Business Briefs

Issue 7 and Volume 102.

Business Briefs

EBARA Corp. of Japan is investing $15 million for a 5.2 percent interest in Ballard Generation Systems plus two 250 kW Ballard Fuel Cell power plants for testing in Japan. Ballard and EBARA are jointly investing $16 million to form a new company to sell, distribute and later manufacture fuel cell power plants in Japan.

Litton Enterprise Solutions has announced contracts to perform Year 2000 assessments at nuclear power stations operated by Omaha Public Power District, Nebraska Public Power District and Washington Public Power Supply System.

Bechtel National Inc. is leading a consortium including Electricité de France and Battelle Memorial Institute, in the $760 million Shelter Implementation Plan to stabilize the damaged structures at Chernobyl Unit 4 in Ukraine.

Edison International has awarded $100,000 in grants to 23 California schools, winners in Edison`s 1998 New Era Award for Excellence competition.

Southern California Edison has been honored by EPRI for contributions to the development of EV charging safety systems.

Nooter/Eriksen has announced orders to supply heat recovery steam generators for five U.S. merchant plants.

Nuclear generation provided 17 percent of the world`s electricity in 1997, little changed from 1996, according to the International Atomic Energy Agency.

Consolidated Edison Inc. has launched a subsidiary, Con Edison Energy, an electric generation and energy supply company to compete in the wholesale market.

Dynegy Inc., formerly NGC Corp., and Florida Power Corp. are creating a power marketing alliance to operate in the wholesale energy markets.

RedZone Robotics of Pittsburgh is designing a 1,000 lb. robot to place sensors and retrieve samples from inside the radioactive sarcophagus at Chernobyl Unit 4.

AES and the Conservation Law Foundation have announced plans to build a 700 MW, gas-fired power plant in Londonderry, N.H.

Scientists at Iowa State University are conducting a $400,000 federally funded research project to develop strategies for trapping mercury in the variety of coals used in power generation.

OGE Energy Corp. of Oklahoma City has established OGE Energy Resources, an energy marketing and trading subsidiary.

DCH Technology Inc. and Los Alamos National Laboratory are signing a cooperative research and development agreement to commercialize a patented Circular Fuel Cell Stack, which uses a proton exchange membrane to convert hydrogen gas to electricity.

Peoples Energy Corp. and Dominion Energy Inc. have announced plans to develop and operate a jointly owned 300 MW, natural gas-fired peaking facility near Elwood, Ill., at an estimated cost of $90 million. The site is set to begin operation in June 1999.

Calpine Corp. has established a long-term lease to develop a 500 MW, gas-fired power plant on the Fort Mojave Indian reservation in Arizona. The site is scheduled to begin production in 2000, delivering power to Arizona, Nevada and California.

KeySpan Energy Corp. and the Long Island Lighting Co. have named their merged energy holding company MarketSpan Corp.

The Eastern Group has changed its name to Statoil Energy Inc. to reflect its status as a member of the Statoil Group.

ARCO has announced the formation of ARCO Integrated Power Inc., a subsidiary to manage the company`s development and operation of generation projects worldwide.

FERC has granted final approval to the merger of Pacific Enterprises and Enova Corp. Corporate shareholders and the NRC have already approved the merger. SEC approval is pending. The merged entity will be renamed Sempra Energy.

Southern Co. and Providence Energy have ended their joint venture, which was pursuing retail customers in New England.

Emerson Electric is paying $265 million in cash plus assuming pension and other liabilities to buy Westinghouse Process Control Division from CBS Corp.

GE Power Systems and Elliott Energy Systems have finalized an agreement for GE to distribute and service Elliott`s new line of microturbines. p