Power Engineering International articles from July 2002

Power Engineering International archives from July 2002

Reality check. (Up Front).(progress of European power market liberalization)(Brief Article)
July 1, 2002... European market liberalization: is it real or are we just paying lip service to it? It was one of the questions which sparked a hot debate at this years' Power-Gen Europe in Milan. The event was the ideal setting for tackling the many the...

UES to sell Northwest stake. (Around the Globe: International).(Unified Energy Systems to sell stake in Northwestern Combined Heat and Power plant)(Brief Article)
July 1, 2002... The board of directors of Russian electricity monopoly Unified Energy Systems (UES) agreed to sell a 25 per cent share plus one share in the Northwestern Combined Heat and Power plant through a tender, worth an estimated $125m. UES said...

Africa to build 'Three Gorges' hydro plant. (Around the Globe: International).(Brief Article)
July 1, 2002... One of the major Chinese contractors of the world's largest hydropower project has won the bidding to build the largest hydropower project in Africa worth $224m. The project will equal the scale of China's Three Gorges project itself, and...

US company eyes Kenya transmission investment. (Around the Globe: International).(Power Engineers to do feasibility study)(Brief Article)
July 1, 2002... Power Engineers, a US-based engineering company, will perform a feasibility study of four high-priority power transmission projects in Kenya. The study will be funded by a grant to the Kenya Power and Lighting Company (KPLC) from the US Trade...

Poland selects German group to buy top power utility. (Around the Globe: International).(Brief Article)
July 1, 2002... Poland has picked E.ON as the preferred bidder for the G-8 utility group, said Economy Minister Jacek Piechota. The consortium, which also includes E.ON's east German subsidiary c.dis Energie Nord, will hold exclusive negotiations over a...

GE supplies Turkey with new GT offering. (Around the Globe: International).(GE Power Systems' gas turbines ordered for power plant in Turkey)(Brief Article)
July 1, 2002... The first units of GE Power Systems' new MS6001C gas turbine product offering are to be installed at a power plant in Turkey. GE launched the new machine, a 40 MW-class unit ideal for cogeneration applications, at Power-Gen Europe in Milan. ...

Czech state gives CEZ the nod. (Around the Globe: International).(CEZ gets okay to take over regional electricity distributors)(Brief Article)
July 1, 2002... The Czech government, the main shareholder in power utility CEZ, gave the firm's management the go-ahead for the long-awaited takeover of regional electricity distributors worth $650m. The government told the firm's general meeting that...

The Algerian government. (News Digest: Algeria).(opens electricity and gas utilities to foreign investment)(Brief Article)
July 1, 2002... The Algerian government has opened its electricity and gas monopoly to foreign investors in preparation for the liberalization of its domestic power market. Sonelgaz, which is the country's state-owned gas distributor had been under state...

Bahrain is considering the privatization of its electricity sector. (News Digest: Bahrain).(Brief Article)
July 1, 2002... Bahrain is considering the privatization of its electricity sector. The announcement was made following the Economic Development Board chaired by the Crown Prince Sheikh Salman bin Hamad Al Khalifa.

The Lituanian government. (News Diegest: Lithuania). (to close Ignalina nuclear power plant).(Brief Article)
July 1, 2002... The Lithuanian government agreed in principle to close down the Soviet-built Ignalina nuclear power station's RBMK reactors by 2009 following years of pressure from the EU. The precise amount of aid required for the operation -- estimated to...

A consortium led by Total Energie and comprising shareholders TotalFinaElf. (News Digest: Morocco).(rural solar power electrification project for Morocco)(Brief Article)
July 1, 2002... A consortium led by Total Energie and comprising shareholders TotalFinaElf, through its subsidiary Total Maroc and Electricite de France, has been awarded a contract for a rural solar power electrification programme covering 16 000 households...

ABB. (News Digest: Romania).(contract to build in Romania)(Brief Article)
July 1, 2002... ABB has won a $37m contract in Romania to engineer and build a high voltage substation to transmit power from Slatina, in the southern part of Romania, to consumers 250 km to the east in Bucharest, and nearby Airo.

The Romanian state has approved an energy development strategy. (News Digest: Romania).(Brief Article)
July 1, 2002... The Romanian state has approved an energy development strategy for the period to 2015 including the construction of new power generation capacity and the modernization of thermal, hydro and nuclear power stations.

The reactor of the first block of the Temelin nuclear power station. (News Digest: Russia).(100 per cent capacity)(Brief Article)
July 1, 2002... The reactor of the first block of the Temelin nuclear power station in southern Bohemia has reached 100 per cent capacity and is producing 980 MW of electricity. The first block was approved for trial operation in the first half of .June but...

Two Russian enemy groups, EES Rossil and the natural gas major Gazprom. (News Digest: Russia).(sell Pskov power station interests)(Brief Article)
July 1, 2002... Two Russian enemy groups, EES Rossil and the natural gas major Gazprom, have decided to sell off their interests in the Pskov regional power station. EES will sell its 25 per cent stake and retain 25 per cent and Gazprom, which controls the...

The Slovak government. (News Digest: Slovakia).(sells stakes in electricity distributors)(Brief Article)
July 1, 2002... The Slovak government approved the sale of 49 per cent stakes in three separate electricity distributors to foreign investors. After a three-week delay, the cabinet approved the sale of Zapadoslovenska Energetika to EON for [euro]330m,...

Italenergia move raises spectre of EDF control. (Around the Globe: Europe).(capital restructuring would allow Electricite de France stake increase)(Brief Article)
July 1, 2002... Italenergia, the Italian energy company controlled by Fiat and Electricite de France (EDF), is pushing ahead with a proposed capital restructuring as part the debt-reduction exercise initiated by Fiat, needed to ease its own cash problems. The...

Finnish Parliament approves nuclear power project. (Around the Globe: Europe).(Teollisuuden Voima Oy)(Brief Article)
July 1, 2002... Finland's Parliament has voted by a margin of 107 to 92 to approve an application to build the country's fifth nuclear reactor giving the applicant, Teollisuuden Voima (TVA), five years in which to apply for a construction permit. The vote...

VA Tech T&D wins order to supply UK's largest cogen plant. (Around the Globe: Europe).(VA Tech Transmission and Distribution to supply Conoco Ltd.)(Brief Article)
July 1, 2002... VA Tech Transmission & Distribution has secured contracts valued at around [euro]40m to supply equipment at the planned Conoco CHP plant to be built in North Lincolnshire, UK. The plant is to supply electricity and steam to nearby refineries as...

HEW joins Vattenfall Europe. (Around the Globe: Europe).(Hamburgische Electricitats-Werke AG acquires 25.1% stake)(Brief Article)
July 1, 2002... The City of Hamburg has exercised its option to sell its 25.1 per cent stake in utility HEW to Vattenfall for [euro]869m. It has also agreed to the restructuring measures on the formation of Vattenfall Europe on condition that certain business...

EDF snaps up UK's Seeboard. (Around the Globe: Europe).(Electricite de France's London Electricity Group)(Brief Article)
July 1, 2002... American Electric Power (AEP) has signed an agreement to sell Seeboard, its retail electricity and gas supply and electricity distribution subsidiary in the UK, to London Electricity Group plc (LE Group), which is owned by Electricite de France...

Enel orders GTs. (Around the Globe: Europe).(Enel Produzione buys gas turbines)(Brief Article)
July 1, 2002... Enel Produzione has chosen GE MS9001FA gas turbines to convert seven of its thermal power stations into combined cycle plants. Efficiency improvements of around 40 per cent will be achieved at the plants, which have outputs ranging from 800 to...

Royal Dutch/Shell. (News Digest: Belgium).(aims to build wind turbine park)(Brief Article)
July 1, 2002... Royal Dutch/Shell has applied to the Belgian government to build an offshore wind turbine park reported to require an investment of [euro]600m ($582m). Shell WindEnergy is currently evaluating wind projects in Europe with total capacity of 3000...

Atlanta-based IntercontinentalExchange. (News Digest: Europe).(offers service in French, German, and UK power markets)(Brief Article)
July 1, 2002... Atlanta-based IntercontinentalExchange has launched over-the-counter trading in physical forward and option contracts for the UK, German and French power markets and is to extend its clearing services to the OTC UK natural gas and European...

The French regulator CRE. (News Digest: France).(choice of energy supplier threshold lowered)(Brief Article)
July 1, 2002... The French regulator CRE is to lower the threshold at which large energy consumers can choose their supplier. From 19 February 2003, some 800 customers will be eligible to participate in an open market, representing an increase from 30 per cent...

TXU. (News Digest: Germany).(acquires 74.9% stake in Braunschweiger Versorgungs AG)(Brief Article)
July 1, 2002... TXU has paid [euro]439m for a 74.9 per cent stake in Braunschweiger Versorgungs AG, a subsidiary of Stadtwerke Braunschweig which supplies 210 000 customers in the Braunschweig area, 70 km east of Hanover.

The German Cartel Office. (News Digest: Germany).(investigation into Berliner Kraft-und Licht AG charges)(Brief Article)
July 1, 2002... The German Cartel Office has opened an enquiry into possible market abuse by the Vattenfall-owned utility, Bewag after accusations that it is charging too much for third party access to its networks.

The first six geothermal steam turbogenerators ordered by Enel GreenPower. (News Digest: Italy).(Brief Article)
July 1, 2002... The first six geothermal steam turbogenerators ordered by Enel GreenPower and supplied by GE Oil & Gas will be in operation by the end of this year at plants in the Pisa and Tuscany regions. The GE machines are part of a [euro]85m ($82.5m)...

Intergen is reviving a project to construct a combined cycle power plant at Catadau, Valencia. (News Digest: Spain).(Brief Article)
July 1, 2002... Intergen is reviving a project to construct a combined cycle power plant at Catadau, Valencia. The 1200 MW project is being revived under an agreement with the National Energy Commission.

The renewable energy division of Endesa has begun operating Spain's first electricity plant powered by olive biomass. (News Digest: Spain).(Brief Article)
July 1, 2002... The renewable energy division of Endesa has begun operating Spain's first electricity plant powered by olive biomass. The plant has an installed capacity of 16 MW.

The UK government has announceda [pounds sterling]2.3m ($3.5m) grant for Wavegen. (News Digest: UK).(construction of shallow water wave generation devices)(Brief Article)
July 1, 2002... The UK government has announced a [pounds sterling]2.3m ($3.5m) grant for Wavegen to develop three shallow water wave generation devices off the Western Isles of Scotland.

A report for the British government by the Office for Civil Nuclear Security. (News Digest: UK).(Brief Article)
July 1, 2002... A report for the British government by the Office for Civil Nuclear Security says that staff shortages and security problems are hampering attempts to protect nuclear power plants from terrorist attack.

The UK government's long-awaited draft plan to promote CHP production. (News Digest: UK).(combined heat and power)(Brief Article)
July 1, 2002... The UK government's long-awaited draft plan to promote CHP production does not go far enough, according to the CHP Association. The raft of measures includes tax breaks and changes to licensing rules.

Delayed Ilijan project powers up Luzon grid. (Around the Globe: Asia-Pacific). (Philippines).(Brief Article)
July 1, 2002... The Luzon grid in the Philippines will finally be supplied with 1200 MW of power from the Ilijan power plant that was initially due to start powering up at the beginning of 2002. The delay in the project was due to contractors experiencing...

Na Hang breaks ground. (Around the Globe: Asia-Pacific).(Vietnam)(Brief Article)
July 1, 2002... Ground breaking of a 42 km road that will provide access to the 300 MW Na Hang hydropower plant situated on the northern Lo river system in Vietnam, began last month. The project to build the Na Hang facility in the highland province of...

Contract for fourth Phu My power plant is sealed. (Around the Globe: Asia-Pacific). (Vietnam).(Brief Article)
July 1, 2002... A contract for building a 450 MW, $45m thermal power plant in Vietnam's southern Ba Ria-Vung Tau province was inked in Ha Noi last month. Construction of the Phu My Thermo plant four will be split into three 150 MW units and will start this...

VA Tech bags China storage contract. (Around the Globe: Asia-Pacific).(VA Tech Hydro builds plant for Zhejiang Provincial Electric Power Company)
July 1, 2002... VA Tech Hydro has signed a major new contract, valued at more than [euro]90m ($88.8m), to build a 1300 MW pumped storage plant in Tongbai, China for Zhejiang Provincial Electric Power Company. The plant, being developed on behalf of Tongbai...

Singapore eyes autumn launch. (Around the Globe: Asia-Pacific).(Energy Marker Authority)(Brief Article)
July 1, 2002... The Singapore power regulator and the Energy Marker Authority have said that the new wholesale power trading system was ready for market testing and on track to be launched in September or October this year. The wholesale power trading...

Indonesia IPP projects to restart. (Around the Globe: Asia-Pacific). (independent power producers).(Brief Article)
July 1, 2002... Indonesia's Ministry of Energy and Mineral Resources was due in June to issue a decree to allow independent power producers (IPPs) to restart their stalled power projects. The government suspended some 21 power projects worth around $10bn...

Michelago, Australia's minerals explorer, and ANZ Bank. (News Digest: Australia).(wind projects)(Brief Article)
July 1, 2002... Michelago, Australia's minerals explorer, and ANZ Bank have said they plan to pursue Australian and international wind projects through a trust which could list within two years.

Cambodia inaugurated a $26m hydroelectric power plant in Southern Kompong Speu province. (News Digest: Cambodia).(financing from CETIC)(Brief Article)
July 1, 2002... Cambodia inaugurated a $26m hydroelectric power plant in Southern Kompong Speu province after a year of construction. The 53 GWh/year plant, named Kirirom, was built under a BOT scheme with funds coming from China's private electricity company,...

Two regional power grids in China were connected in May. (News Digest: China).(Sichuan-Chongqing and grid networks)(Brief Article)
July 1, 2002... Two regional power grids in China were connected in May, marking the first step in the nation's ambitious move to transmit hydropower from the west to the east. The Sichuan-Chongqing grid network, which covers Southwest China's Sichuan province...

The first two generators at the Ling'ao Nuclear Power Plant in Shenzhen, Guandong Province. (News Digest: China).(Brief Article)
July 1, 2002... The first two generators at the Ling'ao Nuclear Power Plant in Shenzhen, Guandong Province, began commercial operations in May, after passing a series of official tests.

Fuel cell company, H Power announced the installation of a propane distributor in Japan serving a group of 80 000 consumers. (News Digest: Japan).(Brief Article)
July 1, 2002... Fuel cell company, H Power announced the installation of a propane distributor in Japan serving a group of 80 000 consumers. This marks the first field test of a propane-powered proton exchange membrane system for an actual load in the Japanese...

The South Korean government. (News Digest: Korea).(Kangwon WindPower Co. plans to build wind power plant)(Brief Article)
July 1, 2002... The South Korean government has approved Kangwon WindPower Co.'s plan to build a wind power complex with a capacity of 99 MW.

Pakistan's Water and Power Development Authority. (News Digest: Pakistan).(issues contract to CWHEC-HPE)(Brief Article)
July 1, 2002... Pakistan's Water and Power Development Authority has awarded an engineering, procurement and construction contract for the Gomal Zam Dam project to CWHEC-HPE, a joint venture of two Chinese firms. The National Development Consultants have...

Siemens is to provide at a coat of [euro]1. 8m an electricity distribution dispatching centre to the Thai Island of Phuket. (News Digest: Thailand).(Brief Article)
July 1, 2002... Siemens is to provide at a coat of [euro]1. 8m an electricity distribution dispatching centre to the Thai Island of Phuket under an agreement signed between the European Union and Thailand's Provincial Electricity Authority.

Work on construction of the Se San 3 hydropower plant in the central highland province. (News Digest: Vietnam).(Electricity of Viet Nam and the Song Da Construction Corporation)(Brief Article)
July 1, 2002... Work on construction of the Se San 3 hydropower plant in the central highland province of Gia Lai was started last month by Electricity of Viet Nam and the Song Da Construction Corporation.

China Harbin Power Engineering has won the bidding to build the $85.5m Cao Ngan power plant. (News Digest: Vietnam).(Brief Article)
July 1, 2002... China Harbin Power Engineering has won the bidding to build the $85.5m Cao Ngan power plant. Harbin Power will construct two 50 MW thermal generating units.

Enron fallout spreads. (Around the Globe: Americas).(other energy company stocks)(Brief Article)
July 1, 2002... The consequences arising from the collapse of Enron continue make the news with a stream of high-profile energy trading companies becoming subject to official inquiries and employees of accountants Anderson being convicted of obstructing...

Setback for Mexico power reforms. (Around the Globe: Americas).(Brief Article)
July 1, 2002... Attempts by Mexico's president Vincente Fox to open up the country's electricity market and encourage private investment have been dealt a blow following the decision by Mexico's Supreme Court to overturn the presidential decree raising the...

Board resignations hamper Ontario Hydro One grid sale. (Around the Globe: Americas).(Brief Article)
July 1, 2002... The Ontario government's plan to proceed with the sale of Hydro One, the province's C$5.5bn ($3.6bn) electricity grid, is in doubt following the resignation of the entire board in a dispute with the provincial government over executive...

Sale sparks riots. (Around the Globe: Americas).(Egasa and Egesur to Tractebel)(Brief Article)
July 1, 2002... The sale of two of Peru's electricity generating companies to Tractebel has sparked protests in the main square of Peru's second city, Arequipa. Egasa and Egesur were sold to Tractebel for $167.4m but locals fear high electricity bills and jobs...

GE Power Systems wins first Guatemala IPP hydro project. (Around the Globe: Americas).(independent power producer)(Brief Article)
July 1, 2002... GE Power Systems has won a $9.9m contract to supply complete 'water-to-wire' equipment for a new hydroelectric power project in Guatemala. The 40 MW El Canada hydroelectric project will be GE's first for an independent power producer in...

Alstom and Transelec. (News Digest: Chile).(contract for turnkey series capacitor system)(Brief Article)
July 1, 2002... Alstom and Transelec, Chile's main high voltage transmission operator, have won a [euro]92m ($91m) turnkey series capacitor system contract to strengthen Chile's transmission grid.

Economic conditions have forced the Cuban government. (News Digest: Cuba).(to reduce power consumption)(Brief Article)
July 1, 2002... Economic conditions have forced the Cuban government to order state-run companies and other government operations to cut back power consumption by ten per cent in order to reduce the import of fuel oil.

President Hipolito Mejia has ordered the renegotiation of power contracts entered into by the previous Dominican Republic administration. (News Digest: Dominican Republic).(Brief Article)
July 1, 2002... President Hipolito Mejia has ordered the renegotiation of power contracts entered into by the previous Dominican Republic administration in order to get idle power plants back into operation at affordable rates and solve the country's...

The Corporacion Dominicana de Electricidad (CDE) has signed a contract with KEMA Consulting. (News Digest: Dominican Republic).(Brief Article)
July 1, 2002... The Corporacion Dominicana de Electricidad (CDE) has signed a contract with KEMA Consulting to perform a fibre optic study and to prepare a solicitation document for CDE to attract foreign investors.

The winner of the auction for Ecuadorean power company, Emelec, will have to invest at least $100m over the next ten years. (News Digest: Ecuador).(Brief Article)
July 1, 2002... The winner of the auction for Ecuadorean power company, Emelec, will have to invest at least $100m over the next ten years. A minimum bid price of $130m has been set for the much-delayed privatization.

Skoda Praha is in talks with the Mexican state utility CFE over contracts potentially worth $200m as part of the construction. (News Digest: Mexico).(Federal Commission of Electricity)(Brief Article)
July 1, 2002... Skoda Praha is in talks with the Mexican state utility CFE over contracts potentially worth $200m as part of the construction of the $1bn El Cajon hydroelectric power station. Skoda recently signed a contract with Genermex of Mexico for the...

Spanish energy group Endesa has entered the Mexican market. (News Digest: Mexico).(Brief Article)
July 1, 2002... Spanish energy group Endesa has entered the Mexican market via an agreement with Mexico's CFE which initially will concern telecoms projects but may soon extend to electricity and renewable energy projects.

Dessau-Soprin, a Montreal-area energy engineering company, has been awarded a rural electrification. (News Digest: Peru).(Brief Article)
July 1, 2002... Dessau-Soprin, a Montreal-area energy engineering company, has been awarded a rural electrification contract by the Peruvian government worth $240m.

ABB. (News Digest: Venezuela).(contract with Edelca)(Brief Article)
July 1, 2002... ABB has won three contracts worth $44m from Venezuelan state-owned power company Edelca to provide a power transmission system that will extend the country's power system and increase its power supply by more than ten per cent. ABB will build a...

A consortium of Duke/Fluor Daniel and Babcock Borsig Power has won a contract to supply a selective catalytic reduction system. (News Digest: USA).(Brief Article)
July 1, 2002... A consortium of Duke/Fluor Daniel and Babcock Borsig Power has won a contract to supply a selective catalytic reduction system for the 2240 MW Belews Creek Steam Station in North Carolina.

Vericor widens power offering in US markets. (Around the Globe Companies).(Brief Article)
July 1, 2002... Vericor Power Systems of Atlanta, Georgia and Manchester, UK-based ENER-G Group announced the signing of a memorandum of understanding at Power-Gen Europe in Milan last month. The two companies will cooperate within the US market where Vericor...

SEC approves E.ON's takeover of Powergen. (Around the Globe Companies).(Brief Article)
July 1, 2002... The US Securities and Exchange Commission has ruled on EON's acquisition of Powergen granting the German utility conditional approval for the deal which will create the world's largest investor-owned energy service provider. The SEC...

World's largest gas engine launched. (Around the Globe Companies).(Wartsila)(Brief Article)(Product Announcement)
July 1, 2002... Wartsila has launched a new four-stroke dual-fuel engine, the 50DF, that can be run on either natural gas or light fuel oil (LFO). The engine is the largest of its type in the world, and the Helsinki-based company sees cogeneration as its...

Decentralized energy group formed. (Around the Globe Companies).(World Alliance for Decentralized Energy)(Brief Article)
July 1, 2002... A group of major companies and national associations have launched WADW, the World Alliance for Decentralized Energy, to bring about change in the way the world makes electricity by improving efficiency and reducing pollution. The group will...

Orders up at VA Tech Hydro. (Around the Globe Companies).(Brief Article)
July 1, 2002... VA Tech Hydro reported a 66 per cent increase in orders during 2001 and profits for the period of [euro]16.8m ($16.4m). Order intake stood at [euro]1.06bn although with a large number of uncleared orders, recorded sales were down at [euro]671m....

ABB sustainability targets set. (Around the Globe Companies).(Brief Article)
July 1, 2002... ABB has published a report on its sustainablity performance in 2001 in which it claims to be well ahead of its target to reduce greenhouse gas emissions by one per cent over five years. The report outlines how ABB is aiming to improve its...

Alstom division. (News Digest).(Brief Article)
July 1, 2002... Alstom has created a new energy automation and information business within the company's T&D sector. The business will focus on the market for digital equipment and brings together its Protection and Control and Energy Management and Markets...

Enel shortfall. (News Digest). (financial results in first quarter of 2002).(Brief Article)(Statistical Data Included)
July 1, 2002... Enel's group profits for the first quarter fell nearly [euro]100m to [euro]279m ($97.8m to $273m) with both sales and pre-tax earnings also lower. The results fell short of market forecasts. The government has named Piero Gnudi as the next...

Hess/Kirell. (News Digest). (Hess Microgen's contract with Kirrell Energy Systems).(Brief Article)
July 1, 2002... Kirrell Energy Systems has signed a four-year Preferred Supplier Agreement with Hess Microgen. The Kirrell system, when bundled with the Hess Microgen cogeneration system, is expected to increase the efficiency of of Hess system by 20 per cent....

Kvaerner Encore. (News Digest).(Kvaerner's Power Division marketing)(Brief Article)
July 1, 2002... Kvaerner's Power Division is to market its product range for sustainable energy solutions under the name Encore.

Mirant auditors. (News Digest). (KPMG).(Brief Article)
July 1, 2002... Mirant has appointed KPMG as the company's independent auditor to replace Andersen. Mirant said that recent developments at Andersen has prompted them to invite bids for accounting services.

Mott MacDonald links. (News Digest). (contract with Franklin and Andrews).(Brief Article)
July 1, 2002... Engineering and management consultant Mott MacDonald and capital project consultant Franklin & Andrews - each with core businesses in the energy sector - have joined forces to expand the project delivery capabilities of both companies.

Nexans restructures. (News Digest).(Brief Article)
July 1, 2002... Cable specialists Nexans has announced the acquisition of Petri, a Germany-based business which designs and manufactures accessories for power cables. Nexans also said it has sold the Swiss company Agro AG, a manufacturer of equipment for...

Nordex advances. (News Digest). (contracts for wind turbines).(Brief Article)
July 1, 2002... German wind technology firm Nordex has signed contracts for 50 wind turbines worth [euro]44m ($43m) as it moves into the second half of its financial year. Nordex has also taken a majority stake in Natcon7, a company it has established to...

RWE/Innogy. (News Digest). (acquisition).(Brief Article)
July 1, 2002... RWE's acquisition of Innogy has been completed with RWE's offer of 275p ($4.14) per share accepted by 83 per cent of Innogy shareholders. Dr. Juergen Dennersmann joins the Innogy board as Chief Integration Officer.

Veag improves. (News Digest). (financial performance).(Brief Article)
July 1, 2002... Veag, the east German power producer, said it expects to return to profit by 2004. It reported a reduced loss for 2001 of [pounds sterling]131m ($197m)

A ray of light for Asia? (News Analysis).(electricity supply and demand)(Brief Article)(Statistical Data Included)
July 1, 2002... In spite of economic recession, electricity demand continues to grow in many Asian countries. Together with plans for deregulation, this translates into investments opportunities in one or two key markets. With the USA's market bublle...

Will the free market prevail? (Mexican Power Market).(Brief Article)(Statistical Data Included)
July 1, 2002... Plans for the reform of Mexico's electricity market continue to stall on political opposition. Can a compromise be reached to pave the way for much-needed capacity expansion? In April the Supreme Court of Justice dealt a blow to President...

A problem shared. (Transmission & Distribution).(Malaysia and Thailand study electric power distribution deal)
July 1, 2002... Despite the economic standstill that has hindered Asia, plans to reinforce a power interconnection link that can transfer 300 MW between Thailand and Malaysia have progressed. PEi catches up with the latest developments. It has long been...

Mexican merchants. (Merchant Projects).(Statistical Data Included)
July 1, 2002... Mexico is emerging as a key market for international power developers. InterGen now has three key projects in the country including La Rosita and Bajio. It is IPPs such as these which will help Mexico meet its growing power needs. In...