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Industry News 2007 P9



French utility EDF proposes carbon hedge for nuclear plants amid UK warning
France's EdF Energy is proposing a new financial instrument to lay off the political risks associated with the price of carbon, something that will affect the investment decisions for all low-carbon generation such as new nuclear plant.

American Clipper to develop new wind turbine technology in the UK
The UK government announced today that Clipper Windpower of California, USA, is to develop a new generation of giant offshore wind turbines in the North East of England.

Central Europe regulators push for 2008 published power data
Central and eastern European energy regulators have called for power transmission system operators in the region to publish key market data online by 1 March 2008 in a report on transparency.

E.ON buys Airtricity wind unit for $1.4bn
E.ON is continuing to expand its renewables business and is acquiring the North American activities of Irish wind farm operator Airtricity for $1.4 billion.

Commission backs nuclear in 'energy revolution'
The EU Commission leaders have defended their plans for a radical shake-up of the EU's energy market presented two weeks ago and thrown their weight behind nuclear power as one of the drivers of a "third industrial revolution" that should lead Europe towards a "low-carbon age".

New UK nuclear power plants likely to get approval in November
The UK government is likely to give approval for the construction of a new generation of nuclear power plants in November, according to press reports.

Poland invited to join International Energy Agency
The International Energy Agency (IEA) has formally invited Poland to become a new member country.

Endesa to quit Portuguese energy market, says losing 'millions per day' - report
Endesa SA plans to leave the Portuguese liberalised energy market as it is losing 'millions of euros per day' by not being able to bring electricity from Spain for its clients, Jornal de Negocios reported, citing Endesa Portugal CEO Nuno Ribeiro da Silva.

Wales' Cardiff University to open new gas turbine research centre on 10 October
Wales' Cardiff University's new Gas Turbine Research Centre, a world-leading power generation and emissions research centre is to be formally opened in Port Talbot by Wales' First Minister, the Rt Hon Rhodri Morgan, on Wednesday 10 October.

India may buy six nuclear reactors from France; talks on 15, 16 October
Nuclear Power Corporation of India Limited (NPCIL) is planning to buy six nuclear power reactors from France during an Indo-French nuclear meeting this week, according to the BBC.

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