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Industry News 2005 P32



Enel and EDF to cooperate on EPR nuclear programme
CEO of Enel, Fulvio Conti, and chairman and CEO of EDF, Pierre Gadonneix, have signed a Memorandum of Understanding for the joint development of the French new generation European Pressurized Reactor (EPR) nuclear programme.

GE keen to resolve Dabhol stalemate
General Electric (GE) says it is ready to work with the Indian government and other companies in order to achieve an early resolution of the Dabhol power plant fiasco.

Siemens to start transformer production in Pakistan
Siemens Pakistan plans to start producing 220KV power transformers in Pakistan with an investment of Rs500m ($8.4m), said Siemens Head of Asia Pacific, Dr Klaus Waucherer.

Warning for hurricane season
Last year nearly 10 million US residents were left without power as four hurricanes hit Florida over a 38 day period, and predictions for this upcoming season look as if 2005 will be equally devastating.

GE launches 'global showcase' for offshore wind power
The Arklow Bank wind farm in Ireland was inaugurated yesterday as GE officially launched the first large scale offshore project featuring its 3.6 MW turbines.

Eurelectric call for greater transparency in Emissions Trading Directives
Eurelectric has called for a shortening of the National Action Plan process and greater transparency as the EU prepares to embark on a review of the Emissions Trading Directive.

Offshore wind project investment forecast at $13bn
Over 2300 wind turbines are forecast to be installed offshore over the next five years at a cost of $13bn, according to energy analysts Douglas-Westwood Limited.

ABB increases price for transformers
ABB is to increase the price of its transformers by up to ten per cent following what the company called 'a sharp increase' in raw material prices since the start of 2005. The price increases became effective immediately.

Venezuela calls for Iran to be its nuclear partner
Venezuela's President Hugo Chavez has expressed his interest in pursuing a nuclear energy programme in partnership with other South American countries and Iran.

Vattenfall plans to trade Polish power market
Vattenfall has opened an office in Poland and applied to trade electricity in the EU country. Vattenfall Trading Services Sp, a 100 per cent subsidiary of the Swedish Vattenfall group, has been entered in the Polish trade register, an important step in extending trading activities on the Polish market.

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