The contract was awarded by the Lease-Holding Company Coal Mine Named After A.F. Sasyadko, headquartered in Donezk, in southeastern Ukraine. Coal mine gas will power 22 GE Jenbacher JMS 620 GS-S.LC cogeneration systems to generate 131 MW of electrical and thermal output. The heat and power will support operations at three Sasyadko sites inside and near Donezk.
4 May 2004 – Global Insight, Inc., the private company that brought together DRI and WEFA, the economic analysis, forecasting and financial information companies, have announced the release of its annual European Power Price Report. The report found that the impact of the European Union Emissions Trading Scheme (EU ETS), while increasing electricity prices in all major European markets, will be materially different across these countries due to their very different mixes of generating plants.