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Industry News 2008 P9



EU presses Spain over Endesa bid
European competition regulators have stepped up their threat to take Spain to the European courts over the country's refusal to drop conditions placed on the €42.5bn ($66bn) takeover of Endesa, the energy group, by Italy's Enel and Spain's Acciona.

Mitsubishi Power Systems launches European subsidiary
Mitsubishi Power Systems Europe has launched its European Headquarters in London, where it has been established as the European subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI).

Chile, Argentina Reach Agreement On Salta Power Plant Output
The Chilean and Argentine governments agreed Wednesday to maintain AES Gener SA's Salta power plant shipments to both countries, instead of redirecting all of the plant's output to Argentina, the Chilean Energy Ministry said.

IBM advances CPV cooling technology
IBM said it developed a concentrator photovoltaics (CPV) cooling technology that can cool a solar cell from greater than 1,600 degrees Celsius to 85 C.

NRC approves power uprate for Hope Creek Nuclear Plant
PSEG Nuclear said the Nuclear Regulatory Commission approved a 15 percent uprate to its Hope Creek nuclear plant in New Jersey.

Energy companies fear renewables bubble
One-half of the world's energy leaders are concerned that a bubble may be developing in the renewable technology sector, according to a survey released yeserday by KPMG International.

NERC projects reliable electricity throughout the summer
The outlook for electricity reliability for the coming summer season is generally good according to the North American Electric Reliability Corporation in its annual 2008 Summer Reliability Assessment.

UK nuclear industry cautions against foreign ownership
The chairman of the UK Nuclear Industry Association said today that sale of the government's share in nuclear generator British Energy to French state-owned firm EDF would be "undesirable", but insisted that the industry should embrace nuclear technologies developed and approved abroad.

Wind can supply 20 per cent of US power, says DOE
The Energy Department said yesterday that the United States has the ability to meet 20 per cent of its electricity-generation needs with wind by 2030, enough to displace 50 per cent of natural gas consumption and 18 per cent of coal consumption.

Nuclear chief to head Russia's energy ministry
Russian Prime Minister Vladimir Putin has picked Sergei Shmatko, head of a company that builds nuclear reactors worldwide, including for Iran, as the new energy minister, in a move that could lend more emphasis to atomic power.

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