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Industry News 2008 P3



Pakistan minister says private sector will add 3480 MW by 2010
The private sector will add a total of 3480 MW to the national grid to overcome prevailing power crisis in the country, said Pakistan Water and Power Minister Raja Pervez Ashraf on Saturday.

Brazil's Petrobras plans to boost production of thermal electricity
Brazilian state-controlled energy giant Petrobras said new natural gas finds and an increased number of pipelines will allow it to consolidate its position as the country's leading generator of thermal electricity.

Carbon market analyst raises 2009-2012 EU allowance price forecast
Point Carbon predicts that European carbon prices will rise to €37 per tonne on average over the 2009-2012 period, an increase of €3 from previous forecasts.

Detroit Edison Submits Application for Possible New Nuclear Plant
Detroit Edison officials today submitted to the U.S. Nuclear Regulatory Commission a combined license application for a possible new nuclear power plant at the site of the company's existing nuclear plant near Newport, Mich.

Warren Buffett to buy Constellation Energy Group
MidAmerican Energy Holdings Company and Constellation Energy today announced the companies have reached a tentative agreement in which MidAmerican will purchase all of the outstanding shares of Constellation Energy

GE restarts its 123 MW New Jersey 'Energy Center'
GE Energy Financial Services has restarted and successfully completed the first operating season of its 123 MW Parlin Energy Center in northeastern New Jersey.

Denmark and the Netherlands to investigate establishing a power link
Transmission system operators Energinet.dk in Denmark and TenneT in the Netherlands are to investigate the opportunity of establishing a power link between the two countries, writes the Danish Energy Association in its daily newsletter.

UK government: New nuclear is indispensable
The UK has pledged maximum support for new nuclear power stations at the first meeting of the Government's new Nuclear Development Forum.

UK institute wins £5m nuclear legacy
Britain's bid to tackle a shortage of expertise in the field of nuclear energy has been given a boost after the University of Manchester announced a £5m ($9m) endowment intended to generate millions in new funding.

Congress debates repairing CAIR
With Congress set to adjourn for the elections soon, legislators are attempting to compromise on how best to regulate emissions from power plans following a federal appeals court's decision to vacate the Clear Air Interstate Rule.

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