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Industry News 2005 P22



China's power supply expected to remain tight
China's power supply is expected to remain tight in the second half of the year, with the toughest time being in the summer, according to a forecast from the China Electricity Council.

GECF unlikely to emerge as gas 'OPEC'
Recent fears that the Gas Exporting Countries Forum (GECF) is to start operating under a system similar to that of OPEC are mislaid, according to new research from independent market analyst, Datamonitor.

UK a net importer of fuel for first time in 12 years
The UK became a net importer of fuel in 2004, the first time since 1992, according to the 2005 Digest of UK Energy Statistics published yesterday by the British government's Department of Trade and Industry.

UK seeks input on offshore transmission regulation
The UK energy regulator Ofgem and the government's Department of Trade and Industry have launched a consultation to establish a regulatory regime for offshore electricity transmission.

China halts construction of 33rd power plant in a week
China's National Development and Reform Commission (NDRC) has stopped construction of another power plant, the 33rd in three days, for failing to comply with the country's regulations.

US power industry breaks record for electricity demand
The US electric power industry has set a new record for power demand, providing 95 259 GWh for the week ending July 23, and eclipsing by 5.3 per cent the previous record of 90 468 GWh set back in August 2002, according to Edison Electric Institute's weekly electric output survey.

13-State region sets new electricity use record
PJM Interconnection, the electricity grid operator for 51 million people in 13 states and the District of Columbia, reported that customers' use of electricity set a new world- record peak demand yesterday.

UK regulator targets lack of liberalization in Europe
The UK energy regulator Ofgem will focus its efforts on the continuing price rises in fuel bills, the drive to achieve a lower carbon economy and its perceived lack of progress in liberalizing European energy markets.

Iran agrees $1bn funding for Iraq energy reconstruction
Iraq's Minister of Electricity Dr Muhsen Shlash said Iran has allocated $1bn toward the reconstruction of war-torn Iraq. He said the funds arising from the credit facility will be mainly spent on infrastructure projects, particularly in the energy industry.

Dabhol restart will take a year
The 2184 MW Dabhol Power Plant could be restarted in one year provided all the legal and financial formalities were completed and the plant was handed over to the NTPC-GAIL-promoted Special Purpose Vehicle (SPV), NTPC chairman and managing director C P Jain said.

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