News
PacifiCorp loss
PacifiCorp has reported that its trading operations suffered a $51m pretax loss in 2Q as a result of the Midwest`s volatile market. The losses are almost four times what was predicted and are the cause of a 60 per cent drop in the company`s overall earnings.
News
GreenStar goes small
The GreenStar modules of Series 1, with a power output of 70 kWe (J106) and 150 kWe (J156) has been launched to round off the Jenbacher power output range at the smaller end.
News
Azerbaijan
Three contracts have been signed between the Azerbaijan government and foreign oil companies for the development of the country`s oil reserves.
News
Fuel cell agreement
Energy Research Corporation has extended its long term fuel cell license agreement with MTU Friedrichshafen. It will allow the two companies to manufacture and sell each other`s stationary power fuel cell products in their respective regions.
News
Turbine measurement at Connahs Quay
Specialist non-contact temperature measurement equipment for monitoring turbine blades has been supplied to Connah`s Quay power station by Land Infrared.
News
Mining groups to repay aid
The European Commission (EC) has ruled that two German mining groups used state aid to illegally subsidize coal exports. Preussag Anthrazit and Sophia Jacoba have been ordered to repay DM20.35m ($11m).
News
IPP growth reported
Calpine Corp., one of the fastest growing independent power companies in the USA, has reported record second quarter earnings. Net income for the second quarter rose 23 per cent on the same period for 1997, while revenues jumped 109 per cent to $141.6m.
News
Burkina Faso to open energy sector
The government of Burkina Faso is to open the country`s energy sector to private operators. A bill was due to be submitted to parliament last month providing for the liberalization of production and distribution of electricity.
News
International
Slovenia has stopped supplying Croatia with electricity from their jointly-owned Krsko nuclear power plant because Croatia has failed to pay its $14m bill. Croatia has said it will make up for the shortfall by generation from its own capacity.
