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Industry News 2008 P19



E.ON to sell grid, some generation assets - EU
German utility E.ON has told the European Commission that it plans to sell its electricity grid and some generating assets to settle antitrust cases, the Commission has announced.

Court bars RWE from extending operation of German nuclear plant
A German court has barred RWE, the country's largest power producer, from extending the operating life of one of its nuclear power plants in the town of Biblis, dealing a blow to hopes of a nuclear revival.

Gaz de France says it's ready to meet union demands to clinch Suez merger
Gaz de France handed an olive branch to unions over jobs to seal its delayed merger with the private utility Suez.

Saskatchewan plans clean coal-carbon capture project
The provincial government in Saskatchewan, Canada, said it will proceed with plans for a seven-year, $1.4 billion ($1.41 billion US) reconstruction and repowering of SaskPower's coal-fired power generation unit at Boundary Dam.

Australian power industry needs $94bn investment: report
Australia's electricity consumption is rising at double the expected rate, leading the power industry to call for up to A$100bn (US$93.9bn) to be invested in new electricity generation and efforts to cut greenhouse gas emissions.

E.ON predicts European nuclear power boom
German nuclear power company E.ON Kernkraft forecasts that 15-20 new nuclear power stations will be built in Europe by 2020.

Darlington nuclear station wins license renewal
The Canadian Nuclear Safety Commission (CNSC) said it will renew Ontario Power Generation Inc.'s Darlington nuclear station power reactor license for five years. The license will be valid from March 1, 2008 until February 28, 2013.

Dubai could turn to coal to meet power demand
Dubai is planning to generate up to 4000 MW of electricity from coal, in the latest sign that a lack of gas is forcing Gulf states to turn to alternative energy sources.

Reliant to sell 830 MW gas-fired plant for $564/kW
Reliant Energy plans to sell the 830 MW, natural gas-fired Channelview cogeneration plant and related contracts to an affiliate of Kelson Energy for $468 million, or $564/kW.

Argentina reaches Lula nuclear deal
Brazil and Argentina, South America's two largest economies, have agreed to develop a nuclear reactor and enrich uranium together to address booming energy demand and looming shortages.

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