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Industry News 2003 P12



Three speakers to address POWER-GEN conference
Three speakers will represent management consulting and engineering firm R. W. Beck, Inc. during the annual POWER-GEN International Conference next month in Las Vegas.

European Regulators Group for electricity and gas formed
Responding to calls for a more coherent regulatory approach, the European Commission has established a European Regulators Group for Electricity and Gas to further the development of the European Union's (EU) internal energy market.

Report forecasts growth of German wind market
The German wind power market is expected to continue to grow over the next few years, with the aid of continuing strong government support, according to a report published Tuesday by Standard & Poor's Ratings Services.

S & P warn of financing difficulties for wind projects
Investment-grade debt ratings on European wind power projects are possible, but such schemes face considerable challenges, according to a report released today by Standard & Poor's Ratings Services.

NEI pleased that Yucca Mountain funding for FY04 nearly reaches administration request
U.S. Senate and House of Representatives conferees have recently approved an Energy and Water Development appropriations bill for fiscal year 2004.

Exelon announces key modifications to House Bill 2200 to help with purchase of Illinois Power
Exelon Corp. and its ComEd subsidiary announced important modifications to legislation they are seeking to facilitate Exelon's proposed acquisition of Illinois Power.

Rolls-Royce launches its most powerful gas engine
Rolls-Royce on Thursday officially launched its most powerful medium speed reciprocating gas engine, the B-gas, at a district heating power station at Torring in Denmark.

€100m EIB loan for Wärtsilä R&D
The European Investment Bank (EIB) has granted Wärtsilä a research and development loan of €100m ($115m) which it will use to develop the competitiveness and environmental performance of the engines.

Alstom re-launches advanced gas turbines
Alstom said Wednesday that it had begun marketing its GT24/26 advanced gas turbines again, having successfully overcome the technical problems which have haunted the "B" models ever since their launch in late 1999. Alstom now has 72 models in operation and is involved in ten power project tenders where the model is being proposed.

S&P: FERC fails to tighten pipeline purse strings
FERC recently finalized its rulemaking originally aimed at reining in the transfer of cash between regulated pipeline subsidiaries and their unregulated parent companies.

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