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Industry News 2005 P44



Indonesian connection ready by 2007
Construction of a power interconnection between Java and Sumatra is expected to be completed in 2007, Indonesia's Energy and Mineral Resources Minister Purnomo Yusgoantoro said.

BPL ready to come of age say NMRC
Broadband over powerline (BPL) technology may be "primed for real growth in 2005 and beyond" across the US, according to a new white paper released today by the New Millennium Research Council (NMRC).

Former US Energy Secretary warns of energy supply problems
Former US Energy Secretary Spencer Abraham, making his first major energy policy address since stepping down as the nation's tenth Energy Secretary, said Thursday that skyrocketing world energy demand, natural and regulatory barriers to enhancing energy supply and the limits and fragility of the global energy infrastructure present America and the world with very serious energy challenges in the 21st century.

Nuclear plant planned for China's Jilin Province
Local Chinese press is reporting that China Electric Power Investment Corporation plans to invest 40bn yuan ($4.8bn) to build the first nuclear power station in China's Jilin Province, which would have a capacity of 4000 MW.

RWE could invest €12bn in German generation
The CEO of RWE, Harry Roels, has announced that the company could invest €12bn ($16bn) in German electricity generation over the next 15 years as he addressed the company's annual results press conference.

New venture to serve wholesale power customers across southern USA
NewSouth Energy LLC, a new subsidiary of Calpine Corporation has launched a venture to offer a regionally focussed resource of electricity and energy services across southern USA.

M & A activity up in power and gas sector
A global bounce-back in deal activity is taking place in the electricity and gas sector, say PricewaterhouseCoopers in its Power Deals 2004, annual review of M&A activity in the industry.

Report finds Terna has the strongest business profile of Italian utilities
Terna SpA, Italy's national transmission utility, has the strongest business profile of the four major Italian utilities compared in a new report published by Standard and Poor's (S&P).

GE find site for first H System turbine in America
Calpine Corporation and GE Energy have selected Calpine's Inland Empire Energy Center in Southern California for the North American launch of GE's most advanced gas turbine technology, the H System.

US bank reaches preliminary loan agreement for nuclear bid in China
The Export-Import Bank of the US (Ex-Im Bank) has ensured that an American company could be in contention to construct four nuclear power plants in China, after reaching a preliminary agreement to loan up to $5bn.

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