Duke, Areva form Adage
The new company, Adage, will work to develop new, environmentally friendly biopower energy in the United States.
Areva, traditionally involved in nuclear power, will work with South Carolina-based Duke to build power plants across the United States that use wood waste-to-power technology to provide power to electricity customers.
Areva will design and build the biomass power plants and Duke Energy Generation Services will manage operations. Adage plans to negotiate power-purchase agreements and fuel contracts for each plant it constructs.
According to the U.S. Energy Information Administration, the current total installed capacity of wood biomass power generation is about 6,000 megawatts, though it is estimated that with continued investment, that number could double over the next 10 years.
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WASHINGTON - The US generated 373.2 TWh of power in January, up 7.9% from 345.9 TWh in December and 9.3% higher than the same month in 2017, Energy Information Administration data shows.
The monthly total was the highest amount in January since 377.3 TWh was generated in January 2014.
Coal generation totaled 118.7 TWh in January, up 11.4% from 106.58 TWh in December and up 2.8% from the year-ago month. It was also the highest amount generated in January since 132.4 TWh in 2015.
For the second straight month, more power was generated from coal than natural gas, as 109.6 TWh came from…
