State Owned Enterprises Take More Energy Business

By OilPrice.com Foreign state owned enterprises appear poised to take an even larger, more active role in the interna-tional energy business in all aspects–nuclear as well as renewables. Press reports indicate that Korea Electric Power (Kepco), controlled by the government of South Ko-rea, might well be the only bidder for Toshiba’s Westinghouse unit that will pass muster with western governments. The South Korean government, say the reports, wants to make Korea a major player in the world nuclear industry. Kepco would be the “entry vehicle”. Like the French…

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