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Industry News 2006 P29



International Power licensed for Saudi waste-to-energy plants
International Power Group announced Tuesday that the Company has finalized all necessary procedures to establish a Saudi Arabian company approved to build waste-to-energy plants in the Kingdom.

New peak demand records set for California, Midwest ISOs
The Midwest ISO and California ISO reported meeting record-breaking demand Monday as temperatures rise across the United States.

Bahrain in power surplus
Privatization and expansion of Bahrain's power generation capacity has left the Kingdom with plant output currently exceeding the consumption levels, a senior government official said.

UK to sell off stake in British Energy
The UK government is planning sell off part of its stake in the nuclear power generating firm British Energy that it rescued from bankruptcy fours years ago. The plan is to be revealed later this week in a written parliamentary answer and details will be set out in the next Budget.

First GE 9E GT shipped under Chinese technology transfer deal
The first GE Frame 9E gas turbine assembled in China under a technology transfer agreement with Nanjing Turbine & Electric Machinery (Group) Co., Ltd. was shipped today this week NTC's manufacturing facility in Nanjing, Jiangsu Province.

Finnish reactor delays explained
In response to speculation concerning delays in the construction of Finland's new nuclear reactor the Areva-Siemens consortium charged with building the Olkiluoto 3 plant has issued a statement explaining that teething problems with new technology are resulting in some delays and admitting that this will have an impact on operating income.

U.S. nuclear weapons-grade material converted to nuclear power fuel
A recently completed nonproliferation initiative converted weapons-grade highly enriched uranium into low-enriched uranium fuel used by commercial nuclear power plants to produce electricity.

EPRI launches new research on generation from biomass fuel
The Electric Power Research Institute has launched a new research project to explore the potential role of biomass as a renewable fuel for electricity generation and reduce greenhouse gas emissions.

First environmental products market established in Canada
The Montreal Exchange and the Chicago Climate Exchange announced the establishment of the Montreal Climate Exchange, the first environmental products market in Canada.

UK Government unveils energy review
The UK Government today concluded its Energy Review with the publication of a range of proposals designed to reinforce the UK's long-term energy policy in the face of the mounting global threats posed by climate change and to energy security. Opposition politicians immediately pounced on the report claiming it lacked any material proposals.

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