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Deregulation 2003 P12



OSI to supply Garland, Texas a new energy management system and ERCOT market operation system
OSI has recently been awarded a contract to supply a new SCADA, Energy Management System and ERCOT Market Operation System for the City of Garland, Texas.

Crucial Russian power reform bill passed
Russia's State Dumas Lower House finally approved Friday an important law, which will open the way for the transformation of the nation's electricity industry.

North American deregulation working in wholesale markets but weak at retail level, says global study
US and Canadian companies say some progress is being made towards standardizing wholesale electricity markets even though momentum has slowed for retail competition at the residential level.

Chubais believes Russian parliament will support power reform
Anatoly Chubais, chief executive of Russia's power monopoly UES said on Tuesday he expected Russia's parliament to support the restructuring of the electricity sector during the long-delayed and crucial second reading of the reform bill on Friday.

Decision on sale of Korean distribution arm due March
Korea Electric Power Corp. (Kepco) today said it will select a prime bidder for its subsidiary, Korea South-East Power Co (Kosep) next month on the basis of price. Kepco, South Korea's power distribution monopoly, also expected to see its 2002 profit reach a record 2.9 trillion won ($2.45bn) on sales of 20 trillion won, according to a top company official.

PUC staff issues supplemental report to wholesale generator investigation
The California Public Utilities Commission (PUC) staff recently issued a supplemental report backing up findings in its Sept. 17, 2002 Wholesale Generator Investigation Report, which concluded that the available but unused capacity of the five generators (Duke Energy, Dynegy Inc., Mirant Corp., AES/Williams, and Reliant) could have avoided a significant portion of the blackout and service interruption hours that occurred at the height of the energy crisis.

AIM Foundation gives Massachusetts electric restructuring a positive status report
A sweeping primer and status assessment issued Friday on the status to-date of the Massachusetts electricity restructuring law shows noteworthy success in shaping the revolutionary new way businesses and industry buy and use electricity--success made more evident in contrast to the delayed or failed efforts in many other states, including California.

EEI urges FERC to remain flexible in moving toward a final rule on standard market design
The Edison Electric Institute on Tuesday reaffirmed its support for a Standard Market Design to govern U.S. bulk power markets and in comments filed with the Federal Energy Regulatory Commission urged regulators to make regional flexibility the hallmark of their sweeping rulemaking.

New Korean government to keep Kepco sales on track
South Korea's incoming president has agreed to proceed with plans to privatize five power generating units of the state-run Korea Electric Power Corporation (Kepco), the Ministry of Commerce, Industry and Energy said today.

Implementation of retail competition has to address drop in utility executives' confidence
Confidence in deregulation has fallen over the last twelve months among senior executives in global energy utilities companies according to a new survey by Cap Gemini Ernst & Young.

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