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Industry News 2005 P1



Plans set to build value in Russian grid system
Russian energy investor IES Holding and the Federal Grid Company (FGC) have signed an agreement on cooperation aimed to increase the market value of the power distribution grid sector.

New Year prediction for FGD
Orders for flue gas desulphurization (FGD) systems for power plants around-the-world will soar to $7.8bn in 2006 but will then fall back to an average of $5bn/yr over the next three years as suppliers scramble to build capacity, according to the latest forecast from the McIlvaine Company.

France considers major wind energy programme
France will have to install up to 6000 new wind turbines over the next decade if it is to have any chance of meeting its emissions commitments, according to a new report published by a government agency.

EDF shares bought without permission
A number of complaints have been made to France's market watchdog against banks involved in the flotation of EDF last month, accusing them of buying EDF shares on their behalf without authorization and failing to compensate them for the resulting loses.

Saudi plans Egyptian interconnection
Saudi Arabia's Deputy Minister for Electricity Affairs Saleh ibn Hussain Al-Awaji has said that the Kingdom is planning to extend its power grid to Egypt.

International Power to install FGD at Rugeley plant
UK-based power generator International Power said today that it intends to install Flue Gas Desulphurisation (FGD) equipment at its 1000 MW coal fired Rugeley Power Station in the UK, and to opt-in to the European Large Combustion Plant Directive (LCPD).

China sees its first demonstration of a surge suppresser
A high voltage surge protector has been successfully demonstrated for the first time in China's power grid.

E.ON announces €18.6bn investment plan
E.ON plans to spend €18.6bn ($22bn) over the next two years securing supply through investing in new and existing power stations as well as improving its network of grids.

IFC Grants $3m for fuel cell project in South Africa
The International Finance Corporation, the private sector arm of the World Bank Group, has awarded a $3m grant to IST Holdings (PTY) Ltd and Plug Power Inc., who will install 400 fuel cells in remote locations and cities of South Africa over the next three years.

Power Measurement to operate under the Schneider Electric name
Power Measurement, acquired by Schneider Electric in April 2005, today announced that as an integrated part of the Schneider Electric family, the company will operate as a global "power monitoring and control" group under the Schneider Electric name.

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