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Industry News 2005 P30



Japan to develop next-generation nuclear reactor
Japan plans to develop a next-generation version of light water nuclear reactors in pursuit of the world's highest economic efficiency for reactors, government sources said Friday.

Eutilia launches online supplier sourcing
Eutilia, the internet based procurement service, has expanded its sourcing services to better assist in finding the right suppliers to suit the needs of utility and public sector companies.

Indian government close to Dabhol deal
India's power minister has told reporters that a resolution was 'in sight' to restart the over $3bn 2184 MW Dabhol Power Plant that has been lying shut for nearly four years now.

US policy unlikely to slow Chinese power demand
The US investment group, Friedman, Billings, Ramsey & Co. (FBR) does not expect new policy moves from Washington to affect Chinese energy demand after it met with administration and Capitol Hill members.

Belgium TSO to float
The Belgium power grid system operator Elia is planning to raise capital through a public listing this month which could see the company valued at up to €1.26bn ($1.55bn).

Rains fail to dampen Vietnam power crisis
Vietnam's power shortage continues despite recent rainfall that has led to a rise in water levels in the hydroelectric-dependent country.

Bio-oil demonstration declared a 'complete success'
The demonstration phase of the Canadian West Lorne cogeneration project has been declared a 'complete success' after 4.8 tonnes of bio-oil was fired in steam boilers.

Turbine blade monitoring system milestone
A new system that continuously monitors operating blades in gas turbines has surpassed 5000 hours of operation, confirming that the technology is ready for commercialization.

Lack of fuel stops West Java power plant
The recently expanded Indonesian Muara Tawar gas fired power plant in Bekasi district, West Java has been forced to stop operations last Saturday due to fuel shortages, a spokesman for owners PLN said on Monday.

Finland to sell Fortum shares
Finland is to reduce its holding in the state controlled energy company Fortum and plans to sell 62.9m shares, or 7.21 per cent of the share capital.

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