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Industry News 2007 P11



Norwegian report for ministers identifies good CO2 storage sites
A report by Norwegian gas pipeline operator Gassco and the Norwegian Petroleum Directorate has identified fields near Sleiper and Troll as the best for storing carbon dioxide.

Australia announces national clean energy target
Australian Prime Minister John Howard has announced a new national clean energy target requiring that 30 000 gigawatt hours per year come from low emission sources by 2020.

ADB lends Vietnam nearly $1bn for coal plant
The Asian Development Bank has agreed to lend Vietnam $931m to build a 1000 MW coal fired power plant to help meet soaring energy demand.

Jordan sells 51 per cent of state power firm
Energy Arabia (Enara), a consortium of Arab and Asian investors, has bought a majority 51 percent stake in Jordan's government-owned Central Electricity Generating Company (CEGCO), officials said.

Baltics to plug nuclear loss with fossil fuels after 2010: Etso
The Baltic countries are still facing a power generation squeeze in 2010, according to an update to a report by the European Transmission System Operators' (Etso).

Great River Energy to Withdraw from Big Stone II Project
Great River Energy announced its intention to withdraw from the Big Stone II project.

KEPCO to tap Russian electricity market
South Korea's power monopoly Korea Electric Power Corporation (KEPCO) said Tuesday that it signed a preliminary deal with Russia's state-run electric company to join hands in the latter's electricity reform project.

ISL Wins Contract to Assist NRC with New-Plant Applications
Information Systems Laboratories has been awarded a $33.8 million contract to assist the Nuclear Regulatory Commission in reviewing utility company license applications to build new nuclear power plants.

National Grid urges Brussels to liberalise network
National Grid has stepped into the row over Europe's energy networks which is due to come to a head this week when Brussels unveils its plans for their ownership.

Scrubbers promised for Ontario's coal-fired plants
A Progressive Conservative government intends to spend up to $1 billion to install scrubbers on Ontario's coal-fired generating plants while proceeding with plans to close them.

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