http://www.waterpowermagazine.com/story.asp?sectioncode=130 <http://www.waterpowermagazine.com/story.asp?sectioncode=130&storyCode=20469 35> &storyCode=2046935 Romania to push hydro, energy investment 10 September 2007
The Romanian government is planning a significant increase in investment in its energy sector, including in hydro power, the Ministry of Economy and Finance said. Specific details on the proposed strategic spend in hydro were not immediately available. The move comes on top of ongoing energy market deregulation. While it enjoys significant hydro power assets, Romania's energy resource asset base is dominated by thermal power and the government is also planning to build new nuclear plants. The government plans to list hydro power utility Hidroelectrica in 2008. Recently, credit ratings agency Standard and Poor's (S&P) lifted its corporate rating on the utility given its low cost asset base plus improving demand and market conditions. S&P cautioned, however, against any sell-off of hydro plants as they were core to the improved outlook for the utility. International Water Power and Dam Construction C2007 ---------------------------- Vali "Noble blood is an accident of fortune; noble actions are the chief mark of greatness." (Carlo Goldoni) "When the power of love overcomes the love of power, the world will know peace." (Jimi Hendrix) Aboneaza-te la <http://groups.yahoo.com/group/ngo_list> ngo_list: o alternativa moderata (un pic) la [ngolist] Please consider the environment - do you really need to print this email?
