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.
Related News
Turning thermal energy into electricity
NEW YORK - With the addition of sensors and enhanced communication tools, providing lightweight, portable power has become even more challenging. Army-funded research demonstrated a new approach to turning thermal energy into electricity that could provide compact and efficient power for Soldiers on future battlefields.
Hot objects radiate light in the form of photons into their surroundings. The emitted photons can be captured by a photovoltaic cell and converted to useful electric energy. This approach to energy conversion is called far-field thermophotovoltaics, or FF-TPVs, and has been under development for many years; however, it suffers from low power density and therefore…
