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Industry News 2006 P51



Abu Dhabi-Dubai power grid link set for next month
The power grids of Dubai and Abu Dhabi will be connected next month, allowing the two emirates to share energy resources, said Ministry of Energy officials. The connection will take the country one step closer to the planned Emirates National Grid.

Secretary Bodman Meets with Regional Energy Ministers in Hungary: Emphasizes U.S. Support for Central European Energy Security
Secretary of Energy Samuel W. Bodman today participated in a regional energy meeting with ministers from Hungary, Czech Republic, Poland, Slovakia, Austria, Croatia and Romania.

Final Regulatory Approval for PacifiCorp Sale Has Been Received
ScottishPower and MidAmerican Energy Holdings Company announced today that MidAmerican has received final regulatory approval for its proposed purchase of PacifiCorp.

TVA Fossil Plant Emissions Hit a Record Low
TVA's 11 coal-fired power plants achieved their lowest-ever emission levels in 2005 while producing a near-record amount of electricity. Emissions of sulfur dioxide were about 80 percent below levels in the peak year of 1977.

EC plans for common European energy policy
The European Commission has taken the first steps towards introducing an EU energy policy designed to achieve "sustainable, competitive and secure" energy supplies.

Safety must be paramount for future UK nuclear
UK Energy Minister Malcolm Wicks today warned that Nuclear energy must be safe and secure if it is to have a defensible role in the future energy mix.

Baltic power companies to study joint nuclear development
The heads of three Baltic Energy Companies - Lietuvos Energija AB, Eesti Energija and Latvenergo have signed a memorandum of understanding on "Preparation for Construction of a New Nuclear Reactor in Lithuania. "

Endesa board recommends rejection of Gas Natural bid
The board of Spain's largest electricity company Endesa yesterday said it had unanimously rejected a hostile bid from Gas Natural and has recommended its shareholders to refuse it.

Report predicts 20-year boom in investment in energy facilities
The latest update to the report on world energy markets from the McIlvaine Company predicts an annual investment in world energy averaging $304bn over the next 20 years.

Finland contributes cash to China energy efficiency programme
Finland's Ministry of Trade and Industry today signed an agreement to provide $3m to the China Utility-Based Energy Efficiency Finance Program, managed by the International Finance Corporation.

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