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Industry News 2005 P27



California Regulators Approve Six New Edison Contracts for Renewable Power
The California Public Utilities Commission (CPUC) yesterday approved six new long-term contracts between Southern California Edison (SCE) and renewable energy projects that will use wind, biomass, and geothermal energy to generate electricity.

Blair says he'll support more nuclear power
British Prime Minister Tony Blair has indicated he might authorize the building of a new generation of nuclear reactors. Asked at a public forum about Scotland's executive plan to block any new nuclear plants in that country, Blair said it would be irresponsible to rule out additional nuclear units.

NuStart selects six finalist candidate sites
The country's largest consortium of nuclear power companies recently announced it has selected six finalist candidate sites from which it plans to pick two sites for two applications for the first construction and operating licenses of a new advanced nuclear energy plant in 30 years.

Energy Bill passes Senate, fueling domestic production
The US Senate has passed an energy bill that holds hope for alternative energy as a means of curbing the country's dependence on foreign oil.

Five states sue owner of Pennsylvania power plants
On Tuesday, June 28, New York state Attorney General Eliot Spitzer, Connecticut Attorney General Richard Blumenthal, Maryland Attorney General J. Joseph Curran Jr., New Jersey Attorney General Peter Harvey and Pennsylvania Secretary for the Environment Kathleen McGinty joined forces in suing the owners of three coal-fired power plants in Pennsylvania.

Canada' IESO asks public's help as electricity demand reaches record high
Canada's Independent Electricity System Operator (IESO) is asking consumers to reduce their use of electricity today to help deal with the expected record demands for electricity.

TXU Energy's chairman and CEO resigns
TXU Energy, a subsidiary of TXU Corp. announced yesterday that Paul O'Malley, chairman and chief executive of TXU Energy, has resigned effective in mid-July. A replacement will be announced by August, according to the company.

Taiwan to up coal use, decrease nuclear by 2020
Coal use is increasing dramatically across virtually all regions of the world experiencing rapid economic growth, and Taiwan is no exception. Taiwan now projects that coal will become the country's single largest source of energy by the year 2020 - estimated to be meeting more than 40 percent of Taiwan's total energy supply by that time.

Energy trading market to grow by 30 percent from 2002 to 2006
High commodity prices and volatility are driving growth in energy trading as producers try to maximize their market share and profitability and buyers attempt to control their energy costs and risks, reveals a new study published by Energy Insights, an IDC company.

UK explores the possibility of giving power to the people
The UK Department of Trade and Industry has launched a consultation that will explore the feasibility of homes, businesses and public buildings generating their own power.

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