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First Indian power exchange launched

Market technology firm Financial Technologies (FTIL) and Power Trading Corporation (PTC), a public-private partnership aimed at developing India’s power markets, have launched the New Delhi-based Indian Energy Exchange (IEX), the country’s first…

JP Morgan and Chemoil form alliance

Investment bank JP Morgan and fuel supplier Chemoil Energy have formed a strategic alliance to cross-market physical and financial energy products to their respective clients.

US cannot cope with power demand: NERC

Electricity usage in the US is projected to grow more than twice as fast as capacity growth over the next 10 years, NERC has warned in its 2007 long-term reliability assessment. David Watkins reports

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