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Industry News 2004 P19



UAE plans nuclear power plant
The United Arab Emirates (UAE) may build its first nuclear power plant as part of its drive to nearly double power production by 2010. Abu Dhabi Water & Electricity Authority (ADWEA) has signed a memorandum of understanding (MoU) with South Korea's Ministry of Science & Technology to carry out a feasibility study into its construction.

New Study Terms Coal a "No Brainer"
By building new coal generating facilities based on clean coal technologies, utilities could find themselves uniquely positioned at the epicenter of a future hydrogen economy.

Datamonitor Analysis Underscores Importance of Nuclear Power in the UK
Despite its shortcomings, Datamonitor believes new nuclear power plant will be required in the UK to meet its domestic and international obligations.

Report Describes Dramatic Improvement is U.S. Air Quality
A report issued by the Foundation for Clean Air Progress describes the dramatic improvements in U.S. air quality since passage of the Clean Air Act.

Lack of Investment Causing Transmission Bottlenecks In Eastern U.S.
A new study shows conflicting interests and regulatory confusion are preventing improvements to the eastern U.S. power grid needed to bring lower-cost power to major load centers.

NRC GRANTS FINAL DESIGN APPROVAL TO WESTINGHOUSE AP1000
The Nuclear Regulatory commission has granted final design approval to Westinghouse Electric Company's AP1000 standard nuclear plant design.

China Faces Investment Shortfall in Coal Sector
China relies on coal for more than 70% of its electricity production, but inadequate investment in recent years has resulted in worrisome shortages.

FERC Calls on Utilities to Beef Up Vegetation Management Efforts
The Federal Energy Regulatory Commission has approved a final report calling for more frequent tree trimming to increase electric reliability.

NERC Issues Long-Term Reliability Assessment
The North American Electric Reliability Council's 2004 Long-Term Reliability Assessment indicates that resource adequacy in North America is expected to be satisfactory through 2013.

AES Nigeria secures $120m financing
The AES Corporation today announced that its subsidiary completed the first non-recourse project finance transaction in Nigeria's power sector.

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