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Industry News 2004 P52



UK power bosses rule out new CCGTs
The UK is not likely to see the construction of any new combined cycle gas turbines (CCGT) power station in the short term, according to the bosses of five major power companies operating in the UK.

UK regulator outlines framework for power distribution price review
UK Energy regulator Ofgem today (Wednesday) set out its framework for determining price control proposals for the electricity distribution companies due to come into effect in April 2005.

UAE power grid contract to be awarded soon
A Dh814m ($222m) contract to establish the UAE National Power Grid, which will include Abu Dhabi, Dubai, Sharjah and Fujairah power grids, will be awarded next month, according to the UAE Minister of Electricity and Water.

Australia launches action plan to reduce emissions
A new technology that can capture carbon dioxide emissions from power stations and permanently store them underground is part of a new plan for cleaner coal to be released today.

Abu Dhabi aims to boost capacity
Abu Dhabi will attempt plans to privatize the water and power sector by expanding or constructing more water and power plants through international participation.

DOE launches hydrogen education workshop series
The U.S. Department of Energy (DOE) held the first of six hydrogen education workshops for state and local government officials.

Energy industry positioned for growth, increase in M&A activity, report says
The utility sector is likely to see an upswing in mergers and technology expenditures in the coming year, but serious challenges remain for merchant companies, a new report says.

Greens block Siemens sale of nuclear plant to China
Germany's Green Party, a member of the ruling coalition, has blocked the sale of a nuclear plant to China by Siemens AG, even after the deal was approved by Chancellor Gerhard Schroeder, Der Speigel magazine will report in its Monday edition.

NASA partners with Department of Energy, for space exploration
NASA has a new partner in its mission to explore the universe and search for life.

Giant portable generators being sold by auction
Twenty-four giant generators with enough capacity to power more than three Bellagio Las Vegas Casinos are being sold by unreserved auction by Ritchie Bros. Auctioneers in Olympia, WA on March 31, 2004.

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