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Gas To Power Journal - 31 July 2026 Fri, 31 Jul 2026 10:55:32 GMT
Gas to Power Weekly - 31 July - El ectricity demand outpaces GDP growt h, IEA finds; Germany’s EEG reform reshapes role of gas-fired powergen Fri, 31 Jul 2026 08:21:14 GMT
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From: stephan@...
To: [email protected]
Date: Fri, 31 Jul 2026 08:21:14 GMT
Subject: Gas to Power Weekly - 31 July - Electricity demand outpaces GDP growth, IEA finds; Germany’s EEG reform reshapes role of gas-fired powergen
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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(130, 130, 130); font-weight: bold; font-size: 18px;">Electricity demand outpaces GDP growth, IEA finds</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold;">Through 2030, global electricity consumption will grow at least 2.5 times as fast as overall energy demand,&#xa0;the International Energy Agency&#xa0;(IEA) forecasts, with emerging Asian economies accounting for near 80% of incremental electricity demand.</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">Over the next five years, China alone is expected to add demand equivalent to the total electricity consumption of the European Union (EU) today, with average growth of 4.9% annually. According to IEA figures, this is close to its 2025 pace of 5% but slower than its 6.5% average over the past decade.</span></p>
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<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">C O M P E T I N G</span></p>
<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">F U E L S</span></p>
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<p style="margin: 0;"><span style="font-size: 16px; color: rgb(130, 130, 130);">Biomass challenges gas power on fuel costs, offsets higher Capex</span></p>
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<p style="margin: 0;"><span style="font-weight: bold; font-size: 16px; color: rgb(128, 126, 131);">D E M A N D</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="font-size: 16px; color: rgb(130, 130, 130);">Saipem&#x2019;s Baleine contract&#xa0;to boost Ivory Coast&#x2019;s&#xa0;gas burn</span></p>
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<p style="margin: 0;"><span style="font-size: 16px; color: rgb(130, 130, 130);">Cambodia plans to import&#xa0;first LNG for power-gen&#xa0;in 2027</span></p>
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<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>
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<p style="margin: 0;"><span style="font-size: 16px; color: rgb(130, 130, 130);">could save US Northeast&#xa0;consumers $5.8bn</span></p>
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<p style="margin: 0;"><span style="font-size: 16px; color: rgb(130, 130, 130);">Everllence launches 175D GenSet for data center&#xa0;backup powe</span><span style="font-size: 16px; color: rgb(77, 77, 77);">r&#xa0;</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold; font-size: 18px;">Saipem&#x2019;s Baleine contract to boost Ivory Coast&#x2019;s gas burn</span></p>
<p style="margin: 0;"><br></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130); font-weight: bold;">Saipem&#x2019;s Baleine Phase 3 contract will help boost Ivory Coast&#x2019;s gas-burn by increasing supplies to the country&#x2019;s power sector, with all gas produced from the offshore project earmarked for local&#xa0;consumption rather than LNG exports.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The Italian energy services company said it had secured two new contracts worth a combined 800 million euros ($928 million), including an offshore engineering, procurement, construction and installation (EPCI) award from Eni C&#xf4;te d&#x2019;Ivoire and its partners for the Baleine Phase 3 development in waters up to 1,300 metres deep.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">Eni said gas produced during Phase 3 will be supplied to Ivory Coast&#x2019;s domestic network to fuel electricity generation and support industrial development. Once fully operational, Baleine is expected to produce around 200 million standard cubic feet of gas per day.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">Rather than constructing liquefaction facilities for overseas LNG sales, Baleine&#x2019;s gas will be transported through subsea and onshore pipeline infrastructure into the country&#x2019;s existing gas network, where it will be delivered directly to power stations and industrial users.</span></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);"><span class="ql-cursor">&#xfeff;</span></span></p>
<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">The development therefore contrasts with Eni&#x2019;s projects in the Republic of Congo, where floating liquefied natural gas (FLNG) facilities were built specifically to process gas for export to international LNG markets.</span></p>
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<p style="margin: 0;"><span style="color: rgb(130, 130, 130);">Alongside the gas output, Baleine Phase 3 will raise oil production to around 150,000 barrels per day, with the crude expected to be exported. Discovered in 2021, Baleine is the largest hydrocarbon discovery in Ivory Coast and has been developed in successive phases to accelerate production.&#xa0;</span><span style="color: rgb(77, 77, 77);">&#xa0;</span></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 Electricity demand outpaces GDP growth, IEA finds Through 2030, global electricity consumption will grow at least 2.5 times as fast as overall energy demand, the International Energy Agency (IEA) forecasts, with emerging Asian economies accounting for near 80% of incremental electricity demand. Over the next five years, China alone is expected to add demand equivalent to the total electricity consumption of the European Union (EU) today, with average growth of 4.9% annually. According to IEA figures, this is close to its 2025 pace of 5% but slower than its 6.5% average over the past decade. DOWNLOAD NOW << C O M P E T I N G F U E L S Biomass challenges gas power on fuel costs, offsets higher Capex   D E M A N D Saipem’s Baleine contract to boost Ivory Coast’s gas burn Cambodia plans to import first LNG for power-gen in 2027   P R O J E C T S Constitution Pipeline  could save US Northeast consumers $5.8bn   T E C H N O L O G Y Everllence launches 175D GenSet for data center backup power      Saipem’s Baleine contract to boost Ivory Coast’s gas burn Saipem’s Baleine Phase 3 contract will help boost Ivory Coast’s gas-burn by increasing supplies to the country’s power sector, with all gas produced from the offshore project earmarked for local consumption rather than LNG exports. The Italian energy services company said it had secured two new contracts worth a combined 800 million euros ($928 million), including an offshore engineering, procurement, construction and installation (EPCI) award from Eni Côte d’Ivoire and its partners for the Baleine Phase 3 development in waters up to 1,300 metres deep. Eni said gas produced during Phase 3 will be supplied to Ivory Coast’s domestic network to fuel electricity generation and support industrial development. Once fully operational, Baleine is expected to produce around 200 million standard cubic feet of gas per day. Rather than constructing liquefaction facilities for overseas LNG sales, Baleine’s gas will be transported through subsea and onshore pipeline infrastructure into the country’s existing gas network, where it will be delivered directly to power stations and industrial users.  The development therefore contrasts with Eni’s projects in the Republic of Congo, where floating liquefied natural gas (FLNG) facilities were built specifically to process gas for export to international LNG markets. Alongside the gas output, Baleine Phase 3 will raise oil production to around 150,000 barrels per day, with the crude expected to be exported. Discovered in 2021, Baleine is the largest hydrocarbon discovery in Ivory Coast and has been developed in successive phases to accelerate production.   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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