Report: TXU Manipulated Power Market
DALLAS - - TXU Corp. manipulated the Texas electric market in 2005, costing consumers $70 million and giving the utility $20 million in extra profits, according to an outside expert whose report was released by state regulators Monday.
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France’s first offshore wind turbine produces electricity
PARIS - Floating offshore wind turbine Floatgen, the first offshore wind turbine installed off the French coast, exported its first KWh to the electricity grid.
The connection of the electricity export cable and a final series of tests carried out in recent days enabled the Floatgen wind turbine, which is installed 22 km off Le Croisic (Loire-Atlantique), to become fully operational on Tuesday 18 September.
This announcement is a highly symbolic step for the partners involved in this project. This wind turbine is the first operational unit of the floating foundation concept patented by Ideol and built in concrete by Bouygues Travaux…