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Industry News 2004 P43



Calif. panel sets tougher rules for power plants
The California Public Utilities Commission on Thursday adopted a plan setting tougher rules for ensuring maintenance at power plants in the state.

FERC warns of "troublesome conditions" in Calif
The head of the Federal Energy Regulatory Commission on Wednesday said he was concerned about "very troublesome conditions" in California's electricity market and warned of a possible repeat of the state's 2000-01 energy shortage.

Cape Cod gets greenlight to bid on electricity supply contract
State regulators have given Cape Light Compact the go-ahead to bid for the electricity to supply virtually all of Cape Cod and Martha's Vineyard.

Capstone Consulting Partners launches web portal
Consulting firm Capstone Consulting Partners this week launched "Solution Central," a Web Portal devoted exclusively to CIS sourcing in the energy/utility industry.

E.ON plans €250m investment in Hungarian power network
German utilities group E.ON plans to invest an additional €250m ($303 million) in Hungary to increase the quality of its service and meet increasing demand, the company said on Wednesday.

Brazil's Elebras to trim Cidreira wind project costs
Brazilian engineering company Elebras plans to restructure its 72 MW Cidreira wind project to bring its costs into line with the prices on offer in the federal government's Proinfa alternative energy programme, according to a report from Business News Americas.

Indian lenders to meet Dabhol panel
A group of lenders led by the Industrial Development Bank of India (IDBI) will meet the Naresh Chandra panel soon to discuss future course of action on the stalled 2184 MW Dabhol Power project in India, before proceeding for a final negotiation with overseas lenders on May 12 in London.

EU Emissions Trading Scheme Will Cause Power Price Increases of up to 40 per cent by 2010
Global Insight, Inc., the private company that brought together DRI and WEFA, the economic analysis, forecasting and financial information companies, has issued its annual European Power Price Report which includes a review of the impact of the EU Emissions Trading scheme.

Indonesia's Pertamina seeks geothermal power partners
Indonesian state-owned oil company PT Pertamina is looking for partners to develop geothermal power - a venture that will need around $800m.

California heatwave triggers power emergency
Heavy air conditioning use amid triple-digit temperatures triggered a transmission emergency in California on Monday and some businesses were asked to turn off the lights.

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