Power generation
Unnatural end for Iberdrola takeover
29 May 2003
What would have almost certainly been the biggest takeover bid in Europe this year has crashed down in flames as Spain's energy regulator rejected Gas Natural's $17.1 billion (215.3 billion euros) bid for electricity company Iberdrola.
Deals aplenty in UK arena
29 May 2003
UK Gas and electricity utility Centrica has raised its generation capacity to nearly 2,000 MW with the purchase of the 229 MW Roosecote gas-fired station in Cumbria.
ABB: the dust refuses to settle
29 May 2003
ABB's tempestuous saga continues with the company's announcement that its net debt climbed by $1 billion in the first quarter of 2003, while its $1.2 billion asbestos court case settlement has been deferred.
Question: will 5+5 add up for UES?
29 May 2003
Russia's national power group UES, the world's largest utility by installed capacity, looks set to be carved up with the government's approval for the project this month.
Eight Enron executives charged
29 May 2003
The ongoing Enron investigation has taken its biggest step forward with charges being laid against eight former executives of the shamed energy giant.
Good times and bad as Alstom gets sell-off, makes cuts
29 May 2003
Embattled engineering group Alstom has received a much-needed boost by selling a number of its businesses to Siemens in a deal worth a total 1.1 billion euros ($1.2 billion).
House and Senate process rival Energy bills
29 May 2003
The US House of Representatives has passed its much-discussed energy bill, voting 247-175 in favour after two days of debate.
Fulfilling the promise
1 May 2003
SOUTH AMERICA is emerging as one of the world’s fastest-growing markets for natural gas. It has attracted significant investment from exploration and production (E&P) through to gas-fired power generation. However, meeting forecasts for production and consumption growth will depend on countries’ ability to attract foreign investment, says a new report from the International Energy Agency (IEA)*. David Townsend reports
Getting there
1 April 2003
Progress in commercialising hydrogen technology is advancing rapidly. Stationary fuel cells could be supplying domestic energy needs as early as next year, while hydrogen-powered cars could be on sale by the end of the decade. Tom Nicholls reports
Power developers go back to brass tacks
1 April 2003
The collapse of Enron and the electricity crises in the US in 2001 have forced the country’s power developers to reconsider their priorities. Several are backing away from major projects in regions such as the Middle East, but they may be shooting themselves in the foot, writes James Gavin
Market movements
1 February 2003
The UK gas and power industries have undergone another huge upheaval in the last year, trying to cope with the impact of changes in trading arrangements and the fallout from Enron. Against that background, the merger of National Grid and Transco has been accepted calmly by a market reeling from change. Liz Bossley and Jennifer Anderson, of CEAG, investigate
Deregulation on hold
1 February 2003