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Industry News 2007 P50



Cummins Power, BluePoint Energy sign alliance agreement
BluePoint Energy, Inc. and Cummins Power Generation have entered into a strategic alliance agreement for collaborative work in the cogeneration and distributed generation market.

NY biomass project to generate renewable tax credit revenue
Laidlaw Energy Group, Inc. announced that it is planning the sale of the Federal Renewable Energy Production Tax Credits (PTCs) to be generated by its New York biomass energy project.

Nebraska power restoration uncertain
Utility officials said on Wednesday that damage from the weekend ice storm in central Nebraska is so extensive that they can not give a clear indication when power will be restored.

Gas Natural turns attention to Portuguese utility
Gas Natural, having been barred from bidding for compatriot Endesa by the Spanish courts, has begun consolidation talks with Portuguese utility Energias de Portugal (EDP), according to a local media report.

Poweo signs output swap deal with EDF
Independent French energy company Poweo on Wednesday signed an agreement with Electricite de France (EDF) for the exchange of gas-fired output for electricity derived from nuclear power.

PPL's Pennsylvania utility president retires
John F. Sipics, who has served as president of PPL Corp.'s Pennsylvania electricity delivery subsidiary since 2003, retired Jan. 1.

Spanish power investment swells
Power plant investment from Spain's five integrated electricity groups soared by more than a quarter in 2006, according to industry association Unesa.

Appalachian Power faces unexpected higher costs for IGCC plant
Appalachian Power, a subsidiary of American Electric Power, has delayed making its updated cost calculations public on a proposed 600 MW integrated gasification combined cycle (IGCC) plant in Mason County, West Virginia, US.

Belarus/Gazprom deal
Russian gas company Gazprom hammered out an eleventh-hour deal on Sunday to supply natural gas to Belarus thus narrowly avoiding a gas price war that threatened to disrupt European supplies.

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