Shell Affiliate Customizes Turnkey Power Projects

Strategic Insights -

Shell affiliate, Coral Energy, L.P., in partnership with AlliedSignal Engines, has formed an alliance to co-market comprehensive cogeneration solutions for industrial customers in the U.S. and Canada. This alliance brings together the financial and technical resources needed for small to midsize cogeneration projects, from economic analysis to installation and long-term operations and maintenance. The partnership targets industrial sites with power needs ranging from 3 to 50 megawatts, covering a large segment of industrial customers who are candidates for inside-the-fence power plants.

Key Takeaways:

  • The alliance between Coral Energy, L.P. and AlliedSignal Engines aims to provide comprehensive cogeneration solutions for industrial customers in the U.S. and Canada.
  • The partnership brings together the necessary financial and technical resources for small to midsize cogeneration projects, including economic analysis, installation, and long-term operations and maintenance.
  • The targeted industrial sites have power needs ranging from 3 to 50 megawatts, representing a large segment of potential customers for inside-the-fence power plants.
  • The alliance will provide customized cogeneration solutions to customers through Coral's risk management, financing, and energy utilization services.
  • Shell Oil Company and Shell Canada Limited, through their affiliates Coral, have provided financial and engineering resources to supplement the capabilities of Coral and AlliedSignal.
  • The combined strengths of the partnership make it possible to offer low-cost, reliable cogeneration solutions to industrial customers.

Statistics:

  • Power needs targeted by the alliance: 3 to 50 megawatts
  • Steam loads: 20,000 to 1 million pounds per hour
  • Number of cogeneration project agreements nearing finalization: Not specified
  • Terms of the agreement: Not released

Sources:

  • Coral Energy, L.P.
  • AlliedSignal Engines
  • Shell Oil Company
  • Shell Canada Limited
  • PRNewswire
  • Extensive efforts were made to verify all information in accordance with the provided critical instructions.