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Industry News 2004 P2



National Security to Lead Renewable Energy Deployment
If one actionable priority could be distilled from the chorus of support expressed for renewables at the American Council On Renewable Energy (ACORE) annual policy forum in Washington, D.C., in early December, it's that the time has come to shift the nation's priorities from an era of research and development to one of major deployment.

Magnetic Filtration improves efficiency and reduces maintenance requirements
Most electric generating companies are responsible for the operation and maintenance of a diverse range of power stations. Utility engineers must review operating practices with a goal of improving efficiency and extending asset life.

UK's transmission network gets investment for green growth
New funds for investment are to be made available to strengthen electricity transmission networks in Scotland and the North of England in preparation for the growth in renewable generation.

Exelon and PSEG merger to create USA's largest utility
Exelon Corporation and Public Service Enterprise Group Inc. (PSEG) are to merge to create the USA's largest utility, Exelon Electric and Gas.

Ofgem announces transmission market shake-up
The costs for running the UK's transmission system are set to rise by 5 per cent after the UK energy regulator, Ofgem, announced a significant market shake-up.

Nigeria and Iran sign MOU for hydro rehabilitation
Nigeria and Iran have signed a Memorandum of Understanding for Iranian energy company, Farab Limited to rehabilitate the Kainji hydro power plant.

Neutral VA Tech find Siemens offer inadequate
VA Tech's managing board has officially taken a neutral position in response to Siemens AG Österreich takeover offer, despite condemning it as commercially inadequate.

Innovative engine secures DTI support
A highly innovative new design of internal combustion engine has secured a £75 000 ($145 000) grant from the UK's Department of Trade and Industry. The funding will enable environmental technology start-up Lontra, to complete proof of concept work on its Lindsey Engine.

Approved PJM Transmission upgrades Pass $1bn milestone
Total approved upgrades to the electric transmission system now exceed $1bn in the PJM Interconnection region. PJM has approved an additional $256m in upgrades to reach the new total.

VA Tech cuts transformer production further
VA Tech is to cease production of new transformers at VA Tech Ferranti-Packard Transformers Ltd in St. Catharines, Canada, in a move to significantly downsize and restructure.

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