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Industry News 2006 P53



Russia seeks private investment in nuclear power growth
Russia nuclear energy agency is reported to be conducting talks with private investors on their participation in the construction of new nuclear power stations in Russia according to the head of Rosatom, Sergey Kiriyenko.

Progress Energy appoints firms to prepare two nuclear COL applications
US power producer Progress Energy has awarded a contract to the team of Sargent & Lundy, CH2M HILL and WorleyParsons to prepare the Combined Construction and Operating License (COL) applications for two potential new nuclear power stations.

MENA growth drives gas turbines services market
Vast capacity additions, spawning of gas turbine-based power plants and the gradual opening up of the power sector are expected to provide the required impetus to the Middle East and North African power plant services market, according to industry analysts Frost & Sullivan.

EDF in discussions over new UK nuclear programme
An official with French power group EDF has admitted that informal discussions have been held with British Energy about building new power plants in the UK. Bruno Lescoeur, senior executive vice president indicated that EDF had also talked to German energy firms RWE and E.ON.

Georgia to privatize energy assets
Georgia's government has put the country's electricity distribution company and smaller hydroelectric power stations up for sale with the intention of raising close to $120m.

Russian force fields the weight of G-8
Russia has come under pressure from its fellow G-8 members to ratify an energy supply charter that would help guarantee a more stable natural gas supply from Gazprom.

Turkey reconsiders nuclear power strategy
Turkish Minister of Energy and Natural Resources Hilmi Guler says his country needs to invest in nuclear power generation for up to 5000 MW of capacity over the next 15 years.

Siemens expands wind turbine production capacity
Siemens is to invest over €50m ($59.9m) expanding its wind turbine manufacturing capabilities in Denmark in response to continued growth worldwide.

Bush Administration commits funding to clean coal research
The release Tuesday of the US Administration's fiscal 2007 budget request shows continued commitment to clean coal research and development (R&D) and FutureGen. The proposed budget includes $285m for basic coal R&D and $54m for FutureGen.

Electricity supply cut earlier than planned in Moscow
Planned cuts in electricity consumption for Moscow were introduced at 3 p.m. Monday, according to an Interfax report.

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