Duke Energy to turn Durham landfill gas into power
Duke said it had signed a contract with Methane Power, a renewable energy developer, to purchase two megawatts of power that will be produced by methane that is created by the landfill.
Financial terms were not disclosed. The agreement covers 20 years.
However, Duke Energy estimated the cost of the power would be “less than 10 cents a year” for residential customers.
Duke Energy has more than 2.3 million customers.
The gas is currently burned off at the landfill, which has been closed for several years.
According to Duke Energy, the gas will produce enough power for 1,600 residential customers. Duke expects to begin producing power as of May 1, 2009.
The agreement is one of several Duke Energy has signed in recent months to acquire energy from renewable resources, including three solar projects. Duke Energy also is investing in wind power projects.
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FERC needs to review capacity market performance, GAO recommends
WASHINGTON - Capacity markets may or may not be functioning properly, but FERC can't adequately make that determination, according to the GAO report.
"Available information on the level of resource adequacy ... and related costs in regions with and without capacity markets is not comprehensive or consistent," the report found. "Moreover, consistent data on historical trends in resource adequacy and related costs are not available for regions without capacity markets."
The review concluded that FERC collects some useful information in regions with and without capacity markets, but GAO said it "identified problems with data quality, such as inconsistent data."
GAO included three recommendations, including…
