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Industry News 2007 P39



GE Unveils New Advanced Technology Center
GE Energy's nuclear business opened a new advanced technology center and a global field services facility as the company continues to expand its Wilmington, N.C., site to prepare for new reactor orders and broaden its services capabilities for utility customers.

Merkel supports plans for 26 German coal fired plants
Chancellor Angela Merkel has come out in support for the construction of 26 coal-fired power plants, despite her strong environmental stance, in report published in Germany.

China expects power capacity to grow 10.5 per cent a year until 2010
China's capacity to generate electricity is expected to grow by 10.5 per cent a year until the end of the decade, according to the State Electric Grid Corporation.

KKR threatens to pull out of TXU takeover
Kohlberg Kravis Roberts (KKR) has threatened to pull out of its proposed $45bn purchase of TXU Corporation if lawmakers impose new regulation to impede the sale of the Texan utility.

Belarus plans to invest $1.3bn in generation in 2007
Belarus plans to invest about $1.3bn in 2007 in a state programme to upgrade generation infrastructure and implement energy saving measures.

Greece to invest €2.5 bn in renewable energy by 2010
Greek development minister Dimitris Sioufas said on Monday (19 March) that he had signed a ministerial decision on licensing of electricity production from renewable energy sources and high-performance heating electricity co-production in the country.

Tractebel to invest $248m in 2007 in Brazil, Uruguay
Brazilian power generator Tractebel Energia, a unit of Belgian power group Suez Energy, plans to invest 516m reais ($248m) in 2007.

PG&E solicits renewable energy suppliers
Pacific Gas and Electric Co. (PG&E) announced that it has issued a Request for Offers (RFO) to solicit renewable energy supply on behalf of its five million electric customers.

TXU announces IGCC plans
In another major change in tactics, TXU Corp. announced it will pursue integrated gasification combined cycle (IGCC) plants equipped with carbon capture technology.

California parties settle energy crisis refund claims with Portland General
Southern California Edison (SCE) and other California parties seeking refunds of energy overcharges during the state's 2000-2001 energy crisis have reached a settlement resolving claims against Portland General Electric.

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