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Friday, July 21, 2006

Power body to look at fuel implications

Rising fuel costs, its implications for power utilities and how these issues can be addressed, will be discussed at the 15th annual conference of the Pacific Power Association. The conference theme is "Investing in Long-term Sustainability".

Key focus at the conference would be fuel, renewable energy and energy efficiency as fuel as it seriously affected the operating costs of power utilities and the economy. The Assocation said renewable energy and energy efficiency will be addressed arising from the need to reduce imports of fossil fuel, which make up about 70% of power utilities' budgets.

The Association said there was a need to seek alternative methods of generating electricity and reducing greenhouse gas emissions.

Other issues to be discussed at the conference include : customer issues, electricity production, and transmission and distribution.

Chief executives of power utilities, donor agencies and other energy stakeholders will attend the conference, which will cater for more than 150 participants and include representatives from 17 utilities from the region.

The event has drawn interest from 37 exhibitors representing companies from United States of America, Australia, New Zealand, France, Singapore and from within the region.

The conference will be held for 5 days commencing 25 July 2006 at the Warwick Resort on the Coral Coast.

Note from GV : Foreign investors wishing to set up business or invest in Fiji can use our company, Gilbert & Samuels Company Limited, to facilitate all necessary licences, permits and approvals required for setting up. We provide other business advisory services as well. Our contacts are : telephone +679 3396427 or e-mail gilbert@connect.com.fj.

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