UK gives wave energy a boost

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MAGE] [IMAGE] [IMAGE] Updated: Sept. 27, 2001 [IMAGE] [IM=
AGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] UK gives wave energy a =
boost In a strong show of support for renewables, Britain announced it wou=
ld fund 60% of the costs to develop the world's first offshore power plant =
fueled by waves. "Wave power has a huge part to play in our drive... [IM=
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[IMAGE] [IMAGE] [IMAGE] Possible 'catalyst' for new nuclear =
plants introduced Firms trying to flesh out early siting process Existing=
sites offer advantages [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE=
] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAG=
E] Deregulation sends EU energy prices soaring Surveys reveal extent =
of gas, electric deregulation Norway hit hardest by price increases [IMA=
GE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] Water issues dog coal=
bed methane development Environmental concerns move to forefront Slower pa=
ce of development might assuage critics [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [=
IMAGE] OPEC decides against cuts full story... Chevron cuts runs at CA =
plant on weak jet demand full story... Seattle City Council approves 50-M=
W wind purchase full story... FERC approves $2.2 billion Pepco-Conectiv m=
erger full story... Energy bill in doubt full story... Gas inventory ne=
aring capacity full story... California refund deadline pushed back full=
story... Committee Republicans urge dropping restructuring proposal full=
story... California files suit against Pacific Gas and Electric full sto=
ry... FERC's Wood sets upcoming agenda full story... To view all of tod=
ay's Executive News headlines, click here [IMAGE] [IMAGE] [I=
MAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Copyright ? 2001 - Platts, A=
ll Rights Reserved [IMAGE] Market Brief Wednesday, September 26 Stock=
s Close Change % Change DJIA 8,567.39 (92.6) -1.07% DJ 15 Util. 298.01 (13.=
0) -4.19% NASDAQ 1,464.04 (37.60) -2.50% S&P 500 1,006.33 (5.2) -0.52% =
Market Vols Close Change % Change AMEX (000) 136,149 (35,284.0) -20.58% NAS=
DAQ (000) 1,761,370 (421,831.0) -19.32% NYSE (000) 1,516,950 (88,702.0) -5.=
52% Commodities Close Change % Change Crude Oil (Nov) 22.75 0.94 4.31%=
Heating Oil (Oct) 0.658 0.040 6.54% Nat. Gas (Henry) 1.83 (0.100) -5.18% =
Propane (Oct) 38 (0.750) -1.94% Palo Verde (Oct) 31.50 0.00 0.00% COB (Oct=
) 33.00 0.00 0.00% PJM (Oct) 29.70 0.00 0.00% Dollar US $ Close Chang=
e % Change Australia $ 2.040 0.015 0.74% Canada $ 1.573 0.002 0.13% Ge=
rmany Dmark 2.120 0.000 0.00% Euro 0.9227 (0.000) -0.03% Japan ?en 117=
.90 0.200 0.17% Mexico NP 9.54 0.050 0.53% UK Pound 0.6782 (0.0019) -0.=
28% Foreign Indices Close Change % Change Arg MerVal 244.65 0.73 0.30%=
Austr All Ord. 2,932.10 27.60 0.95% Braz Bovespa 10005.87 (223.18) -2.18%=
Can TSE 300 6654.83 (47.18) -0.70% Germany DAX 4095.32 86.20 2.15% HK Ha=
ngSeng 9371.75 161.69 1.76% Japan Nikkei 225 9641.7 (52.27) -0.54% Mexico=
IPC 5324.84 20.46 0.39% UK FTSE 100 4,696.10 32.70 0.70% Source: =
Yahoo! & TradingDay.com =09 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMA=
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