Entergy Corporation announced Thursday that it has completed the sale of its minority interests in fossil fuel and hydroelectric generating facilities in Argentina, Chile, and Peru to Southern Cone Power.
Electricité de France (EDF) says it is to reorganize into geographical units for its overseas business plus two domestic operational divisions, with the aim of improving performance and creating synergies between its activities.
London Jan 2 - London Electricity Group plc (LE Group) said Monday it had completed the acquisition of the West Burton coal-fired power station in Nottinghamshire. The necessary regulatory approval has been granted and the station has now transferred over to L E Group from previous owners TXU.
When the new 705 MW combined cycle gas turbine AES Ironwood power plant near Lebanon, Pennsylvania, USA recently went on-line, AES had again taken into account the absolute criticality of its turbine-bypass system design and selected advanced technology valves for all stages of this severe steam power generation service.
The Huntstown power station is the first independent combined cycle gas turbine power project to be developed in Ireland following deregulation of the electricity market. The 343 MW plant will start operating in 2002.
The explosion at Enron's Teeside CCGT power plant yesterday has claimed a third life. A plant worker died this morning having being admitted to Middlesbrough General Hospital with severe burns following the blast and fire.
New Zealand's parliament will today debate urgent reforms to the Electricity Industry Bill despite comments by Energy Minister Pete Hodgson that the country is not facing an energy crisis. The proposed amendments would give the government powers to regulate, if the industry cannot do so itself, but in any event, consumers are being urged to cut back on electricity usage.
Electricity generator International Power, today announced that it had completed the acquisition of the Rugeley coal-fired power station from US-owned TXU Europe. The deal adds a further 1000 MW generating capacity to the 9900 MW currently operated by International Power.
Royal Dutch Shell, Exxon - Mobil and BP have announced major shareholdings in three integrated energy projects in Saudi Arabia that will attract investments of $25bn. The projects represent the first foreign investment in Saudi's gas sector for 25 years.