Tagged With Electricity
Gearing up for co-operation
1 July 2003
The European Union (EU) is starting to push the energy chapter of the Euro-Mediterranean Partnership (EMP) – also known as the Barcelona process – with conviction. James Gavin reports
Still in the hunt
1 July 2003
Gas Natural, the Spanish gas distributor, dropped its ambitious Euro25bn ($29.4bn) hostile bid for the power utility, Iberdrola, in May, after the country’s National Energy Commission vetoed the bid. But with some of the more aggressive European players still cash-rich enough to contemplate further acquisitions in the run-up to full European Union (EU) energy liberalisation in 2007, analysts predict more big gas-power tie-ups – whatever the regulatory obstacles national authorities may place in their path, James Gavin reports
Gas growth set to continue
1 July 2003
South Korea consolidated its position as the world’s second-largest importer of LNG, after Japan, last year and the sixth-largest importer of natural gas, both pipeline and LNG. That is no mean feat for a country whose total natural gas imports are in the form of LNG. Derek Bamber reports
Facing up to the challenge
1 June 2003
The principal concerns raised at the International Energy Agency’s (IEA) bi-annual ministerial meeting were the consequences of production cut-offs in Venezuela and Nigeria, rising oil prices, fear of a supply disruption and the war in Iraq. But other events during the period, such as the temporary shutdown of 20 nuclear power plants in Japan, added to the tension. Helen Avati reports
Reform or bust
1 May 2003
Without reform of its energy sector, economic growth in Mexico could suffer. With natural gas demand forecast to continue growing far faster than domestic production and a desperate need for investment in the electricity sector, changes are necessary, writes Derek Brower
Living with market volatility
1 May 2003
The surge in US gas prices this winter was caused by a combination of high demand, because of cold weather, and dwindling domestic production. Further price spikes are expected as the market struggles to deal with a persistent supply/demand imbalance. David Townsend looks at the state of the market
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
Nuclear dilemma
1 March 2003
Despite being one of the world’s largest industrial economies, Germany has one of the lowest per capita carbon dioxide emission rates in the EU. However, the controversial move to scrap nuclear power by 2020 has raised concerns about how easy it will be to replace – concerns that a new government report seeks to address, writes David Townsend
Deregulation on hold
1 February 2003
Half measures
1 January 2003
Enlarged energy
1 January 2003
The arrival of the first wave of new countries acceding to the European Union, in 2004, will change the energy landscape of the continent. David Townsend looks at some of the implications for the natural gas and electricity sectors from these newcomers
Tough times for energy traders
1 January 2003
The fall of Enron has left a trail of devastation in the US energy-trading market, with several other companies struggling to stay afloat. Almost every entity in the industry, innocent or otherwise, has been caught up in the chaos created by principals who honoured profits over principles, Anne Feltus reports
New wind blows in US power
1 January 2003
The US has a reputation as a hydrocarbons guzzler, but wind-power projects are coming to the fore as the country looks to increase electricity supply from renewable sources, Anne Feltus reports