight: bold; color: #072740; font-style: normal;">DOWNLOAD NOW &lt;&lt;</a></p></td> </tr> </table>  </td> </tr> </table> <table class="layout layout--1-column" style="table-layout: fixed;" width="100%" border="0" cellpadding="0" cellspacing="0"> <tr> <td class="column column--1 scale stack" style="width: 100%;" align="center" valign="top">
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<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131); font-weight: bold;">P R I C I N G</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">EU power price held stable&#xa0;at &#x20ac;90/MWh despite&#xa0;LNG crunch</span></p>
</td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top">
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131); font-weight: bold;">G R I D   A C C E S S</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">PJM queue crunch makes&#xa0;developer &#xfeff;<span><br></span>&#xfeff;pre-order&#xa0;equipment&#xa0;</span></p>
</td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top">
<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">P R O J E C T S</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">Net Zero Teeside advances&#xa0;towards &#xfeff;<span><br></span>&#xfeff;2028 launch </span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">GE bags order for AGP&#xa0;</span></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(128, 126, 131);">upgrade at two power plants&#xa0;in Egypt</span></p>
</td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top">
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px; font-weight: bold;">E N E R G Y &#xfeff;<span><br></span>&#xfeff;S T O R A G E</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;">Global helium supply choked&#xa0;by Strait of Hormuz blockade</span></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;"><span class="ql-cursor">&#xfeff;</span></span></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 16px;">Millions of EV batteries can be reused for energy storage</span></p>
</td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top"><p style="margin: 0;"><br></p></td> </tr> </table>  <div class="spacer" style="line-height: 10px; height: 10px;">&#x200a;</div> <table class="text text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top"><p style="margin: 0;"><br></p></td> </tr> </table>  </td>  <td class="column column--2 scale stack" style="width: 65%;" align="center" valign="top"> <table class="text text--article text--padding-vertical" width="100%" border="0" cellpadding="0" cellspacing="0" style="table-layout: fixed;"> <tr> <td class="text_content-cell content-padding-horizontal" style="line-height: 1.2; text-align: left; font-family: Arial,Verdana,Helvetica,sans-serif; color: #403F42; font-size: 14px; display: block; word-wrap: break-word; padding: 10px 20px;" align="left" valign="top">
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-size: 18px; font-weight: bold;">PJM queue crunch makes developer pre-order equipment&#xa0;</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-weight: bold;">The load queue in PJM, the regional grid operator in the US Mid-Atlantic and parts of the Midwest, is now long enough to shape new build decisions. Active queue data show 1,010 PJM requests totalling 119.63 GW, developers are&#xa0;bypassing the traditional wait-and-see model and are locking in power gen equipment early.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Data centers, in particular, break away from the old EPC model and adopt a new funding approach to bear more of their own infrastructure costs. If a backstop power auction is used, data center developers tend allocate 100% of those associated costs to large loads.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-weight: bold;">Pre-ordering turbines</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Xcel Energy intends to reach 3 GW of contracted data-center service by the end of 2026, and 6 GW by the end of 2027. To meet this ambitious timescale the utility said it is purchasing five additional gas turbines and reserving turbine supply &#x201c;years ahead.&#x201d;</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">The rampant build-out of AI hyperscalers heralds the risk of power shortages. PJM's 2027 capacity auction shows a 6 GW shortfall &#x2013; the first failure to meet reliability targets in the grid operator's history. Data centers account for 94% of projected load growth as capacity prices reached a record $333/MW-day.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">In Pennsylvania, data center capacity is projected to rise from 182 MW this year to more than 7,196 MW by 2036, a more than 4,000% increase. In PJM&#x2019;s Dominion zone, one analysis cited a jump from a 2022 forecast of 5,700 MW by 2037 to more than 20,000 MW in the 2025 forecast, underscoring how quickly hyperscaler demand assumptions are being revised upward.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131); font-weight: bold;">Asia&#x2019;s AI build-out faces power crunch</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Electricity shortages not only limit America&#x2019;s data center built-out, similar constraints impact Asia-Pacific&#x2019;s AI industry, reshaping project financing and site selection, Deloitte said. It expects load growth from big data in the region to rise from under 200 TWh currently to over 1,000 TWh by the mid-2030s.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">This AI-driven load growth coincides with broader electrification trends which may boost regional electricity demand across Asia Pacific by nearly 50% through to 2040. But grid expansion is not keeping pace: In Tokyo, the pipeline of data centre projects is more than double the planned increase in power supply to 2030. Will Symons, Deloitte&#x2019;s APAC Sustainability leader told AsianPower.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Energy cost is another pressing issue, considering electricity makes up 60% of data centre operating expenses. High and volatile energy prices undermine return-on-investment. In response, the Big Data industry is shifting towards a &#x201c;power-first&#x201d; investment model, Symons observed, as &#x201c;energy becomes the primary constraint that shapes where&#x2026; projects are developed.&#x201d; Under this approach, developers&#xa0;select sites based on access to power rather than proximity to users. Locations with access to renewable power are gaining traction.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">Access to electricity also determines project timelines. Developers and financiers now require early commitments to power supply. In some markets, developers are building power supply with projects under &#x201c;bring your own power&#x201d; models.</span></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);"><span class="ql-cursor">&#xfeff;</span></span></p>
<p style="margin: 0;"><span style="color: rgb(128, 126, 131);">That shift is linking the development of data centers and related energy sources &#x2013; often in a decentralized approach. Developers are combining power generation, storage, and data centres in single portfolios to manage costs and reduce exposure to electricity price swings.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><br></p>
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                                    Email from Gas to Power Journal Our weekly update covering everything you need to know about Natural Gas Power Generation LEAD ARTICLE Argentina awards spot LNG cargo ahead of peak winter power demand Energía Argentina has awarded a spot LNG cargo to Spain’s Naturgy, due to arrive at the Escobar floating storage and regasification unit (FSRU), in the second week of May. Shipment will be arranged on a delivered ex-ship (DES) basis to the Escobar FSRU, where the regasified LNG will be injected into the national gas grid, ensuring supply during periods of peak demand during the Southern Hemisphere winter. DOWNLOAD NOW << P R I C I N G EU power price held stable at €90/MWh despite LNG crunch   G R I D A C C E S S PJM queue crunch makes developer  pre-order equipment    P R O J E C T S Net Zero Teeside advances towards  2028 launch GE bags order for AGP  upgrade at two power plants in Egypt   E N E R G Y  S T O R A G E Global helium supply choked by Strait of Hormuz blockade  Millions of EV batteries can be reused for energy storage     PJM queue crunch makes developer pre-order equipment  The load queue in PJM, the regional grid operator in the US Mid-Atlantic and parts of the Midwest, is now long enough to shape new build decisions. Active queue data show 1,010 PJM requests totalling 119.63 GW, developers are bypassing the traditional wait-and-see model and are locking in power gen equipment early. Data centers, in particular, break away from the old EPC model and adopt a new funding approach to bear more of their own infrastructure costs. If a backstop power auction is used, data center developers tend allocate 100% of those associated costs to large loads. Pre-ordering turbines Xcel Energy intends to reach 3 GW of contracted data-center service by the end of 2026, and 6 GW by the end of 2027. To meet this ambitious timescale the utility said it is purchasing five additional gas turbines and reserving turbine supply “years ahead.” The rampant build-out of AI hyperscalers heralds the risk of power shortages. PJM's 2027 capacity auction shows a 6 GW shortfall – the first failure to meet reliability targets in the grid operator's history. Data centers account for 94% of projected load growth as capacity prices reached a record $333/MW-day. In Pennsylvania, data center capacity is projected to rise from 182 MW this year to more than 7,196 MW by 2036, a more than 4,000% increase. In PJM’s Dominion zone, one analysis cited a jump from a 2022 forecast of 5,700 MW by 2037 to more than 20,000 MW in the 2025 forecast, underscoring how quickly hyperscaler demand assumptions are being revised upward. Asia’s AI build-out faces power crunch Electricity shortages not only limit America’s data center built-out, similar constraints impact Asia-Pacific’s AI industry, reshaping project financing and site selection, Deloitte said. It expects load growth from big data in the region to rise from under 200 TWh currently to over 1,000 TWh by the mid-2030s. This AI-driven load growth coincides with broader electrification trends which may boost regional electricity demand across Asia Pacific by nearly 50% through to 2040. But grid expansion is not keeping pace: In Tokyo, the pipeline of data centre projects is more than double the planned increase in power supply to 2030. Will Symons, Deloitte’s APAC Sustainability leader told AsianPower. Energy cost is another pressing issue, considering electricity makes up 60% of data centre operating expenses. High and volatile energy prices undermine return-on-investment. In response, the Big Data industry is shifting towards a “power-first” investment model, Symons observed, as “energy becomes the primary constraint that shapes where… projects are developed.” Under this approach, developers select sites based on access to power rather than proximity to users. Locations with access to renewable power are gaining traction. Access to electricity also determines project timelines. Developers and financiers now require early commitments to power supply. In some markets, developers are building power supply with projects under “bring your own power” models.  That shift is linking the development of data centers and related energy sources – often in a decentralized approach. Developers are combining power generation, storage, and data centres in single portfolios to manage costs and reduce exposure to electricity price swings. Enjoyed your free read? Consider a trial subscription      Follow us on social media Gas to Power Journal | 39-41 North Road | London, N79DP GB Unsubscribe | Update Profile | Constant Contact Data Notice
                                

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