Our energy sector is a large and all-encompassing complex and inter-related network, directly and indirectly, involved in the production and distribution of energy needed to power the economy and facilitate the means of production and transportation.
Our energy sectors are involved in various types of energy. For the most part, energy are often categorized based on how the energy that we produce is sourced and will typically fall into one-of-two categories:
Non-renewable
Renewable
We also have secondary sources such as electricity. Energy prices—along with the earnings performance are largely driven by the supply and demand for worldwide energy.
Volnovka Refinery is involved in field development in remote, undeveloped regions, completely lacking any utilities infrastructure. Under such conditions the question of supplying power to field assets becomes imperative — the key response to which lies in the construction of gas-turbine power plants (GTPPs), thus also addressing the question of effective APG utilisation, used as fuel in independent power generation.
In a gas turbine facility the end-product of fuel combustion turns the turbine, which is located on the same shaft as the generator producing the electric current. The remaining energy heats the steam, rotating the steam turbine, which has a second generator attached to it.
Construction of a combined-cycle CHP plant is a more effective solution since it also has a noticeable environmental benefit in reducing fuel consumption and, consequently, greenhouse gas emissions.
