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Industry News 2003 P34



NERC board votes to adopt cyber security standard
NERC's Board of Trustees has voted to adopt a cyber security standard that will reduce risks to the reliability of the bulk electric system from any compromise of critical cyber assets, including computers, software, and the communication networks that support those systems.

American Council on Renewable Energy changes short name to ACORE
The National Rural Electric Cooperative Association (NRECA), the Action Committee for Rural Electrification (ACRE), and the American Council on Renewable Energy (American Renewables or ACORE) have announced that they have resolved their ongoing dispute over the "ACRE" name.

Argentina Signals Utility Tariff Rises on the Way
Just days after President Nestor Kirchner warned utility companies he would not be rushed into thawing frozen tariffs, his No. 2 threw an olive branch to the sector on Wednesday saying it was vital.

China's Guangdong May Cut Hong Kong Water Prices
China's southern province of Guangdong is considering cutting prices for water supplied to Hong Kong, the latest effort by mainland authorities to ease pressure on the territory's weak economy that is fanning social tensions.

Vietnam Sets Up Joint Firm To Build Power Plants In Laos
State-owned Electricity of Vietnam, or EVN, and five other state-owned firms have set up a local joint-venture company to build several hydropower plants in Laos, an EVN official said Wednesday.

Clean energy demonstration at Exhibition Place showcases fuel cell
A live, working demonstration of one of the world's most promising clean energy technologies starts this weekend on the grounds of Exhibition Place - at the Canadian National Exhibition (CNE).

EU CO2 Trade Plan Should Include EU Entrants
EU rules for carbon dioxide emissions trading should include eastern European entrants and compensate German operators for the shut-down of nuclear plants, utility RWE's chief Harry Roels said on Tuesday.

AEM to Up Stake in Edipower to 16 %
Milan-based utility AEM (AEMI.MI) plans to increase its stake in energy consortium Edipower to 16 per cent from 13.4 per cent in a capital increase, paying with debt, ratings agency Standard & Poor's said on Tuesday.

RWE Repeats Commitment To Streamlining Core Portfolio
RWE Tuesday reiterated its commitment to streamlining its core business portfolio.

Russia Power Tenders Open Only to Big Foreign Cos
Foreign strategic investors wanting to buy or manage Russia's new power generation companies must have at least $10 billion in annual sales, the newspaper Vedomosti reported Tuesday, citing documents from electricity monopoly RAO Unified Energy System of Russia.

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