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Industry News 2002 P3



CEZ likely to appeal competition authority's decision
Czech Republic power company CEZ is expected to appeal last week's decision by the competition office banning it from taking shareholdings in all the regional distribution companies it was lined up to receive under the government's strategy.

Director of National Bioenergy Center named
Michael Pacheco has accepted the position of director of the National Bioenergy Center (NBC).

Spot power prices follow natural gas upward
In the EIA's Thursday update of selected wholesale electricity prices, spot electricity prices fluctuated across the Western United States over the past two trading days.

Czech regulator reduces CEZ Stakes in power distributors
The Czech Republic's anti-monopoly office UOHS has allowed the merger of power utility CEZ with five regional distributors laying out three structural conditions, UOHS chairman Josef Bednar said on Wednesday.

EU boosts German gas-fired power plant market
The EU has allowed Germany five-year tax exemptions for new gas-fired power plants, said environment minister Juergen Trittin Wednesday. The move is expected to encourage new environmentally friendly and efficient power plant projects as well as attract new players into the market.

POWER-GEN: KOEMA joins forces with PennWell Corp. to co-host 'SIEF' and launch event 'Korea Power'
The Korea Electrical Manufacturers Association and PennWell Corp. announced Wednesday that they will co-host the Seoul International Electric Fair (SIEF) and the first ever Korea Power event at the Seoul Trade Exhibition Center (SETEC) from Nov. 2-5, 2004.

Enel show interest in Union Fenosa green energy division
Italian power generator Enel is considering a bid for the renewable energy unit put up for sale by Spain's Union Fenosa Enel's CEO said on Wednesday.

Japan utility may shut down all of its reactors by April of 2003
Japanese power provider, Tokyo Electric Power Co. Inc., (TEPCO) said on Wednesday that it may temporarily shut down all its reactors by next spring.

Black & Veatch's Energy Engineering & Construction division announces details of Asia Region structure
Black & Veatch has announced the details of its Energy Engineering & Construction (EE&C) Division's Asia Region structure.

Better risk management helps energy companies avoid trouble, report states
The US power market is in chaos, with many companies enmeshed in legal wrangles and bankruptcy proceedings. Have any survived the past year of turmoil relatively unscathed? Yes, says energy expert Shirley S. Savage. "What's their secret? It's called risk management."

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