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Industry News 2002 P2



New study points to errors in energy news reporting
A new study shows that many newspapers, TV news shows, and web sites inaccurately report statistics about energy use and oil reserves.

Malaysian utility YTL bids alone for Midlands
Malaysia's YTL Power International Bhd has confirmed that it is bidding for UK power distributor Midlands Electricity on its own and is not at this stage teaming up with Australia's Macquarie Bank as widely rumoured.

Electric Light & Power to sponsor EMACS 2003
PennWell's Electric Light & Power Magazine (EL&P) will be a sponsoring publication of EMACS 2003, the knowledge-sharing event for customer service and marketing professionals in the utility and retail energy industry.

Court retains Ruhrgas, E.ON merger injunction
A German court yesterday upheld an injunction preventing German utility E.ON from completing its proposed merger with Ruhrgas - the firm responsible for two thirds of Germany's natural gas supplies.

Con Edison to issue RFP seeking contract for electric capacity
Consolidated Edison Co. of New York Inc. (Con Edison) announced Tuesday that it has issued a Request For Proposal (RFP) seeking a contract to purchase 500 megawatts of electric capacity from a new facility located in New York City or a facility outside of New York City that has new transmission dedicated to the city.

AES Drax given time to pay
AES Drax has arranged for a debt standstill for six months to allow it to get over the collapse of key customer TXU Europe and find new customers.

Cummins Power Generation introduces diesel generator set
Cummins Power Generation has introduced a new PowerCommand 2.7 MW generator set that is the world's most powerful production generation set, according to the company.

Duke quits European power trading
Another US firm is to depart the European power trading scene with the decision on Monday by Duke Energy to cease its trading activity. The company is to focus solely on its Dutch gas supply business in Europe, it said.

IEA examines efforts to ensure a secure, sustainable and affordable energy supply
The International Energy Agency (IEA) has published Energy Policies of IEA Countries - 2002 Review, an essential source of information and analysis of energy policy and market developments in the Member countries of the IEA.

British Energy Canadian asset sale close
Reports in UK newspapers over the weekend suggest that British Energy will complete the sale of its interests Bruce Power nuclear facilities in Canada early this week for a reported £300m ($477m).

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