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Industry News 2005 P11



New head for GE China
General Electric Co (GE) said it has named Steve Bertamini as president and CEO of GE China, succeeding Steve Schneider, who was promoted to command GE Energy's global energy products operations.

US likely to face LNG supply problems
The US will have to pay a premium for the liquefied natural gas it requires to make up for the shortfall in natural gas production caused by the past month's hurricanes, according to Cambridge Energy Research Associates (CERA).

Verbund agrees Croatia co-operation
Austrian electricity utility Verbund and its Croatian counterpart HEP (Hrvatska Elektroprivreda) have signed a "memorandum of understanding" in Zagreb today, Tuesday.

Europe prepares for the electrical integration of Turkey
Turkey could soon be integrated into the European electrical system after the continent's grid union, UCTE, began a study to investigate the possible scenarios surrounding the potential expansion.

EDF privatization faces further delays
Protests from trade unions have again cast doubt on the privatization of French utility EDF, which was due to start within the next few weeks.

WWF names EU's biggest CO2 emitters
Nine of the EU's top 30 biggest carbon dioxide emitting power plants are in Germany, according to a new report published by the WWF.

China plans transformer export facility
The Huaye Group in Northeast China's Liaoning Province invested 130m yuan ($16m) in a 450 KVA transformer production line, which started construction in the Anshan New and Hi-tech Development Zone in Liaoning Province.

Four more units planned for Three Gorges
China will build four more super-large hydropower plants in the upper reach of Yangtze River in the next 5-10 years, according to the China Three Gorges Project Corporation (CTGPC).

France assists Vietnam upgrade power network
The French Development Agency (FDA) has entered into an agreement with Vietnam's Finance Ministry to provide a €40m ($52m) loan for an electricity transmission project in the north of Vietnam.

Singapore to revive power privatization
7 October 2005 - A report in Thursday's London Financial Times says that Temasek, the Singapore state investment company, is close to reviving a long-delayed plan to privatize three electricity companies.

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