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Industry News 2007 P13



California Republican Party Unanimously Supports Nuclear Power
Members of the California Republican Party agreed to work to end the state's 31-year ban on the construction of new nuclear power plants.

Alamosa Solar facility begins generating 3.6 MW of renewable energy
The Alamosa Photovoltaic Solar Plant in Alamosa, Colo., began generating 44 percent of its capacity, about 3.6 MW.

Spain plans defences against Suez-GdF
The Spanish government fears that the proposed merger between Suez and Gaz de France could lead to aggressive expansion by the new French energy group into southern Europe and it is already preparing its defences against such a threat.

Romania to overhaul energy sector - report
The Romanian government has approved a major overhaul of the region's energy sector, which will see investments of around €35bn ($48bn) and the formation of an electricity holding company to consolidate state-owned nuclear, thermal and hydro power generation firms, Reuters has revealed.

Enel not to acquire assets in Gaz de France
Electricity transmission company Enel's CFO Luigi Ferraris has said that the company's acquisition campaign is over and it is not looking forward to acquire any Suez assets that might have to be sold as a result of the planned merger with Gaz de France.

Thailand signs Laos power purchase
Thailand has agreed to buy 5000 MW of hydro-electricity from land-locked Laos by the year 2015, and is discussing imports of another 2000 MW thereafter, energy officials revealed on Friday.

Drax powers ahead with improved power-plant efficiency and lower carbon emissions
Drax is ahead of schedule regarding efficiency and carbon emissions goals.

TXU Shareholders Approve Merger with Texas Energy Future Holdings Limited Partnership
TXU Corp. announced that its shareholders have approved the merger agreement with Texas Energy Future Holdings Limited Partnership.

SaskPower to install $525M worth of natural gas turbines
SaskPower is opting for more conventional and cheaper natural gas-fired generation, wind power and conservation to meet the province's electricity needs to 2014.

Brattle study documents increases in utility construction costs not reflected in current forecasts
The Brattle Group found that construction cost increases, whose sources are external to the utility industry, will affect industry investment planning and present new challenges for regulators.

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