NRG testing biomass at Louisiana plant
NRG said the project could lead to commercial-scale projects using biomass fuels to reduce carbon dioxide emissions from other coal-fired plants.
NRG is planting 20 acres of switchgrass and sorghum at the plant site using seed and growing techniques provided by Ceres, a developer and marketer of high-yield energy grasses. The switchgrass and sorghum were chosen for use specifically in Louisiana's soil and climate, and will be managed by a local grower.
The next phase, expected to be done next year, will use the biomass as a partial fuel for electric generation.
NRG shares fell 19 cents to $28.38 in recent trading. The shares have traded between $14.39 and $29.26 over the past year.
Princeton, N.J.-based NRG has generation capacity of 24,000 megawatts, enough to supply more than 20 million homes. Its retail business, Reliant Energy, serves more than 1.6 million customers in Texas.
Related News
The Collapse of Electric Airplane Startup Eviation
NEW YORK - The electric aviation industry was poised to revolutionize the skies, with startups like Eviation Aircraft leading the charge to bring environmentally friendly, cost-efficient electric airplanes into commercial use. However, in a shocking turn of events, Eviation has faced an abrupt collapse, signaling challenges that may impact the future of electric flight.
Eviation’s Vision and Early Promise
Founded in 2015, Eviation was an ambitious electric airplane startup with the goal of changing the way the world thinks about aviation. The company’s flagship product, the Alice aircraft, was designed to be an all-electric regional airliner capable of carrying up…
