Comverge reaches 126-MW demand reduction deal with Nevada Power
As part of the two-year deal, Comverge will operate Nevada Power's existing 15-MW to 19-MW demand-response system, which comprises thermostats and digital-control units, from 2007 to 2009. Comverge expects to recognize between $25 million and $30 million in revenue from the contract.
Comverge will market the VPC program to Nevada Power's residential and small commercial customers. The load-management system will encourage energy efficiency and help assure energy reliability during times of peak demand, the company said.
The program also will allow Nevada Power to call on capacity that can be dispatched within 10 minutes.
Nevada's renewable portfolio standard allows utilities to use energy-efficiency programs to meet up to 25% of the standard.
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A goodwill gesture over electricity sows discord in Lebanon
BEIRUT - It was supposed to be a goodwill gesture from an energy company in Turkey.
This summer, the Karadeniz Energy Group lent Lebanon a floating power station to generate electricity at below-market rates to help ease the strain on the country's woefully undermaintained power sector.
Instead, the barge's arrival opened a Pandora's box of partisan mudslinging in a country hobbled by political sectarianism and dysfunction.
There have been rows over where it should dock, how to allocate its 235 megawatts of power, and even what to call the barge.
It has even driven a wedge between Lebanon's two dominant parties among Shiite Muslims:…
