Merger mania rages among electric utilities worldwide

1995 saw an unprecedented number of mergers and acquisitions that started to reshape the worldwide electricity sector. One year later, and maybe one year wiser, we see that what started as a rush has now turned into a steady flow.

EdF tops ranking of european markets

Electricite de France (EdF) is rated number one in a recent ranking of the league of European electricity generators, with a revenue of (US)$36.4 billion, according to the study by MarketLine, an international research organization (see table). Italy`s ENEL came in second, while the two German utilities RWE Energie and PreussenElektra ranked third and fourth in terms of size. The largest utility from a competitive environment is the UK`s National Power.

Business briefs and new business

Edison Electric Institute has announced the first winners of the international "Common Goals" awards program. Korea Electric Power Corp., Alberta Power Ltd. and Tokyo Electric Power Co. were honored for their support and involvement with their customers and communities.

Central and Eastern Europe must add new capacity to grow economically

Although there is a need for new capacity, some power projects are not feasible and financing will be difficult

German power plant equipment manufacturers look toward international markets

German producers of electric power plant equipment are looking more at the international markets. After the modernization of 4,000-MW power plants in the eastern part of Germany and the construction of approximately 10,000 MW of new capacity, there is a foreseeable slack period for the order books. In addition, Western Germany had no need for the additional capacity of new coal-fired plants. However, there is still a need for building small cogeneration units with gas engines and gas turbines

Europe gives priority to reducing power plant NOx and SOx emissions

Cleaning up the environment is a major reason that Europe`s electric generating companies are installing scrubbers, low-NOx burners and AFBC

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