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Industry News 2004 P41



Montana cities offer $1.3bn for bankrupt utility
A nonprofit corporation made of five Montana cities on Wednesday submitted a $1.26bn bid to buy bankrupt NorthWestern Corp.'s electric and natural gas systems in the state.

New York power authority underestimate power plant costs by $275m
The New York Power Authority, which preaches efficient energy use to its customers, should listen more closely to its own advice on efficiency, according to State Comptroller Alan Hevesi.

Report sees renewable energy moving into mainstream
With oil and gas prices soaring amid deepening instability in the Middle East, renewable energy is emerging as a bright spot in the global energy economy-and is poised for a worldwide takeoff, according to a new study from the Worldwatch Institute.

Alstom and DOE to develop hybrid combustion-gasification chemical looping process
Alstom announced that it is participating in a U.S. Department of Energy (DOE) project to develop and verify a novel hybrid combustion-gasification chemical looping concept for ultra-clean, low cost, high efficiency coal power generation.

2000th steam turbine leaves Siemens Goerlitz facility
Today the 2000th steam turbine was shipped from the Siemens Power Generation (PG) industrial steam turbine facility in Goerlitz, Germany.

NERC Issues 2004 Summer Reliability Assessment
The North American Electric Reliability Council (NERC) released its 2004 Summer Assessment Wednesday, which provides an independent assessment of projected electricity supply and demand in North America for the upcoming summer season.

Powerspan and DOE to develop power plant CO2 removal technology
Powerspan Corp., a clean energy technology company, and the U.S. Department of Energy's National Energy Technology Laboratory (NETL) have entered into a cooperative research and development agreement (CRADA) to develop a cost effective carbon dioxide (CO2) removal process for coal-based power plants.

EIB to finance Kenya Power
The European Investment Bank (EIB) and the World Bank will inject Sh8bn ($101m) to rescue the struggling Kenya Power and Lighting Company (KPLC).

DOE releases energy budget
The United States Department of Energy has released its budget proposal for fiscal year 2005. Included in the $24.3bn request is $728.9m for fossil energy programmes.

Saudi Arabia agrees power plant extension
Saudi Arabia's Water and Electricity Minister Abdullah Al-Hosayn this week signed an SR832.5m ($222m) agreement for the expansion of the 9th power plant in Riyadh.

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