Business Briefs and new business
Marathon Power Co. and DQE Energy Services Inc., both of the US, have formed ElectroGen International, a joint-venture company to pursue electric power generation projects in the Asia/Pacific region.
Liberty MP, a joint venture of Liberty Technologies Inc. and Electricit? de France, has been awarded a (US)$2.8 million order for valve operation testing and evaluation system equipment to support testing at the French utility.
Shandong in eastern China has become the first province in the country to bring electricity to all 22 million households of the 87 million people living there. The accomplishment was celebrated as the country heralded the Year of the Rat. All of Shandong?s 87 million people in 22 million households now have electricity.
Austria has announced plans to introduce a tax on gas and electricity to offset increasing expenditures. Details of the tax were not available, but analysts predict the impact on the country?s energy suppliers will be minimal.